Andreessen Horowitz Invests $15 Million in Stablecoin Firm MakerDAO

Andreessen Horowitz via its investment fund a16z has acquired 6 percent of the total MakerDAO token supply. American venture capital fund Andreessen Horowitz has invested $15 million into blockchain startup MakerDAO (MKR), according to an announcement published September 24. MakerDAO is the firm which stands behind Ethereum-based stablecoin Dai (DAI) and its accompanying decentralized credit […]

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Walmart Requires Certain Produce Suppliers to Deploy Blockchain Technology

Walmart will require its suppliers of leafy-greens to implement blockchain technology by September 2019. U.S. retail giant Walmart and its division Sam’s Club, a membership-only retail warehouse club, will require suppliers of leafy greens to implement a farm-to-store tracking system based on blockchain tech, Reuters reported September 24. The end-to-end traceability system is based on […]

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US: Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape

On Tuesday, representatives from the crypto industry and U.S. lawmakers will gather to discuss regulatory issues and policy-making. Representatives from U.S.-based financial giants and cryptocurrency startups will meet with Washington lawmakers this Tuesday to discuss the regulatory landscape, CNBC reported September 24. The roundtable dubbed “Legislating Certainty for Cryptocurrencies” will reportedly be hosted by Rep. […]

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Europol: Terrorists Still Use Banks, Fail To Abuse Cryptocurrencies

A new assessment by Europol this week reveals a growing schism between the use of cryptocurrencies by terrorists and other criminals. No European Terrorist Attacks Leveraged Crypto Funds In its Internet Organized Crime Threat Assessment (IOCTA), the organization highlights that while the use of Bitcoin in particular by cybercriminals is growing, terrorists still prefer conventional […]

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South American Crypto Exchange Buda.com Seeks Help of Colombian President for Reopening

South American crypto exchange Buda.com has petitioned Colombian President Iván Duque to help restart their operations in the country. South American cryptocurrency exchange Buda.com has requested Colombian President Iván Duque to help reopen its operations in the country, local news outlet La Republica reported September 21. Digital currency exchange Buda.com — which boasts around 35,000 […]

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