JP Morgan Identifies Three Companies Whose Stock Could Benefit From Blockchain

JP Morgan Identifies Three Companies Whose Stock Could Benefit From Blockchain Investment bank and financial services firm J.P. Morgan Chase has identified three public companies whose stock it believes will benefit from their applications of blockchain technology, CNBC reported Nov. 8. In a note to clients, J.P. Morgan reportedly forecast that IT companies will deploy blockchain in the same way that many firms…

IOT/USD Price Analysis: More than 600 Corporations Interested in IOTA

IOT/USD Price Analysis: More than 600 Corporations Interested in IOTA Like the rest of the market, IOT/USD aggressive traders can begin loading at spot thanks to Nov 4 close above the minor resistance trend line. But, the real impetus is the effort by the IOTA Foundation to create avenues where corporations can easily integrate and…

US SEC Charges, Fines EtherDelta Founder with Operating Unregistered Securities Exchange

US SEC Charges, Fines EtherDelta Founder with Operating Unregistered Securities Exchange The U.S. Securities and Exchange Commission (SEC) has charged Zachary Coburn, the founder of crypto token trading platform EtherDelta, with operating an unregistered securities exchange, a press release by the SEC reveals Thursday, Nov. 8. EtherDelta, which served as a secondary marketplace for trading ERC20 tokens, allows its users to buy and sell digital…

Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation

Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8. DMG states that the facility will start at 60 megawatts, and can expand its capacity up to 85 megawatts. DMG Blockchain Solutions initially revealed its plans to…

US Regulator Wants to Adopt Blockchain to Maintain Pace with Market Manipulators

US Regulator Wants to Adopt Blockchain to Maintain Pace with Market Manipulators The chair of the U.S. Commodity Futures Trading Commission (CFTC) has said that he wants to adopt blockchain to “keep pace with those who attempt to defraud, distort, or manipulate” financial markets. CFTC Chairman Giancarlo Envisions Compliance Built into Business Operations Through Smart…

IBM, Seagate Team Up to Tackle Hard Drive Fakes With Blockchain

IBM, Seagate Team Up to Tackle Hard Drive Fakes With Blockchain Global tech giant IBM is partnering with hardware manufacturer Seagate to ensure that computer hard drives are authentic using blockchain tech. The companies announced Tuesday that they would be logging Seagate-produced drives on the IBM Blockchain Platform to block counterfeits from being utilized in…

Chinese School Principals Caught Mining Ethereum At Work

Chinese School Principals Caught Mining Ethereum At Work Two principals at a Chinese school got in hot water after stealing power from the institution to mine the ethereum cryptocurrency. According to a report from Hong Kong news outlet HK01 on Wednesday, Puman Middle School in Hunan province had been experiencing higher than normal noise levels from its computers…