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Crypto Exchanges Join Winklevoss Backed Self-Regulatory Group

Crypto Exchanges Join Winklevoss Backed Self-Regulatory Group A group of cryptocurrency exchanges has joined up with Gemini founders Cameron and Tyler Winklevoss to launch a new industry-focused self-regulatory organization (SRO). First proposed in March, the Virtual Commodity Association aims to “foster financially sound, responsible and innovative virtual commodity markets” by …

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Blockchain Enters ‘Trough of Disillusionment’ on Gartner’s Hype Scale

Blockchain Enters ‘Trough of Disillusionment’ on Gartner’s Hype Scale Interest in blockchain technology is waning, research firm Gartner said in its latest “Hype Cycle for Emerging Technologies” report. Gartner included blockchain, along with four other emerging technologies, as one of five trends that can blur the lines between humans and …

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Bakkt CEO: Crypto Trading Platform Won’t Support Margin Trading

Bakkt CEO: Crypto Trading Platform Won’t Support Margin Trading Two weeks after the Intercontinental Exchange (ICE) introduced Bakkt, a new digital assets platform, the latter’s CEO has set out to explain what the service will offer consumers. Bakkt chief executive Kelly Loeffler outlined the fundamentals for a platform to trade, store …

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Blockchain Firm to Raise $24 Billion for Electric Bus Upgrades in China

Blockchain Firm to Raise $24 Billion for Electric Bus Upgrades in China Blockchain and AI technology company Seven Stars Cloud Group has scored a $24 billion deal to help finance large-scale electric bus upgrades for China’s biggest full-service operator. According to a press release published Monday, under an exclusive contract made …

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Nvidia Reports ‘Substantial Decline’ in GPU Sales to Crypto Miners

Nvidia Reports ‘Substantial Decline’ in GPU Sales to Crypto Miners Nvidia is reporting a “substantial decline” in revenue as a result of declining sales to cryptocurrency miners. In an announcement of its second quarter earnings Thursday afternoon, the graphics card maker’s CFO, Colette Kress, stated that while “GPU business revenue was $2.66 …

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Coinbase Wins Patent for Secure Bitcoin Payments System

Coinbase Wins Patent for Secure Bitcoin Payments System A newly published Coinbase patent seeks to protect a way of making bitcoin purchases more secure for customers. In the filing, published August 14, the U.S.-based cryptocurrency exchange outlined how it could develop a payment portal which would allow users to pay using …

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JD.com Rolls Out Blockchain Platform With Its First App

JD.com Rolls Out Blockchain Platform With Its First App Chinese e-commerce giant JD.com has launched a blockchain-as-a-service platform alongside its first app – one that digitally tracks corporate invoices for one of the largest publicly traded insurers in China. According to a release on Friday, JD.com said the application moves invoice …

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