Overstock’s blockchain arm tZERO bags $5 million in funding from GoldenSand Capital through its latest equity sale. tZERO, the blockchain subsidiary of the American internet retailer Overstock, raised $5 million in equity investment from the Hong Kong equity firm GoldenSand Capital. Speaking of the firm’s interest in being a part of tZERO’s initiative, chairman of […]
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Crypto-banking solution Dharma has implemented a function to send U.S. dollar payments to any Twitter handle, regardless of geographic location. Blockchain banking solution Dharma has implemented a new feature called Social Payments, allowing users to send U.S. dollars to any Twitter handle. An April 21 tweet announcing the move explained that payments can be made […]
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International Chamber of Commerce will curb the inefficiencies in carbon market using blockchain. International Chamber of Commerce (ICC) launched its new Carbon Council initiative to celebrate Earth Day’s 50th anniversary, which will work on bringing higher liquidity to the carbon market through the use of blockchain. ICC is an institutional representative of more than 45 […]
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RSK is entering the enterprise blockchain field with a pilot program designed to improve the direct debit process among Argentinian banks and financial institutions. An Argentinian consortium of banks and technology companies under the patronage of the Central Bank of Argentina is promoting a pilot program implementing blockchain. The system would be used to handle […]
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A new Chinese Bitcoin Ponzi scheme has absorbed roughly $11 million in Bitcoin in less than one month of operating. Antimatter Kingdom (AK), a new Chinese crypto Ponzi scheme, appears to have netted $11 million worth of Bitcoin (BTC) in less than one month of operating. Upon launching at the start of April, AntiMatter Kingdom […]
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The Winklevoss brothers’ Gemini cryptocurrency custodian and exchange has obtained a new security qualification, SOC 1 Type 1. The Winklevoss brothers’ Gemini cryptocurrency custodian and exchange has obtained a new security qualification, SOC 1 Type 1. According to an April 21 blog post by the company’s head of risk, Yusuf Hussain, Gemini became the world’s […]
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Israeli blockchain startup Orbs has come up with an idea to encourage people to self-quarantine by using a newly launched app. Crypto- and blockchain-focused companies around the world have been making efforts to support people amid the coronavirus pandemic, with some of them donating funds to nonprofits and providing supplies to hospitals. Israeli blockchain startup […]
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As the benchmark oil futures contract in the U.S. fell into negative territory this week, blockchain devs have been focusing on greener, sustainable energy projects. As the benchmark oil futures contract in the United States fell into negative territory this week for the first time in history, blockchain devs have been focusing on greener, sustainable […]
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Bitcoin SV’s Jimmy Nguyen has denied claims he is “intentionally evading” a subpoena in the Craig Wright case and said he’s easily located via Twitter or Google. Bitcoin SV’s Jimmy Nguyen has denied claims he is “intentionally evading” a subpoena in the long-running court case brought by the Kleiman against Satoshi-claimant Craig Wright. Nguyen’s legal […]
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The Industrial and Commercial Bank of China has a lot of positive opinions on blockchain technology. The Industrial and Commercial Bank of China (ICBC) has released a white paper on blockchain technology applications in finance. According to Sina Finance, the paper is the first of its kind in the banking sector. The document analyzes the […]
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