An Australian Blockchain Experiment: Tracking Global Almond Shipments

An Australian Blockchain Experiment: Tracking Global Almond Shipments Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built

Chamber of Digital Commerce Sets Out ICO and Token Guidelines

Chamber of Digital Commerce Sets Out ICO and Token Guidelines The Chamber of Digital Commerce’s Token Alliance is producing a new group of guidelines built to help the cryptocurrency and initial coin offering (ICO) markets grow responsibly. Released today as a whitepaper, the report is entitled “Understanding Digital Tokens: Market Overviews & Guidelines for Policymakers

Bitcoin Magazine’s Week in Review: ETFs and Expansions

Bitcoin Magazine’s Week in Review: ETFs and Expansions ETF’s are back in the news this week with the Winklevoss twins of Gemini getting rejected again, while investment firm Direxion was delayed till September on a final decision. Crypto continues to make inroads into the financially impoverished nation of Venezuela, with Dash now becoming more popular

Google Play Store Removes Mining Apps from Offerings

Google Play Store Removes Mining Apps from Offerings Google just nixed any app that mines cryptocurrencies from its Play Store. With a recent update to the store’s policies, the tech monolith rewrote its stance on cryptocurrency apps. We don’t allow apps that mine cryptocurrency on devices. We permit apps that remotely manage the mining of

Canadian Cryptocurrency Miner to Install 85-Megawatt Power Substation

Canadian Cryptocurrency Miner to Install 85-Megawatt Power Substation DMG Blockchain Solutions Inc., a diversified blockchain company, is in the process of installing an 85-megawatt transformer and electric substation for the company’s cryptocurrency mining facility, according to a company statement. The new substation is  commissioned to be operational by September 2018, with 60 megawatts available for energizing mining

Winklevoss Bitcoin ETF Proposal Denied by U.S. SEC

Winklevoss Bitcoin ETF Proposal Denied by U.S. SEC The United States Securities and Exchange Commission (SEC) has rejected the Winklevosses’ latest attempt to list a bitcoin ETF. After having a proposal rejected last year, the Gemini exchange founders had hoped to secure their Winklevoss Bitcoin Trust on BATS Global Market’s BZX stock exchange with this latest