Official Chinese state run media outlet Xinhua News Agency published an article whose title literally said ‘ Bitcoin is Blockchain’s first successful application.’ China does not seem to want Bitcoin and blockchain technology craze to end anytime soon. Moreover, on Sunday tweeter reports arose claiming; that the state news agency had begun to talk up the most famous cryptocurrency through an article. Although the price of bitcoin was not affected by the news, this article could have a lasting effect on China’s knowledge of bitcoin assets in the coming years. In addition, Mathew Graham of Sino Global Capital shared the

Joseph Lubin, Ethereum’s cofounder is hopeful that China’s Central Bank Digital Currency (CBDC) will enable interoperability with public permissionless blockchains such as Ethereum. Joseph, who is also the founder of Consensys shared his remarks during an interview with Forbes. In the Interview published on Nov 9, Joseph noted:  “I assume it is going to be exactly what Chinese leadership thinks is most beneficial to Chinese leadership. Hopefully that’s also open and we can interoperate with it, but I don’t know.” Lubin added that he was ready to witness further participation of the Chinese blockchain community into the Ethereum ecosystem. He

America is risking being left behind in the race for Crypto supremacy according to Galaxy Digital founder and Hedge Fund Manager Mike Novogratz. At the moment, it is clear to everyone that the momentum on the cryptocurrency industry is all coming from China. While Americans are fumbling on regulatory uncertainities, China is romping ahead with its blockchain and cryptocurrency future. Moreover, several countries especially in Asia have already commenced on research and development of their own state-issued cryptocurrencies. The United States is in danger of being left behind if it does not transition to the digital world.  Novogratz stated that

IDEX (Decentralized Exchange DEX) which is responsible for more than 40% of all DEX transactions reported to creating an infinite scaling solution for the Ethereum network.  IDEX claims that the system nicknamed Optimized Rollups (02Rs) attains block finality within 10 minutes. Additionally, the firm said that this is about 1000 times faster than the Optimistic Rollups (ORs) from the Ethereum scalability development organization, Plasma Group.  The ORs successfully achieve finality in two weeks. Rollup solutions scale via means of moving computation off-chain and further pushing the result towards the network later. Both O2Rs and ORs allow data legitimacy by initiating

Former European Central Bank President Jean Claude Trichet states that Bitcoin lacks the features of currency and is purely speculative. The chief made the remarks during a November 10 Caixin Conference in Beijing. Bitcoin is not the Future of Money Jean noted that he is strongly against the use of bitcoin and expressed doubts in the currency becoming the future of money. In fact, since bitcoin lacks the characteristics of real money, hence: “I am strongly against Bitcoin, and I think we are a little complacent. The currency itself is not real, with the characteristics that a currency must

A partnership between Singapore’s Central Bank State Investment Firm and JPMorgan;  has created the prototype for a multi-currency blockchain payments network. The team innovated the prototype to enable payments   denominated in different currencies to execute in the same network. The Monetary Authority of Singapore (MAS) which is the city state’s de-facto central bank led the innovation alongside US largest bank JPMorgan Chase and State investment firm, Temasek Holdings.  JPMorgan joined the duo as an infrastructure provider for the prototype’s developments, this forms part of the bank’s research project dubbed “ Ubin.;a project that is currently in its fifth phase

Tune.fm Launches Grammy Award-Winning Music Catalog from Advisor  Mathew Knowles’ Label on its Crypto Music Streaming Platform  JAM cryptocurrency is the first token on Hedera Hashgraph  for music streaming micropayments PHILADELPHIA, PA — November 7, 2019 — Tune.fm, the first streaming music platform on the Hedera Hashgraph network that’s designed to help artists earn their fair share, today announced the official availability of Music World Entertainment’s (MWE) music catalog, founded by music mogul and Tune.fm advisory board member Mathew Knowles. Tune.fm  solves a critical music industry problem:  fair and fast payments to artists. The company’s novel pay-as-you-go business model uses

“UAE can become the next Wall Street,” says Nick Spanos at World Blockchain Summit in Dubai Dubai’s third edition of WBS saw more than 50 solution providers from the blockchain and crypto space gather under one roof to stimulate business opportunities through collaborations in the UAE. The summit hosted top speakers such as Suresh Prabhu, Nick Spanos, Mru Patel, Dr. Marwan Alzarouni and Emin Sirer among others. Wednesday, 06 November 2019 (Dubai): It was 30+ hours of unconventional networking at the 13th global edition of World Blockchain Summit in Dubai on 22nd, 23th and 24th October. With the conference floor

Time flies fast these days. It’s halloween and Bitcoin already became 11 years old at this point. Several new innovative blockchain projects popped up along the way. One of them is Byzbit. Byzbit is a tokenized paper mill factory. It uses agricultural waste to produce paper resulting in a cost-efficient and environmentally friendly production. Their native token, the Byzbit Token (BYT), is running on the Ethereum platform and is used for the Byzbit eco-system. Participants in this eco-system use the token for economic exchange of value in a fast and easy way. After having a presale and IEO, the token

Bangkok to Host NEXT BLOCK ASIA 2.0 “Affiliate Marketing in the Age of Crypto” This December NEXT BLOCK ASIA returns to Bangkok for another landmark Crypto and Affiliate industry event on December 3, 2019. The capital of Thailand will become a bustling hub for Affiliate Marketing, Crypto and Fintech experts for the second time this year. The conference will run upon an umbrella theme ‘Affiliate Marketing in the Age of Crypto’ to emphasize the rebirth of the crypto space, affiliate marketing’s role in the industry’s growth, as well as  its impact on financial services and solutions. Over 30 prominent speakers

Cryptoknowmics has recently launched weekly contests for two of its platforms, Crypto Forum and Crypto Blog, along with its own site, Cryptoknowmics.com. These competitions are designed for people who show the maximum engagement on the above-mentioned platforms. Each of these platforms would reward people based on their efforts to drive the overall engagement on these sites. Crypto Forum would pay the top ten active users a collective prize of $100 worth of tokens every week. The criteria for engagement here is the same as that in the Cryptoknowmics platform. The site would require users to comment on the posts and

How Dubai is aiming to become the first blockchain-powered city by 2020 Dubai will harness the expertise of top blockchain and crypto experts to give effect to The Dubai Blockchain Strategy 2020. The World Blockchain Summit global series will create an open platform for startups, investors and solution providers from the blockchain industry to provide solutions that will target sectors such as security services, transportation, healthcare and others.  Monday, 21 October 2019 (Dubai): As one of the leading destinations for innovators and entrepreneurs in the blockchain space, Dubai seems to be nurturing a robust blockchain tech innovation ecosystem by welcoming