Forbes Releases List of Billion Dollar Companies Using Blockchain

Finance publication Forbes has released a list of 50 $1 billion firms that are implementing blockchain technology. Financial news outlet Forbes has released a list of “Blockchain’s Billion Dollar Babies,” or companies implementing blockchain technology that have minimum revenues or valuations of $1 billion, on April 16. The list includes companies in the cryptocurrency and blockchain development spaces, in addition to traditional financial firms like banks and clearing houses, food companies, supply chain management firms and others. Most of the companies listed are household names like Amazon, Walmart, Facebook, ING,…

Read More

Following Community Poll, Kraken Delists Bitcoin SV

Cryptocurrency exchange Kraken has followed ShapeShift and Binance in delisting bitcoin SV. Major United States cryptocurrency exchange Kraken has decided to delist bitcoin (BTC) offshoot bitcoin SV (BSV), the firm announced on April 16. In an official press release, Kraken said that BSV had “engaged in behavior completely antithetical to everything we at Kraken and the wider crypto community stands for.” As such, the exchange has decided to delist the currency, which was the result of a hard fork in the bitcoin cash (BTC) network last November. The exchange’s decision…

Read More

Romanian Central Bank Official Says Crypto Will Not Fulfil Basic Roles of Currency

Daniel Daianu, a member of the BNR’s Administration Council, has stated that cryptocurrency will not replace currency issued by central banks An official from the Romanian central bank has stated that cryptocurrency will not replace currency issued by central banks as it is not necessarily a currency. The news was published by local media outlet Business Review on April 16. Daniel Daianu, a member of the Romanian National Bank (BNR)’s Administration Council, reportedly stressed the necessity to be aware of the difference between institutions and their roles, ensuring that those…

Read More

Major Auditing Firm Ernst & Young Releases Updates to Two Blockchain-Related Products

Ernst & Young has released a new version of its blockchain analyzer and zero knowledge proof protocol. Big Four auditing firm Ernst & Young (EY) has released two new blockchain developments, a new version of its Blockchain Analyzer and a zero knowledge proof protocol. The company revealed the products in two separate press releases on April 16. EY has launched the second generation of its analytics tool EY Blockchain Analyzer. While the first generation of the product was available to only EY audit teams facilitating gathering companies’ entire transaction data…

Read More

Blockchain Firm Digital Asset Integrates Smart Contract Language With Hyperledger

Digital Asset will integrate its smart contract language DAML with modular platform for distributed ledgers Hyperledger Sawtooth. Blockchain software firm Digital Asset will integrate their smart contract language DAML with Hyperledger Sawtooth, a modular platform for distributed ledgers. Digital Asset announced the development in a blog post on April 16. In the post, Digital Asset revealed that it has begun working with Hyperledger members, Blockchain Technology Partners (BTP), in order to integrate the Digital Asset Modeling Language (DAML) runtime with Hyperledger Sawtooth, which is a modular platform for building, deploying,…

Read More

BlockShow Launches Crypto Fundraising Campaign for Notre Dame Reconstruction

BlockShow, an international blockchain event powered by Cointelegraph, has started a campaign to raise crypto for the Notre Dame cathedral reconstruction. BlockShow, an international blockchain event powered by Cointelegraph, has started a campaign to raise cryptocurrency for the Notre Dame cathedral reconstruction. The news was announced on BlockShow’s official Twitter account on April 16. In the tweet, the team behind BlockShow revealed that it has initiated a fundraising campaign for the Notre Dame reconstruction following the devastating fire that engulfed the cathedral yesterday, April 15. The BlockShow team posted two…

Read More

Bitcoin Price Analysis: Daily Resistance Level Tested Following Strong Buying Pressure

Summary: Despite some strong, intraday selling, bitcoin’s macro-bullish market structure remains intact. So far, we have seen a test of two daily levels and have clearly established support. At the moment, the bitcoin market is working on testing a third level, but is currently feeling out the strength of the supply and demand. We have yet to see a strong test of the overhanging liquidity zone in the $5,700 to $6,000 range so, it seems logical to see a test of that region before any meaningful, macro pullback takes place.…

Read More