Category: obitx

  • Barclays Pursues Blockchain Patents to Create Digital Currency Network

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    Barclays, the UK’s biggest bank, has applied for three U.S. patents that collectively outline a system that uses blockchain technology to combine the pseudonymity of cryptocurrency with the legacy financial system and its KYC/AML regime. The London-based bank first applied for the three patents in July 2016, though they were only published by the U.S. […]

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  • OKEx, Malta Stock Exchange Partner to Develop Security Token Trading Platform

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    Malta continues to be at the forefront of the crypto space with OKEx, one of the world’s largest cryptocurrency exchanges, announcing a partnership with the Malta Stock Exchange to create a new security token trading platform. The new exchange will operate under the name OKMSX and bring together OKEx‘s expertise in the digital assett market along and […]

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  • Pop Icon Peter Gabriel Has Invested in a Blockchain Startup

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    Legendary musician Peter Gabriel is backing UK-based blockchain startup Provenance, though the full amount of Gabriel’s investment has yet to be disclosed. Gabriel, formerly the lead singer of rock band Genesis, invested in Provenance along with Working Capital Fund, Digital Currency Group, Merian Ventures and Plug and Play, according to a news release. The funding round comes […]

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  • Mastercard Wins a Patent to Link Cryptocurrency With Fiat Accounts

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    Mastercard has been granted a patent that grants it rights for a method for “managing fractional reserves of blockchain currency.” With Mastercard’s latest patent, we’re getting closer to using our cryptocurrency credit cards to purchase goods. According to the filing, the method addresses the storing of both fiat and cryptocurrencies under one profile. This means, as […]

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  • World’s First Bank-Owned Cryptocurrency Exchange Launches Publicly in Japan

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    Nearly two years after its initial announcement and months of delays this year, the world’s first bank-owned cryptocurrency exchange finally sees its public launch in Japan. With an announcement on Tuesday, Japanese financial giant SBI Holdings has formally launched its cryptocurrency exchange platform, dubbed ‘VCTRADE’. As reported by CCN in early June, SBI first announced a limited launch of […]

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  • The Kodak KashMiner’s Flashy Debut Ends In Failure

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    The much-publicized partnership that would have resulted in digital media brand Kodak’s name appearing on a series of bitcoin miners is no more. Revealed in January at the CES tech show in Las Vegas, the Kodak KashMiner boasted a two-year income projection of $9,000 and required an up-front payment of roughly one-third of that amount. The product […]

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  • Ethereum’s Next Big Game Will Offer Major League Baseball Collectibles

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    Major League Baseball (MLB) has taken a step into the blockchain and crypto world by launching its own Ethereum-based game, “MLB Crypto,” in partnership with blockchain dApp developer Lucid Sight, Yahoo Finance has reported. The official website of MLB Crypto is now live, however, the game is yet to launch. Users will be able to use their ether to buy digital […]

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  • What’s Behind the Multi-Billion Dollar Venture Capital Interest in Crypto?

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    The mercurial rise in popularity for the ICO fund-raising model has led many industry observers and evangelists to conclude that the days of venture capital are long gone. Indeed, the market for ICOs has exploded in the past year and a half. During the first quarter of 2018, ICO funding easily outstripped the full year sum […]

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  • Betting on the World Cup Final…with Ethereum

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    Tomorrow morning at 10 am EST the eyes of the world will turn to Russia as France and Croatia duke it out in the final game of the World Cup. The last World Cup in 2014 was watched by almost 3.2 billion people and the world’s population has grown by almost half a billion since then. […]

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  • Tezos Foundation to Launch Grantmaking Process

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    The Tezos Foundation has announced that it will hold their first formal call for proposals through an open grantmaking process, according to an announcement published July 13. According to the announcement, Tezos’ public call for grants will be made in August of this year, and has determined three main areas as an initial target. These include “research that furthers […]

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