Tech Startup Fluree Raises Nearly $5 Million in Seed Round for Blockchain Database

Tech startup Fluree has raised $4.7 million in its first funding round for a blockchain-based database system, FlureeDB. North Carolina-based Fluree has raised $4.7 million in its first funding round for the company’s blockchain-based database system, according to a report by Tech Crunch on June 3. The firm’s blockchain database product, FlureeDB, purports to be […]

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French Retail Chain Carrefour Registers Sales Boost Following Blockchain Integration

French retail giant Carrefour has seen an increase in sales after the implementation of a blockchain-based tracking system. French retail giant Carrefour has seen an increase in sales after the implementation of a blockchain-based tracking system, Reuters reported on June 3. Carrefour’s blockchain tracking system enables customers to track the supply chain of 20 items, […]

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Walmart Follows Pfizer in Joining Blockchain Pharmaceutical Project MediLedger: Report

Walmart is planning to pilot a blockchain project allowing to track pharma products using MediLedger tech U.S. FDA in early June. Global retail giant Walmart is expanding its blockchain expertise by joining blockchain-powered pharmaceutical consortium MediLedger, industry media outlet CoinDesk reports on June 3. Walmart is reportedly planning to roll out a pilot project to […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Bitcoin SV, Stellar, Tron: Price Analysis June 3

While the recent rally has improved sentiment among traders, some skeptics remain. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by […]

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Gartner: Blockchain Tech Used by Enterprises at Risk of Becoming Obsolete Within 18 Months

Many enterprises have unrealistic expectations when looking to implement blockchain, the research firm Gartner has warned. Research firm Gartner has warned that 90% of the blockchain technology used by enterprises will need to be replaced within the next 18 months, tech site ITPro reported on June 3. The company’s senior research director, Adrian Lee, said the industry’s fragmented […]

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Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token

Brazil’s National Bank for Economic and Social Development will finance the production of a documentary using its BNDES token. A Brazilian state-owned bank is reportedly funding a documentary film through its own ether-based stablecoin, Cointelegraph Brazil reports on June 3. Brazil’s National Bank for Economic and Social Development (BNDES) will finance the production of a […]

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Hodler’s Digest, May 27–June 2: Top Stories, Price Movements, Quotes and FUD of the Week

Kik has launched a Defend Crypto campaign, while Facebook’s crypto coin could face some demographic challenges. Coming every week, the 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 coins, predictions, and much more — a week on Cointelegraph […]

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