How blockchain is feeding an appetite for transparent food supplies. 2018 has witnessed a steady increase in the number of food manufacturers and retailers using blockchains to enhance their operations. From tracking the quality of food to facilitating international trades in grain, blockchain technology has been turning up repeatedly in recent months; and while many […]
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Blockchain Labs has graduated its first blockchain projects from its Incubation Program. Binance Labs, the venture wing of the largest cryptocurrency exchange Binance, has released its first “batch” of blockchain projects from its Incubation Program, according to a press release shared with Cointelegraph on Dec. 14. Binance Labs is an initiative that seeks to help […]
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Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria, has closed a €150 million loan using blockchain technology. Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has closed a €150 million loan using blockchain technology with Porsche Holding, the largest car distributor in Europe. The news was reported by financial news site Finextra Dec. 14. […]
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Securities law enforcement means the investor’s various ICO project could come in for penalties, Pantera Capital has warned. Blockchain and cryptocurrency-focused investment firm and hedge fund Pantera Capital has warned that a quarter of its ICO projects could be found to violate the United States’ securities laws. According to the company’s most recent newsletter cited […]
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After months of monitoring and observing the potential of blockchain, EU is finally making a turn into it After months of monitoring and observing the “promising and challenging” potential of distributed ledger technology (DLT), the European Union (EU) is finally making a turn into the blockchain industry. How it all started Back in February 2018, […]
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Revolut fiat and cryptocurrency app has obtained a banking license in Lithuania. Crypto-friendly fintech startup Revolut has obtained a banking license in Lithuania, technology news outlet TechCrunch reported Dec. 12. As the report states, the startup obtained a license through the Bank of Lithuania and “is leveraging passporting rules to operate in other European countries.” […]
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U.S. Rep. Warren Davidson suggests building a border wall using blockchain and “wall coins.” Ohio Republican Congressman Warren Davidson suggested raising money to build a wall on the border with Mexico using blockchain, in an interview on NPR Dec. 12. Davidson, who is known for his pro-crypto initiatives, spoke on NPR’s Morning Edition with host […]
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Basis’ CEO has confirmed the stablecoin is shutting down due to regulatory concerns over its “secondary token” implementation. The United States-based stablecoin project Basis has officially confirmed that it will close operations and refund investors in comments to Bloomberg today, Dec. 13. According to Basis’ CEO Nader Al-Naji, the decision to close the project was […]
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Orbs, an Israeli blockchain startup, has received an investment from South Korea’s largest messaging app operator Kakao. South Korea’s largest messaging app operator Kakao has invested in Orbs, an Israeli blockchain startup, Reuters reports Dec. 13. The report states that Orbs did not disclose the size of the investment. Moreover, the startup reportedly explained that […]
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The number of crypto users has nearly doubled in the first three quarters of this year, according to a recently published study. Cryptocurrency gained 17 million “verified users” this year, according to a study published by the Cambridge Centre for Alternative Finance Dec. 12. According to the study, data show that in the first three […]
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