CryptoDaily Newsletter by BCFocus >> 16.05.2018 >> Vol.22 8691
Bitcoin News
May 16, 2018 at 7:21 PM


Deutsche Bank Joins Hyperledger Project as Premier Member

Hyperledger is an open source collaborative effort dedicated to developing cross-industry blockchain technologies. It is an international participation, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing, and Technology. Read more

eToro undertakes trading of its cryptocurrencies in the US market.

eToro, the world’s leading social trading network will be opening up to the colossal US trading market. It had recently expanded its list of cryptocurrencies and now it is set to start its operations in the US market. Read more

Blockchain INDO 2018, Jakarta’s crypto-conference

Blockchain INDO 2018 held on 11 & 12 May 2018 at Kempinski Grand Ballroom Jakarta successfully comprised experts, speakers, exhibitors and participants from blockchain, digital assets and fintech - nearly 1000 participants from around the world who attended the event. Read more

South Korea to emphasise on the “positive aspects” of virtual currencies

South Korea is all set to relax its vigilance on cryptocurrencies. The regulating officials of South Korea express their intention to ease their norms. They are preparing to use virtual currencies in the form of “financial assets. Read more

Boston based Circle Raises $110M for US Dollar Crypto Coin

A digital currency startup dubbed “Circle Internet Financial” has recently raised an enormous amount of $110 million in the VC funding. Their aim is to unveil their own US Dollar Coin. It is supposed to be a cryptocurrency that works on Ethereum Blockchain. Furthermore, the cryptocurrency will be backed by US fiat currency called “US dollar”. Read more

Poland becomes world’s first country to put banking records on the blockchain

Billion, Polish tech firm is collaborating with the country’s Credit Office to utilize blockchain technology to store the credit histories of 24 million people and 1 million businesses. Read more

Blockchain startup VeChain gets investment from Norway-based organization Global Consultant

DNV GL, Norway-based registrar organization partnered with blockchain startup VeChain as a part of expanding an existing working relationship.The companies denied exposing the investment amount, VeChain CEO Sunny Lu informed sources that the companies would continue their partnership. The company utilizes VeChain’s network to store supply chain management data securely. The initiative is the first ever investments in VeChain network, he said. Read more

Fatfish Internet Group, the global venture firm to undertake cryptocurrency mining

51% of APAC Mining Corp is owned by Fatfish Internet Group Ltd. which is lately in news for acquiring an industrial site. The mining corporation has its location in Singapore. However, the location of this industrial site is in the city of Montreal, Canada that will undergo a conversion. A cryptocurrency mining site will be established at this industrial site. Read more

Nebula Genomics, Longenesis partner to establish life data economics with AI and Blockchain

Harvard Medical School startup Nebula Genomics and Longenisis, two giants in artificial intelligence and blockchain technology in the medical field are developing a platform for storing and exchange of genomic data.An announcement was made on May 15 states that they have targeted to launch new research field of “life data economics.” Read more

Regulations on cryptocurrency as virtual assets begins in Thailand officially

2018 begins with a dynamic note in the domain of cryptocurrency in Thailand. The Bank of Thailand issues a circular in February forbidding the banks to provide banking assistance to the crypto companies. The banks have already been ordered not to invest in or sell virtual assets and even provide loans to crypt enthusiasts. Read more

TapJets unveils its plans to accept Cryptocurrencies

TapJets will now be accepting cryptocurrencies for payments. Tapjects new mode of payment allows a query for selection of the right coin.TapJets has an application used in Airline travel. The app has given information that has made the  Litecoin community anxious about its cryptocurrency market. Read more

Enigma to demonstrate blockchain privacy technology ‘Secret Contracts’ at the Consensus 2018

Enigma is a blockchain-based protocol that uses groundbreaking privacy technologies to enable scalable, end-to-end decentralized applications. They are planning to conduct the first public presentation of its privacy oriented, blockchain based protocol on Tuesday at the Consensus 2018 conference. Read more

Amazon introduces Kaleido to simplify the use of blockchain for customers

ConsenSys today announced "Kaleido, a new Blockchain Business Cloud aimed at speeding and simplifying enterprises' journey to using the technology. Kaleido is the first Software-as-a-Service featuring popular Ethereum packages Geth and Quorum, and is offered in collaboration with Amazon Web Services (AWS)." It is available across multiple geographies in AWS marketplace. Read more

iPhone Maker Foxconn leads $7 million Series A investment in Cambridge Blockchain

Cambridge Blockchain announced today, " a Series A equity financing, led by HCM Capital, the venture arm of Foxconn Technology Group."Partech and Digital Currency Group joined HCM in a $7 million first close, including new capital and conversion of outstanding debt. Read more

Thomson Reuters Introduces Cryptocurrency Real Time Rates

Thomson Reuters has unveiled a new Cryptocurrency Real Time Rates data feed. It would display reliable, real-time information from six currencies across significant cryptocurrency trading exchanges paving the way for transparency and efficiency in cryptocurrency markets. Read more

HTC to launch Exodus – a blockchain-powered phone

An Android phone, based on the blockchain, is being developed by HTC. The phone named "Exodus" will host a universal wallet and inbuilt secure hardware for cryptocurrencies and applications powered by distributed ledger technology. Read more

Coinbase Introduces Coinbase Suite of Institutional Products

Adam White, Vice President and General Manager at Coinbase wrote in The Coinbase Blog about the launching of Coinbase Custody in collaboration with SEC-regulated broker-dealer. Read more

IBM collaborates with Veridium to combine crypto with environmental credit trading

Veridium Labs is an environmental fin-tech company that has created the world's first social and ecological impact offset token on the Stellar Blockchain. It has joined hands with IBM to design a blockchain network for keeping track of entities who deal in buying and selling of carbon credits. Read more

Wyoming imposes a bill on cryptocurrency: Utility Token Bill

The cryptocurrency has become such a prevalent notion that it has found itself lurking in the mainstream economy, inducing the government organisations to enforce laws in an attempt to regulate cryptocurrencies.The U.S government enforces two federal agencies, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), to bring regulations to the cryptocurrency ecosystem. Read more


Image via shutterstock