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China Sees 454% Increase in Companies with ‘Blockchain’ in Name

Today’s $1,000 bitcoin price rally aside, the cryptocurrency market might be enduring a bear cycle triggered by vanishing consumer interest, but blockchain, it seems, is still big business — particularly in China. Citing government data sourced from Chinese-language outlet Qixin, the South China Morning Post reports that, from Jan. 1 to July 16, 3,078 China-based companies have filed to include ...

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Tech Giant Oracle Launches Blockchain Cloud Service Platform

Tech giant Oracle has formally launched its much-anticipated blockchain service, and many global organizations have already jumped aboard the platform. News of Oracle’s new blockchain platform first came to light in May, as reported by CCN. At the time, Thomas Kurin, Oracle’s president of product development, mentioned how this upcoming platform would be integrated with other existing services. After Years ...

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Mobilum Announces Roman Pogorzelski and Ishmael Malik as Its Latest Advisors

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. July ...

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Stellar Becomes First Crypto Protocol to Obtain Sharia Certification

Stellar, the seventh-largest cryptocurrency network, has become the first digital ledger technology (DLT) protocol to obtain Sharia certification for payments and asset tokenization. The Stellar Development Foundation announced on Tuesday that, following a review of the technology’s properties and applications, the Shariyah Review Bureau (SRB) had certified Stellar as a Sharia-compliant vehicle for conducting monetary transfers and tokenizing real-world assets. ...

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Boeing Will Use Blockchain Tech to Track Unmanned Air Vehicles

Aerospace giant Boeing has announced its intention to tap blockchain technology to keep an eye on unmanned air vehicles used for cargo transport and urban air travel in the future. Boeing is partnering artificial intelligence (AI) firm SparkCognition to develop a decentralized platform capable of ‘tracking unmanned air vehicles in flight and allocate traffic corridors and routes’ to ensure secure ...

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NFT Will Soon Have Their Own 100% Blockchain-Based Auction Platform

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. The ...

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Concern Mounts Over Potential Crypto Exchange WEX Exit Scam

Users are increasingly concerned that an exchange claiming to be based in Singapore is pulling an exit scam following suspicious trading activity and locked wallets that are now preventing all users from withdrawing funds. On July 11, CCN reported that BTC/USD was trading on the WEX exchange at over $9,000 despite the global market average being under $6,400. After spiking to ...

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Bitcoin Price Goes Vertical Near $7,500, Hits 5-week High

Bitcoin price has skyrocketed on Tuesday’s evening trading session, making upward gains to peak at $7,483. The price of bitcoin, the world’s first and largest cryptocurrency, exploded to its highest trading levels since the first week of June after gaining nearly $700 in less than an hour on Tuesday evening (UTC). After trading around resistance at $6,700 through much of ...

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