China’s Great Firewall now Blocks two Additional Major English Newspapers

China’s Great Firewall now Blocks two Additional Major English Newspapers

The Great Firewall of China has sparked numerous debates since its inception. While this artificial blockade is most commonly used to prevent the spreading of misinformation, it is also a clear example of online censorship. In a new move, the Great Firewall has begun blocking foreign news sites, which raises a lot of questions. No More Access to Washington Post and Others Over the past few years, several dozen websites have fallen victim to China’s Great Firewall.
IBM, Maersk’s Blockchain Platform TradeLens Is Shipping to Russia

IBM, Maersk’s Blockchain Platform TradeLens Is Shipping to Russia

A blockchain-powered platform built by IBM and Maersk and designed to facilitate international trade is to launch in Russia. According to a June 6 news release from Maersk, the Danish shipping and logistics giant, agreement has been reached with Russian authorities for the TradeLens platform to operate in the country, starting with a pilot project alongside the country’s primary container gateway, the port of St.
Brazilian President Rebuffs Cryptocurrency as His Administration Explores Blockchain

Brazilian President Rebuffs Cryptocurrency as His Administration Explores Blockchain

Brazil’s President, Jair Bolsonaro, has come out publicly in opposition to bitcoin. In an interview aired on national television, the Brazilian president commented on cryptocurrency being used to bank indigenous people in Brazil.
UK Insurer L&G Using Amazon’s Blockchain Service for Bulk Pensions Deals

UK Insurer L&G Using Amazon’s Blockchain Service for Bulk Pensions Deals

A U.K. insurer has turned to Amazon’s services to launch what it claims is the first blockchain system for bulk pension deals. According to a Reuters report Wednesday, Legal & General, a U.K.based multinational financial services company, has said it will use Amazon Web Services’ (AWS) managed blockchain system to manage and record bulk annuities for its insurance business.
Former US Senator Rick Santorum Supports New Crypto for Catholics

Former US Senator Rick Santorum Supports New Crypto for Catholics

Former US Senator, neologism, and noted Catholic, Rick Santorum, has come out in support of Cathio, a for-profit organization that will “provide efficient, secure, and transparent movement of funds within the Catholic world.” From a release: “Cathio’s platform is designed to enable all sectors of the Catholic economy to benefit from lower costs and transparent payments,” said Cathio CEO Matthew Marcolini.
Bitcoin Struggles for Price Gains As Litecoin Hits 13-Month high

Bitcoin Struggles for Price Gains As Litecoin Hits 13-Month high

View Bitcoin’s price consolidation in a tight range continues for the eighth day, as litecoin rallies to its highest level since May 2018. BTC’s 4-hour chart shows $8,053 is the level to beat for the bulls. A high-volume break higher could be followed by a rise to $8,500. LTC looks set to extend its recent rally as per the 3-day chart. LTC already rallied more than 100 percent in the last six weeks, so a pullback to $120 could be seen before further gains.
‘It Feels Like Family’: Bitcoiners Gather for Security Conference in Amsterdam

‘It Feels Like Family’: Bitcoiners Gather for Security Conference in Amsterdam

A swift breeze swept across the canal and into a small Amsterdam pub, where about 30 bitcoiners sat drinking beers and registering for Breaking Bitcoin 2019. It smelled like rain. From a British mom who works from home as a “bitcoin hobbyist,” to a ripped Kiwi technologist with a thick beard, people who work with bitcoin gathered to joke about Crypto Twitter and nodes. They were in Amsterdam for one of the most prestigious security conferences in the blockchain industry. But on this rainy Friday, they had also come for something more.
CryptoCompare Launches Benchmark Rankings for Cryptocurrency Exchanges

CryptoCompare Launches Benchmark Rankings for Cryptocurrency Exchanges

Cryptocurrency data and indices provider CryptoCompare is working to make it easier to spot good, and bad, crypto exchanges. Announced Wednesday, the company has launched a benchmark ranking of over 100 active spot exchanges from across the globe, offering users a “comprehensive, granular and reliable source of information on the best trading venues.” CryptoCompare’s Exchange Benchmark was launched to address the need for reliable metrics to evaluate the large number of cryptocurrency exchanges now offering services around the world.
Nash Prepares to Launch Beta Versions of Its Decentralized Exchange and Mobile Products

Nash Prepares to Launch Beta Versions of Its Decentralized Exchange and Mobile Products

With a mission of “bringing distributed finance to everyone,” five open-source blockchain developers have come together to form a distributed finance platform using blockchain technology that allows for decentralized and non-custodial cryptocurrency trading. Established in 2017, founders Fabio Canesin, Fabian Wahle, Ethan Fast, Thomas Saunders, and Luciano Engel built Nash as an integrated financial services platform in which users could invest, trade, and make payments with digital assets.
Coinbase Expands Cryptocurrency Visa Debit Cards Across Europe

Coinbase Expands Cryptocurrency Visa Debit Cards Across Europe

Cryptocurrency exchange Coinbase has expanded its Visa debit card service to six European countries, allowing customers in the region to spend their digital assets. According to a report from CNBC on Wednesday, the Coinbase Card is now available for users in Spain, Germany, France, Italy, Ireland, and the Netherlands. With the card, customers will be able to spend their cryptocurrency assets including bitcoin, ethereum, and litecoin in both online and physical stores that accept Visa.
Pan-African Insurer Old Mutual Will Not Insure Mining Rigs

Pan-African Insurer Old Mutual Will Not Insure Mining Rigs

Old Mutual, a legacy, pan-African insurance company, announced it will not insure equipment used for cryptocurrency mining, according to a statement released June 10. The company cites the expense, risk, and speculative nature of the industry. Africa contributes less than 10 percent of the total bitcoin hash rate, according to Bitcoin Magazine.
dOrg Founders Have Created the First Limited Liability DAO

dOrg Founders Have Created the First Limited Liability DAO

DOrg, a company that builds DAO-related software founded by Ori Shimony, Asgeir Sognefest, and Jordan Ellis, has created what it calls the first Limited Liability Decentralized Autonomous Organization or DAO, a legal way to “reference blockchain code (smart contracts in our case) as the legitimate source of authority for their company’s operations and governance.” The process melds the complexities of a DAO with the legal protections afforded to limited liability companies.
University of British Columbia Adds Blockchain Program for Master’s and PhD Students

University of British Columbia Adds Blockchain Program for Master’s and PhD Students

One of Canada’s leading research universities, the University of British Columbia, is launching a blockchain tech training path for graduate students. According to the UBC, the program is a first in Canada. The track will focus on four areas: health and wellness, clean energy, regulatory technology and issues for Indigenous residents, and will officially launch next January.  “The initiative will allow students to develop the skills around emerging technologies that are in high demand as well as drive economic growth as graduates fill the void in the industry,” said Victoria Lemieux, UBC iSchool associate professor and founder of [email protected], in a statement.
Fraud-Fighting ‘Watchtowers’ to Arrive in Next Bitcoin Lightning Release

Fraud-Fighting ‘Watchtowers’ to Arrive in Next Bitcoin Lightning Release

So-called lightning network “watchtowers” — a much-anticipated next step for securing the network — are coming soon. Watchtowers have long been considered a missing piece of bitcoin’s lightning layer, as they’re crucial for squashing fraud on the experimental, off-chain network that could make bitcoin payments faster and more scalable. With version 0.7 of the LND software release coming at an undisclosed date in June, Lightning Labs is launching the most complete build of a network watchtower to date.
Ex-Employee Sues Startup Behind Zcash for $2M Over Unpaid Stock

Ex-Employee Sues Startup Behind Zcash for $2M Over Unpaid Stock

A former employee, Simon Liu, is suing the former Zerocoin Electric Coin Company for $2 million over unpaid shares, breach of contact, and damages, according to court documents filed on May 29. Zerocoin is the organization behind the popular cryptocurrency Zcash (ZEC).
NEO Price Prediction And Analysis For June 7th – NEO Unable to Rise on News

NEO Price Prediction And Analysis For June 7th – NEO Unable to Rise on News

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The NEO stopped falling and is trading around $11.50 late this week. In the long term, the crypto is trading in a tight ascending channel; the uptrend momentum is quite weak, though, and it may seem the NEO is trading sideways.
Ex-R3 Director Tim Swanson Joins Blockchain Builder Clearmatics

Ex-R3 Director Tim Swanson Joins Blockchain Builder Clearmatics

Outspoken blockchain analyst Tim Swanson is joining U.K.-based Clearmatics, one of the top rivals to his former employer R3. Swanson, the founder and director of research at Post Oak Labs, has been on Clearmatics’ advisory board since 2015. He will come on board full-time next week as head of market intelligence, he told CoinDesk. “It is a privilege to join a company that has had a consistent vision for the confluence of finance and technology,” Swanson said.
Enigma Launches Second Testnet for ‘Secret Contract’ Blockchain

Enigma Launches Second Testnet for ‘Secret Contract’ Blockchain

Data privacy startup Enigma is officially launching its second test network for ethereum developers. While the code for the second testnet developer release has been up on GitHub since last week, the Enigma team announced today new developer guidelines and walk-through documentation to supplement the release. In interview with CoinDesk,  Tor Bair – head of growth and marketing for Enigma – positioned the launch as a way for more developers than before to build specialized smart contracts called “secret contracts.
Visa Goes Live With Blockchain-Powered Business Payments Service

Visa Goes Live With Blockchain-Powered Business Payments Service

Visa’s blockchain-powered business-to-business payments service, first made public in October 2016, has officially gone live. As reported by Reuters on Tuesday,  the payments giant has launched its Visa B2B Connect network – a product that was originally developed alongside blockchain startup Chain.
Nasdaq’s Quandl Institutional Data Platform to Add Crypto Reference Prices

Nasdaq’s Quandl Institutional Data Platform to Add Crypto Reference Prices

A Nasdaq-owned financial data platform for institutional investors is adding cryptocurrency reference prices. Nasdaq’s Quandl platform will source its price information from cryptocurrency price and indices provider CryptoCompare. Based on CryptoCompare’s aggregate index datasets, the product will provide up-to-date pricing data for the “most liquid” cryptocurrency markets, according to a press release published Tuesday.
Ripple Kicks Off South America Expansion With Brazil Launch

Ripple Kicks Off South America Expansion With Brazil Launch

Blockchain payments company Ripple has launched in Brazil as the first stage of its planned expansion across South America. For the effort, Ripple has hired veteran fintech entrepreneur and executive Luiz Antonio Sacco as managing director to drive strategy and help develop Ripple’s business in the region, according to a press release issued Tuesday.
Korea’s Biggest Bank Is Preparing to Custody Digital Assets

Korea’s Biggest Bank Is Preparing to Custody Digital Assets

KB Kookmin, the largest bank in South Korea, is preparing launch a digital asset custody offering. According to a report from CoinDesk Korea, the institution is teaming up for the effort with blockchain startup Atomrigs Consulting, with the two entities signing a strategic business agreement on June 10. Atomics Labs is developing a product called Lime that secures digital assets such as cryptocurrencies using secure MPC technology.
No Man’s Land: Bitcoin Price Locked in $600 Range for Seventh Day

No Man’s Land: Bitcoin Price Locked in $600 Range for Seventh Day

View Bitcoin has been trapped largely in the $7,500–$8,100 trading range since June 5. A high volume falling channel breakout on the 4-hour chart, if confirmed, would revive the bullish outlook and open the doors to $8,500. The 4-hour chart moving averages and trading volumes indicate the price is more likely to fall back to $7,500 in the next 24 hours. A break below $7,500 would validate the bearish doji reversal confirmed by Sunday’s close below $8,000 and allow a deeper drop below $7,000.
Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use

Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use

The chief of the Philippines central bank has warned over the risks of growing cryptocurrency use in the country. On Monday, The Philippine Star quoted Benjamin Diokno, governor of the Bangko Sentral ng Pilipinas, as saying his institution would continue to address the use of cryptocurrencies, especially given the tech’s potential use in the funding of terrorism.
Metaco Offering Crypto Custody Insurance via Giant Broker Aon

Metaco Offering Crypto Custody Insurance via Giant Broker Aon

Aon, the world’s second-largest insurance broker by revenues, has lined up a panel of insurers to provide cryptocurrency coverage for clients of Metaco, a digital asset custody technology firm. Announced Tuesday, this group of mostly European insurers (none of whom were named) will offer a crime insurance product to institutions using Metaco’s SILO solution for so-called hot and cold (online and offline) wallets.