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EOS has upgraded itself into the new year with a higher transaction speed. The latest version EOSIO V1.6.0 has brought about a 35 per cent boost. In an official blog, the company said it will improve the efficiency of the peer-to-peer networking layer besides real-time transactions to ultimately boost the overall speed. “Our own internal […]
Companies are catching onto artificial intelligence (A.I) and Tron (TRX) is no exception. HashAI is a new collaboration of DACC platform, content-based blockchain, and TRON. The new AI project will be launched on TRON’s dApp Ecosystem. An official statement by DACC says HashAI is an attempt to expand TRX payment scenarios with artificial intelligence. It […]
Cheap electricity has been attracting cryptocurrency mining businesses to the East Asian country of Mongolia. Now, this region has emerged as the centre of cryptocurrency mining activity. And Ginco, e-wallet Tokyo-based company, is the latest to be enjoying the fruits of cheap electricity. Mongolia offers lower electricity rates compared to China and Japan. Besides this, […]
Ripple has partnered with China’s Tsinghua University Institute of Financial Technology (THUIFR) to offer blockchain technology research scholarship program (BRSP). The program will focus on international regulatory policies and development of blockchain technology. Ivy Gao, THUIFR Director of International Cooperation and Development said students will have a comprehensive view of the latest regulations on blockchain […]
Saudi Arabia and the United Arab Emirates have unveiled the first of its kind pilot cryptocurrency cross border initiative. This new project is part of the Saudi-Emirati Coordination Council. And there is no doubt that this will also boost investor confidence in cryptocurrencies. The official statement says that the pilot cryptocurrency project focuses on cross […]
Bitfury, the firm that had made a foothold in Bitcoin mining, has ventured into the music industry with its own open-source platform, Bitfury Surround. The Chief Executive Officer of Bitfury, Valery Vavilov said the music entertainment industry has evolved into a complex, competitive and technologically-driven environment. Vavilov said they want to incentivize the growth of […]
The South African Reserve Bank (SARB) has implemented ‘light regulation’ for cryptocurrency. As per the new laws, cryptocurrency asset trading platforms, custodial service provider and payment service providers have to register with the Intergovernmental Fintech Working Group (IGFWG) which is formed by members of the Treasury and SARB. The newly imposed regulation is in line […]
The Stock Exchange of Thailand (SET) has eyed the digital asset operating licence to open a new digital asset exchange. Pattera Dilokrungthirapop, the vice chair of SET’s board of governor’s said they will be applying for the licence through the Finance Ministry. Dilokrungthirapop said the new exchange will be part and parcel of Thailand’s acceptance […]
The state of Wyoming in the Unites States of America has passed a new bill that now classifies cryptocurrencies as money. The new bill has broken down cryptocurrency into three categories, digital securities, digital assets and virtual currencies. Experts say the classification had been long due and has set the cryptocurrencies rolling forward. The Bill […]
The Organization for Economic Cooperation and Development (OECD) has called for greater clarity in the regulatory and supervisory frameworks applied to initial coin offerings (ICOs). In its latest report OECD (2019) Initial Coin Offerings (ICOs) for SME Financing, the world body stated that the ICOs must be allowed to deliver its potential for the financing […]
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