Altcoins

Crypto-Collectibles Marketplace OpenSea Partners with Blockchain Video Game Ember Sword

Ember Sword OpenSea, a digital marketplace for non-fungible crypto collectibles, has partnered with blockchain game developer and publisher So Couch Studios to build an in-game marketplace in the studio’s fantasy massively multiplayer online roleplaying game (MMORPG) Ember Sword using the OpenSea infrastructure. The partnership will see the two companies working together to utilize a custom […]

Crypto News

Mass Adoption is Coming: The Biggest US Automaker Turns to Blockchain to Help Save Millions in Identity Theft

General Motors Financial has partnered with blockchain company Spring Labs to help reduce identity theft. It’s a move that could potentially save the car maker millions of dollars in fraud costs. As CCN previously reported, 95% of carmakers expect to use blockchain technology in the next three years, but General Motors is leading the pack. […]

Blockchain

Santander Bank Enters $700 Million Deal to Use IBM Blockchain

According to Cointelegraph, Europe’s Banco Santander and tech behemoth IBM have announced an accord involving the IBM blockchain. The pair signed a $ 700 million USD deal aiming to increase Santander’s technological developments. The news was released yesterday via a press release. IBM Blockchain The deal is a five-year “global technology agreement” that will improve the bank’s […]

Crypto News

Facebook Acquires Blockchain Startup Chainspace

According to financial news outlet Cheddar, Facebook has acquired a blockchain startup called Chainspace. Another move for the tech giant into the cryptocurrency space perhaps? Chainspace Founded by University College London researchers, the Chainspace blockchain describes itself as “a planetary scale smart contracts platform” and is comprised of a “distributed web of blockchains for scalability, speed, […]

Crypto News

Japan Megabanks Kill Joint Blockchain Money Transfer Project, Turn to Their Own Cryptocurrencies

Three of Japan’s biggest banks have canceled a joint project of a blockchain-based peer-to-peer money transfer service. The three so-called Japanese ‘megabanks’, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group, said the joint venture was a duplication of their individual efforts. They thus saw no need to continue, according to the […]

Blockchain

Facebook Moves Closer to ‘FaceCoin’ Acquiring Its First Blockchain Startup

Social media mogul Facebook has made an advance in its blockchain effort by hiring a blockchain startup specializing in smart contracts and facilitating payments.  Facebook ‘Acqui-Hires’ Chainspace According to financial media Cheddar, Facebook has hired a small blockchain company called Chainspace. In Silicon Valley, this move is referred to as an “acqui-hire” and according to the report, four […]

Crypto News

Breaking: Facebook Crypto Project Acquires Blockchain Startup Specializing in Smart Contracts

Facebook’s secretive crypto division has reportedly made its first acquisition, quietly purchasing a blockchain startup that specializes in smart contract development. Citing unnamed sources, financial news outlet Cheddar reports that Facebook acquired Chainspace, a blockchain firm founded by University College London researchers. The Chainspace website describes its project as “a planetary scale smart contracts platform” […]

Blockchain

‘Blockchain’ Being Used by London Rail Company to ‘Incentivize Changes in Passenger Behavior’

DOVU, a startup from London with goals of becoming the world’s leading marketplace for transport data, has reportedly commenced a working relationship with rail company Go-Ahead.  The working relationship has some serious investment interests behind it. DOVU launched two years ago and is backed by both Jaguar Land Rover’s InMotion Ventures and U.K. government-backed fund Creative England. […]

Ethereum

A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain

A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its ERC-20 token Wednesday evening. The project was first unveiled in October as a joint initiative between decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. As stated on the […]

Crypto News

Bitcoin-Hating Ex Starbucks CEO Howard Schultz Mulls US Presidency, Backs Blockchain

Starbucks Chief Executive Howard Schultz is considering a 2020 presidential run as a centrist-independent. REUTERS/David Ryder/File photo Billionaire Howard Schultz ― the bitcoin-bashing former CEO of Starbucks ― is considering running for US president because he’s disgusted with the bitter political gridlock he sees today. Schultz announced on Twitter that he would run as a “centrist independent” because […]

Crypto News

Bitcoin Troll Rips Crypto at Davos: ‘Overhyped’ Blockchain is ‘No Better Than Excel Spreadsheet’

Noted bitcoin-basher Nouriel Roubini was at it again in Davos, claiming that blockchain is no better than an Excel spreadsheet. | Source: Shutterstock By CCN.com: Bitcoin and cryptocurrencies are the mother and father of all bubbles, and blockchain is nothing more than a “fancy database.” That’s what bitcoin-bashing New York University professor Nouriel Roubini said […]