Month: September 2018

Opera Partners With Ledger Capital to Explore Blockchain Applications

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Opera has partnered with blockchain advisory and financial services firm Ledger Capital to explore possible blockchain applications, according to a press release published September 28. Per the announcement, the two companies are looking to investigate applications and use cases of blockchain and how the technology can be deployed within Opera products and its ecosystem. As previously reported, Opera became the first major web browser that included a built-in cryptocurrency wallet. Commenting on the initiative, Charles Hamel, Product Lead of Opera’s crypto wallet, said that “paying with the crypto wallet is…

CoinBase TRX Listing Guarantee Volumes

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Altcoins are finding support with prices edging higher in line with Sep 27 buy attempts. While traders and the larger community retain a bullish outlook thanks to last week’s surges from key support levels, positive fundamentals could prime bulls thrusting them above key resistance levels in Cardano, Litecoin, EOS and Tron. Tron stands a chance for CoinBase addition now that the company has offices in NYC and is working hard for listing at US exchanges. Aside, Feng Li is an early investor in both Tron and CoinBase helping magnify the…

Crypto Accounts for Less Than 1 Percent of Pornhub Purchases

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Canadian adult entertainment giant Pornhub has revealed that less than 1 percent of purchases on the platform are made in cryptocurrencies, Hard Fork reported September 28. Despite the low volume of subscriptions paid with crypto, a Pornhub spokesman told Hard Fork that  “[it] expect[s] to see widespread adoption of crypto[currency] and blockchain on our site in the near future.” Pornhub integrated a cryptocurrency payment option in August through a partnership with crypto payment and billing startup PumaPay. Pornhub is reportedly looking to integrate the Ethereum-based payment processor sometime next year.…

Cryptocurrency Exchanges Were Used to Launder $88 Million Since 2016

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Over 46 cryptocurrency exchanges around the globe assisted criminals in laundering more than $88 million over the past two years, a Wall Street Journal report alleges. Money Laundering Pervasive in Crypto Trading Industry: Report The Journal’s investigation traced funds from over 2,500 wallets that courts flagged for their involvement in criminal activities. The paper partnered with London-based blockchain forensic company Elliptic to trace funds from wallets to exchanges. Also, to identify intermediary portfolios, which could have belonged to crypto exchanges, the Journal downloaded and compared them to the wallet addresses…

US Congressmen Call on SEC for Regulatory Clarity Regarding Cryptocurrencies

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A group of lawmakers from the U.S. Congress has sent a letter to Securities and Exchange Commission (SEC) Chairman Jay Clayton, calling for regulatory clarity regarding cryptocurrencies, CNBC reported September 28. According to CNBC, more than a dozen congressmen asked Clayton to tell investors how the SEC plans to regulate digital currency. The lawmakers requested clarity on the criteria for identifying digital tokens as “investment contracts” and therefore securities, in addition to a  description of the tools the SEC will use to provide more concrete guidance to innovators in the…

AT&T Introduces Suite of Enterprise Blockchain Solutions

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AT&T has introduced a suite of blockchain solutions to allow enterprises in various industries to track and manage information more efficiently, the telecom giant announced on its website. The solutions include technology from Microsoft and IBM and can benefit users in industries ranging from manufacturing to retail and healthcare. The company noted it is combining its “edge to edge” capabilities with distributed ledger technology (DLT). AT&T’s Internet of Things (IoT) solutions provide monitoring and automation capabilities to various business processes. Manufacturing, Retail And Healthcare For manufacturing companies, AT&T’s blockchain solutions can…

Turn your spare change into cryptocurrency with Crumbsapp

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Crumbs, a cryptocurrency trading app announced it’s official launch. Crumbs allow users to roundup spare change from debit and credit card purchases into baskets of cryptocurrencies, in addition to the instant trading of over a dozen cryptocurrencies. Crumbs is a product of Metallicus, Inc after having been acquired earlier this year. Crumbs plans to have a full integration with its parent company’s peer to peer payments app, Metal Pay, which will allow users to instantly transfer cryptocurrency and USD balances from one app to the other. Despite market conditions, Crumbs plans to…

$88.6 Million in Illicit Funds Funneled Through Cryptocurrency Exchanges

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A recent Wall Street Journal investigation has found that $88.6 million in ill-gotten funds have been funneled through 46 cryptocurrency exchanges, the WSJ reported September 28. $9 million of the suspect funds reportedly went through crypto exchange ShapeShift. ShapeShift is a Switzerland-based digital currency exchange that was formed in 2014 by Erik Voorhees. Unlike other trading platforms, ShapeShift allows users to anonymously trade Bitcoin (BTC), which police can track, but can not identify the individual behind the transaction. To conduct its investigation of crypto money laundering, WSJ reportedly developed a…

Europe Must Embrace Blockchain to Avoid “Cybercolonization”

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. On September 27, the EU Competitiveness Council met in Brussels to discuss how to support Europe’s digitization, particularly with regard to artificial intelligence — an area that has tremendous potential, but also faces extreme global competition. AI, of course, runs on data. The unfortunate reality is that U.S. tech companies control and exploit large amounts of European data, in turn monopolizing our digital economy. That’s why I, among 16 other…

Opera Has Built-in Ethereum Support, Browsers to Integrate Web 3.0

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Opera, the fifth most widely utilized browser behind Chrome, Edge, Firefox, and Safari, has added built-in Ethereum support to its desktop app, enabling Web 3.0, an ecosystem that allows users can seamlessly interact with decentralized applications (dApps) and peer-to-peer systems on the blockchain. To utilize Ethereum-based dApps, users are required to have non-custodial wallets like MetaMask to securely send transactions on the mainnet. But, for most casual users, relying on external applications as an additional step towards using dApps could restrict accessibility. As mainstream browsers move towards adding support for…