President of Jump Crypto steps down

As blockchain technology increasingly gains traction in the airline industry, another major international air company has announced a blockchain project.Flagship global airline KLM Royal Dutch Airlines is applying blockchain technology to facilitate intercompany settlements process with its subsidiaries.Part of one of the world’s biggest airlines, Air France-KLM, Royal Dutch Airlines has partnered with Dutch software…

South Korean technology behemoth LG applied for the “ThinQ Wallet” trademark with the United States Patent and Trademark Office (USPTO) on July 2, data published on the official office’s website shows.According to the filing documents, the trademark is for services concerning transaction and settlement services, mobile banking, “issuance of cyber money,” and “payment application software…

Economist and notorious cryptocurrency critic Nouriel Roubini said that “cryptos is the mother and father of all bubbles” at the Salt conference in New York. CNBC reported on Roubini’s declarations on May 9.During the conference, Roubini also reportedly said that bitcoin (BTC) and other crypto assets should not be called cryptocurrencies. According to him, “cryptocurrency…

A new blockchain-based e-commerce marketplace claims its centralized rivals are harming the sector by overcharging buyers and unfairly treating merchants — and plans to launch a new model, offering “complete shopping protection, data security and minimal commission.” ApolloX says it is hoping to challenge “monopolistic intermediaries” with an ecosystem consisting of three building blocks. The…

Fresh analysis from KPMG shows that blockchain investment in the U.S. in the first half of 2018 has exceeded the overall total seen in 2017, according to its biannual “The Pulse of Fintech” report released today, July 31. KPMG is one of the world's largest auditing firms, collectively known as “The Big Four” — alongside…

After failing to reclaim the $50,000 level, BTC faces renewed selling pressure in the short term. However, short-term headwinds don’t negate the bull market. 8433 Total views 35 Total shares Bitcoin (BTC) price slipped below $46,000 on Sunday for the second time in four days, raising the specter of a deeper short-term correction for the…

British cryptocurrency exchange Coinfloor is laying off the majority of its staff, news outlet Financial News reported Oct. 8.    Coinfloor is a London-based digital currency trading platform founded in 2013. Coinfloor is reportedly the oldest crypto exchange in the U.K. and is focused on institutional and sophisticated investors. According to CoinMarketCap, Coinfloor’s daily trading volume…

Tech giant Dell EMC Technologies plans to remain a leader in the Indian server market by introducing products that have blockchain capabilities, local news outlet Economic Times India reports September 26.Dell has identified blockchain, artificial intelligence (AI), data analytics, and cloud-compliance as key features that the firm will push forward with in order to retain…