Tag Archives: Blockchain News

Top Stablecoin ‘Basis’ May Shut Down Due to Regulation, What Went Wrong?

Advertisement On December 13, Frank Chapparo at The Block reported that Basis, a crypto stablecoin project that raised around $133 million in April, is terminating its operations and is in the process of returning the capital it raised to its investors. The project was funded by some of the largest venture capital firms in the technology space including Andreessen… Read More »

Opera Rolls New Blockchain-Oriented Browser To Interact You With Web 3.0

During the Hard Fork Decentralized Event in London which was held for three days (December 12 -14), Opera announced the launch of cryptocurrency wallet on its Android App. Opera’s new blockchain oriented browser is particularly built to help users browse with the decentralized web or Web 3.0. First Browser with Decentralized Mechanism This is the first of its… Read More »

$133 Million Stablecoin Project of Basis is Reportedly Shutting Down

The Basis stablecoin project which had raised over $133 Million in venture capital, is reportedly shutting down and returning a vast majority of the funds to investors. Unlike other projects shutting down due to the bear market, Basis is shutting down due to regulatory hurdles as it tried to get the stablecoin project up and running. Backed by Bain… Read More »

HTC Exodus 1 Blockchain Smartphone Will Ship with Brave Browser

Advertisement The Exodus 1 is HTC’s cryptocurrency and blockchain oriented phone. It’s designed as a native blockchain mobile and to work securely with cryptocurrency and decentralized applications (dApps). Revealed in a recent tweet by co-founder Brendan Eich, who also developed the Firefox Mozilla browser, Brave will be HTC’s default browser. We are very happy to have @Brave as… Read More »

IBM Looking to Provide Blockchain Solutions to India’s Telecommunications Operators

Advertisement Tech giant IBM has hinted that telecommunication firms in India could soon be using blockchain solutions in mobile number portability and in the Do Not Call registry. According to the IBM Research vice president and CTO of IBM India/South Asia, Sriram Raghavan, the tech giant could launch blockchain solutions focused on Do No Call registries and mobile… Read More »

Pro-Crypto French MPs Want to Invest 500 Million Euros to Make France ‘Blockchain Nation’

Advertisement Two pro-crypto members of the French Parliament (Parlement français) want the country to invest up to 500 million euros in blockchain programs to elevate France as a “blockchain nation.” Deputies Jean-Michel Mis and Laure de La Raudière released a report on Dec. 12 outlining 20 proposals to support the development and mainstream adoption of blockchain, according to… Read More »

62% of Auto Execs Believe Blockchain Will Disrupt Industry within 3 Years: IBM Study

Advertisement The auto industry is betting big on blockchain. In fact, a whopping 62% of auto executives say the technology underpinning bitcoin will be a disruptive force in the industry by 2021. Moreover, 95% of carmakers plan to make “moderate to significant” blockchain investments over the next three years, according to a report by the IBM Institute for Business… Read More »

Samsung Could Be Developing a Bitcoin (BTC) and Crypto Wallet App for The Galaxy S10

News reaching Ethereum World News from The Block and SamMobile.com indicate that the giant electronics and smart-phone manufacturer of Samsung, might be working on integrating a Bitcoin (BTC) and cryptocurrency wallet into its unreleased Galaxy S10 device. According to SamMobile, Samsung’s new cryptocurrency service will have two parts: A cold wallet for saving cryptocurrency, public and private keys… Read More »

Samsung Files for Cryptocurrency Trademarks in the EU For Smartphones

Advertisement Electronics giant Samsung has filed applications for three blockchain-related trademark requests for smartphones. Based on the descriptions provided by the company, the three European trademark requests relate to providing crypto custody services on smartphones, which indicates that Samsung may be planning to make its entry into the ‘blockchain smartphone’ market following the recent release of HTC’s Exodus 1… Read More »

Vermont Government Forms Working Group to Explore Blockchain Technology

Advertisement The second-smallest state in the United States by population has formed a working group consisting of state agencies with a view toward studying blockchain technology. This was announced by Vermont’s attorney general, T.J. Donovan, who disclosed that the blockchain working group would commence work next year in January. The working group — which will seek input from… Read More »