The Need to Report Carbon Emissions Amid the Coronavirus Pandemic

JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report titled “Banking on Climate Change.” The bank recently joined a chorus of other financial institutions and endowments that have declared that they will, going forward, be reluctant to provide funding to the fossil fuel industry — which energizes emerging digital technologies and companies — in order to mitigate the effects of climate change.…

Tron Launches Djed, a Platform That Looks Suspiciously Like MakerDAO

On March 28, Tron (TRX) founder Justin Sun tweeted to announce the release of Djed, a system for collateralized loans he described as “something new.” The platform was immediately criticized as many see it as a plagiarized version of MakerDAO (MKR). Sun teased the launch on Jan. 16 when Sun let his fans choose the name of a planned decentralized stablecoin that was initially to be backed by TRX and BitTorrent Token (BTT). Self-described TRX whale and Tron fan Mike McCarthy was the one who proposed the name Djed, just…

Opera Becomes First Major Browser to Integrate .Crypto Domain Extension

Opera now enables users to access decentralized web pages through a partnership with Unstoppable Domains, a tech firm backed by prominent Bitcoin (BTC) advocate Tim Draper. The collaboration entails Opera’s integration of Unstoppable Domain’s .crypto domain extension, according to an announcement shared with Cointelegraph on March 26. This will allow the browser’s users to surf decentralized websites, as well as make cryptocurrency payments. No more middleman As the announcement further explains, blockchain domains are stored by the owner instead of by registrar firms, and decentralized websites are stored on peer-to-peer…

Crypto ‘Dutch Auctions’ Show Promise After $1.76M Offering Sells Out

On March 24, United States-based blockchain company Solana successfully sold all of its tokens via a “Launch Auction” hosted by crypto fundraising firm CoinList. Solana raised $1.76 million from 445 bids placed from 91 different companies. 8 million SOL tokens were distributed at $0.22 each. 1,416 prospective investors had registered to participate. CoinList’s Launch Auction token issuance model comprises a “Dutch auction” — where the bidding for a token begins at an initial price ceiling which is dropped by a fixed amount periodically.  Investors bid for the number of tokens…

Bitcoin Price ‘Likely’ Bottomed in $3.7K BitMEX Crash, Says Tone Vays

Bitcoin (BTC) likely reached its low when it hit $3,700 earlier this month, veteran trader Tone Vays has forecast as markets remain up 70%. In the latest episode of his Trading Bitcoin YouTube series on March 29, Vays repeated his previous claim that, logically, BTC/USD should bottom at 20% of its 2019 highs — $2,800. Vays on $2.8K: “I don’t think it’s likely anymore” This could occur before May’s block reward halving and not endanger Bitcoin’s long-term perspective, he said, but a dive after that event could have grave consequences.…

Santander to Extend Ripple-Powered Payments Solution to Mexico This Year

Major Spanish bank Santander plans to roll out its Ripple-powered international payments system One Pay FX in Mexico in 2020. In a Form 20-F filed with the United States Securities and Exchange Commission on March 6, the bank revealed that Mexico will be offering the service in early 2020. The One Pay FX system Based on Ripple’s RippleNet technology, One Pay FX is independent from XRP and does not need the digital currency to function, as a Santander spokesperson previously outlined to Cointelegraph.  In its Form 20-F filing — an…

Bitcoin Price Reclaims $6K as Traders Eye New BTC Futures Gap Above

Bitcoin (BTC) swiftly retook $6,000 after losing support on March 30, as analysts eyed a potential for the price to fill a new gap in futures markets. Cryptocurrency market daily overview. Source: Coin360 BTC price gains 3% after a brief dive Data from Coin360 and Cointelegraph Markets showed BTC/USD trading at around $6,300 at press time — a rise of 2.8% on the day.  The past 24 hours had seen the pair dip to lows of $5,870 after signaling weakness throughout the weekend. Those were short-lived, however, with Bitcoin regaining…

BlockApps and Optimum Plan to Track Energy Usage on the Blockchain

Blockchain-as-a-Service (BaaS) company BlockApps has partnered with software consulting firm Optimum to develop a blockchain solution for tracking energy usage. A founding member of the Enterprise Ethereum Alliance (EEA), BlockApps is the developer of a cloud-agnostic blockchain platform, STRATO, designed to serve as a flexible base layer for various business network transactions and activities. Optimum is a software consulting firm focused on the oil and gas, manufacturing and construction industries. As part of a strategic partnership announced on March 27, Optimum has now joined the BlockApps Partner Network —  a…

Block.one Hires Team Behind Prominent Block Producer EOS New York

EOSIO developer Block.one has recruited the team behind EOS New York (NY), a high-profile Block Producer on the EOS network.  Founded in 2017, EOS NY was a one-time #1 Block Producer on EOS, but has now ceased its operations, an announcement on March 25 revealed. Speaking to Cointelegraph, EOS NY founder Kevin Rose said: “We are deeply grateful for the way the community has embraced our team over these past few years. EOS NY was shut down prior to our joining Block.one, and EOS NY was not part of our…

ConsenSys Partnering with Hitachi for PegaSys Plus Sales in Japan

Hitachi Solutions will be the first company in Japan permitted to conduct sales of blockchain software technology company ConsenSys’ product PegaSys Plus starting on April 1. According to a March 30 press release, Tokyo-based Hitachi announced it would work in collaboration with U.S.-based ConsenSys to provide PegaSys Plus to the Japanese market. An Ethereum (ETH)-based blockchain platform, PegaSys Plus is a commercial license version of the ConsenSys product offering additional features and support.  Japanese blockchain market has potential ConsenSys Founder and CEO Joseph Lubin commented on the collaboration between the…