CRYPTO WORLD

Telegram finally releases code for its $1.7 billion TON blockchain

Telegram’s blockchain project, TON, has entered the last preparation stage before going live.

The code for running a blockchain node was released on the test network portal late Friday.

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Binance funds 40 developers to build open-source crypto software

Malta-based crypto exchange Binance wants to spur greater research in open-source blockchain development.

To that end, the exchange unveiled Binance X on Thursday, announcing that it was funding more than 40 developers conducting research into open-source crypto software.

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94,505 bitcoin transaction

A massive 94,505 bitcoin transaction made crypto headlines as investors and investigators speculated from whence the BTC came.

The wallet, first accessed late on September 5, 2019, has been involved in only seven transactions including the massive whale move.

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Dapp data site DappRadar raises $2.33 million from Naspers

Led by Naspers, Blockchain.com Ventures, and Angel Invest Berlin, dapp data analysis and discovery tool DappRadar announced yesterday the closing of a $2.33 million seeding round. The company said it will use the funds for R&D and to add new services to its site.

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Bitcoin has been profitable for 98.66% of its history

Bitcoin holders have made easier profits than traders who buy and sell it consecutively, according to data provided by Rhythm Trader.

The prominent cryptocurrency analyst found that bitcoin has been profitable for 3,817 days out of 3,869 days of its existence.

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IBM launches blockchain for supplier networks

IBM and Chainyard have launched a blockchain network, Trust Your Supplier, designed to improve supplier qualification, validation, on-boarding and life cycle information management.

Founding participants are: Anheuser-Busch InBev, Cisco, GlaxoSmithKline, Lenovo, Nokia, Schneider Electric and Vodafone.

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IBM Files Patent for a Blockchain-Based Web Browser

A new patent application from IBM describes a blockchain-based web browser.

Published on August 6 by the United States Patent and Trademark Office, IBM’s patent is for a web browser backed by a peer-to-peer network.

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Exit scams swindled $3.1 billion from crypto investors in 2019

Cryptocurrency crime made good money last quarter, although less than in the first quarter of 2019.

According to an initial release of CipherTrace’s Q2 2019 Cryptocurrency Anti-Money Laundering Report to CoinDesk, aggregate crypto losses reached $4.3 billion this year.

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A leading Japanese broker to join Libra Association

A leading online brokerage company in Japan, Monex Group, wants to become a part of Facebooks’ Libra project. The broker applied to become a node operator.

Oki Matsumoto, the president of the Group, announced the decision during the company’s regular meeting devoted to the results of Q2.

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European electronics retailer to accept crypto payments via UTrust

Phone House, a European electronics retailer and telecom provider, has teamed up with UTtrust, a cryptocurrency payment solution, to offer crypto payments to its customers.

UTrust, based in Switzerland, went live earlier in 2019 when football club Benfica enlisted its services to accept cryptocurrency payments.

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200-Year-Old Passport Printing Firm Launches Hardware Crypo Wallet

An Austrian printing company that has history going back to the early 1800s has launched a cryptocurrency storage device.

The new hardware wallet comes from YOUNIQX Identity, a subsidiary of the Vienna-based Austrian State Printing House (Oesterreichische Staatsdruckerei or OeSD) – a secure printing firm which is now the country’s high-tech passport maker and provider of other secure identity solutions.

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Privacy-Focused Coin Zcash Forks Into New Blockchain Network Ycash

Privacy-focused digital currency Zcash (ZEC) has forked into a new blockchain network dubbed Ycash, whose total supply amounts to 21 million coins.

According to a tweet by the Ycash Foundation, the first block of Ycash was mined today, July 19, at 7:36:51 PM PDT.

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KPGM to Work With Microsoft, Tomia and R3 on Blockchain Telecom Solutions

Business advisory firm KPGM has partnered with tech companies Tomia, Microsoft and R3 to create a blockchain-based settlements solution for the telecom industry, in anticipation of 5G network services.

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BitTorrent, Tron Launch Crypto-Powered ‘Speed’ Downloading Software

Peer-to-peer torrent client BitTorrent has launched its downloads optimization software, BitTorrent Speed, with native token functionality. The news was revealed in an official press release.

As reported, Bittorrent launched a native Tron blockchain-based token, BitTorrent (BTT), at the start of this year, having revealed plans to evolve a tokenized content platform that would enable users to optimize their network speed and attain faster downloads.

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Blockchain supply chain market to reach over $9B by 2025

The global blockchain supply chain market is expected to reach over $9 billion by 2025, according to a study published by market research and consulting firm Allied Market Research (AMR) on July 8.

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Bitfinex to Use 27% of Tokinex Revenue to Burn LEO Tokens

Bitfinex cryptocurrency exchange announced that it will spend 27% of past and future Tokinex revenue on burning LEO tokens, according to an official blog post on July 8.

Bitfinex unveiled LEO in May as the native utility token for its initial exchange offering (IEO) platform Tokinex.

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China’s Central Bank Developing Own Digital Currency in Response to Libra

China’s central bank is reportedly developing its own digital currency in response to Facebook’s Libra as the latter could purportedly pose a risk to the country’s financial system, the South China Morning Post reported on July 8.

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Bing ban for 500,000 cryptocurrency ads

Microsoft’s internet browser Bing blocked more than 5 million cryptocurrency ads last year.

The data was revealed in Microsoft’s annual review of advertising quality.

Microsoft explained that digital advertising is a powerful and open channel.

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Facebook’s cryptocurrency partners revealed

Facebook has been quietly building out its cryptocurrency for over a year, and it looks like that time has been well spent, enlisting the support of some of the most prominent companies across payments, retail, and technology.

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Crypto exchange Bittrex to block US users from trading in 32 cryptos

Cryptocurrency exchange Bittrex announced that it will block its United States-based users from trading in 32 cryptocurrencies. The exchange revealed the news in a post on its blog on June 7.

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