Wallet Giant Blockchain Raising $50 Million Crypto Fund: Report

Wallet Giant Blockchain Raising $50 Million Crypto Fund: Report

Crypto wallet and data provider Blockchain is raising a VC fund to invest in industry startups and cryptocurrencies, Yahoo Finance says. According to a report on Wednesday, two sources said that Blockchain is in discussions with investors to raise $50 million for the fund.
Seoul’s Artbloc to Offer High-End Art Using Blockchain-Based Fractional Ownership

Seoul’s Artbloc to Offer High-End Art Using Blockchain-Based Fractional Ownership

A Korean start-up will be fractionally selling two works by David Hockney in September. Gangnam, Seoul-based Artbloc this month acquired Focus Moving, 2018 and Pictured Gathering with Mirror, 2018. It will be issuing 8,500 tokens for the former and 5,000 for the latter and offering the tokens during an event to be held at Lounge K in Gangnam on September 19.
Биткоин-кошелек Blockchain объявил об интеграции с процессингом BitPay

Биткоин-кошелек Blockchain объявил об интеграции с процессингом BitPay

Кошелек Blockchain заключил партнерство с ведущим платежным процессингом BitPay. Say hello to easier crypto payments 👋 our latest blog introduces a new way to spend bitcoin on your favorite internet items (think: giftcards.. travel.. jewelry) right from your web or mobile Wallet. Read more here: https://t.
Iconloop Signs Deal With Art Site to Create Record of Ownership

Iconloop Signs Deal With Art Site to Create Record of Ownership

Iconloop has signed a deal with Yeolmae Company to provide a blockchain-based certificate issuance service for the company’s ARTnGUIDE platform, which acts as an intermediary site for the joint ownership of art. The agreement was covered heavily in the local press. It was confirmed by the company by email and by a release and via ARTnGUIDE’s website.
Blockchain Education Initiatives Launch at California Universities

Blockchain Education Initiatives Launch at California Universities

A VC-backed blockchain firm that helped curate courses at Harvard, Oxford and Cambridge is officially rolling out its programs at three California universities. MouseBelt‘s Blockchain Accelerator launched Wednesday at UC Davis, UC Los Angeles and UC Santa Barabara, boosting the educational presence at the noted U.S. schools. Backed by over $40 million in funding from New Value Capital, MouseBelt currently aids 65 student blockchain community groups at 14 universities worldwide.
Mythos Capital Founder: “IPOs Are Coming to Ethereum”

Mythos Capital Founder: “IPOs Are Coming to Ethereum”

There is never a day without intriguing cryptocurrency developments. Those who can look past the drama and hype may have taken note of a surprising bit of news. It appears there will be IPOs issued on top of the Ethereum blockchain. These tokens will serve both security and utility functions. An interesting development to keep an eye on.  More Ethereum Tokens Over the past few years, there has been a vast influx of tokens issued on the Ethereum blockchain.
Суд в США продолжит рассмотрение иска компании Blockchain против Paymium

Суд в США продолжит рассмотрение иска компании Blockchain против Paymium

Федеральный суд Нью-Йорка отклонил ходатайство финтех-компании Paymium, в котором она требовала прекратить рассмотрение иска по обвинению в нарушении торгового знака, поданного против нее крупнейшим провайдером биткоин-кошельков Blockchain. Blockchain Motion Ruling by ForkLog on Scribd Судебный иск против Paymium и ее CEO Пьерра Нойзата был инициирован британской компанией Blockchain в сентябре прошлого года.
These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It

These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It

Summa co-founder James Prestwich wants to bridge the great divide: bitcoin vs. ethereum. Now his firm is teaming up with fellow blockchain startup Keep to launch the Cross-Chain Working Group, which aims to create a protocol for using bitcoin on ethereum-based systems. The group hosted its first meeting on Thursday with more than 40 participants, including curious representatives from interoperability protocol Cosmos and Ripple’s investment arm, Xpring.
The City of Seoul Will Create a Cryptocurrency for Citizen Rewards

The City of Seoul Will Create a Cryptocurrency for Citizen Rewards

The Seoul Metropolitan Government will establish its first blockchain-based administrative services in November, according to a report in the Korean-language blockinpress. At a conference held last month and attended by city officials and representatives of the private sector, specifics of the roll out were discussed, with timelines and goals established. The meeting seemed to revive an initiative that had lost some momentum since first being announced late last year.
South Korea’s Shinhan Brokerage to Offer Blockchain-Based Securities Lending

South Korea’s Shinhan Brokerage to Offer Blockchain-Based Securities Lending

Shinhan Financial Investment will soon be offering peer-to-peer (P2P) stock lending via the blockchain. When the new service is introduced this year, individuals will be able to borrow and lend securities with other individuals directly, rather than going through an intermediary. The Economic News and other local Korean media reported the news. Securities lending and borrowing transactions are normally inefficient and expensive for anyone but larger investors.
Firearm Firm Wins Patent for Integrating Blockchain into ‘Black Box’ for Guns

Firearm Firm Wins Patent for Integrating Blockchain into ‘Black Box’ for Guns

Blockchain has made its way to the firearm industry with a patent issuance to Justifire, a Georgia-based gun appliance manufacturer. Described as a ‘black box’ for your gun, the company’s signature device captures visual, audio, and other data for events requiring lethal force.
Крупнейший провайдер криптовалютных кошельков запустил собственную биржу

Крупнейший провайдер криптовалютных кошельков запустил собственную биржу

Провайдер популярного криптовалютного кошелька Blockchain объявил о запуске собственной торговой платформы PIT. 1/ The secret is finally out 🎉we’re launching The PIT, the fastest crypto exchange in the world (come find us at https://t.co/egT1Ca3BfU or @BlockchainPIT on Twitter and Instagram) pic.
LG Expands Blockchain Applications With Food Ledger and Potential Crypto Wallet

LG Expands Blockchain Applications With Food Ledger and Potential Crypto Wallet

LG Corporation, the South Korean electronics conglomerate, may be expanding its blockchain initiatives. On July 2, the firm filed a trademark application on that describes an electronic wallet that may contain capabilities for cryptocurrency. Additionally, LG CNS, the firm’s IT subsidiary, announced that it will add food distribution services to it’s Monachain distributed ledger, according to ZDnet.
Nestle Announces New Blockchain Initiative Separate From Ongoing IBM Project

Nestle Announces New Blockchain Initiative Separate From Ongoing IBM Project

Nestlé, the largest food company by revenue, announced a pilot program to track its supply chains using blockchain, according to a company statement. The firm partnered with OpenSC, a blockchain platform, to develop the distributed ledger system which will be separate and distinct from Nestlé’s ongoing participation with IBM Food Trust blockchain.
Longenesis Brings South Korean Medical Records to the Blockchain

Longenesis Brings South Korean Medical Records to the Blockchain

Longenesis has concluded two new partnerships in South Korea. According to the Riga, Latvia-based, Hong Kong-incorporated company, it will be providing its medical-consent platform-as-a-service to Hanshin Medipia Medical Center and Infinity Care. That brings to four the number of business relationships it has in South Korea, currently the company’s primary market of focus. Longenesis, which was formed in late 2017, provides a suite of modular blockchain solutions for medical providers, supplying everything from user interfaces for patient interaction to medical recordkeeping.
‘All Time Lows’ by Lil Bubble Captures Spirit as Altcoins Fail to Pace Bitcoin

‘All Time Lows’ by Lil Bubble Captures Spirit as Altcoins Fail to Pace Bitcoin

A new anthem for altcoin HODLers dropped harder than that market did in March 2018, potentially signaling cryptos’ return to meme-driven, pop-cultural awareness. Despite bitcoin’s surge in price and attention last week, most altcoins were unaffected by the market drive. Prior to the recent market exuberance directed at the largest cryptocurrency by capitalization, an “Alt-Season” – comprised of 118 cryptos that increased faster year-over-year than bitcoin – was in play.
Blockchains.com Founder Buys Community Bank to Finance Crypto Dreams

Blockchains.com Founder Buys Community Bank to Finance Crypto Dreams

Jeffrey Berns, eccentric founder of blockchain incubation and investment firm Blockchains.com, purchased a small community bank in Las Vegas, Nevada in order to secure financing as he manifests his decentralized dreams, according to The Nevada Independent.
JPMorgan CEO Dimon Says Crypto Companies ‘Want to Eat Our Lunch’

JPMorgan CEO Dimon Says Crypto Companies ‘Want to Eat Our Lunch’

JPMorgan Chase CEO Jamie Dimon indicated in a recent interview with Yahoo Finance that he had not spoken with Facebook about the development of Libra.
Pot Startup Uses the Blockchain to Smoke Out Weed Strains

Pot Startup Uses the Blockchain to Smoke Out Weed Strains

In what amounts to interesting – and very cannafuturoid – word salad, a Panamanian company called TheraCann has begun to add “DNA tag-based forensic traceability and authenticity with TruTrace’s Industry Blockchain Hub.” In other words they’re sequencing your weed’s DNA and sticking it onto the blockchain. “The biotrace system provides seed-to-sale traceability for cannabis and hemp and uses Applied DNA’s unique, safe and persistent molecular tag for the identification of any biomass, extraction, isolate, derivative or cannabis packaging,” said CEO Jason Warnock in a release.
Malta to Register All Rent Contracts on Blockchain

Malta to Register All Rent Contracts on Blockchain

Joseph Muscat, the Prime Minister of Malta, announced on Sunday that every rental contract in Malta would be registered on the blockchain. The announcement came during an interview on Radio One. The prime minister said the reformed rental laws were approved by the cabinet after a long consultation period.
Wanxiang City Partners with Blockchain Privacy Startup on Tracking Infrastructure

Wanxiang City Partners with Blockchain Privacy Startup on Tracking Infrastructure

Wianxiang, prominent Chinese car manufacturer, has partnered with PlatON, a blockchain privacy startup, to develop the underlying infrastructure for China’s largest smart city project, slated for completion by 2025. His eponymous Wanxiang Innova City, in progress since 2015, will convert 8.3 square kilometers premium riverfront real-estate in Hangzhou into an “expansive digital and ecological urban space,” according to a press release.
Algorand Raises $60 Million in Token Sale

Algorand Raises $60 Million in Token Sale

Algorand raised over $60 million in a token sale of its native Argos token on Coinlist. Argos’ closing price settled at $2.
Regulators Debate Cryptocurrency Legislation Ahead of G20 Summit

Regulators Debate Cryptocurrency Legislation Ahead of G20 Summit

Cryptocurrency regulation will take a step forward during the upcoming V20 Summit where country representatives will assess the new course of legal action proposed by the international Financial Action Task Force (FATF). FATF will release proposals on June 21 in hopes of setting new international standards for crypto businesses. Legislators support the summit, which will also bring together national blockchain associations and the world’s leading Virtual Asset Service Providers (VASPs).
Brazilian Financial Authorities Announce Regulatory Sandbox For Blockchain

Brazilian Financial Authorities Announce Regulatory Sandbox For Blockchain

Four of Brazil’s major financial authorities have come together to regulate emerging technologies, including blockchain. The Ministry of Finance, the Central Bank of Brazil, the Securities Commission, and the Superintendent of Private Insurance recently announced their intention to adapt new regulations to manage fintech and cryptocurrency advances. The regulations will affect Brazil’s securities, financial, and capital markets, according to the regulators.
Rhode Island Looks to Adopt Blockchain For Government Use

Rhode Island Looks to Adopt Blockchain For Government Use

Rhode Island issued a request for proposals aimed at exploring the viability of blockchain technology to improve state operations. This comes on the heels the state relaxing certain security laws for blockchain businesses.