Cryptocurrency News

Despite the fact that the cryptocurrency market is struggling, the Blockchain job market is growing. Data shows that there has been sustained growth in jobs related to Blockchain technology in Asia.

VMWare, the cloud computing and virtualization company announced on Thursday that it had developed a new open-source Blockchain system which was designed to be both scalable as well as energy efficient.

According to mainstream media, venture capital firm Andreessen Horowitz is investing even more money in one particular Blockchain based startup that is hoping to become the foundation of the new Internet.

Backed by the institutional investment firm Morgan Creek, the Morgan Creek Digital Asset Index Fund was officially launched on Tuesday, August 28. This investment fund has been launched in partnership with Bitwise Asset Management.

Baidu, the Chinese technology major, has joined Tencent and Alibaba by imposing anti-crypto measures in accordance with the government’s tougher stance.

Like a dragon lying dormant, South Korea is waiting for its once inexhaustible cryptocurrency market to wake up again. The country’s history with blockchain…

The New Energy and Industrial Technology Development Organization (NEDO) in Japan is developing a Blockchain powered data sharing system focused on the trade industry in the country. The agency is working on a mandate passed given by its parent organization, the Japanese Ministry of Economy, Trade and Industry (METI).

In the latest cryptocurrency news, two of the biggest Chinese mobile payment platforms are planning to remove all of their crypto transactions on payment platforms.

Despite the fact that the cryptocurrency market the world over has seen massive declines in trading volumes so far this year, the biggest cryptocurrency exchange in South Korea, Upbit, reported profits to the tune of $100 million for quarter 3.

The idea of creative destruction seems to be taking on a whole new meaning in the cryptocurrency world as startups are destroying their own tokens. And by doing so, they are actually creating value for their investors.