Tuesday, February 18, 2020
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TikTok Has 1st Viral Bitcoin Video as Owner Launches DLT Venture

Short-video sharing app TikTok has recorded its first viral Bitcoin (BTC)-related video as the firm’s owner reportedly launched a blockchain venture.Posted by TikTok personality The Wolf of Bitcoins, the video depicts a room in a house apparently equipped with dozens of cryptocurrency mining hardware units. The video displays a

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TikTok Owner Reportedly Working With Chinese State Media on Blockchain

Owner of major social media app TikTok, ByteDance, has launched a joint venture with state-owned Chinese media group and ThePaper.cn operator Shanghai Dongfang Newspaper to develop business models that include blockchain and artificial intelligence (AI), Bloomberg reported on Dec. 14. TikTok may use blockchain and AI to fight DeepfakesThe joint

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Ant Financial Partners with Monsanto Owner on Agricultural Blockchain

Alipay operator Ant Financial has partnered with pharmaceutical giant Bayer Crop Science, Monsanto’s owner, to develop a blockchain solution for the food and crop industry.Letter of intentEnterprise blockchain news outlet Ledger Insights reported on the partnership on Sept. 26, also noting that the two firms signed a letter of

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Judge Sends Owner of Crypto Trading Platform Bitfunder to 14 Months in Prison

Recently, one cryptocurerncy scammer was sentenced to 14 months in prison and 3 years of supervised release. Jon Montroll who had been operating cryptocurrency related services is about to face 14 months in prison after having pleaded guilty to securities fraud and obstruction of justice, as reported by the US

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Louis Vuitton and Christian Dior Owner Unveils Blockchain Platform to Verify Luxury Goods

ConsenSys has teamed up with LVMH and Microsoft to build a blockchain-powered platform that allows consumers to verify the authenticity of luxury goods, according to a news release on May 16.The consortium says the system, known as Aura, is designed to “serve the entire luxury industry with powerful product tracking and tracing

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