Adult Movie Actress Stormy Daniels Adds Cryptocurrency Rewards to Her Official Website

Adult movie actress Stormy Daniels is officially adding cryptocurrency to her official website to incentivize users to watch its contents, reported Coindesk on May 25. Daniels, which became popular after claiming that she had an affair with the U.S. President Donald Trump in 2006, is partnering with Vice Industry Token (VIT) to give cryptocurrency rewards for … Continue reading Adult Movie Actress Stormy Daniels Adds Cryptocurrency Rewards to Her Official Website

German-Based Commerzbank Conducts €500 000 Transfer With R3’s Corda

The German-based Commerzbank conducts a 500 000 euros foreign exchange transfer with R3's Corda platform, reported Coindesk on May 24. Thyssenkrupp transferred €500 000 with R3's Corda blockchain-based platform through a contract locking in an exchange rate between the euro and the Polish zloty. Neither of the two parties has to worry about transaction reconciliation since the … Continue reading German-Based Commerzbank Conducts €500 000 Transfer With R3’s Corda

Mobile Banking App Revolut Adds Ripple and Bitcoin Cash to Crypto Payment Options

Mobile banking app Revolut announced it adds Ripple (XRP) and Bitcoin Cash (BCH) to its crypto assets, which allows its users to buy, sell and hold these two cryptocurrencies, reported Coindesk on May 24. The company added bitcoin in July 2017 and further added the trading of ether and litecoin near the end of 2017 … Continue reading Mobile Banking App Revolut Adds Ripple and Bitcoin Cash to Crypto Payment Options

Russian Institutions to Test a Regulatory ICO Platform

Two Russian financial institutions announced they will test a regulatory ICO platform, which will enhance transparency and security in domestic initial coin offerings (ICOs) for investors, reported Coindesk on May 24. Russia's National Settlement Depository (NSD) is working in collaboration with Sberbank CIB, the bank's corporate and investment division, to trial an ICO platform launched by Russia's … Continue reading Russian Institutions to Test a Regulatory ICO Platform

UK Mosque Will Accept Donations in Bitcoin and Ethereum For Ramadan

A UK Mosque announced it will accept donations in bitcoin and ethereum for this year's Ramadan period, reported a local news outlet on May 22. The Shacklewell Lane Mosque in Dalston team up with Combo Innovation, which was founded by Gurmit Singh, to know how to receive, store and sell crypto-currency in a secure way. The annual … Continue reading UK Mosque Will Accept Donations in Bitcoin and Ethereum For Ramadan

A Giant Fintech Japanese Company Will Launch a Cryptocurrency Exchange in 2018

Money Forward Inc., a giant fintech Japanese company announced it will launch a cryptocurrency exchange in 2018, reported Cointelegraph on May 23. The fintech giant created a subsidiary called MF Financial Co., Ltd., that was launched on Wednesday and that will be exclusively working on the company's new virtual currency trading platform. The MF plans to first launch … Continue reading A Giant Fintech Japanese Company Will Launch a Cryptocurrency Exchange in 2018

MIT Tests the Combination of Bitcoin’s Lightning Network and Smart Contracts

The US-based university MIT tests the combination of bitcoin's lightning network and smart contracts to handle millions of transactions with a higher degree of complexity, reported Coindesk on May 23. The test was initially designated with the school's Digital Currency Initiative as a way to study more deeply cryptocurrencies, and it is outlining a system in … Continue reading MIT Tests the Combination of Bitcoin’s Lightning Network and Smart Contracts

Singapore To Ease Regulations For Decentralized Exchange

The Monetary Authority of Singapore (MAS) announced it is planning to ease regulations for decentralized exchange in order to facilitate market entry for decentralized exchanges powered by blockchain, reported Coindesk on May 23. According to a consultation document published on May 22, the MAS explains that the current regulated framework called "recognised market operators" (RMOs) can not meet the … Continue reading Singapore To Ease Regulations For Decentralized Exchange

What is Proof of Stake and Proof of Work?

Abhishek Singh, the Program Director at Blockchain Semantic answers the question on Quora: What is Proof of Stake and Proof of Work? Proof of Stake Proof of Stake is another consensus algorithm being evaluated and slowly adopted by a few Blockchain networks. Here, miners do not have to solve any mathematical puzzle and burn computing … Continue reading What is Proof of Stake and Proof of Work?

Monero to Launch a New Crypto Trading Protocol

Monero is about to launch a new crypto trading protocol built on the monero network, which includes loyalty points, concert tickets, and in-game products reported Coindesk on May 23. The new digital assets protocol called "Tari" will help to support token with unique characteristics, mentioned co-founder Naveen Jain. Riccardo Spagni, monero project lead, and the entrepreneur Dan Teree are also … Continue reading Monero to Launch a New Crypto Trading Protocol