The Chinese province of Yunnan will track their tea supply chain using blockchain technology. The Chinese province of Yunnan announced the official launch of a blockchain-powered traceability platform for its Pu’er tea farms on June 3. The blockchain platform was first announced in the 2020 Phoenix Nest Ancient Tree Spring Tea New Product Launch Conference […]
Continue Reading
The DeversiFi decentralized exchange has integrated Starkware’s zkStark layer-2 scaling technology into its 2.0 incarnation, bringing high-speed trading, instant settlement and withdrawal certainty. The DeversiFi decentralized exchange, or DEX, relaunched as DeversiFi 2.0 on June 3, incorporating Starkware’s zkSTARK layer-2 scaling technology. This new platform will be able to process over 9,000 transactions per second, […]
Continue Reading
Decentralized finance still has a few issues to overcome, but new solutions are emerging, which may help bring this technology to a wider audience. Is the missing link interoperability? It’s commonly agreed that one of the major catalysts for DeFi adoption is interoperability — the ability for every tool, smart contract and DApp to interact […]
Continue Reading
Security tokenization experts told Cointelegraph how they view the future of this new asset class and the technology behind it. As security tokenization efforts gain traction in digital finance, experts in the space told Cointelegraph how they view the future of this new asset class and the technology behind it. Nick Cowan, CEO of tokenization […]
Continue Reading
The Ethereum co-founder says the crypto community needs to get with the times. Ethereum co-founder Vitalik Buterin says the current financial crisis is very different to the 2008 Global Financial Crisis that Bitcoin emerged from — and that the crypto community needs to adjust its thinking accordingly. Writing in a Twitter thread on June 2, […]
Continue Reading
China’s master plan for making Hainan a free trade island encourages institutions to use blockchain in transforming government function. Chinese authorities have released a master plan for turning southern island province Hainan into a free trade port, Xinhua news reports on June 1. A trade port system will focus on facilitating free trade, investment and […]
Continue Reading
From today onwards, Canadian firms operating with virtual currencies will be legally recognized as Money Service Businesses. Cryptocurrency exchanges and payment processors are now legally recognized as Money Service Businesses (MSB) within Canada. June 1 saw the enactment of amendments to Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act that were passed in […]
Continue Reading
Indian technology company Tech Mahinda signed a partnership with edtech firm Idealabs to offer blockchain certification courses. Leading Indian technology company Tech Mahindra has partnered with edtech startup Idealabs to offer blockchain certification courses. The certification course will be offered as a combination of live online and in-person, on-campus classes. Students enrolling for the course […]
Continue Reading
Taro Aso might not be willing to support legislation in Japan treating cryptocurrency-related income the same as that for stocks. Finance Minister Taro Aso suggested he was unwilling to push for lowering the tax rate on cryptocurrencies in Japan to a flat 20% because it’s difficult for many households to invest in digital assets. Aso […]
Continue Reading
Cryptocurrency mining ASIC producer Canaan filed with the U.S. SEC to issue around $12.4 million worth of shares to its employees. Cryptocurrency mining application specific integrated circuit (ASIC) producer Canaan filed with the U.S. Securities and Exchange Commission (SEC) to issue around $12.4 million worth of shares to its employees. According to the S-8 form, […]
Continue Reading