Did Tron Mislead Investors by Claiming Partnership with Baidu? Experts Weigh in

On October 15, a trusted cryptocurrency source in China reported that the partnership Tron secured with Baidu was not really a partnership. CnLedger reported that according to local publications, Tron acquired the services of Baidu to launch, build, operate, and debug blockchain-based products on Baidu Cloud. “The ‘partnership’ between Baidu and Tron is basically about

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Accenture Launches Commercial R3 Blockchain Solution in Thailand

Global consulting giant Accenture and Digital Ventures, a fintech subsidiary of Thai financial services conglomerate Slam Commercial Bank (SCB) have announced the launch of a jointly developed blockchain solution that makes commercial operations in Thailand more efficient by using R3‘s open-source Corda blockchain protocol to revamp the process of making and receiving payments and accessing

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Blockchain Startup Tron Announces Partnership with Internet Giant Baidu

A blockchain startup aiming to decentralized the internet is shaking hands with the field’s most prominent player. But does it matter? Tron Foundation revealed in its latest tweet that it would be working closely with Baidu, a China-based internet giant, to use their cloud solutions. Far from what seems like an official and detailed press

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Major [Shuttered] Indian Exchange Zebpay Moves to Malta after Central Bank Blockade

The harsh cryptocurrency regulatory climate in India has turned out to be a gift for the self-styled blockchain island of Malta as one of the cryptocurrency exchanges that recently shut down in the world’s second-most populous country has decided to move operations there. First reported by Quartz, Zebpay, one of the biggest exchanges in India,

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Rwanda Government to Tag and Trace Conflict Metal Tantalum on a Blockchain

Yet another African country is turning to explore blockchain technology following Kenyan government, that recently announced to use blockchain technology for the distribution of new government-funded housing units. The Rwandan government is now eyeing to track the supply chain of metal tantalum, which is used in consumer electronics, with blockchain technology. The move aims to reassure investors over

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UK Foreign Exchange Firm Joins Ripple Blockchain RippleNet

Moneynetint, a UK-based provider of foreign exchange services for the corporate sector has integrated and deployed decentralized payments using Ripple blockchain network RippleNet. Based in London with a focus on payment services for corporate clients, Moneynetint revealed an ongoing collaboration with San Francisco-based blockchain industry giant Ripple on Tuesday. The payments platform, which provides cross-border

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Bitcoin Has Hit the Bottom: Why it is Unlikely to Fall Below $6,000

After rising to $6,700 on fiat-to-crypto exchanges and achieving $7,700 on Bitfinex, Bitcoin has stabilized at $6,500. Over the past 48 hours, the volume of Bitcoin has risen from $3.2 billion to $7 billion at its peak, but has since dropped to $4 billion. In a two-day period, BTC has shown a 25 percent increase

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Police: Dispute over Bitcoin Account Led to Connecticut Home Invasion

Two women have been arrested in connection with a March home invasion in Killingly, CT, where victims were not only robbed but also allegedly pistol-whipped and attacked with an electric cattle prod. The incident, police said, was the tragic culmination of a dispute involving a bitcoin account. Incident Details Apparently, the home invasion occurred because

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Debunked: How Nouriel Roubini Failed to Attack Crypto with Cherrypicked Data

Recognized economist Nouriel Roubini, a professor at Stern School and NYU, recently launched a series of attacks against the crypto sector. All of the False Claims Roubini Made He claimed Bitcoin is a Ponzi scheme, Ethereum co-creator Vitalik Buterin amassed a wealth of a billion dollars by creating a pre-mined blockchain network, and said public

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