A $5 million hack that has baffled investigators in Brazil was thwarted with assistance from local OTC trading desks. A $5 million online heist in Brazil targeting Spanish multinational financial institution, Banco Santander was thwarted after the funds were seized with local over-the-counter (OTC) crypto exchanges. The perpetrators immediately moved to convert the stolen funds […]
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Australian livestock traceability platform, Aglive Group Limited, announced the completion of a pilot tracing beef exports from Australia to China on May 4. Australian livestock tracking platform Aglive has completed a pilot that monitored shipments of beef to China. Aglive’s trial was launched during late-January and was conducted in partnership with global shipping logistics company […]
Continue ReadingTo gain transparency and consumer safety, the food-processing and meatpacking plants are implementing blockchain technology to their operation services. COVID-19 continues to wreak havoc, with United States meat producers being the latest victims of the pandemic in a “cascading series of events,” including shutting down of the food service sector, universities and school lunch programs, […]
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An exclusive report shared with Cointelegraph highlights the positive impact that blockchain could have on the music industry. The transition of royalty payments into the blockchain should empower artists in the music industry by increasing their bargaining power for asking higher payouts, claims a report that blockchain-based digital music platform, OPUS has shared with Cointelegraph. […]
Continue ReadingThe world’s largest producer of fruit and vegetables is expanding its use of blockchain for supply chain tracking. Dole Food Company, the world’s largest producer of fruit and vegetables, has revealed a five-year plan to expand its adoption of distributed ledger technology, or DLT, for supply chain tracking. Dole’s blockchain expansion was announced in its […]
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One of the Stellar Development Foundation’s recent hires said he is personally more concerned with industry growth than trading or holding individual assets. International and Public Affairs professor, Ronaldo Lemos, a recent addition to the Stellar Development Foundation, or SDF, said his personal interests align more with industry growth than asset holding or trading. “I’m […]
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Bling’s crypto gaming apps have seen a surge of downloads in the wake of COVID-19. US-based crypto gaming company Bling has reported a significant increase in the number of people using its products since most of the world entered various stages of lockdown in response to the COVID-19 pandemic. According to statistics shared exclusively with […]
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Celo has announced 18 finalists from 15 countries in its CeloCamp accelerator program. Open-source payments network and Libra rival Celo has announced 18 finalists spanning 15 countries from its CeloCamp blockchain accelerator program hosted in partnership with digital events company Upright. The program, launched during mid-February, comprises an eight-week virtual boot-camp intended to stimulate app-building […]
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A survey found twice as many people use central bank digital currencies than decentralized cryptocurrencies. Crypto.com and The Economist teamed up to survey more than 3,000 consumers on issues concerning crypto assets. The survey found far greater trust in central bank digital currencies, or CBDCs, than decentralized cryptocurrencies — indicating that crypto is still yet […]
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A Singapore-based sports blockchain venture begins trading a token released by Italian soccer club, Juventus. Cryptocurrencies like Bitcoin (BTC) are not new to the sports industry. Some NBA teams began accepting BTC as payment for tickets as early as 2014. Since then, the relationship between sports and crypto has been rapidly evolving. Today, a firm […]
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