Daily, June 4, ’18

Daily, June 4, ’18

China, Abu Dhabi, Google, Japan, Telegram, Hitbtc, Ripple, Coinify, Microsoft, GitHub

  • China Central Television (CCTV), the country's primary state broadcaster, has said that blockchain is '10 times more valuable than the Internet'.
  • Maqta Gateway, a subsidiary of Abu Dhabi Ports, will develop its own platform called Silsal, which will link the trade community’s members by integrating blockchain with digital user IDs.
  • Google announced the ban of all Bitcoin and cryptocurrency adverts on its platforms. Phillip Nunn, CEO of Blackmore Group, predicts that it can be connected with their plans 'to introduce their own cryptocurrency to the market in the near future'.
  • Japan's Cryptocurrency Support Center has launched an intensive course for middle-aged and elderly adults to help them learn and invest in cryptocurrencies.
  • The company, whose name has not been disclosed, has filed a lawsuit against Pavel Durov, the founder of Telegram, claiming that the messenger has copied the technology of the Telegram authorizing Passport.
  • Hitbtc has ceased its services for Japanese traders to avoid any trouble with the country’s financial regulator since it is not authorized to operate in Japan.
  • Ripple has partnered with 20 educational institutions worldwide on its newly unveiled University Blockchain Research Initiative (UBRI) and will provide $50 million in funding.
  • Coinify, a Copenhagen-based blockchain payment service provider, has hired an 'ideal candidate', Hans Henrik Hoffmeyer, as a new COO in order to take the company to a new level of the blockchain industry.
  • The news that Microsoft has plans to acquire popular software repository platform, GitHub, in a deal worth at least $2 billion was followed by a negative reaction of Bitcoin core developers.
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