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Weekly Blockchain Industry Report [July 14-20, 2018]

By Andy Watson Jul 25, 2018 • 13 mins read

Check out the report jointly created by OK Blockchain Capital and Coinspeaker covering main trends of blockchain industry over July 14 – July 22, 2018, with strong focus placed on the market overview, analysis of the newly listed and closed public sales projects, along with topical news on global governmental policies.

Blockchain News, News

PwC Switzerland to Audit and Examine Tezos’ Finances and Operations

By Darya Rudz Jul 25, 2018 • 2 mins read

Professional services giant PricewaterhouseCoopers Switzerland will conduct an external audit of the Tezos Foundation, which is the first time when a blockchain organization is accepted as an audit client by a Big Four firm.

Blockchain News, News

Illegal Assassination Markets Begin to Surface on the Augur Platform, Criticism Grows

By Sofiko Abeslamidze Jul 25, 2018 • 3 mins read

Decentralized prediction protocol Augur, which finally launched in full July 9, has got under fire for speculating on death benefits.

Blockchain News, Cryptocurrency News, News, Token Sales News

The ICO Industry Can Solve Its Own Problems. And It Needs To.

By Eugenia Kovaliova Jul 24, 2018 • 5 mins read

Initial coin offerings (ICOs), the funding mechanism for releasing new digital currencies, are an enigma. They are at once a vital component for the proliferation of the decentralized economy, and they are one of the most controversial aspects of its development.

Altcoin News, Bitcoin News, Cryptocurrency News, News

Singapore Airlines Reaps Benefits of Blockchain Tech Launching its Own ‘KrisPay’ Digital Wallet

By Alexandra Sayapina Jul 24, 2018 • 3 mins read

The leading airline operator has launched a digital wallet that can be used to pay for the purchases at 18 merchants at the moment. The private blockchain was developed in collaboration with Microsoft and KPMG’s Digital Village.

Bitcoin News, Cryptocurrency News, News

China Bids Farewell to ‘Illegal’ Bitcoin Miners by the End of August

By Sofiko Abeslamidze Jul 24, 2018 • 3 mins read

It became known that local authorities of Chinese mountain region Xinjiang are going to haul illegal mining activities before summer 2018 will come to a close.

Blockchain News, News

South Korean KT Corp Becomes the First to Launch Commercial Blockchain-based Network

By Bhushan Akolkar Jul 24, 2018 • 3 mins read

KT Corporation will use the blockchain technology to streamline several of its processes including energy trading, data roaming and ID verification.

Blockchain News, News

How Small Investors Can Benefit from Blockchain Funds

By Julia Sakovich Jul 24, 2018 • 3 mins read

Investing into blockchain startups can be rather challenging for small investors. Nevertheless, working with funds can open new opportunities for them.

Blockchain News, News

Three Month-Old Monero Wallet Adds New Features, Announces Completion of a Security Audit

By Eugenia Kovaliova Jul 24, 2018 • 3 mins read

XMR Wallet is one of the few wallet platforms which conducted a third-party audit and published its results publicly. All the issues found are already resolved.

Altcoin News, Cryptocurrency News, Ethereum News, News

Ponzi Games on Ethereum: Tons of Money Made Out of People’s Greed

By Darya Rudz Jul 24, 2018 • 3 mins read

Ethereum-based games developed by a group called Team JUST turned out to be Ponzi scams serving as an experiment to gauge how far greed can drive people.

Blockchain News, News

Chinese Gov’t Partners with Ethereum’s ConsenSys to Develop Blockchain Innovation Hub

By Julia Sakovich Jul 24, 2018 • 3 mins read

Government officials in Xiongan New Area have established cooperation with ConsenSys with a view to create blockchain solutions for China’s “dream city.”

Bitcoin News, Cryptocurrency News, News

Bitcoin Climbs Above $8000, A Few Reasons Behind This Surge

By Bhushan Akolkar Jul 24, 2018 • 3 mins read

Bitcoin finally hits the $8000 benchmark as the daily trading volumes reach close to $6 billion. With this, Bitcoin posts 20% gains in the last one week.

Altcoin News, Bitcoin News, Cryptocurrency News, News

Crypto Market Blues: Why the Bear Run Shouldn’t Worry You and How You Can Still Reap Big Profits

By Maria Konash Jul 24, 2018 • 6 mins read

Amid high volatility of crypto markets that shift from bear to bull trends in a blink of an eye, knowing key principles of investing is a must which will certainly make difference.

Blockchain News, News

Payment System Underpinning British Banking and Trading to Become Compatible with Blockchain

By Darya Rudz Jul 24, 2018 • 2 mins read

The Bank of England is planning to modernize its Real-Time Gross Settlement system (RTGS) by 2020. The updated version will be compatible with blockchain-based financial technology forms.

Bitcoin News, Cryptocurrency News, News

SEC Gets Overwhelming Positive Comments On Bitcoin ETF Request

By Bhushan Akolkar Jul 24, 2018 • 3 mins read

More than 97% of people commenting on the SEC website have shown sincere interest in Bitcoin ETF. The SEC ruling is expected to arrive by September.