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11 Indian Banks come together To Launch Blockchain Funding for SMEs! Other crypto news

This is a daily round up of important blockchain and crypto news between Jan 28, 2019 and Jan 29, 2019 . The focus is on important news around developments in the blockchain space, on exchanges and crypto projects.

 Please note that this is neither the only nor the exhaustive list, we are constantly trying to improve the feed and if you have any feedback, please feel free to contact us.


1. BTT ‘Sells Under 15 minutes’

As per previous announcements, BitTorrent tokens (BTT) powered by Tron and peer-to-peer file sharing company, BitTorrent were launched on Monday.Tron said that the new tokens were scooped up by the enthusiastic community in less than 15 minutes. There were some pissed off users that said this was nothing but high-end shilling. Read more

2. 11 Indian Banks come together To Launch Blockchain Funding for SMEs

The banks reportedly include, ICICI, Axis, HDFC, Yes Bank, among others, as per a report published by news portal, Money Control. Other banks that will function as outside members will include, State Bank of India, South Indian Ban, Bank of Baroda, to name a few. It is an attempt to bring about change in the existing lending practices. Read more

3. QuadrigaCX Becomes Another Troubled Crypto Exchange

After crypto exchange Liqui’s announcement  that it is shutting down, a Canadian exchange by the name QuadrigaCX, was ranked 154th by 24 hour volume on Coinmarketcap. It has become a headache for its customers who have been unable to withdraw funds from the exchange for months. The exchange’s website has also been unavailable for long periods of time, with various reasons given for the downtime. Read more

4. Nestle: IBM Food Trust Blockchain Set to Expand to New Suppliers, Consumers in 2019

Swiss-headquartered food retail giant Nestle S.A. says that the blockchain-based IBM Food Trust initiative -which counts major global retailers such as Walmart and Unilever as members-is gearing up to onboard new suppliers and retailers this year. The project’s goal is to strengthen companies’ ability to identify issues involved with food recalls, such as tracing outbreaks more swiftly to minimize customer risk. Read more

5. Majority of Money Stolen in Cryptocurrency Hacks Ended with Two Groups: Chainalysis Report

According to the story the Chainalaysis report states that almost all funds stolen in cryptocurrency hacks and scams have ended up with two entities. Chainalysis calls those entities Alpha and Beta in its report, and both entities seem to have major differences in their operations. Moreover, both groups are perhaps still active. Read more

Bite-sized News

Only the headlines are enough for these news

  • Desktop Crypto Asset Manager Ledger Live Launches Mobile App Version Read Story.
  • Austrian Capital Vienna Develops Reward Token for Citizens in Partnership with University
    Read Story.
  • NYSE Operator Partners With Block stream to Launch Crypto Tracking Tool for Investors Read Story.
  • Blockchain Browser Brave to Offer Free Access to Premium Cheddar Content
    Read Story.
  • Court Orders BitGrail Founders to Reimburse Funds to Aggrieved Victims Read Story.

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