Asia / 12:46 am

What Fork? Asian Traders Are Buying Bitcoin Cash

With bitcoin cash (BCH) now looking certain to split into two competing cryptocurrencies, some traders in Asia are betting that the sum of the parts will be worth more than the whole. Specifically, these investors have been buying BCH in anticipation that Thursday’s contentious network software upgrade, or hard fork, will leave them owning two […]

Asia / 2:46 am

Crypto Wallet Maker Ledger to Expand Support for Stablecoins, Including Tether

Ledger, the hardware cryptocurrency wallet maker, plans to add support soon for more stablecoins, including expanding tether (USDT)’s usability across all its products and services, executives said. Currently, the company supports tether for its two handheld storage products, the Ledger Nano and Ledger Blue, but it intends to add the U.S. dollar-linked cryptocurrency to its […]

Asia / 6:06 pm

MetLife Asia Affiliate Trials Blockchain Insurance Product

LumenLab, an affiliate to insurance giant MetLife’s Asia bureau, has successfully trialed a blockchain-powered insurance product to offer financial protection to pregnant women with a risk of gestational diabetes. According to a news release published Monday, the product, dubbed “Vitana,” will connect its customers’ electronic medical records to their mobile devices to issue a policy in […]

Asia / 9:09 am

Cloud Provider Xunlei Launches Blockchain File System

Chinese technology company Xunlei Limited, known to some as the BitTorrent of China, announced Friday that it has launched a new distributed file system aimed at supporting blockchain platforms. The ThunderChain File System (TCFS), as well as three ThunderChain Request for Comments (TRC) standards, will help support blockchain development, the company said in statements. The […]

Asia / 6:07 am

India’s Ruling Party Accused of Involvement in ‘Mega Bitcoin Scam’

The Indian National Congress (INC) party, the largest political party in the nation, is accusing the ruling Bharatiya Janta Party (BJP) of money laundering through bitcoin. INC, more commonly known as the Congress Party, alleged Thursday that the BJP was converting “black money” into white using bitcoin in the western state of Gujurat, the English-language […]

Asia / 5:16 am

Tencent, Chinese Officials Partner on Fighting Blockchain Security Risks

Technology giant Tencent is teaming up with the Chinese government to fight blockchain-related security issues. The firm’s vice president, Bin Ma, announced the formation of the China Blockchain Security Alliance during the China Blockchain Security Forum in Beijing on Thursday, according to a report from ChinaNews, a state-owned media outlet. The forum, hosted by the government-backed […]

Academy / 9:05 am

National Chinese Science Academy Launches Blockchain Lab

China’s federal science institution, the Chinese Academy of Sciences, is taking part in a new research effort around blockchain. The highest academy for science in China said it had established a new “Big Data and Blockchain Lab” during a seminar on June 15, according to People’s Daily, the state-run media outlet. The lab, which is being […]

Asia / 4:54 pm

Goods-to-Crypto Marketplace to Eliminate Fiat From Process of Buying Cryptocurrencies

An established company in the mobile finance sector is developing a platform which eliminates fiat money from the process of acquiring and spending cryptocurrency – with a peer-to-peer marketplace where physical goods can be bought and sold in an instant. Ubcoin Market has the ambition of becoming “the world’s first truly efficient alternative to crypto […]