cryptocurrency

Zim Ties Up WIth TradeLens blockchain platform

Zim Ties Up WIth TradeLens blockchain platform

Zim has joined the TradeLens (a Maersk-IBM blockchain platform) with the aim to digitize global trade transaction documentation process. Eyal Ben Amram, ZIM CIO, said, “ZIM endorses a proactive approach of promoting and investing in innovative digital solutions, such as the pioneering blockchain-based electronic Bill of Lading initiative, in collaboration with Wave Inc, and the recent investment in Ladingo, a ground-breaking e-commerce solution,”

Trump Tax On Remittance Nudges Crypto Adoption

Trump Tax On Remittance Nudges Crypto Adoption

President of United States Of America Donald Trump has proposed a new remittance tax, which will push immigrant to adopt cryptocurrency to send money outside the country. Kris Kobach, Kansas secretary of state explained, “The threat if we follow through on it. That is the threat of ending remittances from the majority of people in the United States from Mexico who are here illegally.”

Syrian Jihadist Plans to Use Bitcoin To Raise Fund

Syrian Jihadist Plans to Use Bitcoin To Raise Fund

Hayat Tahrir al-Sham (HTS), a jihadist group in Syria is aiming to use bitcoin for its nefarious purposes and to promote it to its followers. The group at present gets most of its funding through taxes and tariffs on residents in areas under its control. They’re the most powerful remaining opposition force still committed to ousting the country’s president, Bashar al-Assad.

Pascal B. van Knijff Appointed As CSO of CryptoDaily

Pascal B. van Knijff Appointed As CSO of CryptoDaily

A free-to-publish cryptocurrency news portals and media networks, CryptoDaily has announced that it has appointed Pascal B. van Knijff as its Chief Strategy Officer (CSO). The founder of CryptoDaily Said that, “Armed with his hands-on experience, proven expertise and a healthy dose of curiosity I am sure Pascal will help propel CryptoDaily to the next level in our quest to become the leading free source of information for the Blockchain economy,”

Litecoin Integrated To Sportsbet.io

Litecoin Integrated To Sportsbet.io

The players in the Sportsbet.io are now given option to deposit, play, win, and withdraw in Litecoin along with Bitcoin, Ethereum, and other 11 traditional fiat currencies. Joe McCallum, director of Sportsbook at Sportsbet.io, said: “Every step we take at Sportsbet.io is made with our players in mind, it only makes sense to integrate more currency options, fiat and crypto, to make our site even more fun, fast and fair for all.”

Smart Contract Language Merged With Hyperledger By Digital Asset

Smart Contract Language Merged With Hyperledger By Digital Asset

Digital Asset (a Blockchain software company) has integrated their smart contract language DAML with Hyperledger Sawtooth (a DLT modular platform). The firm explained on the integration: “Hyperledger Sawtooth’s Transaction Processor has a very flexible approach towards roles and permissions, for example, and is based on a very natural DLT network topology of fully distributed peers. DAML is based on a permissioned architecture and Hyperledger Sawtooth can be configured to be permissioned without requiring special nodes,”

Permission For Treasury Bond-Backed Stablecoin Startup Seeks To SEC

Permission For Treasury Bond-Backed Stablecoin Startup Seeks To SEC

A digital asset management startup located in Los Angels, Arca is seeking Securities and Exchange Commission (SEC) approval to sell a new type of stablecoin to retail investors. In its document: “It is therefore anticipated that the underlying portfolio, and the NAV of Arca UST Coins, will have relatively little volatility. Although holders of Arca UST Coins could experience greater NAV volatility compared to typical stablecoins, such volatility will be relatively limited.”

Building Home in Sea Puts Thai Bitcoin Trader’s Life At Risk

Building Home in Sea Puts Thai Bitcoin Trader’s Life At Risk

Chad Elwartowski, a rich Bitcoin trader has built his platform house off the coast of Phuket. But Authorities suspect he attempting to create an independent state and threaten the sovereignty of Thailand. The Bangkok Post also reports that crypto traders are leading the charge to “establish micronations,” exploiting a loophole in international law, thereby making the local authorities toothless against him.

Bitcoin Comes To Aid Notre-Dame Cathedral

Bitcoin Comes To Aid Notre-Dame Cathedral

One of the iconic building in France Notre-Dame Cathedral had suffered major damage from the recent fire accident. Though brought under control millions of euros worth of architecture and artwork has reduced to ashes. But French Bitcoin advocate, Gregory Raymond as applied to freanch crypto community, in his tweet: “Hey bitcoiners, let’s prove to the french authorities Bitcoin can be an amazing way to send funds quickly, without border and for a good cause!”

ShapeShift Delists Bitcoin SV, Kraken May Follow

ShapeShift Delists Bitcoin SV, Kraken May Follow

The Binance has announced that it will de-list bitcoin SV, from April 22, Erik Voorhees, CEO of ShapeShift (an anonymous exchange) said that his exchange had also decided to delist Bitcoin SV. This move propelled Kraken to conduct a Twitter poll, whether they should join the delisting move. Calvin Ayre, founder of CoinGeek said, “The decision to delist bitcoin SV seems to be based on the fact that they don’t like one scientist that works on the platform.”