The CEO of crypto payments firm Circle, Jeremy Allaire, suggested that macroeconomic turmoil is responsible for Bitcoin’s recent growth. The CEO of crypto payments firm Circle, Jeremy Allaire, suggested that macroeconomic turmoil is responsible for Bitcoin’s (BTC) recent growth. During the interview with CNBC on Aug. 5, Allaire suggested that Bitcoin has become a safe […]
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South Korean fashion platform Sinsang Market has joined the ecosystem of the Terra Alliance, a stablecoin-focused association of large e-commerce companies. South Korean business-to-business fashion platform Sinsang Market has joined the Terra Alliance ecosystem, a stablecoin-focused association of large e-commerce companies. As South Korean economics-oriented newspaper EconoNews reported on Aug. 3, the partnership between Sinsang […]
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Financial services firm Standard Chartered completed its first joint blockchain-based supply chain financing transaction in cooperation with Linklogis. London-based bank and financial services firm Standard Chartered has completed its first joint blockchain-based supply chain financing transaction. Standard Chartered announced on Aug. 5 that the institution successfully ran their first joint deep-tier supply chain financing transaction […]
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Outflows on BitMEX, the second top crypto exchange by reported trading volume to date, exceed $500 million in July. BitMEX, the second top crypto exchange by reported trading volume to date, experienced record outflows during the month of July. According to the blockchain data provider TokenAnalyst, the total outflow on the exchange amounted to around […]
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U.S. Securities and Exchange Commission commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for the offer and sale of certain tokens. U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for token offerings. The news was reported by Singaporean blockchain business consulting firm Jenga […]
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Tech giant IBM and blockchain company Chainyard have jointly announced a new blockchain network designed to improve supply chain management. Tech giant IBM and blockchain company Chainyard have jointly developed a new blockchain network for supply chain management. IBM announced the platform in a press release shared with Cointelegraph on Aug. 5. Alongside IBM, the […]
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The founders of Orbs — the blockchain startup President Trump invited to his Middle East Peace Plan conference — have become mired in their own fraternal strife. The founders of Orbs — the blockchain startup President Trump invited to his Middle East Peace Plan conference — have become mired in their own fraternal strife. As […]
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Mastercard appears to be angling to enter the crypto wallet space with new job ads for blockchain and cryptocurrency-related product development. Mastercard appears to be angling to enter the crypto wallet space with new job ads for blockchain and cryptocurrency-related product development. According to updated job listings from the payments giant as of August 2, […]
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Tron’s founder, Justin Sun, announced that the first version of the Tron scalability solution Sun Network will be released on Aug. 10. Blockchain platform Tron’s founder, Justin Sun, announced that the first version of the Tron (TRX) scalability solution called “Sun Network” will be released on Aug. 10, in a tweet published on Aug. 4. […]
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Volvo is producing electric cars with cobalt mapped on a blockchain. Automaker Volvo Cars, owned by Chinese automotive group Geely, has produced electric cars with cobalt mapped on a blockchain, Reuters reports on Aug. 2. Blockchain used to combat child labor Per the report, Volvo also joined a project to monitor cobalt from Democratic Republic […]
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