Mark Carney thinks that while regulators will have to be satisfied, Facebook users will want a cheaper way of moving money. The head of the United Kingdom’s central bank has said Facebook’s new libra cryptocurrency could have genuine use cases if it can conform to regulatory demands, the Financial Times (FT) reported on June 18. […]
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A closer look at what appears to be one of 2019’s greatest crypto scandals yet. In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with […]
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Bitfinex claims that the recent allegations made about the exchange’s insolvency by the New York Attorney General are “filled with inaccuracies and false assertions.” Cryptocurrency exchange Bitfinex stated that the recent allegations by the New York Attorney General (NYAG) about the exchange’s insolvency are “filled with inaccuracies and false assertions.” The exchange made the claim […]
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Two shareholders of major cryptocurrency exchange Bitfinex said that they are not distressed by the allegations made about the exchange’s insolvency. Two shareholders of major cryptocurrency exchange Bitfinex said that they are not distressed by the allegations made about the exchange’s insolvency by the New York Attorney General. The news was reported by cryptocurrency news […]
Continue ReadingFrench retail giant Carrefour has continued blockchain development by using DLT for tracking micro-filtered full-fat milk. French retail giant Carrefour has continued blockchain development by applying the technology for tracking milk, according to a press release published on March 1. Starting from March, the retail giant is gradually rolling out its new blockchain-powered product, Carrefour […]
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Netherlands-based tech company ElaadNL has devised a PoC for a smart grid using IOTA Tangle technology. Dutch technology company ElaadNL has developed a Proof of Concept (PoC) for a smart power grid for electric vehicles using internet of things (IoT)-focused IOTA Tangle technology, according to the company’s announcement on Feb. 14. Per the announcement, the […]
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One of the world’s largest renewable energy operators ACCIONA will use blockchain to trace electricity generation. Spanish renewable energy company ACCIONA Energía is going to deploy blockchain to trace electricity generation, according to an announcement published Dec. 17. ACCIONA Energía is an international global renewable energy operator, that reportedly produces emission-free energy for over 6 […]
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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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The European Parliament has called for an increase in the adoption of blockchain technology in trade in a new resolution. The European Parliament has called for measures to increase the adoption of blockchain technology in trade and administration with a provisional resolution published on Dec. 13. The resolution, dubbed “Blockchain: a forward-looking trade policy,” generally […]
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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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