Elizabeth Stark and Jack Dorsey closed out Consensus 2018 by sharing a broad vision of bitcoin’s future but keeping it light on details.
<h1>Lightning Labs, Square Creators Push Bitcoin As A Universal Currency</h1>
<h1>Infosys Partners With Private-Sector Banks In India</h1>
Infosys has partnered with seven of India’s private-sector banks to improve customer service and increase security through blockchain technology.
<h1>Deloitte Survey Shows More Businesses Preparing To Roll Out Blockchain Products</h1>
Deloitte announced some of the findings from its 2018 blockchain survey of companies. The results show increased corporate momentum behind blockchain products.
<h1>LedgerX’s Bitcoin Savings Product Is Just Another Derivative Gamble</h1>
Earn 16 percent interest or double your money, but pay no attention to the finer details.
<h1>CME Group Launches Ether Reference Rate, Ether Real Time Index With Crypto Facilities Ltd</h1>
CME Group and Crypto Facilities have teamed up to offer Ether reference sources.
<h1>Walmart Files Patent Application For Autonomous Vehicle Deliveries</h1>
The big box retailer has been making forays into blockchain technology to improve its supply chain. This latest patent may be a bid to compete with Amazon to get goods straight to customers.
<h1>Bank Of Canada And Partners Release Project Jasper Phase Three Findings</h1>
The results from phase three of the Project Jasper banking trials were revealed during the Payments Canada Summit yesterday and highlighted a new integrated DLT securities and settlement platform.
<h1>Facebook Creates Blockchain Team</h1>
The social media juggernaut will have a dedicated team delving into the best ways to incorporate blockchain.
<h1>Warren Buffett And Bill Gates Denounce Bitcoin</h1>
A few billionaire buddies were asked for their opinions on bitcoin. Holders won’t like what they had to say.
<h1>Revisiting The CFTC-Andreessen Horowitz Podcast Episode</h1>
In January, Andreessen Horowitz general partner Alex Rampell joined the CFTC’s Daniel Gorfine and Andy Busch for a conversation about blockchain, cryptocurrencies, and ICOs. With regulatory discussions just around the corner, ETHNews extracted some gems from that episode. Here’s what we found.
<h1>Square Generated $34M In Revenue From Bitcoin Sales But Only $223K In Profit</h1>
Bitcoin trading is supposed to be big business. That isn’t the case for Square.
<h1>GM, Ford, BMW Launch Consortium To Explore ‘How Blockchain Will Reinvent Mobility’</h1>
Several large automakers, tech companies, and other firms have unveiled a foundation known as the Mobility Open Blockchain Initiative. The group will seek to engage a wide range of stakeholders as it contributes to the development of transportation solutions.
<h1>Prominent Spanish Lender Issues Distributed Ledger Corporate Loan On Ethereum Testnet</h1>
One of Ethereum’s testnets played a critical role in a successful loan transfer completed by the Spanish multinational banking group BBVA. The pilot project enabled a loan to be transacted from negotiation to signing using blockchain technology.
<h1>VPE Bank First In Germany To Support Cryptocurrencies For Institutional Traders</h1>
Germany’s VPE bank, in a partnership with FinTech firm solarisBank, has become the first in the country to offer cryptocurrency trading to institutional investors.
<h1>Sequoia Capital – Binance Dispute Headed To Arbitration</h1>
Binance has been accused of violating an exclusivity agreement with venture capital firm Sequoia Capital, which had reportedly considered a substantial investment in the cryptocurrency exchange. The High Court of Hong Kong has granted a temporary injunction against Binance, suspending the company from business discussions with potential investors.
<h1>Philippines To Welcome Ten Blockchain And Cryptocurrency Companies Into Special Economic Zone</h1>
“We are about to license 10 platforms for cryptocurrency exchange,” said the chief of the Cagayan Economic Zone Authority. However, to comply with regulations, trading between fiat currencies and cryptocurrencies must take place offshore.
<h1>Capital Group Forbids Employees, Some Relatives From Participating In ICOs</h1>
A financial services company with operations on several continents has banned employees and some of their family members from investing in ICOs.
<h1>Amazon Web Services Unveils Blockchain-as-a-Service Offering</h1>
AWS launched Ethereum and Hyperledger Fabric BaaS templates, targeted toward small- to medium-sized businesses.
<h1>National Bank Of Egypt Joins R3 Global Blockchain Consortium</h1>
The National Bank of Egypt has joined over 200 other financial services firms, stakeholders, and regulators in technology firm R3’s global blockchain initiative.
<h1>Russian Digital Assets: Cryptoruble In The Pipeline, EAEU Payments Network Possibly In Question</h1>
Russia’s proposed state-issued digital currency is coming, according to one of the country’s legislators. However, with SWIFT indicating that it has no plans to stop servicing Russian banks, it’s unclear whether another Russian proposal, for a payments network that would include it and several nearby countries, will continue to interest policymakers.
