BLOCKCHAIN

We’ll See One or a Handful of Cryptos Win

[ad_1] Blockchain Capital co-founder Gavin Brown said that he expects that there will be only one or a handful of winners when it comes to cryptocurrency. Brown made his remarks during an interview with CNBC published on April 23.During the aforementioned interview, Brown further noted that he thinks the winners — or winner — would earn a lot of value:“These winners would obviously win big.”He further explained that trying to
BLOCKCHAIN

White Paper Writers Can Earn $50K, But Say Startups Often Mislead Investors

[ad_1] White paper writers are earning up to $50,000 per job, according to a Decrypt investigation published on April 22— but the freelancers involved have accused some startups of misleading investors.The writers told the website as part of its two-week investigation that completing a paper can take up to eight months and cost between $1,000 and $50,000, with most of the work found via platforms such as LinkedIn and Upwork. Many of
BLOCKCHAIN

Binance DEX Launches on Native Mainnet Earlier Than Planned, Invites Community Input

[ad_1] Binance, the world’s largest crypto exchange by adjusted volume, has launched its decentralized trading platform (DEX) earlier than planned, according to a press release shared with Cointelegraph on April 23.The move comes just a week after the exchange launched its native blockchain, Binance Chain, which will power the new decentralized platform.While Binance DEX trading is set to go live at an unspecified later date, users can as of today
BLOCKCHAIN

21-Year-Old Jailed for 10 Years After Stealing $7.5M in Crypto By Hacking Cell Phones

[ad_1] A 21-year-old man has been sentenced to 10 years in prison after becoming one of the first people in the United States to be convicted of stealing cryptocurrency by hacking into cell phones. Prosecutors in Santa Clara announced the jail sentence on April 22.In February, Joel Ortiz had pleaded guilty and to theft and accepted the 10-year plea deal.Ortiz stole more than $7.5 million from at least 40 victims: the
BLOCKCHAIN

Blockchain Solutions Spending in Asia/Pacific, Bar Japan, to Hit $2.4 Bln by 2022

[ad_1] Blockchain solutions spending in Asia/Pacific excluding Japan (APEJ) is forecast to hit $2.4 billion by 2022, according to an April 23 report from United States-based market research firm International Data Corporation (IDC).IDC's Worldwide Semiannual Blockchain Spending Guide provides an analysis of spending data from the emerging blockchain sector from a regional, vertical industry, use case, buyer and technology perspective.The report forecasts a sharp uptick in blockchain solutions spending in
BLOCKCHAIN

Coinbase Files to Close Its Political Action Committee

[ad_1] Major United States-based cryptocurrency exchange Coinbase has filed to close its political action committee (PAC) on April 3.According to a filing with the Federal Election Commission (FEC) — the regulatory agency in charge of enforcing election laws — Coinbase’s PAC received no funds nor made any disbursements, and is seeking to terminate the PAC.Per FEC regulations, a PAC must file a termination report in order to cease operations once
BLOCKCHAIN

Early Spotify Investor Contributes to Blockchain Art Registry in $7 Mln Funding Round

[ad_1] The blockchain-based art registry startup Artory has reportedly raised over $7 million in Series A funding round from an early Spotify investor among others. The development was announced by art-focused publication the Art Newspaper on April 22.Artory — ledger of which enables users to trace provenance and title data, as well as record sales of works of art —  has reportedly secured $7.3 million from a group of investors,
BLOCKCHAIN

Crypto Exchange Bittrex Denies Claim of North Korean Users on Its Platform

[ad_1] American cryptocurrency exchange Bittrex has said that claims of North Korean users trading on its platform are false in a tweet on April 22.In the post, Bittrex stated that it had examined two accounts which allegedly belonged to users from North Korea, noting that it had investigated the same accounts back in October 2017. The exchange claims that South Korean residents mistakenly choose North Korea in the country dropdown
BLOCKCHAIN

Major US Health IT Provider HMS Partners With Blockchain Startup Solve.Care

[ad_1] Major health information technology provider for the United States government, HMS Technologies Inc. (HMS) has partnered with blockchain startup Solve.Care. The development was announced in a press release shared with Cointelegraph on April 22.As part of the collaboration, HMS will reportedly integrate Solve.Care’s blockchain platform into their federal health information technology (HIT) initiatives in a bid to reduce government healthcare costs and improve interoperability and accessibility.Bill Kirkpatrick, CEO of
BLOCKCHAIN

Institute Sues Professor for Alleged Blockchain Intellectual Property Violation

[ad_1] The Technion Israel Institute of Technology has filed a civil suit against a faculty member for allegedly establishing of a zero knowledge proof technology company and making use of the knowledge developed by him while working at the institute. The news was published by local media outlet Calcalist on April 22.The Technion has filed a suit against senior lecturer Prof. Eli Ben-Sasson with the Haifa District Court for allegedly