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Hyundai Blockchain, Crypto Affiliate to Spend USD 10m + Launch Mainnet


Hdac, the blockchain and cryptocurrency arm of business conglomerate Hyundai, says it will invest USD 10 million in the industry – using the money to pay for a mainnet, dapps (decentralized apps) services, fund startups and create a “cryptocurrency compensation system”-powered token ecosystem. Hdac...

McAfee to Launch Decentralized Token Exchange With No Restrictions


On the heels of launching his crypto platform, McAfee Magic, the former antivirus software tycoon John McAfee plans to launch a distributed exchange on Monday, October 7. ‘McAfeedex’ will run on the Ethereum blockchain and McAfee insists the exchange will have no restrictions. Also...

Binance’s Trust Wallet App Launch their Own DeFi Platform


Trust Wallet announced its latest creation, the Trust Platform. Trust Wallet is a virtual currency wallet backed by Binance. It is an app where different cryptocurrencies can be stored. Trust Platform is a staking and governance platform for token-based communities like @Tronfoundation $TRX...

BiiLabs and SoftChef Jointly Launch SaaS for Encrypted IoT Data


The blockchain startup company BiiLabs and the IoT solutions provider SoftChef have undergone a collaboration, to launch a blockchain-based SaaS (software as a service) platform for M2M (machine-to-machine) encrypted IoT data. This collaboration is expected to benefit both the clients as far as...

Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund


The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....

Launch of Libra May Postpone Amidst Global Resistance


Since its announcement in June 2019, Libra has been making waves across the globe regarding its proposed plans. The launch is likely in the mid-2020, but it is facing a lot of resistance since its inception from the financial world. A massive wave of political skepticism and regulatory concerns...

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