Crypto Daily News: EOS’s Block.one Gets Funding from PayPal and Bitmain Execs; Boeing Tests Blockchain
In today's edition of Crypto Daily News, we will cover Block.one receiving funding from top execs at PayPal and Bitmain, IBM teaming up with Columbia to launch a Blockchain Research Center, and the airplane maker, Boeing, using blockchain technology.
Crypto Daily News: June 17th, 2018
Block.one Gets Funding
EOS developer Block.one has secured investments from the crypto-mining billionaire Jihan Wu of Bitmain, and the billionaire PayPal co-founder Peter Thiel. Block.one made the official announcement via a press release on its website yesterday.Block.one's CEO, Brendan Blumer, made a statement about the investments on the press release, saying:
"As Block.one prepares to announce its future plans, we're excited to welcome key strategic investors aligned with our values of creating a more secure and connected world."
Peter Theil is considered to be one of the most 'innovative' entrepreneurs and investors in the world and his investment into Block.one speaks volumes.
IBM & Columbia University Team Up on Blockchain
Columbia, one of the US's most pristine universities, has teamed up with the technology giant IBM to launch a new research center for blockchain technology. This new collaboration seeks to boost blockchain application development and education initiatives, as reported by CoinDesk.The new center will be opening in a week and is located on the Manhattan campus of Columbia University. This new blockchain center will incubate blockchain application through a combination of technical and academic expertise.
Boeing Tests Blockchain
Announced via a press release this morning, the world's largest aerospace company and leading manufacturer of commercial jetliners, Boeing, states that it has teamed up with an artificial intelligence company to develop pilotless vehicles. These new products are anticipated to use blockchain technology.Last month, Boeing invested in the Texas-based SparkCognition, which will be working with the aviation giant to create a platform that tracks unmanned aircraft and allocates flight corridors."We're at a point in history where technological advances and societal trends are converging to demand bold solutions and a different way to travel," Boeing's CTO Greg Hyslop added.>> Spotlite and KashMiner Operations Halted by SECFeatured Image: Twitter
The world of crypto has developed at a breakneck pace over the past few years, and in a new development, cryptocurrency firm BitGo has announced the launch of its own crypto lending service. In recent …
Polkadot is readying itself for its expected network launch after it announced its integration with Chainlink oracles on February 25. The progress made with the integrations is an indication of a systematic approach that will allow … Read
On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since …
Are you interested in purchasing Bitcoin? If so, it’s essential to understand the potential security risks surrounding it. With cybercriminals ramping up their attacks, cryptocurrency will likely be a target. Here’s what you need to …
Theft has been a problem in all of history, but the digital age brings new challenges. While digital currency has several advantages over cash, it comes with some unique risks, like hacking and online fraud. …
If you’re like many, you’ve probably heard a lot about cryptocurrency in the past few years. It grows in popularity every day, and for businesses, it could save them money. When deciding if cryptocurrency will …