MIT, Stanford Researchers to Fund New ‘Globally Scalable’ Cryptocurrency, ‘Unit-e’

Major U.S. universities including MIT, Stanford and UC Berkeley have teamed up to fund a new digital currency. A group of researchers from top United States universities have announced the launch of a “globally scalable decentralized payments network,” according to a press release published today, Jan. 17. The development of the cryptocurrency, dubbed “Unit-e,” is […]

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UPS Unveils Equity Investment and Partnership With Blockchain B2B Firm Inxeption

An undisclosed investment from UPS reveals a commitment to blockchain profitability after cautionary statements from the logistics giant. The investment arm of logistics giant UPS has made an undisclosed equity investment in United States enterprise blockchain company Inxeption, the firm confirmed in a press release Jan 16. Inxeption, which began operations in 2017, aims to […]

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Circle Releases Third Audit Report of Stablecoin USDC’s Dollar Reserves

Cryptocurrency company Circle has released its third audit attestation of the USD reserves backing its USDC stablecoin. Cryptocurrency finance company Circle has released the third audit attestation of the reserves of its fiat-backed stablecoin, USD Coin (USDC), according to an official statement Jan. 16. The third-party audit of Circle’s United States dollar reserves was issued […]

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