Crypto News

Apple Lays Off 200 ‘Project Titan’ Employees – Is the Tech Giant Giving Up on the Autonomous ‘Apple Car’?

Apple CEO Tim Cook speaks at the Anti-Defamation League’s “Never is Now” summit in New York City, New York, U.S., December 3, 2018. REUTERS/Brendan McDermid From CCN: Apple’s self-driving car initiative, Project Titan, has laid off more than 200 employees this week, CNBC reports. The business news channel also reported that some Apple employees will […]

Altcoins

Brazil’s New President Jair Bolsonaro Shuts Down ‘Indigenous Cryptocurrency’ Project

Brazilian President Jair M. Bolsonaro has recently revealed through social media his administration has shut down a project that would see Brazil launch an “indigenous cryptocurrency.” The revelation came as he was criticizing the “BNDES black box” referring to contracts associated with the National Bank for Economic and Social Development, a federal public company associated […]

Ethereum

Ethereum Miner Linzhi Calls Out Project Coders for Proposed ASIC Ban

Shenzhen-based miner manufacturer Linzhi has published a statement in response to a “tentative” decision, made by ethereum developers Friday, to block specialized hardware, or ASICs, from securing the platform in exchange for rewards. This would involve the implementation of “ProgPoW” in an upcoming upgrade, a code change that is optimized for graphic card, or GPU, hardware. […]

Bitcoin

Why This Billionaire Investor is Betting on a Project Bringing Bitcoin Payments to Starbucks

Billionaire investor and all-round cryptocurrency advocate Tim Draper has recently announced that he has invested in a Bitcoin payment processing platform. OpenNode aims to make it easier for regular companies to accept payments using Bitcoin. Draper backed the company through his own firm, Draper Associates, to the tune of $ 1.25 million. The long-time Bitcoin […]

Crypto News

South Korean Tech Giant Kakao Invests in Blockchain Project Orbs

Advertisement Israeli hybrid blockchain platform Orbs has announced that it is entering an investment partnership with the venture arm of South Korean internet group Kakao. Created to serve as a pioneering public blockchain system offering unprecedented flexibility and utility, Orbs permits business dApp developers to deploy over a highly secure and liquid network that comes […]

Crypto News

Global Charity Oxfam Launches Blockchain Project to Empower Cambodian Rice Farmers

Advertisement Twitter Facebook LinkedIn Global charity organization Oxfam has launched a blockchain technology platform aimed at enhancing the transparency and traceability of the rice supply chain in Cambodia. Known as BlocRice, the app uses distributed ledger technology to implement smart contracts where details such as the farm gate price of organic rice, trade volume and […]

Altcoins

‘One Blockchain’: Ambitious Crypto Project Kin Forks Roadmap [Again]

Advertisement Twitter Facebook LinkedIn The developers of Kin, the cryptocurrency created by social media app Kik, have announced that the crypto token will undergo yet another major developmental redesign as they seek to marry scalability with an intuitive user experience. The Kin Foundation revealed on Wednesday that, in a departure from the crypto project’s earlier […]

Altcoins

eToro Launches Crypto-Based Universal Basic Income Project GoodDollar

eToro, a European social trading and multi asset brokerage company, has announced the launch of the GoodDollar experiment, an open source community project that seeks to reduce wealth inequality by introducing a new cryptocurrency and blockchain platform. eToro is initially injecting US$ 1 million into the project and is calling for more “brains, ambassador and […]