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ConsenSys Unveils Ethereum-Based Satellite Tracker

October 29, 2019
Blockchain software technology company ConsenSys has unveiled Trusat, a satellite tracking application based on the Ethereum (ETH) network. According to the firm’s tweet posted on Oct. 22, Trusat aims to tackle the problem of space debris that could damage Earth’s space infrastructure. Tackling space debris with blockchain The initiative hopes that its app’s users will

Bakkt Hits New All-Time High, With Over 450 Bitcoin Futures Contracts Traded

October 29, 2019
Bitcoin (BTC) futures volumes on digital asset platform Bakkt have hit a new all-time high, with 452 BTC futures contracts traded at press time. Per historical data from Intercontinental Exchange (ICE) — the operator of Bakkt — today the platform has traded 441 Bitcoin futures contracts for November 2019, with the last recorded trading price

New Bitcoin ETF Proposal Filed With SEC by Gold Fund Veteran

October 29, 2019
Delaware-based asset manager Kryptoin Investment Advisors applied with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) Exchange Traded Fund (ETF) on Oct. 15. A Bitcoin ETF on the New York Stock Exchange According to the filing document published by the SEC, the Kryptoin Bitcoin ETF Trust is meant to be

Litecoin Foundation Pitches Opt-In MimbleWimble Via Extension Blocks

October 28, 2019
The Litecoin Foundation has published two new draft Litecoin Improvement Proposals that work toward establishing privacy features for the network. On Oct. 22, the Foundation shared links to details of the draft proposals on GitHub: LIP-0002 EB and LIP-0003 MW. Protecting Litecoin’s functional fungibility from government As the Foundation outlines, both proposals are targeted at

TBCASoft, IBM and SoftBank Announce a Mobile Payment Blockchain

October 28, 2019
Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct. 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution. New cross-carrier system Per the release, the partnership aims to allow carriers to use blockchain through the Carrier Blockchain Study Group (CBSG) Consortium — founded by TBCASoft and SoftBank. TBCASoft reportedly

Minister Says India, Like Other Nations, Extremely Cautious on Libra

October 28, 2019
Finance Minister Nirmala Sitharaman has said that India — like many others, in his view — is showing a high degree of caution in regard to Facebook’s Libra. During last week’s 2019 Annual Meetings of the International Monetary Fund and the World Bank in Washington, D.C. — which included a discussion of the Libra project

Telegram Writes Investors to Counter FUD Before Feb. SEC Hearings

October 28, 2019
In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.” Cause for optimism The letter, sent on Oct. 19, briefly reassures investors that the recent rescheduling of hearings until Feb. 18-19 is good news while maintaining that the

Aliant to Pay Part of Employees’ Compensation Packages in Bitcoin

October 22, 2019
United States merchant services provider and payment processing firm Aliant Payments will be paying each of its employees part of their compensation package in cryptocurrency. In a press release on Oct. 16, Aliant said that the offer reflected a desire that employees become invested customers in the shift to digital currency. Aliant’s evolving crypto payments

Binance Futures Bucks ‘Dismal’ Volume Trend — Trades a Record $700M

October 22, 2019
Binance’s Bitcoin futures product is the only winner in a lackluster market this week as trading volume hits local lows. Research highlights “very low” activity Analysis of various platforms’ trading volumes by exchange eToro’s senior market strategist Mati Greenspan on Oct. 15 revealed cryptocurrency markets had all but bottomed out in terms of activity. From

New DLT Protocol Scalable, Secure Without Consensus, Researchers Claim

October 22, 2019
Researchers have developed a new algorithm for distributed ledger protocols, which reporters claim could achieve security without the high power consumption of Bitcoin (BTC) mining. The algorithm, “Scalable Byzantine Reliable Broadcast,” was outlined in a paper first published this August and being presented today, Oct. 16, at the International Symposium on Distributed Computing (DISC 2019)