The New York-based cryptocurrency exchange announced it had raised $6 million in a seed funding round led by a former board member of Skype. Cryptocurrency exchange CrossTower announced on June 22 it had raised $6 million in a new seed funding round led by Gerard Lopez, a former board member of WIX and Skype. According…
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The ins and outs of trading, as explained by Bill Hermann, Matthew Ficke, and David Carman. Crypto trading is a zero-sum game with clear winners and losers. This competitive stage yields countless self-proclaimed profitable traders on Twitter and YouTube. As the players downtown make their livelihood trading for institutions like Galaxy Digital and Pantera Capital,…
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A consortium aims to strengthen medical tourism in South Korea by launching a blockchain-powered platform. In Busan, a private-public consortium in South Korea announced their intention to build a blockchain-powered medical tourism platform. No deadline for launch is currently set. According to Gyeongnam Ilbo, the initiative will be led by Busan Bank. They are looking…
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Tokyo Electric Power Company Holdings Inc partnered with Itochu Corporation to start building a blockchain-based system to trade electricity surpluses. Tokyo Electric Power Company Holdings Inc., or Tepco, partnered with major Japanese trading company Itochu Corporation and started building a blockchain-based system to trade surplus electricity. According to Nikkei on June 18, the new system will be available to households…
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Baby boomers are responsible for the 77% of volume growth for a San Franciscan Bitcoin broker. The demand from baby boomers is generating most of the growth for San Franciscan Bitcoin (BTC) broker, River Financial. Paul Tudor Jones effect Most surveys conclude that younger generations are more reciprocal to Bitcoin, making this data seem counterintuitive.…
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$125-billion corporation will use blockchain to achieve deforestation free supply chain by 2023. June 15, Unilever unveiled a $1 billion initiative aimed at fighting climate change in which blockchain technology will play an integral role. Traceability & transparency Unilever is establishing a €1 billion ($1.13 billion) fund that over the next ten years will be…
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Waves Enterprise wants to ‘separate the chaff from the wheat’ when it comes to speed claims from blockchain networks, helping potential users make educated decisions. Waves Enterprise has created a framework for load testing of blockchain networks under real-life scenarios in order to provide greater transparency for potential clients. Original sin Transactional capacity or lack…
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Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin. Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin (BTC). According to a June 15 announcement, Antalya Homes claims to have recorded…
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Major telecoms provider Zain has joined the governing council for distributed ledger platform Hedera Hashgraph. Zain Group — a leading telecoms provider in the Middle East and North Africa (MENA) region — has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph. Zain provides mobile voice and data services to over 49.5 million…
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The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency. South Korea’s central bank, the Bank of Korea, has formed a legal advisory group to evaluate issues surrounding a potential central bank-issued digital currency (CBDC) launch. According to a press release the central…
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