South Asia Gateway Terminals becomes first Sri Lankan container terminal joined TradeLens platform. The first private Sri Lankan container terminal, South Asia Gateway Terminals, or SAGT, recently joined IBM and Maersk’s blockchain trade platform TradeLens. It is the first terminal in the country to adopt blockchain technology to digitize its trade processes. In an announcement […]
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The U.S. Food and Drug Administration has announced it will study blockchain technology to aid in smarter food security. The United States Food and Drug Administration (FDA) released a blueprint and pilot study for food safety, highlighting blockchain as a viable option for some of the identified challenges. The blueprint, released earlier this week, breaks […]
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Traders return coins to exchanges as Bitcoin moves lower, with CryptoQuant expecting a “small” retracement below $9,000. Bitcoin (BTC) edging ever closer to $9,000 support may lead to a major sell-off by exchange users, one analyst warns. According to data from on-chain analytics resource CryptoQuant, inflows of BTC to exchanges spiked on July 15. Kraken […]
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Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected. Sky Guo, founder of the Cypherium blockchain, predicts that central bank digital currency cross-border payments will happen “in the next couple years” or “even sooner”. In an interview with Cointelegraph on July 13, Guo said that CBDC development among […]
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The Beijing government has released its first blockchain application blueprint for government services, claiming 140 applications already use the technology. The Beijing government will release its first blockchain application blueprint on government services in China today, according to the local news on July 15. According to the blueprint, 140 government service applications are already on […]
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1,500% growth in the number of active addresses and a few other key indicators may explain the metric rise of Chainlink’s LINK token in 2020. The price of Chainlink’s LINK token has increased 480% since the beginning of 2020/ These three key metrics may explain its rise. LINK price 2020. Source: Nomics. Is it another […]
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Four macro indicators suggest a Bitcoin uptrend is near, following nearly two months of stagnation in a tight range. Since early May, the price of Bitcoin has been at a standstill in a tight range between $8,500 and $10,000. For most of the past month, BTC has remained between $9,000 and $9,500 as realized volatility […]
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Smucker will use a blockchain to trace Colombian coffee beans while letting consumers make donations to coffee farmers in Colombia. The J.M. Smucker Company, also known as Smucker’s, has announced that it will use blockchain technology to trace Colombian coffee beans directly back to their source while allowing consumers the opportunity to support coffee farmers. […]
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Global crypto exchange OKCoin unveiled its own oracle as a verifiable price data source for the decentralized finance, or DeFi, space. OKCoin fired up its own price oracle for the DeFi space with data traceable back to its origin, offering verified accuracy. “OKCoin has launched OKCoin Oracle, a signed price feed that can be used […]
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30-day realized volatility for Bitcoin drops to its lowest levels since 2017, while Tesla beats performance at over $1,500. Bitcoin (BTC) set another dubious record on July 15 as realized volatility sank to its lowest in three years. According to data from on-chain analytics resource Skew, 30-day realized volatility recorded its smallest reading since 2017 […]
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