Sixteen cryptocurrency exchanges in Japan are reportedly planning to create a self-regulating body that will oversee crypto markets in the country. The move is in response to the recent hacking attack on crypto exchange Coincheck, which led to the theft of more than $400 million in cryptocurrency.
Blockchain firm Wanchain has partnered with various Austin companies to form the Austin Blockchain Collective (ABC). The goal of the ABC is to advocate for the adoption of blockchain innovation at the local level and for the larger global ecosystem.
Built in China and headquartered in Austin,
A report from Cisco’s Talos cybersecurity team says a Ukraine hacker group called Coinhoard has stolen more than $50 million in cryptocurrency from users of Blockchain.info, the digital currency wallet provider.
The Cisco report explained how the group used a unique technique: Buying Google ads on search keywords related to cryptocurrency.
Australian blockchain startup TBSx3, shipment tracker DB Schenker, logistic supply chain company DP World Australia, and an unnamed container carrier have formed a blockchain consortium to tackle the issue of fake goods.
The companies intend to use blockchain architecture developed by TBSx3 to combat the global counterfeit goods industry,
SBI Ripple Asia has formed a consortium with some Japanese credit card companies to utilize blockchain technology. Called the Credit Card Industry Consortium, the group will be formally established in January.
Formed in 2016, SBI Ripple Asia is the Asia-Pacific partnership of Japanese financial services company SBI Holdings and FinTech payments firm Ripple.
Enterprise Ethereum Alliance (EEA) has created three new member-driven working groups focused on energy, digital identity, and multiplatform interoperability. This brings the total number of EEA working groups to 17.
Formed in February of this year, EEA is a blockchain initiative seeking to evolve ethereum so that it can serve as an enterprise-grade technology.
Blockchain consortium Hyperledger Project is reportedly losing its members. The consortium has seen more than 15 members either reduce their financial stake in the group or quit during the course of the past few months, according to documents seen by Reuters.
Hyperledger Project is an umbrella project of open source blockchains and related tools,
Tech giant IBM, retailer Walmart, China mobile solutions provider JD.com and Tsinghua University National Engineering Laboratory for E-Commerce Technologies have joined forces to create the Blockchain Food Safety Alliance, which will enhance food tracking, tracing, and safety in China.
Outlier Ventures invests in companies building Web 3.0 with decentralized technologies and convergence-related startups. Outlier Ventures is also the company behind Blockchain Corporate Tracker,
Blockchain firms Aion, Wanchain, and Icon have joined forces to form the Blockchain Interoperability Alliance, a new advocacy group centered around interoperability between disparate blockchain platforms.
Blockchain interoperability has been a major issue in the industry.