The Cleveland Cavaliers and the team’s affiliate gaming partner, Cavs Legion GC, have partnered with UnitedCoin. Ohio-based professional basketball team the Cleveland Cavaliers (The Cavs), along with its associated esports club Cavs Legion GC, have partnered with the cryptocurrency firm UnitedCoin. The National Basketball Association (NBA) announced the new partnership in a press release on […]
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The average block size suddenly jumped from around 1 megabyte to over 3 megabytes — by far the highest average in Bitcoin’s history. Blockchain validation platform VeriBlock produced almost 25% of on-chain Bitcoin (BTC) transactions in 24 hours July 14, the company confirmed on social media. VeriBlock, which uses its own ‘Proof-of-Proof’ protocol to validate […]
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Major cryptocurrency exchange Binance announced that it completed the eighth Binance Coin token burn and that it intends to also burn the tokens allocated to its team. Major cryptocurrency exchange Binance announced that it completed the eighth Binance Coin (BNB) token burn and that it intends to also burn the tokens allocated to its team […]
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Stablecoin operator Tether mistakenly minted five billion USDT tokens on the Tron blockchain. Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13. Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — noted that 50 million USDT tokens were transferred from cryptocurrency exchange […]
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Researcher from RMIT explains why startups will fail to fulfil their promises to disrupt real estate with blockchain. Why have blockchain pilots in real estate abated somewhat? Those projects bump up against the fundamental inconsistency of blockchain and existing state system, and it seems they cannot confessed to this. First, there is no such thing […]
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Market research by Grand View Research suggests that digital tech, including blockchain, is driving the growth of global transportation management systems. A recent market report by Grand View Research suggests that blockchain is one of the digital technologies driving market growth in the global transportation management systems (TMS) sector, according to a press release on […]
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Crypto markets are down on the day, with some top-20 coins reporting double-digit losses. Thursday, July 11 — major cryptocurrency markets are trading in the red zone, with just a few coins reporting moderate gains, according to Coin360. Market visualization courtesy of Coin360 The leading cryptocurrency Bitcoin (BTC) has continued coming down after yesterday;s sharp drop […]
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U.S.-based payments startup Fold has made Lightning Network payments possible at Amazon, Starbucks, Uber and other big name retailers. United States-based payments startup Fold has made Lightning Network (LN) payments possible at Amazon, Starbucks, Uber and other big name retailers. The news was revealed in an official blog post published on July 10. As previously […]
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Global banking giant HSBC has tested out its blockchain-based trade finance platform Voltron and reduced transaction time by 40%. Global banking giant HSBC has tested out its blockchain-based trade finance platform Voltron and reduced transaction time by 40%, the Chartered Institute of Procurement & Supply reported on July 10. To arrange a shipment between Hong […]
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Visa co-led a $40 million funding round in crypto startup Anchorage, marking its second-ever investment in a crypto startup. Global payment giant Visa has recorded its second investment in a crypto project by leading a $40 million funding round of Anchorage startup, according to a Fortune report on July 10. Visa has reportedly led the […]
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