Deloitte to Assist Insurance-Focused Blockchain Consortium to Expand Into Canada

‘Big Four’ audit and consulting firm Deloitte will help The Institutes RiskBlock Alliance blockchain consortium expand into Canada, according to an announcement published September 25. RiskBlock Alliance is a U.S.-based consortium launched in 2017, which focuses on the application of blockchain technology in the insurance industry, with more than 30 participant organizations. The alliance is reportedly looking to launch blockchain-based applications, including a proof of insurance app, which is “a first notice of loss data-sharing process and a smart contract-enabled subrogation tool.” In the coming months, Deloitte will reportedly help RiskBlock…

FedEx Joins Hyperledger Blockchain Hub, ‘Big Implications’ for Logistics

American courier delivery services giant FedEx has joined Hyperledger, an open-source project established to improve cross-industry blockchain technologies, according to a press release published September 26. Hyperledger, which is hosted by the Linux Foundation, enables organizations to build blockchain-based industry-grade applications, platforms and hardware systems in the context of their individual business transactions. In joining Hyperledger, FedEx has become one of over 270 members. Other member companies include IBM, Intel, Deutsche Boerse, and J.P. Morgan. Kevin Humphries, Senior Vice President, IT, FedEx Services said that blockchain technology has “big implications”…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, Dash: Price Analysis, September 26

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Though cryptocurrencies are stuck in a bear market, it hasn’t managed to scare away investors. A report by the Satis Group predicts digital currency trading volume to grow by over 50 percent in 2019. They also anticipate a compound annual growth rate (CAGR)…

Ripple Expat Jed McCaleb Ramps up XRP Sell-Off as Market Rallies

The co-founder of two of the six most valuable cryptocurrency tokens is capitalizing on a September rally to ramp-up the speed at which he cashes out of one of those assets: ripple (XRP). Why a Ripple Co-Founder is Cashing Out Jed McCaleb, instrumental in the launch of both Ripple and Stellar — as well as the cryptocurrencies associated with them — has in recent weeks increased the rate at which he is selling his remaining XRP tokens, which are meted out to him on a daily basis. McCaleb’s increased selling…

Walmart Demands Salad Growers to Use Blockchain for Food Safety

Walmart has advised its fresh, leafy greens producers to use blockchain technology to trace the movement of their products under its food traceability initiative, and to have all systems in place about one year from now, according to the company’s website. A letter to its suppliers noted the U.S. has suffered a multi-state outbreak of E coli linked to romaine lettuce, resulting in 210 confirmed cases, 96 hospitalizations and five deaths. Blockchain technology will make product information available in real-time throughout the supply chain from farm to table. Existing Process…

Crypto Mining Malware Grows by 86% in Q2, Over 2.5 Mln New Coin Miner Samples

The number of crypto mining malware attacks used by hackers has continued rising, with total samples growing by 86% in the second quarter of 2018, according to the latest threat report by cybersecurity firm McAfee Labs released September 25. In the report, cybersecurity experts stated more that than 2.5 million new malware coin miner samples were found in Q2. In comparison, the number of crypto malware attacks in Q1 amounted to around 2.9 million, which is a 629 percent rise from around the 400,000 samples found in Q4 2017. The…

Porsche Increases Investments in New Technologies With Focus on Blockchain and AI Startups

German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and artificial intelligence (AI) — by around $176 million over the next five years, according to a company press release published September 25. The increase in Porsche’s total investment in venture capital activities for next five years was prompted by the need to “gain access to trends, new technologies and business models,” the press release notes. The investments will be aimed at “early and growth” stage businesses that relate to “customer experience,…

Google Cryptocurrency Ad Ban Lifted

Big news has just been announced regarding the Google cryptocurrency ad ban. CNBC reported this morning that Google (NASDAQ:GOOGL) is lifting its ban on some cryptocurrency-related advertising and plans to allow regulated cryptocurrency exchanges to buy Google ad space in the US and Japan. This new policy will start October 1st, 2018. Google Cryptocurrency Ad Ban Google announced its plans to restrict cryptocurrency-related ads back in March of this year, but it did not go into effect until June. The company wanted to protect consumers from fraud. Even now, with…

Ukrainian National Bank Considering Launching State Digital Currency Tied to Local Fiat

The National Bank of Ukraine (NBU) is considering launching a state-owned digital currency based on blockchain, local news outlet Vesti Ukraine reported Tuesday, September 25. NBU says that the blockchain-based hryvnia, or e-hryvnia, has to be centralized and remain under government control, Vesti Ukraine writes. The state-backed coin is expected to increase the rate of non-cash payments, along with reducing their cost. Ukraine has brought up the “digital coin” idea several times already within the framework of project called the “Cashless Economy”. For instance, NBU had revealed plans in January…

Margin Trading, Explained | Cointelegraph

1. This is where you make trades using money borrowed from someone else – or a brokerage. While the potential rewards can be high, there are some sizeable risks that investors need to contend with too. Let’s start with an example using dollars. Imagine you have $50. Margin trading is where you leverage $500 based on this sum of money in your pocket. As you’d imagine, the principle in the cryptocurrency world is quite similar. Let’s say you want to buy Ethereum worth $1,000, but you’ve only got $500 available. Through…