Monthly Archives: February 2019

Chinese blockchain platform NEO will open an office in United States city of Seattle, according to an official announcement shared with Cointelegraph on Feb. 15. The new office will be headed by ex-Microsoft executive John deVadoss.The NEO Global Development (NGD) Seattle office will open and begin recruitment this month, purportedly allowing the company to expand…

The founder of major Canadian crypto exchange QuadrigaCX, Gerald Cotten, may have stored the exchange’s private keys on paper in a safety deposit box, Bloomberg reported on Feb. 15.In an interview on the “True Bromance Podcast” in February 2014, Cotten warned of the danger of losing keys to cold wallet storage systems, and thus losing…

The Moscow-based blockchain innovation cluster needs a mechanism for assessing intellectual property, says the founder of blockchain platform Universa.io, Aleksandr Borodich. Borodich’s statements were reported by Russian news agency TASS on Feb. 15.The plans to launch a blockchain-based city innovation cluster by summer 2019 were initially announced by the Moscow municipal government earlier in February.…

Zhu Fa, co-founder of Poolin, a Chinese-based crypto mining pool, predicted that the Bitcoin (BTC) price could hit 5 million Chinese yuan ($738,000 (USD), crypto news outlet 8BTC reported on Feb.11.While Zhu noted that “it now feels more like a bear market,” he reportedly predicted that in the next bull run, prices will be 10–20…

The global blockchain in energy utilities market is expected to grow by 60 percent by 2024, according to a new report from Infoholic Research LLP published on Feb. 15.Per the report, the global blockchain in energy utilities market was assessed to be $210.4 million in 2018, and is expected to reach $3.4 billion by 2024.…

Indonesia has introduced new legislation that recognizes Bitcoin (BTC) as a trading commodity, Asia-oriented news outlet KrASIA reported on Feb. 15.Indonesia’s Commodity Futures Trading Regulatory Agency, also known as Bappebti, initially signed a decree to make cryptocurrency a commodity future legally tradable on stock exchanges last June. The agency then stated that the Indonesian government…

Tech giant Apple has mentioned its work in forming the Blockchain Guidelines of the Responsible Minerals Initiative (RMI) in a filing with the United States Security Exchange Commission (SEC). The document, entitled “Conflict Minerals Report” was published on Feb. 15.In general, the document pertains to Apple’s business practices and ethics in sourcing minerals for its…