US FDA Partners With IBM and Walmart to Improve Drug Supply Chain Using Blockchain

The United States Food and Drug Administration (FDA) has partnered with four global high-profile firms to apply blockchain in the drug supply chain, tech media outlet ZDNet reports on June 13. The FDA has reportedly teamed up with companies including IBM, Walmart, Big Four auditor KPMG, and the world’s...

Bakkt Names Launch Date for Bitcoin Futures Testing

Coinex Exchange Lists the first SLP-Based Stablecoin Built on Bitcoin Cash

On June 12, the cryptocurrency exchange Coinex announced the listing of a new Simple Ledger Protocol (SLP) token called honestcoin (USDH). The Honestcoin.io website details that the new token is a fully regulated stablecoin issued on the Bitcoin Cash network backed 1-to-1 for U.S. dollars. Also read: Yahoo Japan-Backed...

Internal Power Struggle at MakerDAO: When Coding and Personal Interests Collide

In the crypto industry, there are many examples of how a conflict of interest has led to a company split. Perhaps, the largest ones are the forks of bitcoin (BTC), bitcoin cash (BCH) and the Ethereum (ETH) network. As a rule, the reason lies in disagreements related to the...

Buy Bitcoin: Hong Kong Protests Spark Fervor Regarding Freedom, Democracy

Bitcoin (BTC), a digital currency not bound by the traditional rules of fiat, may seem nebulous and useless, but geopolitical and macroeconomic events are quickly proving its viability. Over the past week, Hong Kong has seen a growing amount of political unrest as a result of proposed legislation from...

Brazil: R3 Develops Blockchain Platform With Major Banks and Stock Exchange

Blockchain software consortium R3 revealed that it is developing a blockchain platform in Brazil with banks Bradesco, Itau and B3, Cointelegraph Brazil reported on June 12. The R3 Consortium — which is composed of large banks and technology companies — announced during the CIAB Febraban event in São Paulo...

Reuters, Bloomberg Terminals, TradingView Add AI-Powered Crypto Index for Top 100 Coins

The half a million traditional traders that use the Reuters and Bloomberg financial terminals will now have access to an index for the 100 strongest-performing cryptocurrencies and tokens. The terminals’ support of the “CIX100” index — developed by AI-powered cryptocurrency index provider Cryptoindex — was revealed in a press...

Crypto-Enabled Payment Firm Square Recruits Former Google Product Director Steve Lee

United States-based bitcoin (BTC)-supporting payments service Square Crypto announced that it recruited former Google product director Steve Lee in a tweet published on June 12. Square Crypto was announced in March of this year when the organization joined Twitter, and planned to hire crypto engineers and designers to work...

How to Exchange Your Amazon Gift Cards for Bitcoin Cash

If you’re looking to acquire some cryptocurrency without having to open an account at a centralized exchange, there are several ways to do so. One is to convert Amazon gift cards into bitcoin cash via Purse.io while helping others spend their BCH. Also Read: Coinbase Launches Crypto Debit Card...

FINRA Fines Former Merrill Lynch Employee $5,000 for Not Reporting Crypto Mining Activity

The United States regulatory body, the Financial Industry Regulatory Authority (FINRA), has charged one of Merrill Lynch’s staff $5,000 for mining cryptocurrency. Documents dated June 10 confirm the fine. According to the “letter of acceptance, waiver and consent” signed by the employee, Kyung Soo Kim, FINRA took action when...