In February 2018, Jonald Fyookball, Lead Developer, Electron Cash, had announced that his development team has received funds from Coingeek. He also announced that the Electron Cash is about to introduce a number of novel features in the current year. Until now, the team successfully launched an iOS version of the wallet. It also announced the addition of a Coinshuffle plugin to its desktop version. Recently, this week, the team from Electron Cash announced the release of a Java Micro-Edition (J2ME) of the wallet. The J2ME wallet will offer the clients access to the feature phones, which are greatly similar…

Blockchain gamers and enthusiasts will be happy to hear the good news that Litecoin Blockchain recently has rolled out a new game named CryptoMonsters. The recent unique app presents users with a number of collectible figures. These figures are equipped with theories and characteristics same as that of other popular games such as crypto kitties. However, the different feature offered by the latest game is that in place of running on the Ethereum network, the CryptoMonsters will be “live” on the Litecoin Blockchain. The company explained that the latest game evolves as a monster through a range of actions. These…

Financial news outlet International Investment reported on August 6, 2018, that the Maerki Baumann private bank is said to be the second Swiss bank that will accept cryptocurrency assets. The news stated that the private bank from Zurich has taken a decision to collect crypto assets from capital obtained for services provided, and those received from cryptocurrency mining. The company has taken this move to respond to the latest market requirements and the increasing popularity of cryptocurrencies. Maerki Baumann bank stated that the organization will not offer straight cryptocurrency investments. However, they can offer “experts” for the clients that are…

The financial regulator of South Korea has recommended employing blockchain for stock trading in a research issued this week. The report by FSS (Financial Supervisory Service) mentioned the employment of blockchain in stock trading in Japan, the United States, and Australia. This was reported by the local media body Korea JoongAng Daily. The FSS called on the nation’s companies and regulatory agencies to join hands on designing such a system. In comparison to traditional systems, the blockchain tech promises tamper-proof and safer ledger to track payments. The tech guarantees this by hosting a copy of ledgers at all machines linked…

The FCA (Financial Conduct Authority) of the U.K. has declared the making of a worldwide program to enhance partnership on fintech innovations (such as blockchain) between companies and regulators. This is as per an official press release issued this week. The FCA claims that the new treaty, GFIN (Global Financial Innovation Network), will operate in partnership with 11 financial organizations and related authorities so as to assist fintech companies interact more effortlessly with watchdogs from various nations. As per the media reports, GFIN plans to consult on subjects such as the development of techs like AI (artificial intelligence) and distributed…

Thailand’s central bank has announced the rules under which financial institutions, including commercial banks and their subsidiaries, can participate in cryptocurrency services. These include securities, asset management, and insurance. This follows the crypto-regulatory structure, which was brought into action in the previous month. The Central Bank of Thailand, Bank of Thailand (BOT), issued a circular on August 1 to all financial institutions of the country, where they were informed of the new crypto policy. Regarding the fact that there is currently a regulatory framework for other ICO and cryptocurrency, BOT has canceled the earlier published circular, in February. At that…

A social media application that is powered by bitcoin cash that was reported earlier in April has grown in multiple ways with more functions, extensions, and users. When the project was launched, immediately after a few weeks later, a similar platform with the name Blockpress appeared, but about a month ago the founder of Blockpress stopped the project. The use of the Memo continues to gain position, thanks to uncensored content sharing, optimized by Bitcoin Cash. In recent months, bitcoin fans have used a social media application called Memo.cash. With the application, anyone can create a profile, post uncensored messages,…

Ethereum (ETH) has got into an accord with an end-to-end domain services provider MMX (Minds + Machines Group Limited) that will enable ENS (Ethereum Name Service) obtain a top-level domain name, as per a press release. Within the accord, consumers of ETH will be capable of registering their addresses with the top-level domain of MMX, .luxe (a contraction for “Let U Xchange Easily”), that is ready to be rolled out soon. Reportedly, the .luxe extension will get into its pre-launch stages in the coming period and go on retailing this October to the public. Any domain logged in the .luxe…

Bitmain Technologies Ltd. this week declared the rollout of its latest blockchain mining facility and data center in a rural part of Texas in the U.S. The firm’s declaration stated: The Milam County cryptocurrency mining facility and blockchain data center represents a major component of expansion plans and tactical investment of Bitmain in North America. The facility will be situated almost 50 Miles northeast of Texas’ capital in the city of Rockdale with a likely population of 5,595. It will be located in an area where the earlier Alcoa Rockdale operations site was situated. This site comprises an aluminum smelting…