Categories
Blockchain

Elon Musk Jumps the Shark, Again, Promising the Tesla Roadster Will Fly

By CCN: Elon Musk is like clockwork. On a regular basis, as bad news hits Tesla or SpaceX, the tech entrepreneur pulls a rabbit out of a hat. This usually takes the form of some carnivalesque new product that will neither make it past a prototype nor see the promised release date. This past weekend,…

Categories
Blockchain

Blockchains Acquires Development Firm Behind ‘The DAO’ Project

Incubator and investment firm Blockchains, LLC acquires slock.it, a blockchain development team behind “The DAO” Read the original post: Blockchains Acquires Development Firm Behind ‘The DAO’ Project

Categories
Blockchain

Quest Patient Data Exposed: Could the Blockchain Have Prevented It?

By CCN: A major data breach has rocked Quest Diagnostics, exposing the personal details of nearly 12 million patients in the process. The incident, which was reported in a public filing, occurred on May 14 after centralized third-party billing company American Medical Collection Agency (AMCA) informed the diagnostic testing company about “potential unauthorized activity” on…

Categories
Blockchain

Tech Startup Fluree Raises Nearly $5 Million in Seed Round for Blockchain Database

Tech startup Fluree has secured almost $5 million from investors for a blockchain-based database system Read the original post: Tech Startup Fluree Raises Nearly Million in Seed Round for Blockchain Database

Categories
Blockchain

Walmart Follows Pfizer in Joining Blockchain Pharmaceutical Project MediLedger: Report

Walmart, a $220 billion retail giant, is expanding its blockchain expertise by joining blockchain-based pharmaceutical consortium MediLedger Read the original post: Walmart Follows Pfizer in Joining Blockchain Pharmaceutical Project MediLedger: Report

Categories
Blockchain

Dow Futures Collapses as Wall Street Screams Recession Alarms

By CCN: Dow Jones futures tumbled in early trading Monday as Wall Street firms triggered multiple recession warnings. The Dow is poised to open in the red as traders initiating a triple-digit selloff overnight. Risk-off mode is firmly engaged. JP Morgan Chase and Co. said the likelihood of recession in 2019 is now at 40…

Categories
Blockchain

Brazilian Banks to Implement New HyperLedger-Powered Digital ID Platform

Brazilian banks will be implementing a new standardized blockchain identity solution powered by Hyperledger Fabric, co-developed by IBM and the country’s central bank Read the original post: Brazilian Banks to Implement New HyperLedger-Powered Digital ID Platform

Categories
Blockchain

Major Utility Settlement Coin Project Raises $63 Mln for Commercial Realization

The Utility Settlement Coin project — led by some of the world’s leading banks — has established a new firm and completed a $63.2 million Series A financing round Read the original post: Major Utility Settlement Coin Project Raises Mln for Commercial Realization

Categories
Blockchain

Bitcoin SV (BSV) Price Spikes Another 19% But Nobody Knows Why

By CCN: Price of Bitcoin SV (BSV) is climbing higher despite carrying the most unfavourable fundamentals on its shoulders. The BSV-to-dollar exchange rate today rose 19-percent and established a fresh intraday high at $194.90 on Huobi. That took the pair’s net 23-day rise to more than 260-percent, adjusting its year-to-date gains to more than 160-percent…

Categories
Blockchain

Bitfinex Plans to Launch Lightning Network Support for Stablecoin Tether: Report

Lightning Network support for the tether stablecoin is reportedly set to be launched by major cryptocurrency exchange Bitfinex Read the original post: Bitfinex Plans to Launch Lightning Network Support for Stablecoin Tether: Report