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Crypto Market Continues to Show Green Candlesticks, BTC Recovers to $8,200

Monday, Oct. 7 — Bitcoin (BTC) continues its rebound together with most of the other cryptocurrencies, with notable gainers Chainlink (LINK) and Tron (TRX) breaking 10% gains on the day.Cryptocurrency market daily overview. Source: Coin360The world’s most popular crypto coin closed the week with a selloff, pushing its price well

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Economic Dept. of Dubai Unveils Blockchain-Based Business Registry

The Department of Economic Development in Dubai has announced its move to a blockchain-based unified business registry platform (UBRP).According to a Saudi Gazette report on Oct. 7, the platform aims to improve the ease of doing business in Dubai and enable license issuers to manage trade licenses and corporate registries.The Silicon

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Enterprise Ethereum Alliance’s Reward Token System Backed by Microsoft, Intel

Microsoft and Intel are backing a new system of reward tokens created by the Enterprise Ethereum Alliance (EEA).EEA creates new reward token systemThe EEA, which sets standards for Ethereum-based blockchain applications in business, shared the developments in a statement with CryptoX on Oct. 7.The organization said that it has

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South Korean KB Kookmin Bank Adopts Blockchain to Improve Internal Processes

Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes.As local news outlet Korea JoongAng Daily reported on Oct. 7, the institution said blockchain technology could offer a multitude of benefits to the financial industry, including the issuance of digital tokens, funding,

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Widow of QuadrigaCX Founder Hands Over $9 Million in Assets to Users

Robertson returns most of her assetsOn Oct. 7, Jennifer Robertson announced in a personal statement, posted by Coindesk, that she would be transferring the vast majority of estate assets — previously valued around $9 million — to EY Canada. The Big Four audit firm acted as the bankruptcy trustee of QuadrigaCX during its

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Sacramento Kings Launches Blockchain Token for Its Predictive Gaming App

The Sacramento Kings NBA basketball team is launching a blockchain-powered rewards program within its gaming app.Partnership with BlockpartyThe Sacramento Kings partnered with New Jersey-based blockchain ticketing platform Blockparty to add blockchain-based rewards to its prediction game Call the Shot, the team officially announced on Oct. 7. According to the

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