Chinese Insurance Firms are use Blockchain Technology to Process Coronavirus Claims

Chinese local news outlet, the South China Morning Post reported on Sunday February 9 that Insurance firms in China are using the Blockchain to manage Coronavirus-related claims. The report said that Chinese online mutual aid platform Xiang Hu Bao added…

Mercedes to use Blockchain to track Carbon Emissions in Cobalt Supply Chains

Major car manufacturer Mercedes Benz and Blockchain startup Circulor have joined forces to roll out a pilot for tracing carbon emissions in the cobalt supply chain. According to a press release on Jan 30, this partnership will be part of…

Singer Akon says his Akoin Crypto city will Launch in 2025

Music mogul Akon tweeted yesterday that he had just sealed an agreement to get his AKON CITY ambition off the ground. The “Lonely” and “Locked up” hit maker who was partly responsible for giving the world Lady Gaga revealed his…

US-Iran Tensions Push Up Bitcoin Price

The Bitcoin price went into the near year staggering around the $7,500 mark. This has changed barely a week into the New Year with price retaking the $8,000 mark then pushing above the 200 day moving average for the first…

Turkey Announces Plans to unveil Blockchain Infrastructure

Turkey just announced plans for the establishment of national Blockchain infrastructure geared at utilizing distributed ledger technology (DLT), in public administration. Blockchain and DLT a priority The country’s ministry of industry and technology set out its vision during its Strategy…

4 Countries that are Strongly Against Facebook’s Libra

Different governments around the world were unsettled after American social media giant Facebook announced a permissioned Blockchain digital currency, named Libra. This proposed digital currency that is reportedly backed by a number of major national currencies, did not excite financial…

A prominent economist and Wall Street veteran recommends Bitcoin hedge as a strategy against a global economic slowdown

Raoul Pal, a prominent economist and Wall Street veteran who was with Goldman Sachs earlier has recommend Bitcoin hedge as a strategy against the impending global economic slowdown.

Bittrex Launches New Middle East Crypto Platform Following Partnership

A digital asset trading platform is set to launch in the Middle East and North Africa (MENA) thanks to a recently announced partnership between custodian provider Rain management WLL, and Bahrain based crypto exchange Bittrex. According to a press release,…

Chileans Set to Pay Crypto Taxes in 2019

Taxpayers in Chile are reportedly going to have to pay taxes on crypto-currency earnings this year since the country’s internal revenue body  (Servicio de Impuestos Internos, SII) has included a section for crypto assets on THEtaxpayer’s annual income tax returns…

Breaking: CoinCheck to commence operations as a licensed exchange after years of setbacks and delays

It’s the beginning of a new era for the Japanese based crypto exchange CoinCheck after the Kanto Financial Bureau, the country’s overseeing regulator granted it the license to operate as one. Until the close of last year, the Crypto exchange…