November 23, 2018

‘Big Four’ Auditor EY to Hire 2K Employees to Develop in Blockchain, AI

November 23, 2018 boss

“Big Four” auditor Ernst & Young (EY) will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. The news was first reported by English-language, Indian news outlet The Economic Times and posted to EY India’s official Twitter Nov. 23. According to the Times, EY will be recruiting the new talent over the next three years, in parallel to its global plans to invest $1 billion in “new technologies, client services, innovation and the EY ecosystem” over a two fiscal…

‘Big Four’ Auditor EY to Hire 2K Employees to Develop in Blockchain, AI

November 23, 2018 boss

At Least 12 $50 Million+ ICOs Still Haven’t Launched Tokens, Says BitMEX Research

November 23, 2018 boss

At least twelve Initial Coin Offering (ICO) projects that raised over $50 million in their token sales have yet to launch, new data by cryptocurrency trading platform BitMEX revealed Nov. 21. In a mailing list circular, CEO Arthur Hayes identified well-known projects such as Telegram, Filecoin and Overstock’s tZero among the twelve big ticket ICOs still yet to determine when exactly their native token will go live. “These deals have massive valuations, and many of the most venerated token funds took down large chunks. It is unclear when, if ever,…

Bitcoin Price Eyes Double Bottom Reversal After $4K Defense

November 23, 2018 boss

Bitcoin’s defense of key long-term support for the second time in four days is a positive sign for a potential recovery rally. The leading cryptocurrency by market value fell below $4,242 (low of Wednesday’s inside-day candle) in the Asian trading hours, putting the bears back into the driver’s seat. As a result, BTC fell below the 200-week exponential moving average (EMA) of $4,182 earlier today. The breach of the EMA support, however, may have trapped the bears on the wrong side of the market, as BTC is currently trading at…

From Food to Factories, Blockchain Startup Says Digitizing Assets Can Transform the World

November 23, 2018 boss

A startup says the tokenization of assets represents the next big milestone for blockchain technology – and is creating a platform that’s going to enable individuals and businesses to digitize real-world items. According to IDA, its infrastructure helps to solve a dilemma facing the world today: an effective link between physical and digital economies. The company says digitizing assets can help strengthen rights of ownership, allow everyone to track resources and prevent waste, and create a tamperproof record of transactions. In its white paper, the company has set out why…

Bitcoin Could Hit $15-20K by End of 2019

November 23, 2018 boss

The Chief Commercial Officer (COO) of global crypto payment processor BitPay has ventured that Bitcoin (BTC) will hit $15,000 to $20,000 by the end of 2019. The COO, Sonny Singh, made his forecast during an interview with Bloomberg Nov. 22. In the midst of a bearish market picture – with Bitcoin down over 32 percent in value on the month – Singh said that he expects the next big price action to come when mainstream financial sector giants such as Fidelity and Intercontinental Exchange (ICE) start to launch their crypto-based…

Russia Considers Blockchain Education Solution for Grad Exams

November 23, 2018 boss

Russia Considers Blockchain Education Solution for Grad Exams November 23, 2018 by Vladimir Litvinov Russia is considering a blockchain education solution as a replacement for the nation’s controversial system of secondary school graduation exams. If actualized, the use case would be a novel one. Also read: RACB Will Offer Insurance Services For Russian Blockchain Companies Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Open Data for Later Analysis The idea comes from Boris Chernyshov, deputy head of the education and science committee at the State Duma, the…

4,000 Tobacco Shops in France will Sell Bitcoin from 2019

November 23, 2018 boss

It is expected that cryptocurrency adoption will receive a new push in France next year. Tobacco federation, the Fédération des Buralistes, has received a permission to sell Bitcoin starting from January 1, 2019. Tobacco shops in France have always been offering lottery tickets and cigarettes and now they are expanding their offering by establishing a partnership with Keplerk, cryptocurrency wallet provider based in France. Cooperation with Keplerk In the framework of the cooperation with Keplerk, from the very beginning of the next year, approximately 4,000 small tobacco shops will start…

Celebrity Appearance App Set to Reshape Entertainment Industry

November 23, 2018 boss

Celebrity Appearance App Set to Reshape Entertainment Industry November 23, 2018 by Akshay Makadiya A new Ethereum-based celebrity booking platform aims to connect event organizers directly with artists, cutting out intermediaries and their fees. The Sydney-based startup hopes the platform will become a game-changer for entertainers and event organizers alike. Also read: Bakkt Delays Launch As Crypto Markets Crash to New 2018 Lows Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Interact Directly With Celebrities Launched yesterday, the blockchain application dubbed the Associated Celebrity Talent App (A.C.T.A)…

Gibraltar Stock Exchange’s Blockchain Platform Secures Licence From Financial Regulator

November 23, 2018 boss

The Gibraltar Blockchain Exchange (GBX) has secured a license from the Gibraltar Financial Services Commission (GFSC), according to a company blog post Nov. 22. The GBX was established in July of this year by the Gibraltar Stock Exchange (GSX). The platform first announced its blockchain trading platform in November 2017, aiming to “become the world’s first nationally regulated digital asset marketplace and ecosystem.” “As from 21st November 2018, the GBX will operate as a fully licenced provider of Distributed Ledger Technology (DLT), regulated by the Gibraltar Financial Services Commission under…