Blockchain 

US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

United States telecom and media giant AT&T now accepting cryptocurrency for paying phone bills online, according to an official press release on May 23. AT&T will process bills paid in cryptocurrency using crypto payments platform BitPay. BitPay is a platform that converts cryptocurrencies to fiat and is used by over 20,000 businesses. AT&T is reportedly the first United States-based business in the wireless network industry to offer bill payments with BitPay. Kevin McDorman, vice president of AT&T Communications Finance Business Operations, said, “We have customers who use cryptocurrency, and we…

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Bitcoin 

Robinhood Zero-Fee Trading App Officially Launches in New York

American stock brokerage Robinhood Crypto has officially launched its zero-fee crypto trading app in New York, the company announced in a blog post on May 23. Following the acquisition of a BitLicense by the New York State Department of Financial Services (DFS) in January 2019, Robinhood now allows New York citizens to trade in seven major cryptos with no commission fee using its Robinhood Crypto platform. From now, the Robinhood Crypto service is available in 39 states in the United States, including California, Washington and Florida, among others. The Robinhood…

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Blockchain 

Blockchain Firm Raises $4 Million From Draper’s VC Fund to Provide Uncensorable Domains

San Francisco-based blockchain domains firm Unstoppable Domains has secured $4 million in a funding round backed by venture capitalist Tim Draper, co-founder Brad Kam told Cointelegraph in an email on May 23. Following a $730,000 seed round led by investment firm Boost VC, Unstoppable Domains has carried out a Series A round led by venture capital fund Draper Associates. The previous investment was completed in December 2018, a press release notes. The new investment funds will be used in the company’s mission to provide blockchain-powered uncensorable websites, as well as…

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Ethereum 

Grayscale Gets Regulatory Nod From FINRA for Ethereum Trust to Trade on OTC Markets

American digital asset manager Grayscale Investments confirmed its Ethereum Trust (ETHE) has gained regulatory approval from the Financial Industry Regulatory Authority (FINRA) for retail trading. The news was announced in a press release issued on May 23. Set to become the first publicly-quoted security based on Ethereum (ETH), ETHE received the go ahead from FINRA to trade on over-the-counter (OTC) markets. The product will follow Grayscale’s equivalent Bitcoin (BTC) and Ethereum Classic (ETC) Trusts, which are already publicly quoted. The launch remains subject to full compatibility with the Depository Trust…

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Blockchain 

Enterprise Ethereum Alliance Releases Report on Blockchain Use Cases in Real Estate

The Enterprise Ethereum Alliance (EEA) has detailed several blockchain use cases relevant to the real estate industry in a report shared with Cointelegraph on May 23. The document is reportedly the result of several months of work by the group’s members, which includes over 50 real estate companies. The report describes four use cases, the first of which is the idea of tokenizing properties to allow for more granular investment in an official way. The EEA also believes that blockchain has the potential to shorten the process of recording and…

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Blockchain 

Company Behind Fortnite Epic Games Partners With Blockchain Gaming Platform The Abyss

Epic Games, the company that developed successful videogame Fortnite, announced that it has partnered with blockchain game distribution platform The Abyss in a press release shared with Cointelegraph on May 23. The press release notes that the partnership will allow developers on the platform access to the Unreal Developers Network. Epic’s Unreal Engine requires developers to make quarterly payments equivalent to 5% of their returns, once they earned over $3,000. The engine is often employed by so-called triple-A or blockbuster games, and is known for being one of the engines…

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Ethereum 

Fake Crypto Wallet App Imitating Trezor Found on Google Play Store

Fraudsters have been adding fake cryptocurrency wallets to the Google Play store in an attempt to cash in on rising bitcoin (BTC) prices, ESET antivirus researchers claimed on May 23. One malicious app imitated the hardware wallet Trezor — and the investigation found that the software had ties to another fake app that has the potential to scam unsuspecting users out of money. While the app’s page on Google Play looked legitimate, the researchers said the software itself contains no Trezor branding at all, with a generic login screen phishing for credentials. According to ESET, more…

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Blockchain 

2020 Presidential Hopeful Swalwell Launches Crypto Donations Campaign

Eric Swalwell, a United States Democratic presidential candidate for the 2020 elections, has launched a crypto donations campaign, according to a press release shared with Cointelegraph on May 23. Swalwell, 38, announced his presidential bid on April 8. A fourth-term Member of Congress from California’s Bay Area, he serves on the House Intelligence and Judiciary committees and co-chairs the Democratic Steering and Policy Committee. Swalwell is also reportedly founder and chairman emeritus of Future Forum, a Congressional caucus of House Democrats that focuses on issues and opportunities for millennial Americans.…

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Blockchain 

Toyota, UTokyo and Trende to Test Blockchain-Based Electricity Trading System

The University of Tokyo, Japanese car manufacturer Toyota Motor Corporation and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct tests for a blockchain-powered electricity system. The news was revealed in an official Toyota press release on May 23. The pilot, scheduled for June 17, will reportedly test a peer-to-peer electricity system that allows homes, enterprises and electronic vehicles that are connected to the power grid to trade electricity using blockchain. The initiative will reportedly be focused on Toyota’s Higashifuji Technical Center and the surrounding area. As the…

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Blockchain 

Major Swiss Stock Exchange SIX Developing Stablecoin Pegged to the Franc

Financial service provider SIX is developing a stablecoin pegged to the Swiss franc, a company spokesman confirmed to Cointelegraph on May 23. The company is also planning to launch a blockchain-powered exchange for digital tokens in the second half of 2019, but the spokesman said he was currently not at liberty to discuss further details concerning whether the stablecoin will operate on that exchange. SIX also runs Switzerland’s top stock exchange — and earlier this month, a top executive revealed that the company is planning to issue its own tokens on the upcoming digital exchange.…

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