Headlines for the world of Cryptocurrencies - May 24, 2018
Ashton Kutcher And Ripple Donated 4M USD On Ellen DeGeneres’s Wildlife Fund
Ashton Kutcher who is both an actor and venture capitalist has teamed up with cryptocurrency startup ripple to make a surprise donation to Ellen DeGeneres’ Wildlife Fund.
The actor made the surprise donation in front of a live audience on nationally televised talk show of Ellen.
Instead of making the donation in the traditional way of showing a big check as a symbol of the donation, Ashton made the transaction during the show using his smartphone and sent $4M USD the Fund and let Ellen initiate the transaction with just a top of her finger to trigger the remittance.
Ashton is a bitcoin bull and have invested in other cryptocurrency initiative before.
Ripple on the other hand have been donating millions to non-profit organizations in recent months.
IBM TO Create 1,800 Jobs For Blockchain, AI and IoT In Two Years
In a summit, called Tech for Good in France, IBM CEO Virginia Rometty has announced that the Tech giant will create 1,800 jobs in France in the field of AI, Blockchain and IoT.
This is in line with their strategy of making France a “Center of Excellence” that will fill-in the much needed talent for the said industries.
IBM have been making its presence felt in Blockchain.
It partnered with Maersk to create a Blockchain-based shipping and supply chain venture last January.
In March, IBM revealed a Blockchain-powered microcomputer “cryptographic anchors” that they believe will be embedded in everyday objects and devices.
Coinjanitor and Deadcoin.com Partnership
Two of the biggest players in the initiative of cleaning up cryptocurrency space of dead or inactive cryptocurrency projects have joined forces.
In doing so the two initiatives can more effectively and efficiently achieve their purpose and allow the users of both platforms to leverage their tools and data.
This will enable each other’s communities to quickly identify dead crypto and initiate the cleanup process.
This is a prime example of two great initiatives teaming up to pool resources to achieve a common goal that is beneficial to the crypto community at large.
Tom Lee Cites Three Factor To Support $25,000 Price Prediction
Cryptocurrency bull and co-founder of Funstrat Tom Lee still believes that the price of Bitcoin will surpass previous all-time high price citing three factors to strengthen his position and attributing the recent market slump to typical crypto volatility.
First, Tom Lee believes that the production cost is at parity with trading price.
Second institutional investors has not fully entered into crypto space due to regulatory uncertainty.
Lastly, he said that historical trend shows that bitcoin’s price can be down 25% but always bounce back and can move to new historical highs.
Bank Of America Awarded With New US Blockchain Patent
The Bank of America is said to have been awarded patent by the US Patent and Trademark Office for system that uses time stamp and Security tokens that enables designated users to have access specific data blocks found in a Blockchain.
The patents state that there will be three components of the system namely: digital tagging for referencing specific blocks, security token to regulate access and time stamps that can be used to restrict access at certain period of time.
Bank of America has been of the leading financial institution in securing patents to a wide range of financial use cases.
It has done so in the hope that wat they patent today might be useful in the future.
Headlines for the world of Cryptocurrencies - May 23, 2018A UK Mosque To Accept Crypto Donations / New Guidelines On Cryptocurrency Derivatives / French Finance Minister Passionate About Cryptocurrency / Operation Crypto Sweep / Lower House Legislature of Russia Passes Cryptocurrency Rights Bill |
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Headlines for the world of Cryptocurrencies - May 22, 2018Spain Open For Direct Crypto Investment / Coinbase Has Almost As Many Customer As Fidelity Investments / UK-Based Forex Firm To Launch Crypto Exchange for Institutional Investors / First Institutional Cryptocurrency Exchange / WalMart Files For Blockchain Related Patent |
Headlines for the world of Cryptocurrencies - May 21, 2018BlockShow Europe 2018 Update / Man-Made Floating Pacific Island A Crypto Utopia / Fundstrat’s Lee Still Predicts $25K Price for Bitcoin After Failed Prediction / Bitcoin Price Jumps 200 USD / Cryptocurrency Market Increases To $392 billion Capitalization |
Great post...as usual. I think IBM is becoming more and more relevant again with their embrace of blockchain tech. I also find their partnership with Stellar (XLM) very interesting. Thanks for sharing!
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