The world’s largest producer of fruit and vegetables is expanding its use of blockchain for supply chain tracking. Dole Food Company, the world’s largest producer of fruit and vegetables, has revealed a five-year plan to expand its adoption of distributed ledger technology, or DLT, for supply chain tracking. Dole’s blockchain expansion was announced in its […]
Continue ReadingFXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week. This week’s headlines from Japan included Mitsui & Co. Digital Asset Management kicking off its security token project, Coincheck’s fiat exchange listing seven altcoins, FXCoin unveiling physical crypto trading and XRP remittance testing plans, and GMO […]
Continue ReadingTwitter co-founder and CEO, Jack Dorsey, described Bitcoin’s white paper as poetry in a recent interview. In a podcast interview with tech researcher, Lex Fridman, Twitter CEO and co-founder, Jack Dorsey, referred to Bitcoin’s white paper as “Poetry.” “I think the Bitcoin whitepaper is one of the most seminal works of computer science in the […]
Continue ReadingCrypto trader and YouTuber, Tone Vays, explains what might happen if Amazon CEO, Jeff Bezos, tried to buy all Bitcoin in circulation. Crypto trader and YouTuber, Tone Vays, explained that Amazon’s $140 billion CEO couldn’t buy every Bitcoin (BTC) in circulation. What would happen if Bezos tried? “He would drive up the price of Bitcoin […]
Continue ReadingFLiK investors have opposed Kevin Hart’s motion to dismiss their $7 million lawsuit against him for promoting a fraudulent ICO in 2017. Investors who participated in the FLiK initial coin offering, or ICO, in 2017 have opposed entertainer Kevin Hart’s bid to have the $7 million lawsuit dismissed. The 25 investors claim that they collectively […]
Continue ReadingThe world has dramatically changed and traditional finance instruments such as venture capital funds have to adjust to a new reality. Shocking as it may sound, the venture capital industry is built on the idea that it doesn’t really matter if most of the companies they fund lose money or go belly-up. Could this be […]
Continue ReadingBinance Research gives further rationale for referencing Facebook’s Libra as the SpaceX of the payments world. A recent report from Binance Research claimed Facebook’s Libra is as disruptive for the payments industry as SpaceX was for interstellar travel — but why? When it entered the rocket sector, SpaceX found an industry laden with high […]
Continue ReadingAs oil overtakes Bitcoin for price volatility, FTX has launched oil future contracts pegged to the West Texas Intermediate, plus $100. The Binance-owned crypto derivatives exchange, FTX, has introduced oil futures following the recent record crash in U.S. oil prices — which fell as low as minus-$40 on April 20. FTX’s contracts will expire at […]
Continue ReadingBitcoin price is now facing stiff resistance at $7,800 with less than 17 days remaining before the much-anticipated halving event. The price of Bitcoin (BTC) has been stagnating between $6,600 and $7,200 for a few weeks, but finally, a breakout occurred to the upside, which meant a 10% push towards $7,750. But Bitcoin is not […]
Continue ReadingBIS Innovation Hub head asserted the decline of cash use amid the pandemic has renewed the pertinence of bank-issued digital currencies. Benoît Cœuré, the head of the Bank for International Settlements Innovation Hub, recently asserted that central bank digital currencies, or CBDCs, have been brought “into sharper focus” amid the coronavirus pandemic. Speaking during a […]
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