Author: Steve Kaaru

Abu Dhabi Firm Develops Blockchain Solution for City’s Ports

Abu Dhabi Ports has launched a blockchain solution for the city’s shipping industry, the first such initiative in the island city. Developed through its subsidiary Maqta Gateway, the initiative is known as Silsal and aims to increase efficiency, transparency and security in the country’s shipping industry. As reported by Construction Business News on June 2, Silsal will combine blockchain technology with the latest in digital user identification to link all the …
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Bittrex Now Supports Fiat Currencies for Some Users

Bittrex has announced that it will allow some of its clients to exchange their digital currencies for fiat currencies. The service will only be made available to a segment of the exchange’s customers initially and will enable Bittrex to take the battle to Coinbase. The move represents a significant step ahead for crypto exchanges, which have long been shunned by mainstream financial institutions. The service will only be available to Bittrex clients in New …
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Telegram and EOS Lead as ICOs Raise Twice the Amount Raised in 2017

ICOs rose to prominence in 2017 as more startups turned to the new crowdfunding model that bypassed tedious traditional methods. With the meteoric rise of cryptocurrencies led by Bitcoin, investors’ interest in ICOs was at an all-time high especially towards the end of the year. As with any other industry that attracts both attention and investment, governments all over the world have taken measures to regulate the field. This has not …
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SEC Acquires Court Order Against Titanium Blockchain for Fraud

The US Securities and Exchange Commission has obtained a court order stopping the activities of Titanium Blockchain Infrastructure Services (TBIS), a blockchain startup whose ICO had raised $21 million from both local and international investors. Announcing the news in a press release, the SEC also revealed that the court had approved an emergency freezing of the company’s assets as well as the appointment of a receiver for the company. The SEC …
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