Blockchain 

Power Ledger Strikes Deal to Roll Out Blockchain in South Australia

Australian blockchain energy firm Power Ledger has partnered with a local energy retailer to roll out its technology in South Australia. Power Ledger’s blockchain-based software will allow Australians to pool their excess solar and battery storage to a Virtual Power Plant for greater control and management over their energy. Commercial deal with Australian electricity wholesaler Powerclub Within the partnership, Power Ledger will be integrating its blockchain-based energy trading application Virtual Power Plant (VPP) to a commercial offering of Australian electricity wholesaler Powerclub, the firm announced Nov. 7. Similarly to other…

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Blockchain 

Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank

Multinational telecommunications and consumer electronics giant Huawei has signed a strategic cooperation agreement with China’s central bank, the People’s Bank of China (PBoC). According to a statement from Huawei’s WeChat channel on Nov. 4, PBoC deputy governor Fan Yifei attended the signing of a fintech research cooperation agreement between Huawei and PBoC’s Digital Currency Research Institute at Huawei’s headquarters in Shenzhen. The announcement did not mention details regarding the agreement, or whether it includes joint research on blockchain technology or digital currencies. Huawei has not responded to Cointelegraph’s request for…

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Blockchain 

Deutsche Börse Aims to Ease Digital Securities Transfer With New Deal

The venture capital arm of German marketplace Deutsche Börse has sealed a new partnership for allowing institutional investors to obtain digital securities. Deutsche Börse pushes regulated digital securities In a press release on Oct. 30, Deutsche Börse Venture Network (DBVN) confirmed the deal with local fintech company Cashlink, the benefits of which will be available immediately. From now on, investors with DBVN will be able to complete the funding process entirely digitally using tools based on so-called distributed ledger technology, or DLT. The digital securities will automatically have the same…

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Bitcoin 

Bitcoin Price Back Above $8K as Pound Sterling Rises on Brexit Deal

Bitcoin (BTC) climbed back above $8,000 on Oct. 17 as news the United Kingdom had agreed on a deal with the European Union over Brexit ricocheted through markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin Price Reclaims $8K Data from Coin360 showed Bitcoin behaving more like the pound sterling (GBP) on Thursday, gaining 1.3% against the dollar to trade around $8,100. Previously, its trading range had remained under the $8,000 boundary since arriving there on Wednesday amid heavy selling pressure.  As has become characteristic of Bitcoin in recent months, sudden…

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Ethereum 

Ex-Ethereum Advisor Nerayoff Loses Techstars Deal After Extortion Charges

Startup accelerator Techstars has cancelled its year-old partnership with the firm owned by early Ethereum advisor Steven Nerayoff. Techstars ditches the joint accelerator According to cryptocurrency news outlet The Block on Oct. 8, Nerayoff’s arrest on suspicion of extortion had forced Techstars to reconsider its association with Alchemist, a blockchain advisory startup. The two joined forces in July 2018, creating the Alchemist Blockchain Techstars Accelerator based in New York. Last month, Nerayoff was arrested in connection with the alleged plans to bring down another United States startup. Together with Michael…

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Bitcoin 

Unconfirmed: Bithumb Acquisition Deal Might Be ‘Off’

Overseas investors are reportedly likely to step in to acquire South Korean crypto exchange Bithumb due to alleged difficulties with payments in its existing acquisition deal. As Cointelegrap reported previously, BK Global Consortium, a firm headed by one of South Korea’s leading plastic surgeons, closed a deal in Oct. 2018 to acquire 50% plus one share of BTC Holding Co. — the largest investor in Bithumb’s operator — for 400 billion won ($352 million). However, a fresh report from local news agency Yonhap on Sept. 30 suggests that BK Global…

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Bitcoin 

3 Reasons Why Today’s Bitcoin Product Launch Is a Big Deal

Following the launch of Bakkt’s Bitcoin (BTC) futures, the company listed three reasons why the event is an important milestone for the industry. In a statement on Sept. 23, Bakkt CEO Kelly Loeffler emphasized that the successful launch of Bakkt Bitcoin Futures contracts is the first time when United States-regulated physically-settled Bitcoin futures became available. Loeffler pointed out that the sole fact that such a product now exists may matter more than the precise details of the initiative. Loeffler: Regulated markets accelerate the adoption of digital assets Stressing that the…

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Ethereum 

Phillipine Government Tech Department Signs Deal With Blockchain Firm

The Department of Information and Communications Technology (DICT) of the Philippine government has signed a Memorandum of Agreement (MoA) with U.S.-based blockchain firm Monsoon Blockchain Storage, according to a report by GMA News Online on June 19. The MoA reportedly stipulates that Monsoon is to act as a blockchain consultant and advisor to DICT, offering services such as cost-benefit and socio-economic analyses regarding blockchain solutions in the Philippines. DICT Acting Secretary Eliseo Rio Jr. commented on how the MoA will benefit the Philippines, saying it will “directly benefit our continuous…

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Blockchain 

Accenture to Sign Blockchain ID Deal With Canada, Netherlands and Aviation Players

Global accounting giant Accenture will sign a formal deal with Canada, the Netherlands and other parties to use blockchain in identifying travelers. The company’s managing director of capital markets, David Treat, confirmed the move at the Synchronize Europe conference in London on June 18, attended by a Cointelegraph correspondent. Part of its expanding activities in the blockchain sector, Accenture will team up with the Canadian and Dutch governments, as well as Air France-KLM, Air Canada and several airports under a new agreement. Treat will personally ratify the deal, called “Known…

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Blockchain 

Azerbaijan Government Partners With IBM on Blockchain Customs Deal

IBM is expanding its partnership work with Azerbaijan’s government to bring blockchain technology to customs procedures, Central Asian-focused Trend News Agency reported on June 12. Following a reported deal with the country’s central bank in October 2018 — which should see blockchain deployed in various areas over a five-year period — IBM will now use the technology to target cargo transportation. The news came from Azerbaijan’s State Customs Committee, the chairman of which, Safar Mehdiyev, spoke about the plans at a press conference during the ongoing IT/TI Conference and Exhibition…

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