Commodity trading gets sweeter with blockchain-based sugar exchange

The UAE project will allow clients to trade tokenized sugar 24/7 without brokers, and fits into the Emirate Blockchain Strategy 2021’s goals The world’s largest sugar refinery, Al Khaleej Sugar, officially announced the application of blockchain technology in its recently launched sugar trading platform, DigitalSugar.io. Users of the UAE-based platform will trade the spot price of […]

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JPMorgan turns bullish on Bitcoin citing ‘potential long-term upside’

A report from JPMorgan’s Global Markets Strategy division discusses three bullish reasons for Bitcoin’s long-term potential. JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant cryptocurrency comes after PayPal allowed its users to buy and sell crypto assets. JP Morgan, […]

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Ethereum researcher Virgil Griffith files motion to dismiss North Korea conspiracy charge

Griffith argues that because his April 2019 conference presentation consisted of widely-available public information, he was not providing a “service” to North Korean officials Virgil Griffith, the former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People’s Republic of Korea, filed a motion on Thursday to dismiss the charge against […]

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