BLOCKCHAIN

R3 Doubles London Office Size in Anticipation of Growing Branch

[ad_1] New York-based enterprise software firm R3, known for its enterprise blockchain platform Corda, has doubled the size of its London Wall office. Business intelligence firm Mondo Visione reported on the company’s new hiring goals on Aug. 1.According to the report, R3 has increased the size of its London branch as partial accommodation for the company’s intended 85 global hires by the end of 2019. Out of the 85, over
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US Regulator Plans to Outsource Running Cryptocurrency Nodes

[ad_1] A recently published document reveals that the U.S. Securities and Exchange Commission (SEC) has plans to hire contractors to run specific cryptocurrency full nodes for the government agency. According to the SEC documentation, the regulator wants third-party contractors to run nodes for Bitcoin Core (BTC), Ripple (XRP) and Ethereum (ETH) in order to monitor compliance risks. Also read: SEC Begins Green-Lighting Token Offerings Running a Full Bitcoin Node for
BLOCKCHAIN

Blockchain Browser Brave Launches Token Tipping Service for Twitter Users

[ad_1] The blockchain-based decentralized internet browser Brave now allows Twitter users to tip content creators with its native Basic Attention Tokens (BAT).Brave discussed the public launch of its token tipping service in an announcement on Aug. 1, wherein users can reportedly specify the amount they wish to tip a given Twitter account, and the recipient will receive their tip in BAT directly. The announcement also lists a number of features associated
Business

Brazilian Cryptocurrency Brokerage Wins Lawsuit Over Closed Bank Account

[ad_1] Brazil-based cryptocurrency brokerage M Intermediação e Prestação de Serviço Ltda. has won a lawsuit against Banco Bradesco, which was initiated after the bank closed M Intermediação’s account.Cointelegraph Brazil reported the legal victory in a report on August 1. According to the report, M Intermediação uses the Bitcoin network as well as traditional bank accounts to let their users make deposits and withdrawals in both Bitcoin (BTC) and Brazilian reals.The
Business

Square Doubles Bitcoin Revenue, Generating $125 Million via Cash App in Q2

[ad_1] Payments company Square has generated $125 million in Bitcoin (BTC) revenue in the second quarter of 2019 through its mobile payments service Cash App.Square released the information in the company’s Q2 2019 shareholder letter on August 1. According to the letter, the company’s Bitcoin revenue benefited in part from the number one  cryptocurrency’s price rally over the quarter. As a result of this price growth, there was also a
BLOCKCHAIN

NYAG Argues Against Continued Stay of Demands for Bitfinex

[ad_1] The New York Office of the Attorney General (NYAG) has submitted a letter to Justice Joel M. Cohen, arguing that cryptocurrency exchange Bitfinex and affiliated Stablecoin firm Tether should not be granted a continuing stay of demands.The NYAG submitted its letter on August 1 — the latest chapter in the New York Attorney General’s ongoing case against Bitfinex, parent company iFinex and Tether, in which the state alleges a
BLOCKCHAIN

Everton Football Club Signs EToro as Official Online Trading Partner

[ad_1] Everton Football Club of the British Premier League has signed a deal with the crypto-inclusive investment and trading platform eToro. Everton shared news of the partnership in an official announcement on Aug. 1. As per the report, eToro will now be Everton’s “Official Online Trading Partner”, which will offer advertising for the platform via its marketing assets and matches at home stadium Goodison Park. Everton’s commercial director Alan McTavish commented
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Failure to Launch: The LedgerX Controversy

[ad_1] LedgerX CEO, Paul Chou, is really mad and apparently his company is not offering physically-settled Bitcoin futures contracts yet… Failure to Launch On Thursday LedgerX CEO Paul Chou sent out a series of tweets explaining the current LedgerX controversy and his decision to sue the Commodity Futures Trading Commission (CFTC) for what he calls ‘anti-competitive behavior’. Chou alleges that the CFTC asked him to censor LedgerX’s tweets and he
Business

Canadian Transcontinental Railway Joins Blockchain in Transport Alliance

[ad_1] Canada’s transcontinental railway, Canadian Pacific (CP), has joined the Blockchain in Transport Alliance (BiTA). CP announced its new membership in an official press release on July 31.According to the announcement, CP is looking to support improvements in supply chain technology through blockchain technology. BiTA says that by joining the group, CP is helping them to drive global supply chain interoperability.BiTA president Patrick Duffy also commented on the potential benefits
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BitPay Suspends Services in Germany For The Time Being

[ad_1] Citizens of Germany will no longer be able to use BitPay after the payments processor pulled its service on the heels of new BaFin regulations set to go live on January 1, 2020. Nein BitPay On Thursday, cryptocurrency payments processor, BitPay updated a post detailing which countries the company operates in. The ‘Why can’t I use BitPay’s services in my country?’ blog post was amended to:  Currently, BitPay cannot