Automotive Advances With Blockchain Technology

The automotive industry is regarded as one of the more cutting edge sectors that often leads the way for new technologies such as artificial intelligence and autonomous systems. Blockchain is being seen as one such technology, and it is unsurprising that the industry is immersing itself in this new space. Car manufacturers have been quietly picking up on the blockchain phenomenon, trying to figure out different ways in which they can utilize the immutable ledger to their different needs. For example, on June 11, IOTA and Volkswagen demonstrated a proof-of-concept…

Cointelegraph Launches Aggregator Platform for DApp Discovery, Analysis

Tuesday, June 19, Cointelegraph is announcing the launch of an aggregator for decentralized applications (DApps), DApphub, for easy discovery and analysis of the growing number of DApps in existence. Cointelegraph’s DApphub allows crypto enthusiasts to view information about each DApp in one place, including a description, specifics about current status, developers, and popularity. DApphub’s listings can be arranged according to various criteria, including their Ethereum (ETH) balance and number of users, to determine a given DApp’s popularity. Any DApphub user can also submit a DApp to potentially be listed by…

Cambodian Regulators Say Dealing in Crypto Without License Is Illegal

Dealing in cryptocurrencies without obtaining a license from relevant authorities has been declared illegal in Cambodia, according to an official statement published Tuesday, June 19. The joint statement was first penned on May 11 by the National Bank of Cambodia (NBC), the Securities and Exchange Commission of Cambodia (SECC) and the General-Commissariat of National Police, and has now been publicly released on the NBC website: “Competent authorities clarify that the propagation, circulation, buying, selling, trading and settlement of Crypto Currencies [sic] without obtaining license from competent authorities are illegal activities.”…

Malaysian Gov’t Committee Partners With Korean Lab to Develop Sharia-Compliant Blockchain

South Korean blockchain lab IncuBlock has signed a Memorandum of Understanding (MOU) with a Malaysian government advisory committee for blockchain tech development permissible under Sharia law, local news outlet IT World reported yesterday, June 18. Blockchain tech has previously been used in terms of tracking halal foods, as UK-based HALAL TRAIL has begun using blockchain to track livestock and fresh food from farm to table through the halal food chain. The committee, Majlis Perundingan Melayu (MPM), will work with both IncuBlock and MPM’s international partner, Global Cornerstone Group, on sharing…

France Opens ‘First’ Blockchain Accelerator in Europe With 30 Participants

France became host to Europe’s first blockchain accelerator as Paris moves to become the “capital of ICOs,” Finance Magnates reports Monday, June 18. Chain Accelerator, a joint scheme involving around thirty cryptocurrency and finance entities and professionals, aims to offer mentoring to international blockchain startups. Among the list of participants in the blockchain scheme are Gatecoin CEO Aurelien Menant and HSBC head of digital innovation Diana Biggs, with more surprising participation from legacy finance parties such as former SWIFT CEO Leonard Schrank. The move comes against a backdrop of increasing…

Jack Dorsey’s Square Cash App Receives Tough BitLicense Approval – Crypto Currency News

Square, a payment processing tech company owned by Jack Dorsey, just announced that it has obtained a New York BitLicense. Square App is just the seventh company to receive this approval from the New York State Department of Financial Services (NYDFS). 🚨 Our customers in New York state can now buy and sell Bitcoin instantly with Cash App! https://t.co/4R0n5sbNpM 🚨 pic.twitter.com/1WzjiQ751I — Cash App (@CashApp) June 18, 2018 A Twitter user replied to the post with a question about sending and receiving Bitcoin and Cash Support responded to the question by…

Freedom of Press Foundation Starts Accepting Crypto, Sees $550K Donation on First Day

Nonprofit organization the Freedom of the Press Foundation (FPF) began accepting cryptocurrency donations June 18, opening its doors to Bitcoin and four altcoins. FPF, which formed in 2012, aims to support and protect free speech in the media, as well as campaign through whistleblower projects and raise awareness of threats to media publications. We are excited to launch a cryptocurrency donation page for @FreedomofPress, where we can now accept Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Zcash to support press freedom. https://t.co/P8q6aEZJ14 — Freedom of the Press (@FreedomofPress) June 18, 2018…

‘Poketoshi’ Game Brings Nintendo’s Pokemon Onto Bitcoin Lightning Network

Portuguese software engineer João Almeida has created ‘Poketoshi,’ a platform that allows users to play Nintendo’s popular Pokémon game on the Lightning Network (LN), The Next Web reports today, June 19. pic.twitter.com/8KzX6LYX04 — João Almeida (@joaodealmeida94) June 19, 2018 Lightning Network is a second-layer solution to Bitcoin’s scalability limitations, opening payment channels between users that keep the majority of transactions off-chain, turning to the underlying blockchain only to record the net results. Almeida’s Poketoshi uses LN together with the live streaming video platform Twitch, which allows users to interact with…

How the Video Card Industry Learned to Love Crypto Mining

With profits soaring for some of the world’s biggest GPU manufacturers, it’s clear to see that crypto mining has had a powerful, and perhaps even a lasting effect on the video card production industry. This sudden and sharp increase can be explained by the growth of cryptocurrency in the last two years, as crypto miners snapped up these GPU chips for use in their mining rigs. It’s almost impossible to believe, but only months ago video card producers were still brushing off miners. Now they embrace this new generation of…

Bitcoin, Ethereum, Altcoins See Mass Green as Crypto Markets Surge

The crypto markets are continuing to rise today, June 19, according to data from Coin360, after yesterday’s price spike leading to a gain of $13 billion in one hour following a week of lows. Market visualization from Coin360 Bitcoin (BTC) is now trading for around $6,749, up by almost 5 percent over a 24 hour period to press time. Bitcoin price chart. Source: Cointelegraph’s Bitcoin Price Index Ethereum (ETH) is also rising, up almost 9 percent over a 24 hour period to press time and trading for around $530. Ethereum…