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Chinese Region to Shut Down 'Illegal' Bitcoin Miners By September

China's Xinjiang autonomous region is set to halt "illegal" bitcoin mining operations by the end of August, a government agency has confirmed. 

(HelloRF Zcool/Shutterstock)

Markets

Financial Exchange Thinks Blockchain Can Keep Online Auctions Fair

A state-backed financial asset exchange in China has proposed a way of building a secure blockchain-based system for online bidding.

auction bid

Markets

UK Begins Research on Law Reform for Use of Blockchain Smart Contracts

The U.K. Law Commission has launched research investigating reforms that would bring legal clarity to the use of blockchain-based smart contracts.

UK flag court

Markets

A Japanese Telecom Giant Wants to Use Blockchain to Store Contracts

Nippon Telegraph and Telephone is looking to invent a new contract agreements system based on blockchain technology.

nippon

Markets

Barclays Seeks Twin Blockchain Patents for Banking Services

Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.

shutterstock_1062402209

Markets

Ethereum Scaling Solution Raiden Releases Last Testnet Before Launch

The team behind the Raiden, which creates payment channels to help ethereum scale, has launched the final testnet before the tech goes live.

Droplet

Markets

Bitcoin Mining Firms Make Unicorn List for First Time

For the first time, three bitcoin mining companies have made it onto a list of Chinese startups worth over $1 billion.

unicorns (shutterstock)

Markets

Sequoia China, Polychain Lead Blockchain Startup's $28 Million Round

Blockchain startup Nervos Network just raised $28 million from Sequoia China and Polychain, as well as several token funds and traditional VCs.

coin

Markets

Civic Is Turning Identity.com Into a Crypto-Powered Personal Data Market

Civic secures a high-quality URL from a longstanding internet company, raising the profile of the whole blockchain industry.

Outgoing Civic CEO Vinny Lingham

Markets

What to Expect When Congress Talks Crypto (Twice) Tomorrow

Two Congressional committee hearings will examine whether crypto is the future of money, as well as what sort of regulation the space may need.

us congress

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