Business

Tezos Rallies Following Coinbase Announcement, Major Tokens Up Slightly

[ad_1] Tuesday, July 30 — Top cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and XRP are all trading slightly up at press time.Market visualization. Source: Coin360Bitcoin has been trading between $9,000 and $10,000 this week, and was showing little action on the day. At press time the coin i sup 2.37% to trade at $9,652.Squawk Box co-host Joe Kernen predicted on July 29 that Bitcoin could hit $55,000 by the next halving
Business

Coinbase VP of Engineering Tim Wagner Steps Down

[ad_1] Tim Wagner, the vice president of engineering at major cryptocurrency platform Coinbase, is reportedly leaving the company.Wagner will purportedly leave Coinbase within the next two weeks, according to a report by CoinDesk on July 30. An unnamed spokesperson for the company is said to have confirmed Wagner’s departure with the news outlet.At press time, Tim Wagner is currently still listed as VP Engineering at Coinbase on LinkedIn profile.Previous roles
Business

Major Indian Trade Organization Speaks Out Against Proposed Crypto Ban

[ad_1] Nasscom, a major Indain trade organization, has said that it is against a blanket ban on cryptocurrencies, which was recently proposed by a governmental panel in the country According to a report by local financial periodical The Economic Times on July 30, Nasscom commented:"Nasscom believes that the recent proposal of the inter-ministerial committee of the government to ban all cryptocurrencies barring those that are backed by the government, is
Business

Coinbase Pro to Begin Supporting Tezos Trading in August

[ad_1] Major cryptocurrency platform Coinbase is onboarding the cryptocurrency Tezos (XTZ) to its professional trading platform, Coinbase Pro.  As per an official announcement, Coinbase Pro will open up inbound XTZ transfers on August 5.As the company has done in the past, Coinbase Pro will ramp up to full XTZ trading in four steps: (1) transfer-only, (2) post-only, (3) limit-only, and finally (4) full trading. Additionally, the exchange will document the
BLOCKCHAIN

Seagate Moving Forward with Blockchain Pilot to Track Hard Drives

[ad_1] American tech giant Seagate has entered the pilot stage of its blockchain project designed to fight counterfeit hard disk drives (HDD), Forbes reported on July 30.This pilot is a part of the joint initiative Seagate and IBM launched last November. The project aims to help manufacturers, integrators and business partners to better authenticate the provenance of HDDs by using IBM’s Blockchain Platform.According to Seagate’s data security research group managing
Business

US Awards Patent for Blockchain-Based Firearm Data Recording System

[ad_1] Two American inventors have won a patent for a blockchain-based recording system for ballistic data. The United States Patent and Trademark Office awarded two inventors — Jason Palazzolo and Kevin Barnes — a patent for a “firearm environmental recording apparatus and system” on July 23.This apparently could include multiple recording devices, including a camera, microphone, and spatial sensor module that can record velocity, spatial measurements and acceleration data. The filing states
EXCHANGES

India’s Apex Tech Body Lambasts Govt’s Proposed Bitcoin Ban

[ad_1] As the Indian government considers banning bitcoin and cryptocurrency trading and holding, Nasscom, the country’s top software, and information technology body has spoken out against the proposal. India Moves to Ban Bitcoin Lately, the press has been aflame with reports that India will ban and criminalize bitcoin and cryptocurrency trading. Earlier last week, an inter-ministerial committee tasked with analyzing virtual currencies suggested that a blanket ban should be instituted.
BLOCKCHAIN

Samsung Galaxy S10 Integrates Pundi X’s Digital Currency Wallet

[ad_1] Smartphones manufacturer Samsung and cryptocurrency payments startup Pundi X’s new cooperation will allow users to integrate the XWallet app to their Samsung Blockchain Wallet.In a blog post published on July 29, Pundi X revealed that it has integrated its cryptocurrency wallet solution into the Samsung’s blockchain ecosystem, thus marking growing adoption of blockchain technology. The post reads:“Samsung Galaxy S10 users can move cryptocurrencies stored in the Samsung Blockchain Wallet
Business

Industry, Government to Review Regulations

[ad_1] In late July of 2019, the New York State Assembly appointed six members to its Digital Currency Task Force, claiming to be the first state-drafted crew across the United States to deal with cryptocurrencies and blockchain. While it is unclear if the influx from Facebook's Libra has hastened the NY legislators to assemble the team, the first reports from the Digital Currency Task Force are expected to arrive not
Business

Ripple Partners With Kyoto University, University of Tokyo for Blockchain Research

[ad_1] Cryptocurrency giant Ripple has partnered with Kyoto University and the University of Tokyo as part of its University Blockchain Research Initiative (UBRI). Ripple announced its new Japanese partnerships in a press release on July 30.Emi Yoshikawa, senior director of global operations at Ripple, noted that there is high interest in blockchain within Japanese academia:“Japan is quickly becoming a leading force in crypto assets and blockchain. The region has always