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Monthly Archives: May 2018

Opening Shop? Dubai Government Launches Blockchain Business Registry

Dubai’s government is turning to blockchain technology to pave the way for foreign investments and businesses to come into the city-state Emirate. In an announcement on Tuesday, the city’s Department of Economic Development (DED) has unveiled a joint blockchain endeavor alongside the Dubai Silicon Oasis Authority, labeled the ‘Dubai Blockchain …

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Chinese Crypto Giant Huobi Launches Billion-Dollar Blockchain Fund

Huobi Labs, a blockchain incubator that is part of the Huobi exchange, has signed an agreement with Tianya Community to build a “Global Cultural and Creative Blockchain Lab” in Hainan Province, China, alongside the launch of a billion-dollar industry fund that aims to back the blockchain industry globally. Under the …

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South Korea Bill Pushes Legalization of New ICOs after 2017 Ban

A group of lawmakers led by a politician from Korea’s ruling political party is drafting a bill to legalize the launch of new cryptocurrencies and ICOs in the country. According to a report by The Korea Times, Rep. Hong Eui-rak of the Democratic Party of Korea, the political camp in …

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Reddit to Re-Enable Bitcoin Payments, Ethereum and Litecoin Support Coming

Cryptocurrencies are set to make a comeback on Reddit. It is the largest community where cryptocurrency enthusiasts meet and discuss the technology. The Bitcoin subreddit has 816K subscribers, and Cryptocurrency subreddit has over 663K subscribers. But back in March, the platform disabled Bitcoin as a payment method for Reddit Gold …

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Major Cryptocurrencies Record Strong Gains, Ethereum Price up 7%, Bitcoin at $9,300

The cryptocurrency market has recorded strong gains once again over the past 24 hours, as the valuation of the market broke the $440 billion, moving one step closer to the $0.5 trillion region. Bitcoin, Ethereum, Cardano, Bitcoin Cash, and other major cryptocurrencies demonstrated large short-term gains. Ethereum Leads Market The …

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