New DeFi consortium backed by veteran crypto investor, Polychain Capital, hits 51 members to bolster cross-chain DeFi solutions. After decentralized finance, or DeFi, markets collapsed in late March 2020, a number of industry players joined forces to support emerging fintech. Today, the Ren Alliance, a new DeFi consortium backed by veteran crypto investor, Polychain Capital, […]
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The next step for crypto’s mass adoption might lie in an alliance between decentralized crypto assets and centralized custodians. Mass adoption. It’s a mantra touted often in this space and what every crypto company is working toward. While tremendous progress has been made in the past 10 years on driving crypto awareness and improving user […]
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The pattern of liquidations on BitMEX and historical funding rates point toward a serious short squeeze in the medium-term. Despite the gloomy short-term price trend of Bitcoin (BTC), the pattern of liquidations on BitMEX and historical funding rates point toward a possible serious short squeeze in the medium-term. “High chance BTC bears get margin called […]
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An enterprise-focused blockchain association has partnered with the European Commission and UCL to develop a list of DLT solutions useful in fighting COVID-19. A blockchain association has partnered with the European Commission and University College London (UCL) to coordinate blockchain solution providers in addressing the coronavirus pandemic. The organization, called the International Association for Trusted […]
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While the current location of the crypto exchange is unclear, Singapore takes steps to prevent the company from moving its domain to another jurisdiction. KuCoin.com, the primary web domain of cryptocurrency exchange KuCoin, has been locked since the end of March by order of the High Court of Singapore. The court issued a temporary injunction […]
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Fresh details have emerged about ongoing trials of China’s digital yuan, specifically its current implementation in Suzhou — a major city in Jiangsu Province. Fresh details have emerged about ongoing trials of China’s digital yuan, specifically its current implementation in Suzhou — a major city in Jiangsu Province. On April 16, reporters for ChinSci-Tech — […]
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Podcaster Marty Bent believes the future of Bitcoin mining lies with oil and gas companies. Mining Bitcoin (BTC) has often been criticised for its exorbitant power usage, but podcaster Marty Bent has embraced a solution that he says actually reduces waste in the oil and gas (O&G) sector. In an April 15 blog post, Bent […]
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Chinese firms are banned by the Chinese government from selling medical supplies to overseas clients due to “low quality” products. The Chinese government has banned state-backed blockchain firm, Tus Data Asset, from exporting medical supplies to countries dealing with the COVID-19 pandemic. According to the local newspaper The Global Times, the Beijing-based company was blacklisted […]
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Ethical egg distribution company Farmers Hen House is using blockchain to let consumers trace the origin of their produce. Farmer’s Hen House, an egg grading and distribution company that works with local farmers in Iowa, has partnered with blockchain-based food traceability company, Bytable. As of April 15, Farmer’s Hen House eggs are sold in cartons […]
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The energy industry combines supply chains, financial markets and consumer services. Innovative blockchain solutions aim to improve it at each level. What’s next for blockchain in energy? Despite the potential challenges, it’s clear that there is significant potential for blockchain in the energy industry. Research by Global Market Insights predicts the blockchain energy segment to […]
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