Spanish Renewable Energy Operator to Trace Electricity Generation With Blockchain

Spanish renewable energy company ACCIONA Energía is going to deploy blockchain to trace electricity generation, according to an announcement published Dec. 17. ACCIONA Energía is an international global renewable energy operator, that reportedly produces emission-free energy for over 6 million homes. The company is recognized as one of the largest renewable energy developers, with more than 9,000 MW owned and installed. ACCIONA started the project after it reached an agreement with FlexiDAO, a Barcelona-based startup that offers software tools to electric power companies for digital energy services. With this move,…

JPMorgan Chase Analysts Say Prolonged Crypto Bear Market Is Scaring Off Institutions

Analysts from global investment bank JPMorgan Chase believe that the protracted crypto bear market is driving away institutional investors, Bloomberg reports on Tuesday, Dec. 18. Analysts from JPMorgan, along with global market strategist Nikolaos Panigirtzoglou, have reportedly stated that involvement of institutional investors in Bitcoin (BTC) “appears to be fading.” In a jointly released research note, analysts have concluded that “key flow metrics have downshifted dramatically,” including a decline in the Bitcoin futures market. The experts reportedly noted the decreasing index of open interest (OI) — the amount of open…

Bitcoin Payment Processor Closes Seed Investment Round Backed by Tim Draper

Bitcoin (BTC) payment processor OpenNode has completed a seed investment round with investment from American venture capitalist Tim Draper, according to an announcement on Dec. 18. Founded in April 2018, OpenNode is a multi-layered Bitcoin payment processor for merchants developed by a group of Lightning Network designers and Bitcoin developers, that aims to improve and simplify the use of Bitcoin. Per the announcement, OpenNode has raised funds from Draper and early stage venture capital firm Draper Associates. The startup plans to spend the funds on scaling the team and building…

Wanchain 3.0 Adds Loopring Enabling On-Chain Decentralized Trading

Wanchain Wanchain and Loopring today announced that Loopring, a protocol atop which decentralized exchanges trading platforms can be built, is live on the Wanchain network. Decentralized trading platforms took a hit earlier this year when Zachary Coburn of EtherDelta was charged with offering unregistered securities. The exchange was by and large considered decentralized because all trades took place on the Ethereum mainnet and any token on the Ethereum network could be traded. The essential elements of decentralization were there in that the trades didn’t incur the risk of entrusting funds…

ONEROOT and BXA Announce Global Blockchain Payment Solution

Hosted at ONEROOT’s office in Shanghai, the BXA (Blockchain Exchange Alliance) Press Conference was destined to delight after the partnership announcement that the two companies recently made. The announcement saw BXA become the majority shareholder of ONEROOT and ONEROOT gain shares in BXA to form a solid partnership that will provide a solid base for the two companies infrastructure development plans. advertisement BXA is already valued at billions of dollars since it is the controlling shareholder of Bithumb – the largest decentralized exchange in South Korea. The company’s investment has…

Gaming Giant Atari to Launch ‘Blockchain Versions’ of Two Popular Games

Major gaming company Atari has entered into a license agreement with blockchain startup Animoca Brands to make blockchain versions of two popular mobile games. The news was announced in a press release published Dec. 18. Atari — famous for being the developer of video games such as Tetris and Pac Man — says the rights agreement allows Animoca to produce and publish blockchain versions of Atari mobile games “RollerCoaster Tycoon Touch” and “Goon Squad” globally, excluding China, Hong Kong, Taiwan and Macau. RollerCoaster Tycoon Touch, the press release claims, has…

Russian Region Conducts Blockchain Election With 40K Participants

Saratov Oblast, a region in Southern Russia, has conducted a reportedly successful blockchain election with 40,000 participants, according to a press release shared with Cointelegraph Dec. 18. On Dec. 12, participants voted to elect members of the local Youth Parliament via the blockchain-driven electronic polling system Polys, developed by Kaspersky Lab in 2017. According to the press release, the decentralized network was deployed at 110 polling stations and the election lasted seven hours. Blockchain-driven voting mechanisms are being actively tested on both the regional and national levels in many countries.…

What We Know About Trump’s New Chief Of Staff

United States President Donald Trump has appointed vocal Bitcoin supporter Mick Mulvaney as the new White House chief of staff. The 51-year-old politician, who is currently serving Trump’s administration as the director of the Office of Management and Budget (OMB), will become the acting chief of staff closer to the end of the year. The length of his tenure remains unknown at the time. Here’s what you should know about the new White House representative, and what it might mean for the crypto community. From ‘horrible human being’ to golf…

Binance Labs Launches 8 Blockchain Startups

Ella Zhang, Head of Binance Labs Binance Labs recently announced the launch of eight projects which have been incubated over the course of the last few months. The San Francisco chapter of Binance Labs ended its ten-week Incubation Program which focused on providing guidance, mentorship, and resources to each project. Over 500 project teams applied for the program, and after an intensive review process, eight were selected and granted $500,000 each. The projects also received access to fireside talks from industry leaders including Binance CEO Changpeng Zhao. Ella Zhang, the head of…

As Asia Gets Blockstream Satellite Support, Bitcoin Bides Its Strength

As Asia Gets Blockstream Satellite Support, Bitcoin Bides Its Strength December 18, 2018 by William Peaster Bitcoin innovation company Blockstream started the week off with a bang in announcing the second-phase launch of its Blockstream Satellite campaign. The move expanded Bitcoin network coverage via satellite to Asia and the wider Pacific region. In the process, the genesis cryptocurrency has taken another step toward sovereignty.  Also see: IOHK May Pivot Mantis Ethereum Classic Team in 2019 Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts As Blockstream Satellite Expands…