FxWirePro: ETH/USD rangebound below 500, bias remains bearish
Jun 18, 2018 11:18 am UTC| Digital Currency
ETH/USD is trading in a close range on Monday, just shy of 500 levels at the time of writing (Coinbase). The pairs upside is capped by 511 and a break above would see the pair 538 (3h 100-SMA)/552 (20-DMA). Further...
US DHS awards $192k to blockchain startup Factom
Jun 18, 2018 10:54 am UTC| Digital Currency
Blockchain startup Factom has been awarded $192,380 by the U.S. Department of Homeland Security (DHS) Science and Technology Directorate (ST) to begin beta testing of a capability that uses blockchain technology to secure...
Blockchain firm R3 sets the record straight on financial position
Jun 18, 2018 09:58 am UTC| Digital Currency
R3 CEO David E. Rutter has issued an official statement in response to a recent report on the blockchain initiatives alleged financial troubles. Calling the report negative and inaccurate, Rutter said: We were...
Insurance industry initiative B3i to use R3’s Corda blockchain platform
Jun 18, 2018 09:08 am UTC| Digital Currency
The Blockchain Insurance Industry Initiative (B3i) will leverage R3s Corda blockchain platform to build its applications and business network. Launched in 2016 by Aegon, Allianz, Munich Re, Swiss Re, and Zurich, B3i...
FxWirePro: BTC/USD rangebound, upside capped by 10-DMA, bias bearish
Jun 18, 2018 07:32 am UTC| Digital Currency
BTC/USD is trading in a close range on Monday with its upside capped by 10-DMA. It is currently trading at 6433 levels at the time of writing (Bitstamp). On the topside, the pair faces resistance at 6524 (3h 50-SMA) and...
Indian state of Kerala to use blockchain to improve supply chain process
Jun 18, 2018 06:50 am UTC| Digital Currency
The government of Indian state of Kerala is undertaking a new project aimed at streamlining the purchase and distribution network of milk, vegetables and fish in the state using blockchain technology, according to the...
Korean Standards Association partners with Walton Blockchain Institute
Jun 18, 2018 05:58 am UTC| Digital Currency
The Korean Standards Association (KSA), a public organization under South Koreas Ministry of Trade, Industry and Energy (MOTIE), has entered into a partnership with the Walton Blockchain Institute in order to foster...