The Bakkt has started testing of its BTC futures platform along with the Intercontinental Exchange (ICE). Adam White, COO of Bakkt proudly said, “On July 22, two days after Apollo 11’s 50th anniversary, Bakkt will initiate user acceptance testing for its Bitcoin futures listed and traded at ICE Futures U.S. and cleared at ICE Clear US.”
The American government is getting hard on its crypto industry by imposing tax crackdown & stricter regulation, hence Russia, Belurus are planning to tap the situation to their favor. Nick Spanos, founder of Bitcoin Center NYC explained, “Bitcoin is pseudonymous, but fiat notes are anonymous, right now, we’re learning more and more about how US tax authorities plan to crack down on cryptocurrency users, but they’ve still yet to clarify their initial guidance issued back in 2014.”
The Prime Minister Mohammad Shtayyeh of Palestine made the announcement during opening of it emergency cyber response center, that the future of the country lies in an encrypted economy that will enable it to achieve its goal. The main target of this digital exercise is to to fight economic hardship levied on it by Israel and completely do away with the Israeli shekel from its economy.
A survey has been conducted by instant messaging application Viber has revealed that 49% of users in the United Kingdom and the United States have come out against the cryptocurrency backed by the social media giant. Their main concern is in regards to keeping their private information secure when using Libra. Though Facebook claims Libra & Calibra wallet will be secure, many experts & policy maker have opposite opinion.
Circle (a crypto payment company headquartered in USA) has announced that it has expanded to Bermuda with goal to reach non-US Poloniex customers. In its post, “We plan to serve non-US Poloniex customers with our new Bermuda operations, and we expect to offer many new digital asset services from Bermuda over time, we will also continue our existing operations in the US, Ireland, the UK, and Hong Kong.”
Gominer company (a crypto mining firm) has made public that it is going to offer their cloud mining service to the public. It has been in crypto mining business for past four years with Canada as its home base. They are also planning to built a social media platform for crypto mining community where the user can connect with each other making them able to share, post, send messages, post comments etc.,
The parent company of Mercedes Benz, Daimler is working with Riddle & Code, a blockchain firm, to create a hardware cryptocurrency wallet that works with cars. Ben Schwarz, head of communications at Riddle & Code commented, “Our short-term aim with this project is to build a DLT-based backend that can make car rental and fleet management more efficient. However, once vehicles become autonomous parties to a blockchain transactions, the marketplace is boundless.”
CertiK Foundation, a blockchain cybersecurity company has shared in an announcement that its native CertiK Chain blockchain has been launched. CertiK Chain reportedly aims to provide a comprehensively secure blockchain infrastructure. Apart from that, CertiKOS claimed to be a fully verified hypervisor / concurrent OS kernel which provides military-grade security against the hacking attempt
WISeKey, WISeCoin AG and the New Mingwah Blockchain Technology (Shenzhen) Co Join Hands To Improve CoinID wallet security
A partnership between WISeKey, WISeCoin AG and the New Mingwah Blockchain Technology (Shenzhen) Co. has been established with the aim in enhancing the security of their CoinID wallet. The CEO of WISEKey, Carlos Moreira explained, “Adding our unique layers of security to applications like CoinID is an integral part of our mission and strategy to ensure the integrity of emerging technologies and the security of their users.”
One of the largest blockchain firms in South Korea, ICONLOOP has shared in an announcement that they have successfully launched a blockchain-powered self-sovereign identity authentication service, DPASS. The CEO of ICONLOOP, Jonghyup Kim explained, “Users will be able to see how revolutionarily easy it would be when DPASS is aligned with various services and users can log in with one blockchain ID on those services.”