Chinese tech firm Xunlei launches blockchain file system
Jul 09, 2018 11:51 am UTC| Digital Currency
Chinese cloud network provider Xunlei has launched the ThunderChain File System (TCFS) and three TRC Smart Contract Standards to support the development of blockchain applications. Earlier in April, the company had...
FxWirePro: ETH/USD downside capped by 10-DMA, consistent break above 500 to see minor bullishness
Jul 09, 2018 11:00 am UTC| Digital Currency Technicals
ETH/USD stopped short of 500 levels on July 8th and is currently trading at 480 levels at the time of writing (Coinbase). On the upside, a decisive break above key resistance at 500 levels would see the pair testing 525...
Blockchain startup Oasis Labs secures $45M from a16zcrypto, Binance and others
Jul 09, 2018 10:27 am UTC| Digital Currency
Oasis Labs has raised $45 million from prominent crypto and venture capital investors as it seeks to build privacy-first, high-performance cloud computing platform on blockchain. The latest funding round has drawn...
A look at the aftermath of RBI’s crypto ban; John McAfee lashes out at Indian central bank
Jul 09, 2018 10:01 am UTC| Digital Currency
The Supreme Court of India last week did not grant a stay on the Reserve Bank of Indias (RBI) circular prohibiting banks from extending banking services to cryptocurrency exchanges. The apex court heard one petition...
ULedger, Fetch.ai partner to combine blockchain and AI for autonomous IoT future
Jul 09, 2018 09:13 am UTC| Digital Currency Technology
U.S.-based ULedger and Fetch.AI, a UK-based firm backed by Outlier Ventures, have teamed up to reduce the inefficiencies associated with human involvement in the digital economy. Under the partnership, ULedger will...
Facebook appoints new director of engineering for recently announced blockchain division
Jul 09, 2018 07:25 am UTC| Digital Currency
Social networking giant Facebook has appointed Evan Cheng as the new Director of Engineering, Blockchain, TechCrunch reported July 5th. Facebook has confirmed the report. Cheng previously served as the director of...
FxWirePro: BTC/USD holds above 6500, break above 50-DMA to see minor bullishness
Jul 09, 2018 06:48 am UTC| Digital Currency Technicals
BTC/USD continues to hold its strength above 6500 levels and is currently trading at 6721 levels at press time (Bitstamp). The pair is largely unchanged on Monday and faces strong resistance at 6911 (50-DMA). A...
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