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    Bitcoin Tycoon Li Xiaolai: China Will Become the Largest Market for Blockchain

    Li Xiaolai, a notable blockchain investor and bitcoin tycoon in China, recently has been appointed a manager of a $1.6 billion government-backed blockchain fund, dubbed “Xiong’An Global Blockchain Innovation Fund”. And in Wednesday evening, Li said in an interviewed with former Senior Vice President of Sohu.com, Fanggang, that he has no belief in bitcoin, and […]

    Blockchain Industrial Zone In Xinjiang To Host 100,000 Miners

    On April 9th, the Hangzhou Blockchain Industrial Park was officially launched by the Tunlan Investment and local government. Li Xiaolai, who is best known as the first Bitcoin Billionaire China, was the most prominent figure among those who were present. In June 2017, Li Xiaolaionce mocked that the funniest idea he heard recently was the […]

    Majority of US States Has Taken a Stance on Bitcoin and Blockchain

    Most US states have adopted some regulatory stance in regards to cryptocurrencies like bitcoin and the blockchain technologies behind them, according to a report by the Brookings Institution. The study classifies jurisdictions according to their attitude towards digital currencies and the levels of engagement with the underlying technology. Two Waves of Regulations in Four Years […]

    5 Most Interesting Areas of Blockchain Application beyond Financial Services

    The Blockchain is one of the most recent and most discussed topics without a doubt. It was introduced by a little-known person named “Satoshi Nakamoto” in 2008. Blockchains have raised swiftly in a recent year and still growing constantly – keeping pace with the rapidly increasing popularity of cryptocurrencies. Based on a March 2017 survey, […]

    China’s PBoC Institute Launches First Blockchain-based Registry Platform

    China Banknote Blockchain Technology Research Institute, a research institute under the People’s Bank of China (PBoC), has launched a blockchain-as-a-service (BaaS) platform for registry. It is the first BaaS platform issued by China’s central bank, which shows a positive attitude from Chinese government in promoting the development of this emerging Fintech. On 26th of March, the […]

    California Bill Aims to Recognize Blockchain Records

    The state of California has introduced a new bill that aims to recognize blockchain transactions, digital signatures, and smart contracts as a legal form of record. Assemblyman Ian Calderon introduced Assembly Bill 2658 on February 20 in order to re-define laws that apply to electronic records that take place within the state. California State Assembly […]

    Bush Security Advisor Warns Against Blockchain Cold War

    The man who helped invent the financial embargoes that cut off terrorist funding after 9/11 is concerned that cryptocurrencies could be used to undermine his creations. A former deputy assistant to U.S. President George W. Bush, and a former deputy national security advisor for combating terrorism, Juan Zarate is widely credited with helping create sanctions […]

    Startup Raises $20 Million to Build ‘YouTube on the Blockchain’

    Silicon Valley startup Lino is preparing to take on YouTube with a decentralized, collectively-owned video content distribution system that purports to cut out the middleman to more fairly compensate content creators. The company, which faces competition from Streamspace, Flixxo, Viuly and Stream, all of which are developing similar concepts, received a $20 million vote of […]

    JP Morgan Blockchain Spin-Off Raises $2.25 Million

    Smart contract startup Kadena has raised $2.25 million in a pre-A financing private-placement SAFT round for its new blockchain project. According to the startup, Metastable, Kilowatt Capital, Coinfund and Multicoin Capital all invested in Kadena through a private-placement SAFT round. The funding goes to support Chainweb, a project focused on scaling and security issues and realized […]

    SEC Chairman Signals a Storm Coming for Fly-by-Night Blockchain ICOs

    There may a storm brewing for shady companies intent on jumping on the blockchain bandwagon. Startups with no working product seeking to raise millions, or traditional companies rebranding themselves as blockchain connoisseurs are liable to attract the ire of the U.S. Securities and Exchange Commission. In a speech delivered in Washington on Monday, SEC chairman […]