August 2018 | Page 6 of 99 | Last Cryptocurrency News Feed

Australian Gov’t Partners With IBM and Legal Experts to Build Smart Contracts Platform

IBM, CSIRO’s Data61 and law firm Herbert Smith Freehills have partnered on a new Australian consortium to build a cross-industry blockchain-based smart contracts platform for enterprises, according to a press release published August 29.Data61 is a digital innovation center that forms part of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) – an Australian government…

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Bitcoin Price Analysis August 30

As reported on our previous analysis, market was overbought and needed a correction after testing the $7000 strong resistance zone, where lies the Moving Average 200 days line. The correction might stop in these areas (~$6800) where there is a resistance-turned support level along with Fibonacci retracement %38.2 level. RSI levels are at low levels,…

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ICO Advisor Satis Claims $96K Bitcoin Price Possible in 5 Years

NEWS Aug 30, 2018 at 17:00 UTC Initial coin offering advisory firm Satis Group believes bitcoin's price might jump to $96,000 over the next five years, according to a new report published Friday. Satis Group published the latest report in its five-part analysis of the cryptocurrency ecosystem, this time examining how the cryptocurrency market is…

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OECD Announces ‘First Major International Conference’ Dedicated to Blockchain in Public Sphere

The Organisation for Economic Co-operation and Development (OECD) has officially announced a Blockchain Policy Forum in a release on the OECD website August 28.The OECD states that the event will be held in Paris September 4-5 and will mark the first major international event of its kind, dedicated to blockchain technology. Organizers plan to focus…

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No Crypto Mining? No Problem, Says Mining Farms

Here’s How the Sharing Economy is Providing Crypto Miners Alternative Ways to Profit in the Shifting Economic Landscape One of the top stories sweeping the cryptocurrency industry currently is the significant downturn in crypto-related sales of graphics processing units (GPUs) from producers like Nvidia and AMD. While both Nvidia and AMD have been performing well in…

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VMware Claims Greater Scalability With Open-Source Blockchain Project

NEWS Aug 30, 2018 at 15:00 UTC | Updated Aug 30, 2018 at 15:02 UTC Cloud computing and virtualization firm VMWare said Tuesday that it has developed an open-source blockchain infrastructure designed to be both scalable and energy efficient. Dubbed Project Concord, VMWare's blockchain aims to provide a base for blockchain implementations which can solve certain…

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India Eyes State Digital Currency to Cut $90 Million Banknote Bill

NEWS Aug 30, 2018 at 14:00 UTC | Updated Aug 30, 2018 at 14:14 UTC India's central bank is researching how to introduce a rupee-backed central bank digital currency (CBDC) into its monetary policy in a bid to reduce its hefty annual bill for minting physical cash. The news was revealed in the Reserve Bank of…

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Polychain Leads Ether Wallet MyCrypto’s $4 Million Fundraise

Ethereum wallet MyCrypto just raised $4 million in its ongoing effort to make its product more user-friendly, the startup announced Thursday. Led by Polychain Capital, the Series A funding round also saw investments from Boost VC Fund 3 LP, ShapeShift, Ausum Blockchain Fund LP, Mainframe founder Mick Hagen, Coefficient Ventures partner Chance Du, early Dropbox…

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8 Blockchain Projects Enlist Early to Test Secret Enigma Contracts

Can you keep a secret? For many blockchain projects – whose underlying architecture is a public ledger of transactions – that can be a challenging ask. But Enigma, a project incubated at MIT Media Lab that raised $45 million in an ICO last year, is hoping to make that possible by developing privacy-enabled smart contracts…

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Bitmain’s BTC.com Is Launching an Ethereum Mining Pool

Bitmain-backed mining pool BTC.com is expanding its offerings to include ethereum and ethereum classic, the company announced Thursday. BTC.com, which claims to have mined 21 percent of all bitcoin blocks last year, will offer the new mining client through its pool.btc.com portal, and will also offer an ethereum block explorer and API, according to a…