Chief Executive of US-listed Company Says China Must Lead on Blockchain

Chief Executive of US-listed Company Says China Must Lead on Blockchain

In a recent conference held by China’s Ministry of Industry and Information Technology, the chief executive of Xunlei, Chen Lei emphasized that he believes that there would be a blockchain leading the market. Chen said in the conference, “I think China needs to encourage and invest in building one for the nation.”

Bitcoin Price falls below $8,000

Bitcoin Price falls below $8,000

The bitcoin price has fallen below $8,000 level. It is reported that the price has dropped by 20% over the past two weeks leaving the crypto tough $7,876. CoinMarketCap data revealed that the XRP and Bitcoin Cash have also tumbled at $0.63 and $1,120 respectively. It is observed that all the top cryptos are…

Blockchain Development Solution HCL

HCL joins BiTA

HCL Technologies has signed in for Blockchain in Transportation Alliance (BiTA) to come up with blockchain solutions for the industry. Descartes, Daimler, FedEx, SAP and Uber Freight are already the associates of the BiTA project. VP and chief of Public Services and Manufacturing Business at HCL, Ajay Bahl stated that they would promote wide…

Bitcoin Exchange News Platform

Kidnappers demand Bitcoin to let free

Kathlego Marite, a thirteen-year-old from Mpumalanga, went missing from 20th May. A police official reported that three individuals kidnapped the victim and wrote a letter demanding the family to pay 15 billion in ransom for relieving Kathlego. The official also quoted that the family is not aware of Bitcoins and “they are devastated.”

Crypto Exchange Platform News

U.S. CFTC directs in Listing Virtual Currency Derivatives

The U.S. Commodity Futures Trading Commission (CFTC) published an advisory statement so as provide clarity for the exchanges and clearinghouses. The statement was subject to the listing of virtual currency derivative products. The release quoted, “CFTC staff will seek to provide additional guidance to help market participants keep pace with innovation while complying with…

Crypto Ripple Litecoin Exchanges News

TapJets enables Customers to pay by Ripple and Litecoin

TabJets Inc has added Ripple and Litecoin to its payment options by dropping Verge. The company enabling customers to submit a private charter request through their phones was accepting payments in Bitcoin and subsequently added Verge. It decided to add Ripple and Litecoin based on a poll which received 44% and 35% favorable votes…

Blockchain Development Solution News London

Blockchain Summit to be held in London on 13th June

CryptoCompare has associated with ADVFN and MJAC Disruptive Investment Conferences to put up a blockchain event in London. The blockchain summit is scheduled to happen on 13th June at Old Billingsgate, London. The event is expected to propel information on the blockchain technology, crypto exchanges, procedures for listing coins, mining and such others.

Blockchain Development Solution Market News

Blockchain Bill in Ohio

Senate Bill 300 has been proposed by Senator Matt Dolan. The bill claims to recognize blockchain records and smart contracts as electronic records under the Uniform Electronic Transactions Act. It is reported that the passing of the bill into law would help Ohio state follow Arizona and others for acknowledging blockchain and smart contracts…

Crypto Exchange Trade Market News

Commission Warns over Five Unlicensed Crypto Firms

The Ontario Securities Commission has warned that five unauthorized crypto entities have been invading investors to trade in their schemes. Btcreal, Bitserial, Hypercube Ventures LP, Cabincoin OU, and Baappay Inc were not licensed to promote and solicit funds for crypto trading. The commission exclaimed that any platform that offers crypto services should classify it…

Bitcoin Exchange Liverpool News

First Liverpool’s Bitcoin ATM starts its Operation

Collaboration made between a UK digital currency firm and Herman Vapes, Alphavend has successfully brought a Bitcoin ATM to Liverpool. The spokesperson from Herman Vapes said, “We are really excited to be the location chosen by Alphavend for the first ever Bitcoin ATM in Liverpool, and we are sure it will attract plenty of…