Day: April 16, 2020

Blockchain in Games Must Add Value Gameplay, Blockdown Panelists Discuss

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April 16 saw the opening of the Blockdown 2020 online blockchain conference. One of the early panel discussions revolved around the use of blockchain in the gaming industry, and how this is likely to develop in the future. One of the biggest misconceptions that many have about blockchain in gaming is that it is limited to the addition of non-fungible tokens which can be traded independently between players. As Sebastien Borget, co-founder of Sandbox developer Pixowl explained, games like CryptoKitties may have popularized the idea of blockchain in gaming, but…

Singapore Court Locks Crypto Exchange KuCoin’s Web Domain

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KuCoin.com, the primary web domain of cryptocurrency exchange KuCoin, has been locked since the end of March by order of the High Court of Singapore. The court issued a temporary injunction on March 24 barring KuCoin from moving its assets, including its website, from the country. A March 30 email from domain registrar GoDaddy provided to Cointelegraph shows that GoDaddy is complying with the court order. How the exchange will cope with its primary web address locked down is one of many unanswered questions about KuCoin as the company undergoes…

EU-Founded Task Force to Study How Blockchain May Help COVID-19 Response

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A blockchain association has partnered with the European Commission and University College London (UCL) to coordinate blockchain solution providers in addressing the coronavirus pandemic. The organization, called the International Association for Trusted Blockchain Applications (INATBA), was founded at the behest of the EU last year. Its current effort brings together various public and private entities in a “COVID Task Force,” the purpose of which is to activate blockchain solutions that could fix some of the indirect challenges of the pandemic. Specifically, the task force will identify enterprise blockchain solutions that…

NEO Founder Says Blockchain is a Remedy in a Post-Pandemic World

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NEO (NEO) founder Da Hongfei appeared at the Blockdown 2020 virtual conference on April 16, where he spoke about blockchain’s role in the post-pandemic world.  The creator of the project dubbed the “Chinese Ethereum” suggested that the world was currently witnessing a pattern of de-globalization. According to Hongfei, blockchain will be the technology that puts humanity back on course to becoming a global community. Hongfei pointed out that blockchain is ideology agnostic, and while different nations may have different financial ideas and concepts, blockchain can be the neutral ground which…

The King of COPY, Binance, Cheated Again

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On April 13th, 2020, Binance announced the news that Binance launched options trading on their mobile App. After testing and comparing, we found that the so-called Binance Options trading looked exactly the same as the Options trading we have seen and tested on BitOffer in October 2019. Whether the appearance or any documents about Binance […] Source Original

Booking.com’s Entrepreneur of the Year Talks Blockchain and Women in Tech

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Booking.com selected Seema Johnson, the co-founder and COO of blockchain-based payments and ID platform Nuggets, as Entrepreneur of the Year in the company’s Technology Playmaker Awards on April 9. The Playmaker Awards were launched by the global travel company in 2017 to recognize the achievements of women in the technology sector. Cointelegraph spoke to Johnson to discuss her work at Nuggets, what the award means to her, and the representation of women in blockchain. Seema Johnson named entrepreneur of the year Johnson expressed pride in having received Booking.com’s award, stating that…

The Digital Yuan Is Being Tested for a Workers’ Subsidies Scheme in Suzhou

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Fresh details have emerged about ongoing trials of China’s digital yuan, specifically its current implementation in Suzhou — a major city in Jiangsu Province. On April 16, reporters for ChinSci-Tech — an innovation board for enterprises and public companies listed on the Shanghai Stock Exchange — revealed that the central bank digital currency is being tested as part of a transport subsidies scheme for local government and enterprise workers. A second official report has today confirmed that the mobile payments app Alipay, run by Alibaba affiliate Ant Financial, contributed to…