August 2018 | Page 18 of 99 | Last Cryptocurrency News Feed

Brazilian Crypto Platform Atlas Quantum Reveals Data Breach Affecting 260K Customers

Brazilian crypto trading platform Atlas Quantum has recently suffered a major data breach which led to the exposure of clients’ personal data, the company’s official Facebook page stated Sunday, August 26. Atlas Quantum discovered the breach on Saturday, August 25, and has already started an investigation. The company informed users that the security incident has…

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Samsung Looks to Streamline Banking With Blockchain Tool

NEWS Aug 27, 2018 at 16:35 UTC Samsung SDS, a subsidiary of South Korea's tech conglomerate, has developed a blockchain-based certification platform for South Korean banks, it announced Monday. Developed in collaboration with the Korea Federation of Banks, a new platform called BankSign is said to make interactions between different banks' mobile systems seamless. Users…

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India: Sources Claim Central Bank ‘Researching’ Blockchain to Decide ‘What It Can Adopt’

Noises in the Indian media Monday, August 27 suggest the country’s central bank is keen to improve its understanding of cryptocurrency and blockchain, allegedly setting up a dedicated unit a month ago. As Economic Times reports, citing “people familiar with the central bank’s plans,” the unit focuses on “research” of the phenomena, “to check what…

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Major Bitcoin Mining Chip Producers in China Could Raise Billions in IPOs

Bitmain, Canaan, and Ebang are considered the biggest mining chip producers in China. The three are pursuing listings on the Hong Kong Exchange (HKEx). And even though, the firms are on a different level of getting approved by the listing committee, the possibility of raising billions of dollars through an IPO reveal how far the…

Bitcoin Magazine Feed

Reddit Co-Founder Bullish Despite Bitcoin Volatility

Reddit Co-founder Alexis Ohanian has revealed his optimism about the future success of bitcoin despite the daily slump in price in an interview with Yahoo Finance. He believes bitcoin has the potential to be used as a store of value especially in countries where fiat currencies are being devalued. Ohanian is no stranger to the…

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East Meets West: Asian Crypto Fund Panel at Distributed 2018

At Distributed 2018, the first-ever flagship blockchain conference hosted by BTC Inc. and held in San Francisco, experts and entrepreneurs from various fields gathered for panel sessions and fireside chats, going into detail on specialized sectors of the blockchain industry. In line with one of the conference’s major themes of “East Meets West,” one such…

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Red Hat Eyes Blockchain For Tracking When Customers Use the Cloud

NEWS Aug 27, 2018 at 14:30 UTC | Updated Aug 27, 2018 at 14:32 UTC Cloud computing giant Red Hat may be looking into tapping a blockchain-based system to track software usage. New marketing models for selling software on a cloud platform require new methods of tracking usage, and a blockchain may be able to efficiently…

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Major Russian Airline Tests Blockchain in Bid to Track Fuel Payments

NEWS Aug 27, 2018 at 13:00 UTC | Updated Aug 27, 2018 at 14:00 UTC S7, one of the largest airline operators in Russia, has tested a blockchain-based application that tracks data and paperwork connected to the process for refueling planes. The airline said in a release on Monday that it trialed the application with its fuel…

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Fujitsu Backs IOTA as ‘New Protocol Standard’ for Audit Trails, Markets React

Japanese ICT conglomerate Fujitsu is launching an IOTA-based proof-of-concept (PoC) for audit trail processes in the manufacturing industry, according to an official notice released August 25. The notice says the company will use the IOTA protocol as an “immutable data storage medium” for audit trails across “industrial production environments and supply chains,” with the aim…

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Gazprom and Russian Airline S7 Put Aircraft Fuelling on Blockchain in Domestic First

Russian air carrier S7 Airlines has partnered with state-owned oil giant Gazprom Neft to use blockchain-based smart contracts for aircraft fuelling, a press release confirmed Friday, August 24. S7, which has developed several blockchain use cases in the past two years, will now use the technology to increase efficiency of fuel delivery and payment, as…