Blockchain-powered rewards startup MiL.k stikes a partnership with a retail cluster in Seoul downtown, brings the technology to “millions.” Blockchain rewards platform MiL.k has teamed up with Seoul-based luxury retail space chain Shinsegae Duty Free to provide loyalty points compatibility and management. The new partnership allows Shinsegae customers to connect their existing rewards accounts to […]
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The South Korean blockchain space sees many new platforms trading for unlisted stocks, following an offering from state-backed Koscom last year. The South Korean blockchain space is seeing a steady stream of platforms specialized in trading for unlisted stocks, following on from a major offering from state-backed financial IT firm Koscom last year. Business Korea […]
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Activity on the Bitcoin blockchain is slowing down as miners process almost all pending transactions in the mempool. As Bitcoin (BTC) halving is set to occur in less than eight hours, the blockchain is currently registering a slowdown in activity. A mempool visualization website shows that the number of pending transactions currently sits at around […]
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What’s in a $1,200 drop? Bitcoin is serving up considerable volatility, but all factors point to business as usual as the third halving hits. Bitcoin (BTC) has delivered awe-inspiring volatility in the days before its third block reward halving — but what should traders look out for as the event hits? Cointelegraph takes a look […]
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The average block size of the Bitcoin network peaked at 1.341 MB on May 2, with the mining hash rate approaching a new all-time high. The mean block size of the Bitcoin network peaked this month, with the hash rate setting new records before the rewards halving, scheduled in about 10 hours at the time […]
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Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process. Singapore-based multinational banking firm DBS Bank has joined the blockchain trade-finance network Contour, which is built over R3’s Corda. Contour is due for a main-launch later this year. According to a May 11 report by the business news outlet […]
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SBI Holdings is proposing Ripple partner with multinational corporations to increase transparency and traceability across supply chains. Yoshitaka Kitao, Chief Executive Officer (CEO) of Japanese financial giant SBI Holdings, has proposed Ripple partner with multinational companies in addition to financial institutions. His recommendation was partially influenced by Japan’s handling of the COVID-19 pandemic. Kitao, also […]
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Representatives from the Loom Network have clarified that, though they have pivoted to an enterprise solution, the project remains active. On May 9, we wrote that the Loom Network, a platform-as-as-service blockchain project, appeared to no longer be active. Representatives from the platform have since responded publicly to Cointelegraph, indicating that the project is, in […]
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Bitcoin suffers a “halving dump” after testing $10,000, what the event means for miners, and the latest predictions of where prices will be in 2021 and beyond. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading […]
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While the fear and uncertainty surrounding BTC has decreased quite substantially before the upcoming halving, experts have noted that the greed aspect of the F&G Index has increased greatly over the past couple of days. With Bitcoin’s (BTC) third mining rewards halving just over 24 hours away, mainstream market hype surrounding the event has grown […]
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