Dong Reveals IEO Plan in Attempt to Recoup Frozen Funds

Zhao Dong is one of many shareholders of Bitfinex, an exchange that focuses on cryptocurrency. He recently revealed some promotional materials that detail Bitfinex's initial exchange offering, or IEO. The exchange's IEO is estimated to reach around $1 billion. This information was originally shared on Dong&…

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Pfizer Brings Blockchain to the Healthcare Industry

Pfizer Inc. has teamed up with a host of other pharmaceutical companies in the U.S. to create a blockchain network from which the pharmaceutical and health industries can benefit. A recent press release mentioned the AmerisourceBergen Corporation, Premier Inc., Pfizer Inc., and the McKesson Corporation amongst the group of…

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Microsoft Teases New Features with Blockchain App

Microsoft is getting in on the blockchain app development game. It announced that its fully-managed Azure blockchain service will go live. In a press release from May 2, 2019, the company reported that the new blockchain as a service, or BaaS, will be a platform that will allow users to…

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Digital Token KIN Gets a New Big Sponsor from Canada

On April 30, Coinbase Custody, which is a wholly owned subsidiary of the San Francisco-based Coinbase digital currency exchange, announced that, effective immediately, they would support what is known as the mainnet iteration of a digital token called KIN. KIN was developed by a Canadian company called Kik Interactive, which…

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Transportation Executive Boosts Blockchain Standards

On April 25, Rob Carter, who is the chief information officer at FedEx, gave a public talk in which he stated that there needs to be uniform standards in the blockchain industry. The American company he works for runs one of the largest delivery services in the world. Carter was…

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