New DeFi consortium backed by veteran crypto investor, Polychain Capital, hits 51 members to bolster cross-chain DeFi solutions. After decentralized finance, or DeFi, markets collapsed in late March 2020, a number of industry players joined forces to support emerging fintech. Today, the Ren Alliance, a new DeFi consortium backed by veteran crypto investor, Polychain Capital,…
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Internet voting may have security vulnerabilities, but blockchain can still provide much-needed transparency for online systems. As shelter-in-place orders are extended throughout the United States due to the coronavirus pandemic, controversy around online voting systems has surfaced. The dangers of internet voting were recently publicly announced by the American Association for the Advancement of Science,…
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Diginex — a crypto firm to be traded on Nasdaq — launched a new permanently live custody solution through its subsidiary Digivault. Diginex — a crypto firm to be traded on Nasdaq — has launched a new permanently live custody solution through its subsidiary Digivault. According to an announcement on April 16, the new custody…
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The COO of blockchain payments and ID firm Nuggets has been named as Booking.com’s entrepreneur of the year. Booking.com selected Seema Johnson, the co-founder and COO of blockchain-based payments and ID platform Nuggets, as Entrepreneur of the Year in the company’s Technology Playmaker Awards on April 9. The Playmaker Awards were launched by the global travel…
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NEO founder Da Hongfei told Blockown 2020 attendees that blockchain technology could be the technological remedy required by a weakened post-pandemic world. NEO (NEO) founder Da Hongfei appeared at the Blockdown 2020 virtual conference on April 16, where he spoke about blockchain’s role in the post-pandemic world. The creator of the project dubbed the “Chinese…
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U.S. blockchain network Solana has teamed up with South Korean stablecoin and payment platform Terra, which is backed by the eCommerce giant TMON. U.S. blockchain network Solana has teamed up with South Korean payment platform Terra to bring stablecoins into its dApp ecosystem. The Terra platform is backed by Korean eCommerce giant TMON. Solana was…
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Cargill & Agrocorp settled their first international trade of $12 million wheat using blockchain. International agriculture giants, Agrocorp and Cargill, have traded $12 million worth of wheat from North America to Indonesia via the blockchain. The transaction was made via the Singapore-based blockchain platform dltledgers, which is based on Hyperledger Fabric. International cooperative bank Rabobank,…
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Equities markets are correcting strongly and the upcoming Bitcoin halving has investors worried, but don’t freak out, learn how to manage your risk. The global economy is experiencing massive shockwaves due to the continuing global coronavirus pandemic. Markets are at record levels of volatility, seeing historic swings in both directions on a near-daily basis. In…
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A Singapore-based sports blockchain venture begins trading a token released by Italian soccer club, Juventus. Cryptocurrencies like Bitcoin (BTC) are not new to the sports industry. Some NBA teams began accepting BTC as payment for tickets as early as 2014. Since then, the relationship between sports and crypto has been rapidly evolving. Today, a firm…
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The capitalization of the tokens underpinning DeFi projects has reclaimed $1 billion, while the value of total funds locked up is $703 million. The value of the tokens underpinning decentralized finance, or DeFi, protocols has again surpassed $1 billion. The milestone comes amid a spike in the proliferation of DeFi projects, with data aggregator DeFiMarketCap…
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