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Blockchain Proves Warren Buffett Holds Crypto Gift, Says Justin Sun

Warren Buffett recently said that he does not own any cryptocurrency, but Tron (TRX) founder Justin Sun begs to differ.  Speaking to CNBC reporter Becky Quick on Feb. 24, billionaire Buffett said that he does not own crypto and derided its supposed lack of purpose: “I don’t own any cryptocurrency. I never will […] You can’t do […]

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China Has Many Strategic Reasons to Invest in Blockchain

Byrne Hobart, a CoinDesk columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com) covers inflection points in finance and technology. In October, China’s President Xi Jinping said China should “seize the opportunity” to use the blockchain. To cryptocurrency advocates, this is exciting – and confusing. Why would a deeply centralized […]

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Riot Blockchain Plans Sale of Crypto Exchange as It Invests More Millions in Bitcoin Mining

Nasdaq-listed Riot Blockchain plans to sell its cryptocurrency exchange RiotX while doubling down on its bitcoin mining businesses. In an announcement on Thursday, the company said it is considering opportunities to divest itself of the limited assets associated with the exchange, launched in early 2018, due to the regulatory environment, security risks and competition from peers. “In […]

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Blockchain 50

Blockchain started as a way to move bitcoin from point A to point B, but it is now being used by a host of big companies to monitor and move any number of assets around the world as easily as sending an email. Our second annual Blockchain 50 represents enterprises embracing the technology underlying cryptocurrencies […]

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JPMorgan May Merge Its Blockchain Project With Ethereum Studio ConsenSys: Report

Banking giant JPMorgan Chase may soon merge its Quorum blockchain project with ConsenSys, the ethereum-focused software developer and investor.According to a Reuters report Tuesday citing “people familiar with the plans,” while the terms of the deal currently under discussion are still not set, the merger might happen within the next six months. Quorum was first reported […]

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One Million UEFA Tickets to be Distributed Via Blockchain in 2020

Soccer fans in Europe will join the ranks of early blockchain adopters thanks to a new initiative by the Union of European Football Associations (UEFA). According to a Feb. 17 announcement, UEFA will distribute over one million soccer match tickets via a blockchain-enabled mobile application. The organization claims that this new ticketing system will make “entry […]

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China Turns to Blockchain as Coronavirus Spins Out of Control

With 65,000 people infected with the coronavirus and more than 1,400 fatalities in China, many basic medical supplies are scarce. To improve donation efficiency amid the crisis, Chinese startup Hyperchain has launched a blockchain-based solution.SCANDALS AND CHAOS SURROUND THE CORONAVIRUSAccording to the South China Morning Post (SCMP), there has been a series of scandals in […]

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Mastercard, Binance X, and Ripple’s Xpring Join the Blockchain Education Alliance

The Blockchain Education Alliance launched by blockchain accelerator MouseBelt has gained several noteworthy new members. Ashlie Meredith, the university program director for MouseBelt Blockchain Accelerator, told Cointelegraph on Feb. 11 that the new members include payment processing behemoth Mastercard, the innovation arm of major crypto exchange Binance, Binance X, Ripple’s accelerator Xpring and cryptocurrency exchange KuCoin.Smart […]

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Blockchain.com Leads ‘Seven-Figure’ Investment in Its Exchange Partner

Popular cryptocurrency wallet service and blockchain data provider Blockchain.com has led a funding round in its exchange partner Wintermute Trading.Wintermute Trading, a United Kingdom-based algorithmic trading firm, has completed a seed funding round led by Blockchain.com’s venture arm Blockchain.com Ventures.While the amount of funding is undisclosed, the seed round apparently involved a “seven-figure” investment, a […]

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IBM Blockchain VP: Every Dollar Spent on Blockchain Yields $15 on Cloud

Enterprise blockchain is a catalyst for further spending at Big Blue, according to Jerry Cuomo, IBM’s vice president of blockchain technologies.”It is driving additional spend,” Cuomo said. “When you look at the direct attribution of the actual dollars spent on blockchain, we are seeing that for every dollar spent, $15 is spent on other cloud […]

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