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  • IBM Teams With Columbia to Launch Blockchain Research Center

    IBM Teams With Columbia to Launch Blockchain Research Center

    Technology giant IBM has launched a new research center through a partnership with Columbia University in a move aimed to boost blockchain application development and education initiatives. Opening Tuesday, the center is located in the Manhattan campus of Columbia University in New York City and will, among other things, incubate blockchain applications through a combination of academic and technical expertise, […]

     
     
  • GMO‘s New Internet Bank Will Settle Payments With Blockchain

    GMO‘s New Internet Bank Will Settle Payments With Blockchain

    Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments. The firm said in a company notice that it had teamed up with Aozora Bank Group on the joint enterprise and that the two firms had been preparing for the launch of the “next-generation” bank since mid-2016. The new […]

     
     
  • US Government Backs Decentralized Energy Grid With $1 Million Grant

    US Government Backs Decentralized Energy Grid With $1 Million Grant

    The U.S. Department of Energy (DoE) has announced it will award a grant of nearly $1 million to a blockchain startup in a move aimed to advance the development of a decentralized energy grid. The Colorado-based Grid7 is one of 95 grant recipients by the DoE on Monday, which all won the second phase of the department‘s Small Business Innovation Research (SBIR) […]

     
     
  • World‘s First Bank-Backed Crypto Exchange Finally Opens to the Public

    World‘s First Bank-Backed Crypto Exchange Finally Opens to the Public

    The world‘s first bank-backed cryptocurrency exchange is now open to the public after months of delays. Japanese financial giant SBI Holdings formally launched its in-house crypto trading platform, dubbed VCTRADE, last month. Yet, as  by CoinDesk at the time, the trading service was only available for a group of selected users who pre-registered with the platform last October. In an announcement on […]

     
     
  • Bitcoin Price Retakes 50-Day Moving Average in First Since May

    Bitcoin Price Retakes 50-Day Moving Average in First Since May

    Bitcoin (BTC) scaled the crucial 50-day moving average (MA) on Monday for the first time in nearly two months, taking its price above $6,700. The corrective rally picked up the pace 24 hours ago, possibly due to stating that BlackRock, INC – the world‘s largest asset manager and exchange-traded fund (ETF) provider – is considering venturing into cryptocurrency markets. Later […]