Drivers of the Jaguar Land Rover may soon accumulate rewards in digital currency for simply sharing their own data. According to the official report, the automaker is testing blockchain technology in an attempt to give users the ability to allow their vehicles to automatically report road condition data like traffic congestion.
Cryptocurrency Market Updates
There is no doubt that Samsung is another big-name company across the world. Interestingly, it is strongly considering the idea of issuing its own crypto. This is not something new in the crypto space, as similar stories have emerged from the likes of JPMorgan Chase and Facebook.
According to a press released shared on April 26, China is supporting the development of a blockchain city in the key shipping lane of Malaysia’s Malacca Strait.
According to a local news report, a draft of a bill that is targeting the complete ban of cryptocurrencies in the country is being circulated among the various departments of the Indian government.
Two men, who have been allegedly been running a fraudulent investment scheme, have been charged with the theft of 10.88 Bitcoin (BTC), which is worth about $59,000. A 13-count indictment has been filed against them in the District Court of Portland in Oregon in the US.
Longenesis, the Blockchain based medical data marketplace, and Insilico Medicine, the biotechnology company, have reached an agreement with Gil Medical Center, the South Korean hospital, to develop a Blockchain-powered health data management system. This collaboration was announced via a press release that was published on April 23.
The major US-based crypto exchange Coinbase has filed an application to close its PAC (Political Action Committee). According to a filing the company made with the FEC (Federal Electoral Commission), the exchange’s PAC neither received any funds, nor made any disbursements, which is why it was closing it.
A charity campaign to help with the direct transfer of $1 million worth of cryptocurrency donations to people in Venezuela has registered about 600,000 beneficiaries that have been verified.
The South Korean crypto exchange Coinnest is reportedly closing down. It is worth noting that the company is deemed to be the third largest in the country. The exchange posted the announcement on its official website, confirming all news that it is no longer in operation.
According to local news reports, the financial services firm SBI Holdings and the technology company FPT Corporation have together invested $3 million in Utop, a Viatnames Blockchain startup.