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...
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...
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...
Digital Currency and Blockchain Weekly Round-up – July 6th, 2018
Jul 06, 2018 11:52 am UTC| Digital Currency
US IRS launches joint initiative with other countries to combat cryptocurrency tax fraud The U.S. Internal Revenue Service (IRS) has launched a joint initiative with its global counterparts to combat transnational tax...
South Korea to introduce classification system for domestic blockchain industry
Jul 06, 2018 09:16 am UTC| Digital Currency Technology
The South Korean government is going to announce this month a classification system for the domestic blockchain industry, CoinTelegraph reported referring to a report from local news outlet The BChain. The National...
Australia attracts IBM and Huobi for blockchain and cryptocurrency exchange setup
Jul 06, 2018 08:18 am UTC| Fintech Digital Currency Research & Analysis Commentary Insights & Views
There has been a five-fold rapid surge in the number of FinTech startups in Australia over the past 5 years and the sub-sectors encompassed have become more diverse, as per the reports of KPMG. Investment in the Australian...