Blockchain News

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UN Forms Blockchain Coalition to Help Tackle Climate Change
The United Nations has formed a new coalition to research and adopt applications of blockchain technology to further action on climate change.

Just Because It’s Bad News for Your Crypto Coin Doesn’t Mean It’s FUD
Not all unwelcome tidings can be dismissed as attempts to sow “fear, uncertainty and doubt,” and shooting the messenger won’t make the message untrue.

Bitconnect Closes Virtually Its Entire Operation, BCC Token Drops 87%

The Bitconnect Coin (BCC) digital currency is down 87% today and 93% from its December 29 high of $437. Many in the digital currency community have called Bitconnect a Ponzi scheme. Bear Grip Strengthens as Bitcoin Price Nears $10K
Bitcoin prices look set to explore sub-$10,000 levels, leaving the bulls an uphill task to achieve a reversal.

Microsoft, Hyperledger, UN Join Blockchain Identity Initiative
Tech giant Microsoft and blockchain alliance Hyperledger and others have joined blockchain-based digital identity initiative, the ID2020 Alliance.

China’s Banking Regulator Pushes Blockchain Adoption for Credit Market
China’s banking regulator, the CBRC, thinks the country should double down on its adoption on blockchain technology to improve the credit market.

Cryptocurrency Exchange BitFlyer Launches New EU Branch
Japan-based bitcoin exchange bitFlyer has opened a new EU branch after receiving regulatory approval in Luxembourg.

What’s a Former CIA Lawyer Doing in Crypto?
After decades at a white-shoe law firm, Russell Bruemmer is now advising blockchain startup Applied Philosophy Labs on token sales and governance.

South Korea Announces Deadline for Halt of Anonymous Crypto Trading
South Korea’s financial watchdog has set a date for the introduction of a new rule barring anonymous virtual cryptocurrency trading accounts.

Vermont City Pilots Land Registry Record With Blockchain Startup
The City of South Burlington in Vermont is partnering with a blockchain startup to pilot a land registry ledger based on the tech.

How to Save on Bitcoin’s Soaring Fees
Transaction fees are the talk of the bitcoin ecosystem, with many users upset by the rising cost to send funds, but there are simple ways to cut fees.

IBM And Maersk Start Promised Blockchain Supply Chain Company

IBM and Danish transport and logistics company Maersk announced Jan. 16 that they are teaming up to create an as-yet-unnamed Blockchain-based shipping and supply chain company. The goal of the venture is to commercialize Blockchain for all aspects of the global supply chain system, from shipping to ports, and banks to customs offices.

South Korean Petition Against Crypto Regulation Gets 200K Signatures, Government Must Respond

uesday morning, Jan. 16, a South Korean petition against the regulation of virtual currency reached the amount of signatures required to compel a response from the government.
US Senators Blast Venezuela’s Oil-Backed Cryptocurrency Plan
U.S. Senators Marco Rubio (R.-Fl) and Robert Menendez (D.-NJ) have denounced Venezuela’s planned cryptocurrency in a new letter.

Bitcoin Slides More Than 10 Percent to Near $10,000 Level
The price of bitcoin is down more than 10% today, according to CoinDesk’s Bitcoin Price Index (BPI).

SEC ‘Looking Closely’ at Public Company Blockchain Pivots, Says Chairman
The SEC is investigating companies that have made recent waves in markets with their public pivots toward blockchain.

Coinbase Taps Twitter Vet to Bolster Customer Support
Coinbase has added Twitter’s former vice president of operations and user services to its team in an effort to improve its customer service.

Bitcoin dropped below $10,000.

Ethereum went below $900, marking a price slide of over 30% for both assets this week.

Japan’s Mitsubishi UFJ Financial Group , will launch its own digital currency

MUFG coinwill allow users to conduct instant person-to-person transactions and shop with lower fees. The bank also plans to peg one coin to one Japanese yen in order to maintain people’s confidence in the new cryptocurrency.