Microsoft’s Search Engine Bing Says It Will Ban Crypto-Related Ads By July 2018

Microsoft-powered search engine Bing has joined other internet giants in announcing it will ban cryptocurrency-related advertisements on its network by July 2018, according to an official blog post today, May 15. According to the statement, the main reason for the company’s decision to ban “advertising for cryptocurrency” and “cryptocurrency related products” is the current unregulated status of cryptocurrencies, which allegedly increases risk for Bing’s users: “Because cryptocurrency and related products are not regulated, we have found them to present a possible elevated risk to our users with the potential for…

Winklevoss Crypto Exchange Wins Approval to Trade Zcash

The Winklevoss twins’ Gemini digital currency exchange has become the first in New York to receive a license to trade the privacy-focused cryptocurrency zcash. Alongside the news, Gemini announced support for trading zcash on Monday. Starting from May 19, Gemini users will be able to start depositing zcash (ZEC) into their accounts, the exchange said in a blog announcement. Trading will commence on May 22. Gemini will be offering three new pairs for trading the cryptocurrency: ZEC/USD, ZEC/BTC and ZEC/ETH. Eric Winer, VP of engineering at Gemini, said in the post: “We…

HTC Exodus to Be ‘World’s First Native Blockchain Phone’

Join our community of 10 000 traders on Hacked.com for just $39 per month. Smartphone manufacturer HTC is taking a major leap into the cryptocurrency ecosystem and wider blockchain industry. The Taiwanese firm on Tuesday unveiled the “HTC Exodus,” which it describes as the “world’s first native blockchain phone.” The Android-powered phone will be tailor-made to provide support for decentralized applications (DApps) like CryptoKitties, and it will feature a secure hardware enclave to provide users with access to a universal cryptocurrency wallet that is native to the device. The phone…

Consensus Summit NYC | Will It Create a Bull Run For Bitcoin Price?

The three day New York cryptocurrency conference kicked off on Monday. The Consensus Summit NYC see’s leading industry experts such as Twitter’s CEO Jack Dorsey, the Federal Reserve Bank of St. Louis President James Bullard and FedEx CEO Frederick Smith, talk about the emerging market and upcoming breakthroughs in the blockchain and crypto sphere.    The size of the conference has grown three times larger since last years, this alone is a positive signal regarding the utilization and growing potential of cryptocurrency. Almost 8,500 market experts and traders are attending…

World’s Fifth Largest Bank To Trial Own Cryptocurrency In 2019, Report Says

The banking unit of Japan’s Mitsubishi UFJ Financial Group (MUFG) plans to trial its own cryptocurrency as early as 2019, Cointelegraph Japan reports today, May 15. Cointelegraph Japan quotes local news media outlet NHK saying that a test phase of the cryptocurrency, known as MUFG Coin, could involve around 100,000 account holders. Currently the fifth largest bank in the world by assets, MUFG originally signalled its intention to launch a token in January this year, in so doing becoming the first Japanese bank to issue one. Plans for the move…

Coinbase Targets ‘$10 Bln’ Institutional Investor Market With New Suite Of Products

Major US crypto wallet provider and exchange service Coinbase has announced it is launching a suite of new products aimed at institutional investors, according to an official blog post today, May 15. The four products – Coinbase Custody, Coinbase Markets, The Coinbase Institutional Coverage Group and Coinbase Prime – all focus on alleviating major concerns that have allegedly caused institutional investors to hold back from entering the cryptocurrency space so far, such as security and regulatory compliance. Adam White, Coinbase vice president and general manager, was confident in telling CNBC…

Bitcoin To Hit $50,000 By Year-End: BitMEX CEO Arthur Hayes | CNBC

CNBC’s Seema Mody reports on the world’s largest bitcoin conference and Arthur Hayes, BitMEX CEO, discusses his outlook for the cryptocurrency. Included are CNBC’s Melissa Lee and the Fast Money traders, Pete Najarian, Tim Seymour, Dan Nathan and Guy Adami. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC…

Blockchain Company BitPesa Wants To Transform Payments In Africa | CNBC

Elizabeth Rossiello, BitPesa CEO and founder, discusses how her company allows customers to send and collect business payments between Africa and the rest of the world. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on…

Blockchain Is The ‘Next Frontier’ For Global Supply Chains

Delivery services multinational FedEx said it is “quite confident” blockchain has “big, big implications” for supply chains in a speech May 14, as it continues engagement with the technology. Speaking at the Consensus 2018 conference in New York Monday, FedEx CEO Fred Smith said that the time had come for businesses to ingratiate themselves with blockchain or face “probable extinction.” “We’re quite confident that it has big, big implications in supply chain, transportation and logistics,” he said during a panel quoted by Bloomberg and other sources, continuing: “It’s the next…

Platform Aiming to Identify Health Problems Using AI Launching Alpha Version Within Weeks

A blockchain-based platform which bills itself as the “future of artificial intelligence (AI) in healthcare” is preparing to launch an alpha version of its infrastructure within weeks. Skychain believes its diagnostics system – a “distributed open network” of artificial neural networks (or ANNs for short) – can identify conditions in patients and prescribe appropriate treatments in milliseconds, substantially reducing the risk of human error during the crucial diagnosis stage. By June, the company says early participants including hospitals, medical AI developers and healthcare data providers will have access to a…