Ethereum 

Privacy-Focused Coin Zcash Forks Into New Blockchain Network Ycash

Privacy-focused digital currency Zcash (ZEC) has forked into a new blockchain network dubbed Ycash, whose total supply amounts to 21 million coins. According to a tweet by the Ycash Foundation, the first block of Ycash was mined today, July 19, at 7:36:51 PM PDT. Ycash forked off Zcash blockchain at block height 570,000 and is independent from both the Electric Coin Company, the firm behind Zcash, and the Zcash Foundation. The Ycash project was initially announced in April, when the Ycash team member Howard Loo revealed in a forum post…

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Blockchain 

New Jersey Accuses Blockchain Firm of Unregistered Securities Sale

The State of New Jersey alleges that a blockchain-based online rental marketplace sold over $400,000 of unregistered securities. A complaint filed on July 17 accuses Pocketinns, Inc. and its president Sarvajnya G. Mada of offering and selling around $410,000 of unregistered securities in the form of a cryptocurrency dubbed “PINNS Tokens.” The tokens were sold through an initial token offering between Jan. 15 and Jan. 31, 2018. Neither Pockettins nor Mada have allegedly been registered with the state’s Bureau of Securities.  The defendants purportedly sold tokens to 217 investors in…

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Bitcoin 

Waves to Use Vostok as Utility Tokens for New Enterprise Blockchain Solution

Waves CEO Alexander Ivanov has announced a new department for enterprise projects that will be fueled by Vostok (VST) tokens.  According to a July 18 press release, Waves is opening a new company department called Waves Enterprise, which will employ a corporate blockchain solution of the same name. The Waves Enterprise solution is a management system for businesses that need to handle data sets containing private information. As per the report, VST tokens will be the utility token for Waves Enterprise, and will be exchanged for a variety of network-based…

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Blockchain 

IDEO’s Blockchain Accelerator Startup Studio Onboards Over 50 Mentors

Over 50 members, including officers from companies such as Ethereum Foundation, Blockchain Capital, and Messari, have joined blockchain accelerator Startup Studio backed by Fidelity. In a blog post published today, July 18, IDEO CoLab Ventures — which stands behind the blockchain accelerator program — revealed that over 20 leading organizations joined Startup Studio, bringing more than 50 mentors to the project for 2019. Announcing the new program members, IDEO wrote:  “last week you met our blockchain Startup Studio’s 20+ partner organizations […], today we’re excited to share the humans behind…

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Ethereum 

Social Innovations and Secret Conversations (on the Blockchain)

There’s a novelty in finding new ways to communicate through coded conversations and secret languages. How is this being implemented for good — or otherwise — on blockchains? Since its beginnings, blockchain technology has led to many movements, including the formation of a unique crypto community. This blockchain community is forming its own lexicon (including a more formal vocabulary that industry opinion-makers are creating and debating and Twitter-based crypto slang like hashtagging Lambos and Bitcoin whales.)  There is also another language that has developed, the one in blockchain platforms themselves…

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Blockchain 

NEO and Ontology Partnership Eyes Global Cross-Chain Blockchain Platform

Chinese blockchain platforms Ontology and NEO are partnering to create an interoperable protocol in a bid to spur development of the next-generation internet. A press release shared with Cointelegraph on July 18 revealed that the two blockchain firms intend to build an open, global cross-chain platform based on an interoperability protocol that would harness both companies’ strengths.  In reorienting the focus of their respective strategies to the task of full-fledged interoperability, NEO will work to develop protocols and components that can support a full spectrum of digital assets and Ontology…

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Bitcoin 

McDonald’s, Nestlé and Virgin Media Join Blockchain in Advertising Pilot

McDonald’s, Nestlé and Virgin Media have joined a new blockchain pilot seeking to increase transparency in advertising online. Developed by the Joint Industry Committee for Web Standards (Jicwebs) — a British United digital ad trading standards body — the new initiative aims to assess the potential of blockchain in the digital ad supply chain, as business media outlet Campaign reports on July 16.  First announced in May 2019, the Jicwebs’ blockchain-powered pilot is now joined by global industry giants’ respective media agencies, Zenith, OMD UK and Manning Gottlieb OMD, who…

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Bitcoin 

Reddit Co-Founders’s Fund Leads $3.75M Round for Blockchain Gaming Studio

Reddit co-founder Alexis Ohanian’s venture fund led a $3.75 million seed round for blockchain-powered video game studio Horizon Blockchain Games. According to a press release on July 17, Ohanian’s venture fund Initialized Capital led the new seed round alongside other major blockchain investors such as Polychain Capital and Digital Currency Group. Other investors included popular American crypto exchange and wallet service Coinbase, Golden Ventures and Inovia Capital. The secured funds will support Horizon’s goal of further integrating blockchain tech in the gaming industry. The company has created a blockchain video…

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Blockchain 

Tether USDT is Launching on a ‘Pure PoS’ Blockchain, Algorand

The Tether (USDT) stablecoin is about to be released on its fifth blockchain, Algorand, the company announced in a tweet published on July 17. Tether on a ‘Pure’ Proof-of-Stake Blockchain In a press release concerning the upcoming release of the stablecoin on the Algorand blockchain published by Tether, the company explains some characteristics of the chain.  According to Tether, Algorand is trying to develop a “public, permissionless proof-of-stake (PoS) blockchain with an open-source approach.” Tether’s chief technology officer, Paolo Ardoino, commented on the development, saying:  “Extending Tether into the Algorand…

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Blockchain 

IBM Triples Number of Blockchain Patents in US Since Last Year

Tech giant IBM has tripled the number of blockchain patents secured in the United States since last year, currently boasting over 100 active patent families. That makes IBM’s growth in US patents the largest of last, according to a report by BeinCrypto on July 16. According to data gathered by Yuval Halevi, co-founder of crypto and blockchain PR company GuerillaBuzz, IBM’s number of active patent families dwarfs other notable corporations. This includes some primary tech companies, such as Intel, Microsoft, and Dell Technologies: “In just 1 year the number of…

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