According to Exponential Investments crypto fund managers, Ether is digital tungsten to Bitcoin’s gold. Two crypto fund managers say Ether (ETH) is neither a worthy asset for investors nor a great store of value. According to a report posted June 11 by Steven McClurg and Leah Wald of Exponential Investments, Ether is a “risk-on asset” […]
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VeChain has partnered with a Walmart China subsidiary to increase supply chain transparency for its food products. Sam’s Club, a China-based subsidiary of Walmart, has partnered with blockchain-based supply chain management platform VeChain (VET) to trace food products sold by the shopping chain. PricewaterhouseCoopers (PwC) will assist in the Sam’s Club Blockchain Traceability Platform project, […]
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Grayscale Investments has been gobbling up Bitcoin in recent months, and most of its investors are institutions — but other funds are doing it, too. While the theater world has Waiting for Godot, the crypto sphere has its own drama: Waiting for the Institutional Investor. Recently, there have been some promising sightings. Grayscale Investments has […]
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Professional service giants like the Big Four are innovating in the blockchain and crypto space. Is it enough to make an impact? Blockchain technology, along with the adoption of cryptocurrencies, is gaining momentum. The enterprise blockchain market is expected to reach $21 billion over the next five years. Just eleven years on, and both sectors […]
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Blockchain technology firm LayerX raised nearly $28 million to further blockchain adoption. Blockchain technology firm, LayerX, has raised about 3 billion yen (equivalent to nearly $28 million) to further blockchain adoption. The Japanese version of Cointelegraph reported on May 28 that LayerX raised the funds from venture capital firms JAFCO, ANRI, and Yahoo Group. JAFCO […]
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South Korea’s electronic giant exhibits interest in distributed ledger technology. LG Electronics has joined the governing council of Hedera Hashgraph, the enterprise-grade public distributed ledger platform. LG serves as the council’s fourteenth member, sitting alongside Boeing, Deutsche Telekom, Google, IBM, Tata Communications, and other leading organizations. Hedera Hashgraph CEO Mance Harmon told Cointelegraph that LG […]
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Major Swiss crypto broker Bitcoin Suisse has added custodial support and staking services for Tezos, using its PwC-audited vault storage. Major Swiss cryptocurrency broker Bitcoin Suisse has added high-security custodial support and staking services for Tezos (XTZ), with an eye to its institutional clients. In an announcement on May 19, Bitcoin Suisse — which custodies […]
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Cryptocurrency hedge funds’ assets under management doubled in 2019, but the launch of new funds depends on Bitcoin prices. The “2020 Crypto Hedge Fund Report,” published on May 11 by PwC and Elwood Asset Management Services Ltd., said that cryptocurrency hedge funds’ assets under management doubled in 2019. According to the survey, total assets under management […]
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A controversial, blockchain-based digital health passport could enable employees currently in lockdown to go back to work. Oracle has partnered with Vottun, a company that specializes in the certification and traceability of data on the blockchain, to release a digital health passport that could enable employees currently in lockdown to go back to work. The […]
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Researchers are using AI and Blockchain to manage lockdown efforts and predict how the pandemic will evolve. A Spanish research team of more than 100 people is developing an app that uses AI and blockchain to predict the evolution of the COVID-19 pandemic and to help manage lockdown measures. The app, which has the support […]
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