January 2019 | Page 10 of 104 | Last Cryptocurrency News Feed

SWIFT CEO Reveals Plans to Integrate Blockchain Consortium R3 Tech

This article has been updated to reflect the breaking news events.Major global banking payments network SWIFT has revealed it plans to integrate technology from enterprise blockchain software firm R3.Speaking at the Paris Fintech Forum on Jan. 30, CEO Gottfried Leibbrandt said SWIFT would be formally announcing its plans for a Proof-of-Concept (PoC) with R3 later…

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SWIFT Chief Announces Integration With R3 At Paris Fintech Forum

news SWIFT, the global banking payments network, intends to integrate technology from R3, the DLT provider behind the Corda platform. Speaking on stage at the Paris Fintech Forum, SWIFT CEO Gottfried Leibbrandt said: “Later today we are announcing integration with R3.” At the event, Leibbrandt was onstage with Brad Garlinghouse, CEO of Ripple, which has…

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Japanese IT Giant Fujitsu Completes Test of Blockchain Electricity Sharing Project

Japanese IT firm Fujitsu has successfully trialed a blockchain-based solution to address inefficiencies in electricity surplus management, the company confirmed in a press release on Jan. 29.Fujitsu, which partnered with local power distribution company ENERES, used blockchain to increase the success rates of power sharing, which is administered through a process known as Demand Response…

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Decentralized Exchanges – (Not) the Future: Trading Volume Hit All-time Low

According to a report by the curated data platform Diar, decentralized exchanges has hit a new all-time low in January 2019 regarding USD traded value along with on-chain ETH transactions. The statistics show a decreasing volume even though the leading centralized cryptocurrency exchanges have introduced their DEX solutions. The huge drop in volume Data show…

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Binance Jersey – Beginner’s Guide to To The FIAT-Crypto Exchange

Binance is the world’s leading cryptocurrency exchange, clearing over $460 million in daily trade volumes, according to data from CoinMarketCap. We’ve devised a thorough and comprehensive guide to everything you need to know about the exchange and how to use it. However, one thing that’s worth noting about Binance is that, until recently, users could…

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Fujitsu Claims 40% Efficiency Boost for Blockchain Electricity Exchange

news Japanese IT giant Fujitsu has developed a blockchain-based system for electricity exchange between enterprise consumers that aims to facilitate a more stable energy supply at peak periods. Announcing the news on Wednesday, Fujitsu said it had tested the “patent-pending” blockchain system with support from electric power distribution company ENERES and achieved a roughly 40 percent improvement…

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DApp Survey Highlights Poor User Uptake as Major Pain Point for Developers

Decentralized data aggregator Fluence Labs highlighted user uptake as the number one problem facing decentralized app (DApp) developers in a new survey released on Jan. 29.The DApp industry, which began using the Ethereum blockchain in 2017, has since grown to number around 1,800 products, according to listing resource DappRadar.Fluence notes that of the 900 projects…

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This Spongebob-Themed Tech Proves That Bitcoin’s Lightning Is Advancing

news “Wumbology, the study of ‘wumbo’. It’s first grade, Spongebob!” For the uninitiated, that’s a quote from the Nickelodeon animated series Spongebob Squarepants. Spoken by the jolly starfish Patrick Star, it describes the word “wumbo” – to which the eponymous character responds: “I don’t think that’s a real word.” Well, thanks to some up-and-coming technology built on…

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AMD Q4 Financial Report Sees Income Dip, Executives Show No Signs Of Panic

United States transnational IT company Advanced Micro Devices (AMD) released its Q4 revenue report on Jan. 29, broadly conforming to analysts’ fears of a continued slowdown.AMD, which like other graphics hardware manufacturers has suffered due to the cryptocurrency bear market, produced quarter-on-quarter revenue losses of 14 percent.Its gross margin was down 2 percent versus Q3,…

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Report: New Zealand Cryptopia Exchange Hack Continues

Two weeks after it first reported a hack, New Zealand-based cryptocurrency exchange Cryptopia is still compromised by cyber criminals, according to a blog post from blockchain infrastructure firm Elementus on Jan. 29.The exchange suspended services after detecting a major hack that reportedly “resulted in significant losses” on Jan. 15. Cryptopia stated that the hack occurred the…