PYMNTS

AUGUST 11, 2019

New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. Bill S2297 explained that the task force will study potential uses for blockchain technology on the state and local level, with an emphasis on medical records, land records, banking, and property auctions as potential applications.

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PYMNTS

MARCH 1, 2020

House of Representatives Committee on Small Businesses is going to hold a hearing on the benefits of blockchain technology for entrepreneurs. ET, and will be called “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses.”. The hearing is set for Wednesday, March 4 at 11:30 a.m.

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CoinRemitter

NOVEMBER 8, 2023

Introduction Bitcoin halving is an event, which plays an important role in shaping the Bitcoin network. It focuses on controlling the rate of Bitcoin’s creation and maintains the scarcity of cryptocurrencies in return. Miners get newly created Bitcoins and transaction fees as a reward. in 2016 and 2020 respectively.

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PYMNTS

NOVEMBER 21, 2019

Paris-based Ultra , which has created its own blockchain, announced that French video game giant Ubisoft will become the first major gaming system to test out payments on its blockchain for gamers. The population of the country sees these capital controls are put in place, and then they’re going to look for a way around it.

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PYMNTS

APRIL 5, 2019

People who want to use UnionBank of the Philippines ‘s (UBP’s) new bitcoin ATM will need to have an account with the bank. For now, only bitcoin is being offered. Once that is achieved, the main nodes generating the proof can get rid of old blocks, if desired. We see CODA as way more than just payments.

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PYMNTS

FEBRUARY 28, 2020

To explore the positive impacts of blockchain on small businesses, the U.S. The “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses” hearing will be held on March 4 at 11:30 a.m. House of Representatives Committee on Small Business plans to hold a hearing next week.

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PYMNTS

SEPTEMBER 10, 2019

The world’s first blockchain-enabled smartphone will debut in Bangladesh , India. Bitcoin Blockchain Hack? Separately, bitcoin’s blockchain has been hijacked by malware installed that uses the network itself to repel attacks, according to Forbes. Telegram to Deliver (on Blockchain)? Finney will cost $999.

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Blockchain Blocks Bitcoin Privacy 73

PYMNTS

FEBRUARY 4, 2019

Pacific International Lines used the electronic Bill of Lading (e-BL) built on the IBM Blockchain Platform to complete a successful real-time tracking shipment of mandarin oranges from China for the Lunar New Year. Combining e-BL with blockchain technology will enable companies to reduce their document processing times to almost zero.

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PYMNTS

NOVEMBER 15, 2018

CIMB , a banking group that operates in countries such as Malaysia, Cambodia and Thailand, has inked a deal with Ripple in order to bring the company’s blockchain technology to its SpeedSend remittance offering, Cryptovest reported. SVPool reportedly mined the last “common block” – number 556,766.

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Bitcoin Payment APIs and Integration Blockchain Blocks 75

PYMNTS

SEPTEMBER 12, 2018

News came recently, when it comes to patents tied to the blockchain landscape, that Thomson Reuters found China, and Alibaba , to have had an outsized showing. Last year, 56 percent of all blockchain patents issued trace their genesis from China. Alibaba Bets On The Blockchain. Yet, blockchain remains an area of interest.

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PYMNTS

NOVEMBER 13, 2018

District Court against a hacker identified as “John Doe” for a reported bitcoin theft, Cryptovest reported. million in bitcoin, as well as other assets of a digital nature. He allegedly took roughly 617 bitcoin in April. He allegedly took roughly 617 bitcoin in April. The price of bitcoin as of Monday (Nov.

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Bitcoin Blockchain Blocks Research 54

PYMNTS

DECEMBER 30, 2019

Bitcoin investors are in for a halving event in 2020 that could potentially give their currency a boost , according to Bloomberg. A halving event refers to the process in which the reward that Bitcoin creators get for creating fresh bitcoins will be cut in half. Once, in 2012, the block reward went from 50 to 25 bitcoins.

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PYMNTS

NOVEMBER 12, 2019

Bitcoin payments app Fold has announced that its users can now get 3 percent back in bitcoin when they book a stay and experience on Airbnb. Fold allows its users to buy gift cards for bitcoin with 3 percent cashback, currently offering $25 or $100 gift cards on its website. And the U.S.

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PYMNTS

APRIL 29, 2019

Governments are betting on blockchain to power tourism in cities. The city’s infrastructure will be constructed reportedly through the help of blockchain, with a DMI platform and a DMI coin that will allow for payments of government services. There is also, of course, the blockchain technology.

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Blockchain Blocks SDN Governance 51

PYMNTS

JULY 23, 2020

In other news, Ant Group , the FinTech arm of Chinese eCommerce company Alibaba , has launched its own new blockchain brand called AntChain, according to The Block. In addition, the company launched AntChain Station, which allows business clients a faster way to deploy blockchain solutions, reportedly in as little as an hour.

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Scams Blockchain Cross-Border Blocks 62

The Paypers

APRIL 12, 2022

Blockchain company Blockstream has partnered with payments firm Block and Tesla to create a solar-powered Bitcoin mining facility in the US, according to edie.

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Bitcoin Blocks Blockchain Payments 34

PYMNTS

OCTOBER 14, 2019

China Construction Bank ’s vice president has revealed that the bank has added new abilities to its trade finance blockchain platform, including cross-chain and inter-bank transactions. The project will work to build a digital end-to-end trade finance and supply chain finance solution on a blockchain platform. “We

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PYMNTS

JUNE 29, 2020

CertiK , an auditing firm, wants to bring Internet of Things (IoT) devices onto blockchain through its new partnership with Hdac , CoinDesk reports. Hdac’s blockchain platform will work to combine the tight authentication, seamless mapping and machine-to-machine transactions with a network containing IoT devices.

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PYMNTS

MAY 28, 2020

Bitcoin transaction fees are simmering back down to ordinary levels after a heavy wave of them in early May, reports suggest. Earlier in the month, they had hit a high of around 201 BTC on May 21, reports from blockchain intelligence firm Glassnode say. The transaction fees are now around 80 BTC paid to miners on Tuesday (May 26).

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PYMNTS

FEBRUARY 3, 2020

Marshals Service is auctioning roughly $40 million in bitcoin, CoinDesk reported on Monday (Feb. The auction of 4,040 confiscated bitcoin — worth $37.7 Investor Tim Draper won nearly 30,000 bitcoin across 10 auction blocks. . million at press time — is for people who are registered to bid by Feb. This is the first U.S.

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PYMNTS

MAY 23, 2019

We have learned valuable lessons about our customers and the crypto market, and on how to design blockchain and crypto applications,” they said. In other news, Thailand‘s oldest bank, Siam Commercial Bank (SCB), will be experimenting with blockchain technology, powered by Ripple.

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PYMNTS

JUNE 6, 2019

Dutch billionaire John de Mol, who created the reality TV program “Big Brother,” is suing Facebook for allowing fake ads which used his name and image to commit bitcoin-related fraud that swindled 1.7 In other news, Vancouver’s mayor is suggesting the ban of bitcoin ATMs, as the city’s police called them an “ideal money laundering vehicle.”.

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PYMNTS

SEPTEMBER 22, 2019

Two firms are teaming up to create a blockchain solution for the European shipping market. VAKT , a specialist in commodity post-trade processing via blockchain, revealed that it has signed a memorandum of understanding with essDOCS , a provider of paperless trade solutions, according to Coin Telegraph.

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PYMNTS

OCTOBER 10, 2018

Bitcoin miners have around $4.7 TheNextWeb , citing blockchain research firm Diar , reported that based on the data, this marks the first time cryptocurrency mining businesses aren’t making money off their bitcoin mining efforts. The move implies that mining for bitcoin is becoming largely the domain of the big players.

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PYMNTS

MAY 14, 2019

Bitcoin, that marquee name in cryptocurrency, has seen its price swell by roughly that 60 percent number through the last few weeks, to about $8,000. Bitcoin got a huge jump on Monday (May 13), up 25 percent on the day, though there was no news specific to the cryptocurrency. Or to make one wonder why. As that happens, miners get 12.5

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PYMNTS

MARCH 31, 2017

This past week proved once again that it’s tough to be a bitcoin fan. In another blow to bitcoin legitimacy, the U.S. Securities and Exchange Commission (SEC) has denied the second bitcoin-based ETF bid up for consideration in the month of March — the Intercontinental Exchange, Inc.’s Well, as long-term as bitcoin value can be.

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PYMNTS

MAY 26, 2017

You’ve probably read a lot about bitcoin lately, as its value has been running a seemingly infinite victory lap this week and throughout 2017. But there’s more to bitcoin than stocks and price per coin. 182% | Increase in bitcoin value in 2017. 32| Countries where Coinbase, the world’s largest bitcoin company, has operations.

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PYMNTS

DECEMBER 1, 2016

Edmund John, founder and CEO of KYC-Chain, a Hong Kong-based security and authentication startup, believes that blockchain’s (the distributed ledger technology that powers bitcoin) two-factor authentication capability holds the key to offering the ultimate security solution for digital identity. A long road to acceptance.

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PYMNTS

JULY 9, 2020

Authorities in China have confiscated bitcoin, ether and tether worth more than $15 million and luxury cars from those who allegedly ran a purported cryptocurrency scheme, CoinDesk reported. It will also contemplate a block “to comply with a law, regulation or legal order from a duly recognized U.S. authorized authority, U.S.

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PYMNTS

DECEMBER 22, 2019

Patent and Trademark Office (USPTO) to make its blockchain faster and safer, Coindesk reported. According to the patent filing , one patent “will determine the update verification value of the node by using just the newly added data, not all the data in the block.” The other patent will “set up a validity period for a transaction.” .

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PYMNTS

AUGUST 18, 2017

In this year alone, we’ve seen bitcoin valued at just under $1,000 in January to over $3,000 in May and soaring over $4,000 this past weekend. One of the major factors impacting the most recent leap in bitcoin value is the recent hard fork to develop a new cryptocurrency dubbed Bitcoin Cash.

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PYMNTS

JUNE 8, 2020

In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported. Enterprise DLT solutions are the largest chunk of the total with 45 percent utilizing blockchain, while trading platforms make up 27 percent, and digital asset custodians comprise 14 percent of the total.

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IRS Distributed Ledger Technology (DLT) Blockchain Cryptocurrency 52

PYMNTS

MARCH 24, 2017

Bitcoin prices suffered further losses this past week. As the reality of the Securities and Exchange Commission (SEC) rejection sunk in, concern among investors has grown amid signs of an impending hard fork — a “great schism” of bitcoin, if you will. At the time of writing, one bitcoin was worth $1,039.93, up 0.24

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PYMNTS

MAY 26, 2017

An agreement to upgrade the speed of processing transactions propelled bitcoin to new heights on Thursday (May 25). Bitcoin’s Satoshi blockchain can only process so much data, and this was creating a backlog in transaction processing. It was first presented at the Bitcoin Scaling Conference in Hong Kong Dec.

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PYMNTS

MARCH 30, 2018

Bitcoin fell below $7,000 on Thursday (March 29) – and analysts expect sales of bitcoin and other cryptos to increase as the April U.S. The price of bitcoin was $6,826.68 The funding will be used for developing the startup’s coin and blockchain. tax deadline approaches, CNBC reported. as of 11:13 p.m.,

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PYMNTS

MARCH 23, 2018

Bitcoin fell below the $9,000 mark on Thursday (March 22), CNBC reported. Bitcoin was trading at $8,505.18 And Chinese eCommerce retailer JD.com plans to roll out a new blockchain-as-a-service (BaaS) platform, CoinDesk reported. And a new chatbot named Ben can trade bitcoin, TechCrunch reported. as of 4:24 a.m.,

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PYMNTS

NOVEMBER 6, 2019

6) that the Chinese government has stepped back from banning the mining of bitcoin and cryptos. The move should come as no surprise, given the public support of the country’s president, Xi Jinping, for blockchain development. Consider the fact that, at this writing, the price of bitcoin was actually down to about $9,311.

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