Fidelity Cryptocurrency Platform Enters ‘Final Testing’ Stages

Fidelity Cryptocurrency Platform Enters ‘Final Testing’ Stages American financial services giant Fidelity said that its cryptocurrency trading and custody platform is in the “final testing and process refinement periods” in a Medium blog post on Jan. 31. Per the announcement, the firm is currently providing services to a small, select group of clients while it continues to…

IBM Completes Blockchain Trial Tracking a 28-Ton Shipment of Oranges

IBM Completes Blockchain Trial Tracking a 28-Ton Shipment of Oranges IBM has completed a trial of blockchain technology to track a shipment of mandarin oranges from China to Singapore. Announced today, 28 tons of mandarin oranges, or 3,000 cartons containing approximately 108,000 fruits, were delivered ahead of Chinese New Year celebration on Feb. 5 (mandarin…

CEO of Telecoms Giant Swisscom’s Blockchain Unit Steps Down

CEO of Telecoms Giant Swisscom’s Blockchain Unit Steps Down The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30. As major local news outlet Swissinfo reported the same day, news of Daniel Haudenschild’s reportedly sudden departure from Swisscom Blockchain came just a day before the executive accepted…

SBI Reports Financial Results, Recognizes Ripple for Cross Border Payments

SBI Reports Financial Results, Recognizes Ripple for Cross Border Payments Japanese finance giant SBI Holdings has released its nine-month financial report today, Jan. 31. In the report for the period ending on Dec. 31, 2018, SBI notes Ripple’s potential for cross-border payments. SBI outlines the implementation of technologies by Ripple (XRP) and blockchain consortium R3 as a major part of its strategy to enable a global…

Crypto Exchange QuadrigaCX Files for Creditor Protection

Crypto Exchange QuadrigaCX Files for Creditor Protection Canadian crypto exchange QuadrigaCX is filing for protection from creditors, a step taken to avoid bankruptcy. In a statement posted to its website nearly a week after the portal became inaccessible, the exchange announced that it had filed “an application for creditor protection in accordance with the Companies’ Creditors Arrangement Act,”…

Danish Government’s Energinet Signals Iota Deal to Improve Energy Sector Offerings

Danish Government’s Energinet Signals Iota Deal to Improve Energy Sector Offerings Danish state-owned energy company Energinet has expanded its partnership with distributed ledger network Iota to investigate use of its technology in new areas, Iota revealed in blog post Jan. 30. Energinet, which is an independent enterprise under Denmark’s Climate and Energy Ministry, wants to examine how it could leverage Iota’s Tangle technology in…

Bitcoin (BTC) Holds Steady Above $3,400, But Analysts Still Believe Further Losses Could Be in Store

Bitcoin (BTC) Holds Steady Above $3,400, But Analysts Still Believe Further Losses Could Be in Store Following Bitcoin’s recent drop into the $3,400 region, it has been able to hold support above $3,400 for an extended period of time, which may ultimately prove to be positive for Bitcoin’s price action. It is important to note…

Ethereum Hackathon ETHDenver Partners With UNICEF on Blockchain Bounty System

Ethereum Hackathon ETHDenver Partners With UNICEF on Blockchain Bounty System Upcoming Ethereum (ETH) hardware hackathon ETHDenver is partnering with UNICEF on a blockchain bounty token system, according to a press release shared with Cointelegraph Jan. 31. The token aims to incentivize developers to create projects which promote social good, the press release notes. ETHDenver — set to…