Bitcoin ATM Firm LibertyX Expands Locations via New Partnership

LibertyX, the firm that launched America’s first Bitcoin (BTC) automated teller machine (ATM), will add 90 new machines to its network. In order to expand the network, Boston-based LibertyX has partnered with independent ATM operator DesertATM, according to a report by global ATM market publication ATMmarketplace on July 18. As a part of the partnership, DesertATM will upload LibertyX on 90 of its Genmega ATMs to enable Bitcoin operations. New Bitcoin ATM locations will include gas stations such as AMPM, ARCO & Chevron, as well as Family Dollar retail stores,…

New Jersey Accuses Blockchain Firm of Unregistered Securities Sale

The State of New Jersey alleges that a blockchain-based online rental marketplace sold over $400,000 of unregistered securities. A complaint filed on July 17 accuses Pocketinns, Inc. and its president Sarvajnya G. Mada of offering and selling around $410,000 of unregistered securities in the form of a cryptocurrency dubbed “PINNS Tokens.” The tokens were sold through an initial token offering between Jan. 15 and Jan. 31, 2018. Neither Pockettins nor Mada have allegedly been registered with the state’s Bureau of Securities.  The defendants purportedly sold tokens to 217 investors in…

Overstock Subsidiary and Tokenization Firm tZERO Announces New Management

The blockchain-based subsidiary of retail giant Overstock,  tZERO, has appointed three new managers. The company announced the new hires in a press release on July 17. According to the announcement, new appointees Brooke Navarro, Michael Mougias and Alexandra Sotiropoulos have been official managers since July 15. TZero states that these new executives are the firms head of issuance, head of investor relations and head of communications, respectively. The CEO of tZERO, Saum Noursalehi, remarked on the intended role for these new hires, saying: “On the issuance front, Brooke will drive…

Cleveland Cavaliers Partner With Cryptocurrency Firm UnitedCoin

Ohio-based professional basketball team the Cleveland Cavaliers (The Cavs), along with its associated esports club Cavs Legion GC, have partnered with the cryptocurrency firm UnitedCoin. The National Basketball Association (NBA) announced the new partnership in a press release on July 15. The partnership will reportedly be used to advertise UnitedCoin and provide the Cavs with an inroad to the fintech sector via cryptocurrency. For the Cavs, one aspect of this partnership will reportedly be LED signage inside Rocket Mortgage FieldHouse during Cavs games. The Cavs Legion will reportedly advertise UnitedCoin…

Blockchain Financial Firm Diginex Goes Public in Reverse Merger With 8i

Blockchain financial services firm Diginex Ltd. is scheduled to go public through a reverse merger with investment holding company 8i Enterprises Acquisition Corp. Subsequently, the firm will be listed on the Nasdaq, Bloomberg reported on July 10. Diginex is reportedly going to close a reverse merger deal with 8i, which will reportedly amount to $276 million including debt. Diginex shareholders will reportedly get 20 million ordinary shares of 8i, valued at $10 per share. According to Diginex’s CEO Richard Byworth, the deal is set to ensure broader market visibility for…

Blockchain Dev Firm Launches First Smart Contracts on Microsoft’s .NET

Developers can now write smart contracts in C# on Microsoft’s .NET architecture. Blockchain development firm Stratis Group Ltd has launched the first smart contracts on Microsoft’s .NET architecture, according to a press release shared with Cointelegraph on July 3. The company has introduced the Cirrus Sidechain Masternodes and Stratis Smart Contracts products designed to enable businesses to develop smart contracts in the programming language C#, a general-purpose language originally developed by Microsoft within its development platform .NET. This will purportedly allow enterprises to deploy smart contracts on one underlying general-purpose…

Blockchain Firm AmaZix is Tackling Crypto Scams on Telegram

When something becomes popular, illegal activity tends to follow. The cryptocurrency market knows this all too well, which is why AmaZix this week opened up its “moderation bot” so crypto scams can be booted from Telegram, a popular messaging app. Here’s what we know. Telegram Crypto Scams On Wednesday, AmaZix, a blockchain advisory firm, said it was opening up access to its “moderation bot,” in an attempt to boot the crypto scams that have found their way to the Telegram app. For the past two years, AmaZix has used the…

UK Financial Watchdog Grants License to London-Based Crypto Asset Firm

London-based crypto asset management firm Prime Factor Capital has obtained a license from the Financial Conduct Authority (FCA) to operate as a full-scope Alternative Investment Fund Manager (AIFM). The development was announced in a press release on July 1 Being FCA-authorized gives Prime Factor Capital the right to operate as a full-scope AIFM under the European Union’s AIFM Directive (AIFMD). The Directive is a regulation applied to private equity funds, hedge funds, and real estate funds, which sets standards for marketing in regards to raising private capital, risk monitoring and…

Deutsche Börse’s Xetra Exchange Lists First Blockchain Firm

Xetra, a Deutsche Börse-operated trading venue for financial assets such as stocks, bonds and funds, has just listed its first blockchain company. As reported by DGAP.de on Monday, shares in the firm, Advanced Blockchain AG, will be tradeable on Xetra from today. The news comes after the same company launched on the Frankfurt Stock Exchange in January. Berlin-based Advanced Blockchain AG develops distributed ledger technology (DLT) software for businesses, according to DGAP. Along with its subsidiary nakamo.to GmbH, the firm has built a project called peaq, which sets out to provide…

U.S. Clean Energy Firm Clearway Energy Will Test Blockchain for Renewable Energy Trading

United States-based clean energy development firm Clearway Energy Group is launching a pilot program for trading renewable energy credits on a blockchain, Bloomberg reported on June 28. Per the report, Clearway Energy partnered with Ethereum (ETH)-based energy trading startup Power Ledger to jointly build a system for trading renewable energy certificates. Power Ledger reportedly told Bloomberg that initially the solution will be tested in Massachusetts, generating one to five megawatts of electricity, while the second test will take place in the Midwest and generate upwards of 20 megawatts. The report…