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Chinese Ecommerce Giant Opens Institute For Building ‘Smart Cities’ With Blockchain And AI

Chinese Ecommerce Giant Opens Institute for Building ‘Smart Cities’ With Blockchain and AI

A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28.Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development of…
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Will Luxembourg Become The First European Nation To Legalize Blockchain Tech?

Will Luxembourg Become the First European Nation to Legalize Blockchain Tech?

In a manner characteristic of European acceptance of adaptive technologies, Luxembourg’s latest move to seek the passage of a law to legalize the use of blockchain technologies with a third layer of security is unsurprising indeed! Building Technology leadership Europe has traditionally been the gate-keeper when it comes to adopting nascent tech, be it sustainable…
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Michael Arrington’s Hedge Fund To Cease Investing In US Startups After Subpoena

Michael Arrington’s Hedge Fund to Cease Investing in US Startups After Subpoena

NEWS Sep 29, 2018 at 10:29 UTC  |  Updated  Sep 30, 2018 at 02:35 UTC Digital asset management firm Arrington XRP Capital may be poised to cease funding any U.S.-based startups. Partner and founder Michael Arrington tweeted Friday morning that the company had "received a second subpoena" from the U.S. Securities and Exchange Commission (SEC) due to the…
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Two Men Arrested In Oklahoma After Stealing $14 Million Worth Of CMCT Tokens

Two men arrested in Oklahoma after stealing $14 million worth of CMCT tokens

Oklahoma City Police has arrested two young men who allegedly stole cryptocurrencies worth around $14 million from Crowd Machine Network, a crypto company based in California. The local news published on Saturday that the duo was busted on September 24 at an Oklahoma City west-side hotel, after the case was reported to the California internet crimes…
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Ripple Leads Crypto Coalition Seeking Gov’t Oversight Encouraging Crypto, Blockchain

Ripple Leads Crypto Coalition Seeking Gov’t Oversight Encouraging Crypto, Blockchain

Ripple will lead a group of crypto startups to lobby lawmakers and financial regulators in D.C. to support crypto and blockchain innovation, Bloomberg reported on Thursday, September 27.According to the report, the coalition of San-Francisco-based crypto firms is planning to pay Klein/Johnson Group, a bipartisan lobby group, to assist the crypto and blockchain community in…
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Precious Commodities: CFTC Shows Force Against Crypto Scammers, But Maintains ‘Do No Harm’ Approach

Precious Commodities: CFTC Shows Force Against Crypto Scammers, but Maintains ‘Do No Harm’ Approach

This week, a United States federal district judge ruled that an allegedly fraudulent crypto token meets the definition of a commodity. That brought the case under the Commodity Futures Trading Commission’s (CFTC) purview, which has long argued that virtual currencies constitute commodities. Here what it means — and how the watchdog has been supporting its…
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Cryptocurrency Markets Mainly See Red, Bitcoin Hovers Below $6,600

Cryptocurrency Markets Mainly See Red, Bitcoin Hovers Below $6,600

Saturday, September 29: crypto markets are mainly seeing red today, with only five out of the 20 top cryptocurrencies by market cap seeing some growth by press time, according to CoinMarketCap. The daily trade volume has dropped below $16 billion, currently amounting to $15.6 billion.Market visualization from Coin360Bitcoin (BTC) has failed to hold $6,700 support,…
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Bitcoin Magazine’s Week In Review: Under The Microscope

Bitcoin Magazine’s Week in Review: Under the Microscope

This past week saw a flurry of reports and analyses released by various agencies and companies, speculating on the roles — past and present — of cryptocurrencies and blockchain technologies. Two big names in the blockchain industry are being scrutinized as they attempt to grow, and we put two privacycoins, Monero and Zcash, under the…
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