Day: February 12, 2019

Payment Processor Netpay to Integrate Blockchain-Based Tool: Report

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Major global online payments firm Netpay International has partnered with Israeli firm BNC LedgerTech to integrate blockchain into its services, Finance Magnates reported on Feb. 12. Netpay International will reportedly become the fourth fintech firm to use BNC LedgerTech’s digital, blockchain-based banking solution “Ubanker.” By using the blockchain-based tool, Netpay International will reportedly cut operation costs. According to the report, BNC LedgerTech charges a fixed minimum fee, whereas banks generally charge a percentage of the total transferred amount. According to Finance Magnates, Ubanker complies with European Union central bank regulations,…

Bitmain S15 Firmware “Very Buggy”, Will This Claim Affect BTC Prices?

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Bitcoin prices bullish, road to $3,800 A Twitter user picks out a Bitmain S15 vulnerability Transactional volumes low, expansion above 35 k ideal Although Bitmain is a central player in the ASIC mining sphere, their latest firmware S15 has a weakness, a Twitter user has revealed. Luckily, BTC prices are steady, and with a combination of favorable candlestick arrangements and fundamentals, Bitcoin may end up trending above $3,800. Bitcoin Price Analysis Fundamentals A Twitter user claims to have identified a possible vulnerability in Bitmain’s S15 firmware. However, he has his…

‘Biggest Names in the Collectibles Space’ to Attend NYC Event on Non-Fungible Tokens

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Non-fungible tokens (NFTs) have been generating a buzz in the crypto world for some time — and now, a conference is being established where enthusiasts and entrepreneurs can delve deeper into these digital assets, exploring the latest trends and uncovering new opportunities in the market. NFT NYC is taking place on Wednesday, Feb. 20 at the PlayStation Theater in New York City’s Times Square, and organizers say more than 50 speakers have accepted invitations to share their insights. In describing what the event sets out to achieve, the objective is…

Former Mt. Gox CEO Mark Karpeles Rejects Brock Pierce’s Plans to Reboot Exchange

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Mark Karpeles — the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has refuted controversial crypto figure Brock Pierce’s claims he can reboot the trading platform and accelerate compensation for Mr. Gox’s creditors. Karpeles made his remarks in private correspondence with Cointelegraph Japan on Feb. 12. As reported, Pierce — a crypto entrepreneur who co-founded Blockchain Capital, Block.one and EOS Alliance — is attempting to galvanize a “GoxRising” movement, purporting that creditor recovery would be speedier if certain legal and technical barriers were to be overcome. The…

Blockchain in healthcare market is Expected to Reach $890.5 Million by 2023 due to Increasing Number of Partnerships and Collaborations

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The blockchain in healthcare market is expected to reach $890.5 million by 2023. A growth that is primarily attributed to stringent regulations for safeguarding consumer data, increasing funding and investments in the blockchain arena. The adoption of blockchain technology in the healthcare and pharmaceutical industries is also attributing to the growth. advertisement The blockchain in healthcare market is categorized into clinical data applications. Among these applications, the market for clinical data exchange and interoperability is expected to reach more than $400.0 million by 2023. Blockchain technology can potentially transform the…

Take Two: Ethereum Is Getting Ready for the Constantinople Hard Fork Redo

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If at first you don’t succeed, try try again. Such are the words of wisdom that have been taken to heart by ethereum core developers ever since a vulnerability in the network’s code was discovered just 48 hours before the code was set to be deployed. The network upgrade dubbed Constantinople would have introduced a series of backward-incompatible changes – also known as a hard fork – to the world’s second largest cryptocurrency by market capitalization. Yet the bug discovered led to a delay, followed by a plan to try once…

EUIPO Launches Forum on Using Blockchain for Counterfeiting

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About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), partner at ICO services collective CryptoAsset Design Group ($500m+ and 50+ ICOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startupsand has written over 1500 articles on Blockchain technology andstartups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat Ad honorem – Honorary Ph.d –…

Blockchain Intelligence Firm Chainalysis Raises $30 Million From Accel, Others

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New York-based blockchain intelligence firm Chainalysis has raised $30 million in a Series B funding round led by venture capital giant Accel, the company confirmed in a post on Feb. 12. The fresh funding will reportedly be used to expand Chainalysis’ corporate operations, which include a proprietary Know Your Customer (KYC) product that allows financial institutions and digital asset trading platforms to vet and verify the identity of their clients. The firm reports that the latest funding round was led by Accel, “with participation from existing investors.” Chainalysis reports that…

Ripple, Mastercard and Barclays Invest in Ripple-Based Remittance Firm SendFriend

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Remittance company SendFriend has received investments from Ripple (XRP), the Mastercard Foundation, MIT Media Lab and Barclays in a funding round, according to a press release published on Feb. 11. In the round, the firm raised $1.7 million from investors — also including Techstars, Mahindra Finance, 2020 Ventures and 8 Decimal Capital — to develop its remittance service, which lets users send money to the Philippines using blockchain. SendFriend uses Ripple’s xRapid product for cross-border payments, converting between USD, XRP and Philippine pesos and circumventing the longer process of traditional…

Cargo Shipping Firm to Use Blockchain in Port Logistics

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Russian shipping logistics company Infotech Baltika will develop a blockchain-based system for the ports in which it operates, Russian maritime news outlet Morvesti reported on Feb. 11. To develop the blockchain-based solution, dubbed Edge.Port, the firm has partnered with Moscow-based blockchain startup Iconic. The network will reportedly allow participants in port activity to store all necessary documentation on a blockchain. According to Morvesti, all services in port, including vessel parking and tug boat rentals, can be ordered and tracked online via the system, without time-consuming paperwork. Infotech Baltika told the…