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The Chinese e-commerce giant Alibaba has announced acquisition of Hangzhou C-SKY Microsystems, a Chinese microchip maker. The deal aims at boosting Alibaba’s cloud-based “internet of things” (IoT) business,
Bithumb, South Korea’s leading cryptocurrency exchange, is planning to issue its own Bithumb Coin. The new tokens will target foreign countries, focusing on large-scale investors.
Amazon has been awarded a patent for a “streaming data marketplace,” where information is combined into a dataset to provide real-life identities to the government.
Chinese tech giant Huawei is launching its own blockchain service platform named as blockchain-as-a-service (BaaS). The platform is based on Hyperledger Fabric 1.0.
A new crypto tharing application called Bison will be launched by German second-largest exchanges subsidiary. The app is set to be available in September this year.
OKEx, the world’s second-largest cryptocurrency exchange, followed Binance in establishing an office in Malta. The country is actively encouraging crypto firms and takes part in the European Blockchain Partnership.
Blockchain start-up Ripple which already has partnerships with banks and other financial firms, announced investing $25 million in XRP in Blockchain Capital’s Parallel IV LP Fund. The company is going to continue contributing to more start-ups that want to use its cryptocurrency.
Coinsquare, Canadian crypto trading platforms, has launched its TV advertisement. The ad is aimed at attracting more users before going public in September.
Telegram Open Network Limited, a fake company, which named Pavel Durov its director, made an attempt to capitalize on real Telegram’s ICO.
Salesforce, San Francisco-based cloud computing company, has embarked upon a blockchain product, scheduled to be announced during Dreamforce, company’s annual customer conference.