Business

Prosecutors Drop Appeal Against Mt. Gox CEO’s Embezzlement Acquittal

[ad_1] Japanese prosecutors have reportedly dropped their appeal to the acquittal of former Mt. Gox CEO Mark Karpeles, The Mainichi reports on March 29.On March 15, the CEO of the now defunct Mt. Gox cryptocurrency exchange was acquitted of charges of embezzlement, but was found guilty of tampering with financial records.According to The Mainichi, prosecutors had initially sought to appeal the acquittal on embezzlement charges, but subsequently decided to let
EXCHANGES

How Nuo is Pushing Decentralized Finance Forward

[ad_1] Decentralized Finance (DeFi) has quickly become a popular application of blockchain technology. And with continued crypto asset adoption, this trend appears poised to continue. By the end of 2018, there were 35 million unique crypto market participants. In 2017, this number was just 18 million – translating to a 94% increase in one year. This accelerated growth suggests that the distributed, immutable, transparent nature of blockchain is increasingly attractive
Business

IOHK Founder Charles Hoskinson Says Crypto Industry Needs More Interoperability

[ad_1] Charles Hoskinson, a founder of IOHK, the firm that developed cryptocurrency Cardano (ADA), said that the cryptocurrency industry needs a “WiFi or Bluetooth moment” in an interview with media outlet Cheddar on March 28.Speaking about the status of the cryptocurrency industry, Hoskinson said that it needs specific standards that will facilitate the development of more interoperability. Per Hoskinson, it will allow communication and information to be traded in an
Business

Ontario Town Approves Pilot Program for Paying Property Taxes With Bitcoin

[ad_1] The Ontario town of Innisfil, Canada, is now running a pilot program which will enable residents to pay property taxes with cryptocurrencies. The Innisfil Council voted to approve the program on March 27.Per the CBC, Innisfil, in partnership with cryptocurrency payment processing project Coinberry Pay, will allow its residents to pay property taxes in Bitcoin (BTC), wherein the latter will convert cryptocurrency to Canadian dollars and transfer payments to
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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

[ad_1] By Bitcoin Schmitcoin Copyedit by Ashley Lachance Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears: Figure 1: BTC-USD, Daily Candles, Fourth
BLOCKCHAIN

Russian Mining Giant to Tokenize Palladium

[ad_1] Russian billionaire Vladimir Potanin is planning to create cryptocurrency tokens backed by palladium, Bloomberg reported on March 27.Potanin — who is CEO of the Russian nickel and palladium mining and smelting company MMC Norilsk Nickel PJSC (Nornickel) — plans to deploy cryptocurrency tokens for trading palladium through a Switzerland-based palladium fund, and wants to launch several digital platforms.According to Bloomberg, the platform will enable more fluid transactions. Currently, should
Business

Crypto Gift Cards Can Now Be Used For Reservations on Airbnb

[ad_1] Digital gift cards and mobile phone refill provider Bitrefill has added an option to make Airbnb reservations with cryptocurrency, Bitrefill announced in al tweet on March 27.Per the announcement, customers can now pay for their bookings with Bitcoin (BTC), Ethereum (ETH), Dash (DASH), Litecoin (LTC), and Dogecoin (DOGE). The card is technically a voucher product, meaning that customers purchase a U.S. dollar equivalent for Airbnb with cryptocurrencies and subsequently
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New Bitcoinpython Node Is 100X Faster Than Previous Python Libraries

[ad_1] On March 27, Bitcoin Cash (BCH) fans were introduced to a new BCH full node written in the Python programming language. The project, known as Bitcoinpython, is a modern BCH library whose creator claims it to be the fastest available Python implementation with 100X the speed of its closest competitor. Also read: Menu.cash Allows Diners to Create Table-Specific Orders and Pay With BCH Bitcoinpython: A Fast Bitcoin Cash Full
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These Investors Are Betting Big on the Future of Blockchain Gaming

[ad_1] Supply chain, trade finance and digital identity have all been touted as potential “killer apps” for blockchain. Blockchain solutions in each of these areas continue to attract significant investment. However, there is one use case for blockchain which has the potential to trump all others – gaming. Gaming is already a double-digit growth sector, with a global market value of nearly $135 billion in 2018. Fortnite is currently one
BLOCKCHAIN

India to Use Blockchain to Improve Coffee Supply Chain

[ad_1] The Coffee Board of India has launched a pilot blockchain-based e-marketplace in order to integrate coffee farmers with markets. The development was announced by Indian Ministry of Commerce and Industry (MCI) on March 28.The Coffee Board — an organization backed by the MCI to promote coffee production in India —  has rolled out an e-marketplace for coffee producers in order to reduce the number of intermediaries between coffee growers