Day: September 29, 2019

Æ Ventures’ Blockchain Accelerator Reaches $1.6M in Investments

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Æ Ventures, an investment company providing initial funding, acceleration and advisory support to blockchain projects, announced that it’s Starfleet Accelerator program surpassed $1.6M in investments and opened applications for the third round. Mentoring and funding for blockchain startups Per the press release shared with Cointelegraph on Sept. 26, the third edition of Starfleet Accelerator program takes place in Malta and offers its members mentorship and investment opportunities up to $100,000. The program’s launch is planned for early November and blockchain startups have to apply by Oct. 20. The initiative will…

New Balance to Use Cardano Blockchain to Confirm Product Authenticity

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Cardano CEO Charles Hoskinson announced that New Balance will be using the Cardano blockchain to help authenticate its products. The announcement According to a Sept. 28 article by Crypto Briefing, Charles Hoskinson, CEO of blockchain engineering startup IOHK, announced that American footwear brand New Balance will use the Cardano blockchain to allow its customers to verify the origins of an range of products. Cardano and New Balance are planning to roll out the program globally. However, current plans do not entail using the ADA token during this pilot. Hoskinson reportedly…

Cryptocurrency and Blockchain News From Brazil: Sept. 22-28 in Review

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Brazil has seen another tumultuous week in the cryptocurrency industry as the central bank of Brazil wants to use blockchain technology starting in 2020, the president of Unick Forex continues to claim they pay customers on time, and the Brazilian Securities Commission investigates the alleged fraudulent activities of more crypto-related companies. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Brasil. President of Unick Forex says it pays customers on time  On Sept. 23, Cointelegraph Brasil reported that president of alleged investment…

Massive Ethereum “Ponzi Scheme” FairWin Is Vulnerable, ETH Devs Find

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Ethereum Blocks Filling Up As covered heavily by this outlet over recent weeks, the Ethereum network has been seeing more activity than ever before. In fact, the network has been used so much that miners of ETH recently opted to increase the capacity of blocks by 25% — allowing for more transactions to take place and more processes to be completed every 14-odd seconds. This growth in network activity can be attributed to many things. Firstly, the migration of Tether’s USDT stablecoin onto Ethereum has resulted in a massive increase…