The world of fine spirits continues to apply distributed ledger technology. The Stin, an Austrian-based gin distiller, is set to use ICON (ICX), South Korea’s largest public blockchain project, to transparently track its supply chain. An Austrian blockchain firm, block42, will be combining near-field communication (NFC) technology with the ICON blockchain to maximize the security […]
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“A digital euro could be a complement to, not a substitute for, cash,” Lagarde said. Any digital currency released in the European Union may not fully replace fiat, said the President of the European Central Bank, Christine Lagarde. Speaking at an online meeting of the Franco-German Parliamentary Assembly on Sept. 21, Lagarde stated that the […]
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The CEO called digital assets a “pandemic resilient” solution for businesses. Catherine Coley, the CEO of crypto exchange Binance’s United States branch, says adopting crypto may be one of the only ways for businesses to be “pandemic resilient” going forward. In a Sept. 21 interview with Joe Weisenthal and Tracy Alloway on Bloomberg’s Odd Lots […]
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Anthony Pompliano sees the digital art market cap eventually passing $65 billion. Major players in the crypto community are betting big on digital art NFTs surpassing the physical art market. According to a Sept. 21 tweet from Messari analyst Mason Nystrom, sales of non-fungible token (NFT) marketplace Rarible passed $5 million in September, with a […]
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2020 is showing that investors are more skewed to hodling than speculating, says Delphi Digital, in line with various findings from the past few months. Bitcoin (BTC) hitting its highest in over a year was different from the 2019 bull run because exchange balances fell, a new report says. Published on Sep. 21 and seen […]
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A CoinGecko survey has found that the majority of yield farmers do not understand the smart contracts underpinning the DeFi protocols they use. The majority of yield farmers do not understand how to read the potentially risky smart contracts that underpin the decentralized finance (DeFi) ecosystem — but that hasn’t stopped them making huge profits. […]
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The MEME crypto asset has blasted into new all-time highs of $1,775 after being listed on Poloniex. MEME, a community-driven project inspired by a ConsenSys developer’s satire of the yield farming bubble, has gained nearly 100% in 24-hours to post an all-time high of $1,775 after listing on Poloniex. Since the start of September, MEME […]
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The Australian government-backed supply chain traceability platform Entrust is launching on Hedera Hashgraph. The Australian government-backed agricultural supply chain platform Entrust has announced it will operate on Hedera Hashgraph — a distributed ledger platform claiming a transactional throughput of 10,000 transactions per second. South Australia’s premier, Steven Marshall, officially launched Entrust on September 20, describing […]
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Ethereum’s correction triggered a DeFi-token collapse which resulted in YFI and UNI dropping by 46%. After outperforming Bitcoin (BTC) and Ether (ETH) strongly in August, Decentralized Finance (DeFi) tokens are now plummeting as many registered losses of up to 50%. Cryptocurrency daily market performance snapshot. Source: Coin360 At the moment, the two coins garnering the […]
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Brazil’s Hashdex is teaming up with Nasdaq to bring the world’s first Bitcoin ETF to the Bermuda Stock Exchange. Regulated Brazilian fund manager Hashdex has inked a deal with Nasdaq to launch the world’s first crypto asset exchange-traded fund (ETF) on the Bermuda Stock Exchange (BSX). The stock exchange announced it had approved the ‘Hashdex […]
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