Italian Red Cross Coronavirus Bitcoin Fundraiser Smashes Goal, Issues New Initiative

After successfully raising the money for an advanced pre-triage medical post, the Italian Red Cross will continue accepting Bitcoin donations. The Italian Red Cross is now seeking Bitcoin (BTC) donations to purchase emerging medical equipment after its first-crypto initiative surpassed its goal within three days. On March 12, Italy’s Red Cross launched a BTC fundraising […]

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Citigroup Raises Investment in Ethereum-Based Trade Finance Startup

Major investment bank Citigroup announced it has increased its equity stake in Ethereum-based trade finance platform Komgo. U.S.-headquartered bank Citi has upped its investment in the Ethereum-based decentralized trade financing startup Komgo. Kris van Broekhoven, the global head of commodity trade finance at Citigroup, revealed that the bank has “topped up” its equity in Komgo […]

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Chrono Tech Launches Australian Dollar Stablecoin in Spite of ‘Big Four’ Banks

CEO behind a new Aussie dollar stablecoin said finding a bank to hold the coin’s cash reserves was the biggest challenge. Australian blockchain firm, Chrono Tech, has been experiencing difficulties securing a banking partner amid the launch of an Australian dollar (AUD)-pegged stablecoin earlier this month. The AUD Token (AUDT), available on Chrono Tech’s platform, […]

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