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South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting. As part of its plan to spearhead innovative growth, the government will invest $4.4 billion in eight sectors which it views as critical … Read more
Japan: major messaging app LINE adds TRON to its BITBOX exchange and reveals venture fund details Go to Source Powered by WPeMatico
The Hong Kong University of Science and Technology Business School has received $20 million in funding for research on payment systems, including those using blockchain tech Go to Source Powered by WPeMatico
Hong Kong, 10 August 2018 – ExCraft, a cloud-native cryptocurrency exchange based in Hong Kong that implements a DAO governance ran by the users and pools, was launched today. ExCraft stands out by being a community and pool focused exchange, rewarding traders through a combination of “Proof of Existence” (PoE) and “Proof of Stake” (PoS) … Read more
Bitcoin mining firm Bitmain is now valued at $15 billion after closing a pre-IPO funding round with backing from tech giants Tencent and Softbank Go to Source Powered by WPeMatico
Public Korean gene sequencing firm Macrogen is developing a blockchain-based ecosystem to allow for the secure exchange and storage of genomic big data Go to Source Powered by WPeMatico
The Philippines government-owned Cagayan Economic Zone Authority (Ceza) is in the process of issuing more crypto licenses. Interest for the license by offshore companies “surpassed all our expectations,” Ceza administrator said. Seventeen firms have already paid in full; 19 more are in the pipeline. Ceza expects to earn about $68 million from crypto licensing. Also read: Yahoo! … Read more
Crypto hardware mining giant Bitmain plans an IPO overseas in a U.S. dollar denominated shares market, according to sources Go to Source Powered by WPeMatico
PALO ALTO, California — Propy, the global real estate store with a decentralized title registry, announced the successful execution of a historic real estate deal on the Blockchain in the State of California. With Propy’s Transaction Platform, every step of the deal was executed via Ethereum smart contracts, making this the first comprehensive blockchain-recorded property … Read more
A Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of … Read more
