Cryptocurrency News

Chinese e-commerce company JD.com, a member of the Fortune Global 500 headquartered in Beijing, is launching AI Catapult Accelerator AICA, an accelerator program designed to unlock the transformative potential of startups demonstrating cutting-edge talent in the blockchain space.JD.com is one of the two largest business-to-consumer B2C online retailers in China by transaction volume and revenue, and a major competitor to Alibaba-run Tmall. As of September 2017, JD.coms platform, often referre Read more...

Following remarks made by Valdis Dombrovskis, vice president of the European Commission EC, after a roundtable on cryptocurrencies, it appears that the European Union EU is prepared to take steps toward regulating cryptocurrencies.While acknowledging that European nations should embrace blockchain technology in order to remain competitive in financial markets, Dombrovskis also cautioned that they should be taking steps to protect their citizens from hazards in the cryptocurrency space.Based o Read more...

Circle, a mobile payment app company backed by Goldman Sachs, has announced it is buying U.S.-regulated cryptocurrency exchange Poloniex Inc. a move that will transform Boston-based Circle into one of the biggest players in the industry.According to Fortune Magazine, Circle paid $400 million for the exchange, which handles a trading volume of around $1.5 million per day. Up till now, Circle had three main products Circle Pay, a mobile app that allows users to hold, send, and receive traditio Read more...

Ethereum has just announced its Ethereum Community Fund ECF grant program, an initiative launched by a collection of major players in the Ethereum world that is designed to accelerate the development of blockchain infrastructure apps and services. The stated aim of the ECF is to bring about an environment where teams and ideas can thrive, grow, and collaborate to become essential and functioning pieces of the broader Ethereum ecosystem.All of this raises the question of what exactly we mean w Read more...

Blockchain technology can revolutionize the way in which businesses provide services to both consumers and to other organizations. From building digital trust over a completely transparent ledger, to allowing participants to quickly interact via a peer-to-peer network, blockchain technology is proving to be a solution that will drive the next phase of digital transformation. This in mind, enterprises and companies are spending more money than ever before on blockchain solutions.According to I Read more...

Ask most, and youll hear the opinion that Asia is a minefield when it comes to cryptocurrency. The mere mention of regulatory action on the already-volatile markets sends the price of bitcoin and consequently altcoins into a nosedive. One need only look at the recent South Korean dilemma or Chinas ongoing aversion to cryptocurrency to confirm this. Clearly, the continents role in this emerging digital realm should not be underestimated.The attempts by certain governments to ban the exchange o Read more...