Russia’s Ministry of Education Introduces System for Tracking Diamonds via Blockchain

Russia’s Ministry of Education and Science (Minobrnauki) has introduced a blockchain-enabled platform for tracking natural diamonds, government-backed news agency TASS reports today, Jan. 30. The new Russian diamond tracking technology claims to fully guarantee the authenticity of diamond products across all the supply chain, from extraction and polishing to the final owner. Based on emerging…

Continue Reading

Japanese IT Giant Fujitsu Completes Test of Blockchain Electricity Sharing Project

Japanese IT firm Fujitsu has successfully trialed a blockchain-based solution to address inefficiencies in electricity surplus management, the company confirmed in a press release on Jan. 29. Fujitsu, which partnered with local power distribution company ENERES, used blockchain to increase the success rates of power sharing, which is administered through a process known as Demand…

Continue Reading

Report: New Zealand Cryptopia Exchange Hack Continues

Two weeks after it first reported a hack, New Zealand-based cryptocurrency exchange Cryptopia is still compromised by cyber criminals, according to a blog post from blockchain infrastructure firm Elementus on Jan. 29. The exchange suspended services after detecting a major hack that reportedly “resulted in significant losses” on Jan. 15. Cryptopia stated that the hack occurred…

Continue Reading

JPMorgan Notes Marginal Improvements to Payment System With Blockchain Technology

Experts at financial services giant JPMorgan say that blockchain technology will provide benefits to banks and payment systems, Bloomberg reports on Jan. 29.   JPMorgan’s chair of global research, Joyce Chang, said, “Blockchain isn’t going to reinvent the global payment system, but it will provide marginal improvements. The most meaningful impact will probably be three…

Continue Reading

Deutsche Börse, HQLAx Report ‘Significant Process’ on Blockchain Securities Lending Platform

Major global securities marketplace Deutsche Börse has reported it is “making significant progress” on its blockchain-based securities lending platform, according to an official press release on Jan. 29. The platform is being co-developed by the German securities marketplace and Luxembourg-based blockchain liquidity management platform, HQLAx. According to the press release from Deutsche Börse, six banks…

Continue Reading

NYSE Operator Partners With Blockstream to Launch Crypto Tracking Tool for Investors

The Intercontinental Exchange (ICE) has partnered with major global blockchain firm Blockstream to launch its Cryptocurrency Data Feed product, as ICE Data Services tweeted on Jan. 24. Founded in 2000 in the United States, the Intercontinental Exchange is a global company that owns exchanges for financial commodity markets and operates 23 global exchanges, including the…

Continue Reading

Bitcoin-Hating Ex Starbucks CEO Howard Schultz Mulls US Presidency, Backs Blockchain

Billionaire Howard Schultz ― the bitcoin-bashing former CEO of Starbucks ― is considering running for US president because he’s disgusted with the bitter political gridlock he sees today. Schultz announced on Twitter that he would run as a “centrist independent” because he’s fed up with the entrenched, ineffective two-party system in the United States. I love our country,…

Continue Reading

Research Firm Messari CEO: Threatening Calls After Critical XRP Report Were Made by ‘Punk Kids’

Ryan Selkis, the CEO of cryptocurrency analytics firm Messari, has allegedly received threats after his company published a critical analysis of Ripple (XRP) cryptocurrency. Selkis made this claim in a tweet posted on Jan. 24. Research firm Messari published a report on Jan. 24, claiming that the market capitalization of XRP is likely overvalued by…

Continue Reading
Close Menu