Thursday, February 20, 2020
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Aircraft Maintenance, Repair Industry Is Latest to Form Blockchain Alliance

The aircraft maintenance, repair and overhaul (MRO) industry — which handles a dizzying 25 billion parts a year — is turning to blockchain to tackle its difficulties.Verdict magazine reported on Feb. 4 on the formation of a new, so-dubbed MRO Blockchain Alliance, which includes leading industry members, among them

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Ethereum Incubator ConsenSys Slashes Headcount 14% in Latest Strategic Shift

Ethereum venture studio ConsenSys is shifting focus – and downsizing as a result.The Brooklyn, N.Y., company announced at an all-staff meeting Tuesday that its latest restructuring would shrink the firm’s headcount by approximately 14 percent.“In the coming months, ConsenSys will finalize the transition from its venture production model and spin

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Bitcoin Reinforces Latest Rally With Defense of $9,200 Price Support

Bitcoin defended key price support early on Thursday, strengthening the case for another move higher.Having faced rejection above $9,400 multiple times on Wednesday, the top cryptocurrency by market value came under pressure during the Asian trading hours today. Buyers, however, absorbed the selling pressure at $9,188, keeping the former resistance-turned-support

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Blockchain.​​​​​​​​com Is The Latest to Launch A Fiat Gateway For This Pro-Crypto Country

United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has launched a gateway for the Turkish lira on its crypto exchange.Blockchain.com is the latest major crypto exchange to join the growing roster of crypto platforms with a direct gateway for the Turkish lira, according to a press release published on

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China’s Central Bank: Here’s the Latest on the Digital Yuan

The development of a digital yuan, or DECP, has taken a great leap forward, according to the People’s Bank of China, the nation’s central bank.In a statement (in Chinese) Thursday, the bank said the “processes of top-level design, setting industry standards, developing potential functions and integration testing,” were “almost complete.” The

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Binance Adds Near-Instant UK Pound Payments in Latest Fiat Expansion

Malta-based cryptocurrency exchange Binance has added a flurry of new fiat funding options since New Year, including Faster Payments for U.K. pounds-bearing customers.The company announced Wednesday that the addition comes via a new partnership with fiat-to-crypto payments provider Banxa, which also allows the firm to offer Australian dollar and euro

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Major Spanish Bank Latest to Bring Blockchain Into European Finance

On Jan. 3 Spain-based CaixaBank added the blockchain-powered finance platform We.trade to its list of services. CaixaBank has now become one of the first banks in Europe to provide its customers access to blockchain technology.Launched in 2017, We.trade is a finance platform powered by IBM’s blockchain technology. It was developed

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