Blockchain 

South Korean Crypto Projects Look to Leave the Country

The number of South Korean digital currency projects leaving the country to list their products on foreign exchanges is increasing, experts say. South Korean news outlet Business Korea reported on Aug. 19, that industry experts have noticed a surge in cryptocurrency and blockchain-focused projects seeking to list their early-stage products on overseas platforms. Experts define reasons behind projects’ departure Experts named several key reasons that local projects are leaving, including stricter domestic cryptocurrency exchange market conditions, wherein investors are not able to make or withdraw deposits in the Korean won…

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Blockchain 

ETC Labs Launches Studio Program to Support Developing ETC Projects

Ethereum Classic (ETC) Labs incubator today officially announced Studio, its new program to support the launch of new projects on Ethereum Classic. ETC Labs Studio to support firms seeking to launch projects and crowdsales on ETC According to an official blog post from Aug. 8, the ETC Labs Studio will now support companies that seek technical and marketing expertise for new projects and crowdsales. The new program intends to share technical expertise to promote building and implementation of decentralized applications and crowdsales, as well as provide guidance on project launch…

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Blockchain 

Grocery Involved in Nearly Half of all DLT Supply Chain Projects

The grocery sector is responsible for nearly half of all Distributed Ledger Technology-based (DLT) supply chain projects. UCL: grocery most active in DLT tracking Research conducted by the University College London centre for blockchain and retail blockchain consortium and published on Aug. 4 shows that the grocery industry has the highest number of DLT-based supply chain tracking projects. Per the report, nearly half of all the projects analyzed operate within the grocery sector, while about 15% respectively operate in the healthcare and fashion industries. Lastly, about 39% operate in other,…

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Blockchain 

Web3 Foundation Director Resigns to Pursue DAO Projects

Web3 Foundation (W3F) director Ryan Zurrer has announced that he is stepping down from his role at the decentralized web-focused nonprofit to pursue his interest in investments and decentralized autonomous organizations (DAOs). Zurrer expounded on his departure in a series of Twitter posts on Aug. 5. Zurrer explained that he will be gradually removing himself from the organization, partially in light of its current success. In June, W3F managed the token sale of blockchain interoperability protocol Polkadot (DOT). Zurrer said: “With the success of the DOTs sale, the success of…

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Blockchain 

Top Staking Projects of the Crypto World Today: Report

INDX, the Tokenized Masternode Investment Fund, has calculated the top-10 proof-of-stake (PoS) blockchains based on the expected yield of their tokens. The company did this by quantifying the volatility, volume, liquidity, risk and integrity. The tokens appear in order, from one to 10, based on the expected yield, as predicted by INDX’s proprietary algorithm.  Related: Crypto Dividends: Staking Coins for Gains Potentially a Good Strategy in a Bear Market But is Not Without Risk Proof-of-stake is a consensus method that states a person can mine or validate block transactions in…

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Blockchain 

10 Blockchain Projects That Are Out-of-This-World, or May Change It

Blockchain technology has proven to be a great invention since it was introduced about a decade ago. Since then, it has powered several inventions that will have a lasting impact on humanity. Some notable examples are the Internet of Things (IoT) and smart contracts. However, some blockchain projects will touch some other areas of human endeavor that are yet to feel the impact of this amazing technology. Here, Cointelegraph takes a look at 10 very interesting blockchain projects the world should look forward to. Andrew Adcock, the CEO of Crowd…

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Blockchain 

Tor Project’s Bitcoin Crowdfunding Campaign Hits Goal in 25 Hrs

Tor Project’s new Bitcoin (BTC)-based crowdfunding campaign has reached the softcap of $10,000 in 25 hours after the launch. The new crowdfunding program, known as BitcoinForTor, was launched on July 15 in collaboration with open-source payment processor BTCPay Server. By July 16, the project has raised the minimum amount expected to be secured, BTCPay announced. Having reached the softcap, Tor Project has not halted the fundraising campaign. It is inviting cryptocurrency users to continue donating with Bitcoin within the next 13 days, claiming that protecting privacy online “requires financial support…

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Blockchain 

Polymath Stops Two Projects, Lays off 10 to Focus on Security Token App

Ethereum (ETH)-based security token platform Polymath will terminate its two planned in-house projects to focus further on bringing securities onto blockchain, the firm announced in a blog post on July 4. Polymath is funneling the company’s newly freed resources towards its Polymath Token Studio, a decentralized application (dApp) that has reportedly enabled the issuance of over 130 security tokens to date, the company said in the announcement. As a part of the announcement, Polymath has laid off 10 employees who were working on the two discontinued product initiatives. The company…

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Blockchain 

Ripple Incubator Xpring Announces $500 Million Invested in XRP Projects

Ripple incubator and investment arm Xpring has spent $500 million on XRP projects since its launch in May 2018, according to an official blog post on July 2. These funds have reportedly been distributed to over 20 companies, including the blockchain-based gaming platform Forte. In general, the report says that Xpring investments are intended to create use cases for Ripple’s XRP token. They hope to accomplish this by making development easier, and say they are supporting developers by providing “tools, libraries and services for developers on the XRP Ledger and…

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Blockchain 

Crypto Projects Pose No Threat to Banking System

JPMorgan Chase CEO Jamie Dimon said that he does not think that cryptocurrency projects pose an existential threat to JPMorgan’s core business.  During an interview with Yahoo Finance on June 27, Dimon discussed crypto’s potential impact on the existing banking system: “We move $6 trillion a day around the world. It is very cheap, very secure, it works. And the banking system has already built Zelle, real time p2p, and TCH, the clearancing house, with the banking system built real time payments. We already have all that.” Dimon further stressed…

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