Blockchain Insurtech Startup PAL Network Inks Partnerships with Toyota Tsusho and Allianz Malaysia

PAL Network, an insurtech startup using blockchain technology to offer smart contract-based insurance products, has signed two memorandum of understanding (MoU) agreements with Toyota Tsusho Corporation and Allianz Malaysia to develop proofs-of-concept (PoCs), the startup said on Wednesday. The partnership with Toyota Tsusho focuses on using PAL Network’s blockchain technologies to develop a PoC to […]

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Bithumb Holding Company Looks to Raise US$100M in Equity Crowdfunding Campaign

Blockchain Exchange Alliance (BXA), the Singapore-headquartered holding company of Bithumb, one of South Korea’s largest cryptocurrency exchanges, is looking to raise at least US$100 million in a Bnktothefuture equity crowdfunding. BXA holds 38.7% of the company that owns and operates the Bithumb exchange. The exchange claims 4.3 million active users and about US$1.4 billion in […]

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Coinfloor Spin-Off CoinFLEX to Offer Stablecoin-to-Stablecoin Futures Contract

Crypto futures exchange Coin Futures and Lending Exchange (CoinFLEX) will introduce stablecoin-to-stablecoin futures contract, offering Tether (USDT) against Circle’s USD Coin (USDC), the company said on a Monday. Established last year as CoinfloorEX, the platform will relaunch in February as CoinFLEX with Trading Technologies software and connectivity, and an Asian retail customer focus. It will […]

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BitTorrent Unveils Tron-Based Cryptocurrency

File-sharing software provider BitTorrent Inc. has announced plans to launch its own cryptocurrency which users will be able to use to achieve faster download speeds, the company said on Thursday. The BitTorrent token (BTT) will be issued by Singapore-incorporated BitTorrent Foundation on the Tron Network and will first be implemented into the Windows-based uTorrent Classic […]

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Thailand Develops Blockchain Tech for E-Voting

Thailand’s National Electronics and Computer Technology Center (NECTEC), a government organization responsible for information and communication development activities, has developed a blockchain technology for e-voting, according to a report by the Bangkok Post. The technology combines e-voting in close groups and traditional voting. When 5G is adopted, all voters will be connected to the platform, […]

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VC Fred Wilson Predicts “New Bullish Phase” in Crypto

In his annual post about the new year ahead, prominent venture capitalist and Union Square Ventures (USV) co-founder Fred Wilson predicts cryptocurrencies will enter a “new bullish phase” fueled by the many projects set to come to fruition in 2019. 2018 was a catastrophic year for crypto investors who witnessed the so-called Great Crypto Crash, […]

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Nearly 40% of Chinese Willing to Invest in Cryptocurrencies, Finds New Survey

Nearly 40% of Chinese are willing to invest in cryptocurrencies in the near future, according to findings from a new survey conducted by PANews. The study, which asked close to 5,000 Chinese people about their familiarly and interest in cryptocurrency, found that 98.22% have heard of at least one concept related to cryptocurrency or blockchain. […]

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Huobi to Launch Crypto Exchange Dedicated to EOS

Huobi Pool, Huobi Group’s cryptocurrency mining arm, will launch a EOS-dedicated cryptocurrency exchange in Q1 2019, the company said last week. The new exchange will allow users to trade EOS against “a number of other cryptocurrencies.” Cao Fei, CEO of Huobi Pool, said launching an EOS exchange “is simply the next logical step in our […]

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Canadian Tech Firm Partners with Sri Lanka Telecom for eSports, Blockchain Project

Canadian tech firm Ubique Networks Inc. has signed an agreement with Sri Lanka Telecom (SLT) to launch a blockchain-based eSports platform. The agreement was signed on November 14 at the official residence of the Canadian High Commission to Sri Lanka. The SLT eSports Platform will be powered by Ubique Networks’ Swarmio platform, a decentralized competitive […]

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Nucleus Vision Launches Payments Solution for Merchants nCash Pay

Blockchain startup Nucleus Vision has announced the launch of nCash Pay, a new crypto-based payments social for merchants powered by Nucleus Vision’s existing nCash token, the company said on Wednesday. nCash Pay enables online merchants to accept payments through nCash. The payments system can be integrated with any existing e-commerce platform via an API. nCash Pay […]

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