On August 24, INX launched a tokenized initial public offering or IPO which was cleared by the SEC. The company describes its mission as bringing “regulated digital asset opportunities to institutions and retail investors”. The following day, several crypto influencers tweeted what appeared to be promotional statements about the company and its token. Stefan Jespers, known as WhalePanda on Twitter, compared the INX token to Binance’s BNB: Source: Twitter. A similar sentiment was voiced by Jameson Lopp, the CTO of Casa and a self-proclaimed cypherpunk: Both Jespers and Lopp are considered…
Day: August 25, 2020
US Rep. Darren Soto is excited about the recent USPS blockchain voting patent
The United States Postal Service, or USPS, recently filed a patent for a mail-in voting system that utilizes Blockchain and other technologies for verification. Responding to an inquiry from Cointelegraph, U.S. Representative for Florida’s 9th district, Darren Soto, voiced his excitement about this prospective development. “I think it’s a great idea,” Soto told Cointelegraph. “I’m real excited that the post office is working on this issue,” he explained. “It’s something that was a pleasant surprise for many in congress,” the congressman added, noting the necessity of patent filing in line…
John McAfee Clarifies He Is Still Part of Ghost’s Ecosystem
Several days ago, technology pioneer and crypto advocate John McAfee departed his own privacy-focused asset, Ghost. He has since clarified, however, that he did not leave the endeavor entirely. “I have not abandoned the Ghost privacy ecosystem, only the GHOST privacy coin,” McAfee told Cointelegraph in an email following his exit. “The ecosystem is centered on our Ghost cell phone service,” he explained, noting that the service will continue. McAfee seemingly left the endeavor in a huff on Aug. 19, stating “I am abandoning the the Ghost project” His tweet…
Australian exchanges delist privacy coins amid Chainalysis integration
Pressured by external forces, two Australian exchanges have begun to delist a number of privacy coins including Monero (XMR) and Bytecoin (BCN). On August 24, YouTuber Alex Saunders tweeted a screenshot of what appears to be an announcement from the Australian exchange, Coinspot. This announcement seemed to suggest that several privacy coins were going to be delisted by August 31: Source: Twitter. Another Twitter user alleged that CoinSpot was not the only one planning to delist privacy coins, claiming that Swiftx, another Australian exchange, was planning to do the same. On…
Blockchain tech’s multipurpose role in driving global advancement
Since the advent of blockchain technology in 2008, we have seen an ongoing sense of fortune, and several industries have been, and still are, grateful participants. The enormous boom will undoubtedly cause many other businesses to come aboard this train and completely step up their operations. Food industry Blockchain tech in the food industry will make the process of food production, distribution and storage completely transparent. The decentralized ledger system will provide easy access to vital information about the food product you are buying, from when it was grown to…
Book review of Don Tapscott’s collaborative ‘Supply Chain Revolution’
Author Don Tapscott’s latest book Supply Chain Revolution highlights opportunities for transformation that blockchain can bring to what the book calls a $50 trillion supply chain industry issue. Tapscott, who is also co-founder of the Blockchain Research Institute, told Cointelegraph that Supply Chain Revolution is the second book in the series being produced by the BRI, noting that over 100 companies agreed to make their research publicly available to interested readers. While the first book in the series introduced blockchain technology as a whole, the second and third books go…
Apple (AAPL) Shares Price Over $500 Ahead of 4-for-1 Stock Split
Apple (APPL) shares kept rising and on August 24, the stock gained for the fifth straight trading session after Morgan Stanley analyst Katy Huberty expressed an increasingly bullish view on Apple’s prospects. Apple Inc (NASDAQ: APPL) shares keep rising. On August 24, the stock gained for the fifth straight trading session after Morgan Stanley analyst Katy Huberty predicted an increasingly bullish view of Apple’s prospects. The Morgan Stanley analyst raised the price target for AAPL stock to $520 from $431 in a note to clients. This new target is the…