Amazon Web Services Launches Managed Blockchain Service

Amazon Web Services (AWS), the cloud computing platform subsidiary of retail giant Amazon, has made its Amazon Managed Blockchain (AMB) generally available, according to an announcement on April 30. The product will purportedly allow customers to set up blockchain networks within their organizations, and uses the Ethereum and Hyperledger open source frameworks. Notably, Amazon states …

JPMorgan Chase Senior Executive Becomes CEO of Blockchain Precious Metals Firm

Blockchain-powered precious metals platform Tradewind has appointed an ex-JPMorgan Chase executive as its new CEO, the company confirmed in a press release on April 30. Michael Albanese, who previously worked as the bank’s Global Head of Agency Collateral Management and Global Head of Securities Clearance, will take over Tradewind’s operations immediately. Those currently include the …

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Tether Scandal Could Cause Big Bitcoin Short Squeeze, Boosting BTC: Analyst

Last week, the crypto community was shocked when the New York Attorney General’s (NYAG) office revealed that Tether Limited, the issuer of the USDT asset, and world-renowned Bitcoin (BTC) exchange Bitfinex may be in precarious financial standing. Related Reading: Bitcoin and Crypto Investors Are Torn Over Using Bitfinex After Accusation Respected sources, however, claim that …

Enjin & CoinSwitch Collaborate on In-Wallet Trading, Blockchain Explorer, and Cryptocurrency Payment Gateway for Games

Enjin and CoinSwitch have announced a threefold collaboration, which includes the integration of the CoinSwitch exchange platform into the Enjin Wallet, the launch of a custom-branded blockchain explorer for CoinSwitch platform users, and creation of an in-game payment gateway for Unity game engine. 30 April 2019, SINGAPORE — Enjin, and CoinSwitch have announced integration of …

Debunking Bitcoin Myths: “It’s Only for Criminals”

A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin Bitcoin’s core value proposition is that it is an uncontrolled, apolitical money. To some people, this means Bitcoin is only useful to people who want to get around various regulations imposed on the world’s financial systems and society more …

Moody’s Misses the Point on Blockchain Tech, Fears ‘Systemic’ Risk

By CCN: Moody’s is one of the world’s best-known rating agencies, and it appears they are ready to admit they see some upside in blockchain technology. They also claim there are systemic risks to conventional finance from the adoption of the tech. Moody’s Is Concerned About “Concentrated Risk” When Using Blockchain Yes, you heard that …