Chinese mining hardware giant Bitmain released a batch of Antminer products with a particularly high failure rate, according to a group of miners. The Telegram group, started by Arseniy Grusha on May 1, co-founder of United States-based cryptocurrency consulting and mining firm Wattum, contains several complaints about Bitmain products, primarily the Antminer S17+. “I have […]
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Australian livestock traceability platform, Aglive Group Limited, announced the completion of a pilot tracing beef exports from Australia to China on May 4. Australian livestock tracking platform Aglive has completed a pilot that monitored shipments of beef to China. Aglive’s trial was launched during late-January and was conducted in partnership with global shipping logistics company […]
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Teleport, the logistics division of major airline AirAsia, launched blockchain-based cargo booking system Freightchain. Teleport, the logistics division of major airline, AirAsia, has launched a blockchain-based cargo booking system called Freightchain. According to an April 16 announcement, Freightchain is “the world’s first digital air cargo network run on blockchain.” The network — which is launching […]
Continue ReadingThe U.S. Fed has extended repo operations, injecting $1 trillion daily until April, making the crypto space look even smaller. The U.S. government has extended its daily trillion-dollar repo mission until the end of March, making the entire crypto market cap seem even smaller by comparison. “The Federal Reserve Bank of New York announced it […]
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Wilshire Phoenix CEO Bill Herrmann sees the Fed’s latest capital injections as tiny, meaning Bitcoin is even smaller. The U.S. Federal Reserve injected $168 billion into finance several days ago, which correlates to Bitcoin’s current falling price. “So long as the broader markets keep falling – expect the same out of Bitcoin,” Bill Herrmann, CEO […]
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Standard Chartered has become the first bank to join TradeLens, the global blockchain shipping platform created by IBM and Danish logistics giant Maersk. Standard Chartered has become the first bank to join TradeLens, the global blockchain shipping platform created by IBM and Danish logistics giant Maersk. The London-headquartered bank announced its decision on March 10, […]
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Oman’s largest port joins IBM and Maersk blockchain-based TradeLens platform to enhance customer experience and improve trade flows. On Jan. 8 the Times of Oman reported that the Port of Salalah joined TradeLens, the blockchain-based supply chain platform launched in 2018 by shipping giant Maersk and IBM. An IBM spokesperson told Cointelegraph the addition of […]
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Walmart Canada has launched an automated blockchain-based network designed to improve freight and payment processing. Walmart Canada — the retail giant’s Canadian branch — has rolled out an automated blockchain-based network for freight tracking and payments management, according to a Nov. 14 press release. The new system, which was developed in collaboration with blockchain company […]
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Blockchain can contribute to trade cost savings by replacing the paper-heavy custom processes that slow down trade. In August of 2019, both the United States and Thailand announced their plans to test blockchain applications for tracking and managing shipments. The U.S. Customs and Border Protection (CBP) is planning to test a blockchain application against their […]
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Canadian Pacific railway has joined a blockchain-for-transport group which aims to develop the technology for freight, logistics and supply chains. Canada’s transcontinental railway, Canadian Pacific (CP), has joined the Blockchain in Transport Alliance (BiTA). CP announced its new membership in an official press release on July 31. According to the announcement, CP is looking to […]
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