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Mobile Phone Retailer Joins China’s Blockchain Land Grab With US Startup Investment

Dixintong Technology Group, whose parent company, D.Phone, is one of the largest smartphone retailers in China, has entered the blockchain space by acquiring a minority stake in a U.S. startup called Monsoon Blockchain.The two companies confirmed to CoinDesk that the purchasing agreement was signed on Jan. 7, but declined to

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Asian Conglomerates Lead $31M Round for Blockchain Remittance Firm Lightnet

Lightnet, the company behind the Velo Protocol, recently raised $31.2 million in a Series A round.The funding was led by major financial and business groups including UOB Venture Management, Seven Bank, Uni-President Asset Holdings, HashKey Capital, Hopeshine Ventures, Signum Capital, Du Capital and Hanwha Investment and Securities, according to a

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Spain’s Telecom Giant Telefonica to Host 8,000 Firms on its Blockchain Network

Telefonica, one of Spain’s biggest and largest telecommunications companies (and the world’s), announced last week that it is throwing an open-house party for as many as eight thousand crypto and blockchain firms in its new blockchain garden.To cater to such a gigantic crowd, the telecom giant joined forces with the

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Block.One Released Major EOS.io Blockchain Software Update EOS.io 2.0

Blockchain software development firm Block.One released EOS.io 2.0, the software underlying the EOS blockchain.In the release announcement published on Twitter on Jan. 10, Block.One claimed that the update makes the blockchain “faster, simpler, and even more secure.”Major changes to the smart contract virtual machineThe official blog post on new

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DMG Blockchain Announces New Big Client While Ending Partnership with Bitmain

The Canada-based blockchain and crypto company, DMG Blockchain Solutions Inc. (formerly known as Aim Explorations Ltd.) has announced the addition of another major client, but also the termination of the partnership with the world’s largest crypto mining chip maker, Bitmain.Filled with joy for the new big partnership formed and also

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China Rolls Out National Blockchain Network to Enhance Virtual Economy

China’s nationwide blockchain network is due to be launched in the upcoming months. The blockchain-based service network (BSN) will contribute to improving the infrastructure of the blockchain sector in the country to develop the layout for newer blockchain projects and accelerate the growth of smart cities and the virtual economy.The

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PwC Switzerland Incorporates ChainSecurity Team to Expand Blockchain Audit Tools

PricewaterhouseCoopers (PwC) Switzerland has “hired” smart contract audit firm ChainSecurity’s team, folding the company and its expertise into the Big Four accounting firm, the companies announced earlier this week.In what seems like an acquisition in all but name, the seven technical engineers are joining the accounting firm and to bolster

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