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Consulting Giant Accenture’s New Patent Reveals Plans for Blockchain Logistics Innovation

Consulting giant Accenture has plans to use blockchain to upgrade its logistics network, a patent application published July 26 reveals. According to the document published by the U.S. Patent and Trademark Office (USPTO), the corporation wants to follow in the footsteps of various major players in leveraging blockchain to secure, speed up and increase the […]

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Canadian Cryptocurrency Miner to Install 85-Megawatt Power Substation

DMG Blockchain Solutions Inc., a diversified blockchain company, is in the process of installing an 85-megawatt transformer and electric substation for the company’s cryptocurrency mining facility, according to a company statement. The new substation is  commissioned to be operational by September 2018, with 60 megawatts available for energizing mining rigs. The Canadian company offers a range of […]

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‘I Dissent’ – SEC Commissioner Slams Winklevoss’ Bitcoin ETF Rejection

SEC commissioner Hester M. Pierce voiced her formal disagreement shortly after the US Securities and Exchange Commission (SEC) denied the application of Cameron and Tyler Winklevoss for a Bitcoin ETF.  SEC Commissioner Hester M. Pierce said in a public statement that the commission was wrong to disapprove the proposed rule change to list and trade […]

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Japan’s Cryptocurrency Self-Regulator Proposes Margin Capped Trading Rules

The Japan Virtual Currency Exchange Association (JVCEA), is set to propose margin capped trading rules, attempting to reduce the risks of the fluctuating market.  Earlier in April, the 16 registered cryptocurrency exchange services in the country came together to form the Japan Virtual Currency Exchange Association (JVCEA) – a self-regulatory body designated to sanitize the […]

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Iran Considers State-Issued Cryptocurrency Ahead of Imminent US Sanctions

Iran might soon take a page out of Venezuela’s playbook by launching its own state-issued cryptocurrency. The move is occasioned by the fact that the country is set to come under renewed economic sanctions from the United States.  Local Companies and the CBI Collaborating to Create a National Cryptocurrency According to local media sources, the […]

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