BLOCKCHAIN Opens Institute for Building ‘Smart Cities’ With Blockchain and AI

[ad_1] A division of Chinese e-commerce giant, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28.Jingdong Group ( is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, aims to facilitate the development of “smart city” construction with the use of artificial intelligence (AI), big data, and blockchain

Blockchain Technology Could Reduce Uncertainty in Foreign Trade

[ad_1] In its new policy brief, the Austrian Research Center International Economics (FIW) has examined the possible effects of digitization, including blockchain technology, on the export economy, Cointelegraph auf Deutsch reports today, September 28.The report was prepared by Bernhard Dachs from the Austrian Institute of Technology on behalf of the Austrian Federal Ministry for Digital and Economic Affairs and draws a positive image of blockchain technology and artificial intelligence (AI).Dachs

Opera Partners With Ledger Capital to Explore Blockchain Applications

[ad_1] Opera has partnered with blockchain advisory and financial services firm Ledger Capital to explore possible blockchain applications, according to a press release published September 28.Per the announcement, the two companies are looking to investigate applications and use cases of blockchain and how the technology can be deployed within Opera products and its ecosystem.As previously reported, Opera became the first major web browser that included a built-in cryptocurrency wallet. Commenting

Crypto Accounts for Less Than 1 Percent of Pornhub Purchases

[ad_1] Canadian adult entertainment giant Pornhub has revealed that less than 1 percent of purchases on the platform are made in cryptocurrencies, Hard Fork reported September 28.Despite the low volume of subscriptions paid with crypto, a Pornhub spokesman told Hard Fork that  “[it] expect[s] to see widespread adoption of crypto[currency] and blockchain on our site in the near future.”Pornhub integrated a cryptocurrency payment option in August through a partnership with

US Congressmen Call on SEC for Regulatory Clarity Regarding Cryptocurrencies

[ad_1] A group of lawmakers from the U.S. Congress has sent a letter to Securities and Exchange Commission (SEC) Chairman Jay Clayton, calling for regulatory clarity regarding cryptocurrencies, CNBC reported September 28.According to CNBC, more than a dozen congressmen asked Clayton to tell investors how the SEC plans to regulate digital currency. The lawmakers requested clarity on the criteria for identifying digital tokens as “investment contracts” and therefore securities, in

$88.6 Million in Illicit Funds Funneled Through Cryptocurrency Exchanges

[ad_1] A recent Wall Street Journal investigation has found that $88.6 million in ill-gotten funds have been funneled through 46 cryptocurrency exchanges, the WSJ reported September 28. $9 million of the suspect funds reportedly went through crypto exchange ShapeShift.ShapeShift is a Switzerland-based digital currency exchange that was formed in 2014 by Erik Voorhees. Unlike other trading platforms, ShapeShift allows users to anonymously trade Bitcoin (BTC), which police can track, but