VeChain Confirms Partnership with BMW

During the rebranding event, VeChain CEO confirmed the rumors about VeChain and BMW partnership
27 February 2018   1861

Blockchain-based supply chain enhancement platform VeChain official announced the partnership with the German car manufacturing giant BMW. It was confirmed by VeChain CEO Sunny Lu during the event.

Before the announcement, rumors of the partnership between VeChain and BMW had been circulating in the cryptocurrency market for a while now.

After all, BMW is not the first car manufacturing company to partner with a blockchain firm. Not a long time ago, Volkswagen partnered with the Berlin-based blockchain firm IOTA, to utilize the latter’s massive data pool.

More than that, VeChain rebranded itself to VeChain Thor, a marketing stunt which has proven successful for many projects.

Besides the partnership with BMW, VeChain (currently VeChain Thor) has also announced a collaboration with Oxford University. The university will help with the technological development of the VeChain Thor platform as part of VeResearch.

Furthermore, yesterday, South Korean crypto exchange Coinnest listed VeChain Thor tokens.

Poloniex to Suspend Operations for Few Hours

Representatives of the exchange say users' funds will be completely safe during maintenance
21 February 2019   55

The cryptocurrency exchange Poloniex has announced maintenance, which will begin on February 22 at 22 UTC. The trading platform will be unavailable for several hours.

Representatives of the exchange claim that the users' funds will be completely safe. Technical work associated with the modernization and transition "to the best data centers, which will increase the reliability of the platform and increase uptime."

Also in Poloniex noted that the trade orders of users will not be canceled.

Recall, recently Poloniex has added to the listing of privacy-oriented cryptocurrency Grin.