Monthly Archives: May 2019

The Enterprise Ethereum Alliance (EEA) has detailed several blockchain use cases relevant to the real estate industry in a report shared with Cointelegraph on May 23.The document is reportedly the result of several months of work by the group’s members, which includes over 50 real estate companies. The report describes four use cases, the first…

Epic Games, the company that developed successful videogame Fortnite, announced that it has partnered with blockchain game distribution platform The Abyss in a press release shared with Cointelegraph on May 23.The press release notes that the partnership will allow developers on the platform access to the Unreal Developers Network. Epic’s Unreal Engine requires developers to…

Dutch bank Rabobank has reportedly canceled its plans to develop a cryptocurrency wallet, technology news outlet The Next Web states on May 23.As Cointelegraph reported, the bank had announced a cryptocurrency wallet service dubbed “Rabobit” as a part of the Rabobank Moonshot fintech innovation program in February last year. Still, a spokesperson of the bank…

Fraudsters have been adding fake cryptocurrency wallets to the Google Play store in an attempt to cash in on rising bitcoin (BTC) prices, ESET antivirus researchers claimed on May 23.One malicious app imitated the hardware wallet Trezor — and the investigation found that the software had ties to another fake app that has the potential to scam unsuspecting users out of…

Recently, CoinMarketCap (CMC), arguably the industry’s best-known cryptocurrency market data service, announced an initiative to provide “greater transparency, accountability, and disclosure from projects in the crypto space.” The move followed recent reports on fake volume data and wash trading among cryptocurrency exchanges that were published last month.Now, all exchanges are required to provide mandatory application…

Eric Swalwell, a United States Democratic presidential candidate for the 2020 elections, has launched a crypto donations campaign, according to a press release shared with Cointelegraph on May 23.Swalwell, 38, announced his presidential bid on April 8. A fourth-term Member of Congress from California's Bay Area, he serves on the House Intelligence and Judiciary committees…

Crypto lender Dharma has begun supporting the peer-to-peer lending of USDC, The Block reported on May 22.Before now, the San Francisco-based company only supported Dai, a stablecoin backed by ether (ETH) that has been regarded as too risky by some investors due to its design, according to Max Bronstein, the company’s business development manager.As USDC is backed by…

The University of Tokyo, Japanese car manufacturer Toyota Motor Corporation and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct tests for a blockchain-powered electricity system. The news was revealed in an official Toyota press release on May 23.The pilot, scheduled for June 17, will reportedly test a peer-to-peer electricity system that allows…

Changpeng Zhao, the CEO and founder of major crypto exchange Binance, is seeking damages from venture capital firm Sequoia Capital China for having ostensibly hurt his reputation and unjustly prevented him from raising capital during its now-dismissed legal challenge against him last year. A Binance spokesperson shared the news with Cointelegraph on May 23.Attorneys for…

Financial service provider SIX is developing a stablecoin pegged to the Swiss franc, a company spokesman confirmed to Cointelegraph on May 23.The company is also planning to launch a blockchain-powered exchange for digital tokens in the second half of 2019, but the spokesman said he was currently not at liberty to discuss further details concerning whether the stablecoin…