Crypto News

NEO Founder Da Hongfei Says His Project Will Be the ‘Number One’ Blockchain by 2020

In the damp and drizzly Pacific northwestern city of Seattle, NEO (remember them?) held their DevCon conference last weekend. It was a chance for the passionate City of Zion developers, dApp developers, NEO enthusiasts, and skeptics alike to come together to find out about the cryptocurrency project’s ambitious plans moving forward – and, of course, to […]

Crypto News

Donald Trump, California Governor Feud over $3.5 Billion Bullet Train Project – Is the President Right?

California’s bullet train project is the latest thorn that’s nagging U.S. President Donald Trump. In a tweet, Trump claimed that California had canceled the bullet train project after wasting ‘billions of dollars’. He then demanded that the Golden State refund the $ 3.5 billion that the federal government had allocated to the project. The federal […]

Crypto News

Telegram’s Secretive Crypto Project is Now Just a Few ‘Minor Changes’ from Launch

Telegram’s crypto platform is now 20% further along than it was at the end of last year. According to an investor update cited in The Block, it is about 90% completed. The most important part, the Telegram Virtual Machine, is reportedly complete. “Only minor changes will be necessary,” the investor update reads. It’ll process computations […]

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 […]

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” […]