August 2018 | Page 19 of 99 | Last Cryptocurrency News Feed

Creditors of Defunct Cryptocurrency Exchange Mt. Gox Can Now File Claims

Creditors of Mt. Gox, the defunct cryptocurrency exchange, can now start submitting proofs of claim in a newly approved rehabilitation process, according to an update posted on the exchange’s website. In the update, Nobuaki Kobayashi, the trustee of Mt. Gox, announced that the online claim filing system was now active for creditors. The new system…

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Russia’s Largest 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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Search Giant Baidu to Censor Crypto Discussions on Online Forum

Chinese search giant Baidu is reportedly moving to block cryptocurrency-related content on its online forums. China Times, a Beijing-based business media outlet, reported on Sunday that Baidu is seeking to restrict or outright ban forum topics that discuss crypto-related activities on Baidu Tieba, the firm's Reddit-like online platform. "Currently, the company has toughened its scrutiny…

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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…

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China’s Baidu Joins Tech Giants Tencent, Alibaba in Imposing Fresh Anti-Crypto Measures

Chinese tech giant Baidu has joined Tencent and Alibaba in imposing new anti-crypto measures in line with Beijing’s toughened stance, South China Morning Post (SCMP) reports Monday, August 27. China’s ‘Google,’ Baidu, has closed at least two popular crypto-related chat forums, according to SCMP, with a notice reportedly informing users that the move comes “in…

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12 Must-read tips for crypto margin trading

Margin trading, or leveraged trading, is considered very risky. Of course, when crypto is involved – this type of trading is even more risky. The following tips have been chosen and combined to a must-read list before starting your first margin trade. Good luck! Start small In the beginning stages, it is more important to…

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Upside Calling? Bearish Bets on Bitcoin Futures Hit Record Low

The bearish sentiment in the bitcoin (BTC) futures market hit a record low last week, likely indicating the worst of the plunge in the leading cryptocurrency is behind us. The non-commercial futures contracts of Bitcoin futures, traded by large speculators and hedge funds, totaled a net position of -1266 contracts in the week ended Aug.…

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$31 Million NEX Project Could Be Biggest Casualty of Blockchain Cuts

Project Infinity, launched in May 2017 by NEX Group (formerly ICAP), could be the biggest bloodletting the distributed ledger sector has seen to date, having cost roughly $31.7 million and hemorrhaged dozens of jobs, former employees say. Spearheaded by Jenny Knott, former head of NEX Optimisation, the project had a grand vision of bringing the…

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India Central Bank Forms New Unit to Tackle Blockchain Regulation

India's central bank has reportedly formed a new unit within the organization to tackle research and regulatory frameworks for new technologies including blockchain, cryptocurrency, and artificial intelligence. According to a report from the Economic Times on Monday citing sources familiar with the matter, the Reserve Bank of India (RBI) launched the new unit about a…

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With Nearly $200 Million on the Line, EOS Is Building A Voting System

There's an account on the EOS blockchain with $35 million worth of tokens in it that no one can touch – and its balance is growing constantly. At the end of EOS' first 12 months as a live blockchain, this account (called eosio.saving) will be worth close to $192 million, assuming the recent EOS market price…