Tag: Blockchain

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Central Bank ‘Parental Controls’ Obsolete for Crypto: Bank of Lithuania

The Bank of Lithuania said that central banks’ “parental controls” are obsolete when it comes to crypto assets. The Bank of Lithuania said that central banks’ “parental controls” are obsolete when it comes to crypto assets, but that should not prevent them from entering the space in order to understand it. In an analysis dedicated…
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Ticketmaster Wants to Use Smart Contracts to Support Millions of Ticket Sales

Ticketmaster discusses plan to use smart contracts to support millions of tickets on stage at ELEV8CON. Speaking at Elev8CON in Las Vegas on Dec. 9, Ticketmaster’s vice president of blockchain products Sandy Khaund discussed the value smart contracts can bring to the ticketing industry, a market expected to reach over $6.23 billion by 2025.   Khaund…
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Ledger Live Adds Support for Tezos and Staking, Adds Features to Hardware Wallets

Hardware wallet manufacturer Ledger announced the latest version of its Ledger Live application, adding support for Tezos and Tezos staking. Hardware wallet manufacturer Ledger has announced the latest version of its Ledger Live application, adding support for Tezos (XTZ) and Tezos staking.   Unveiled last year, Ledger Live is a software solution that allows Ledger hardware…
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ICC and Blockchain Firms Agree on $40B Funding for Climate Projects

The ICC and blockchain firms Perlin and AirCarbon have partnered to fund climate projects in the aviation industry. The International Chamber of Commerce (ICC) has partnered with a Singapore government-backed blockchain startup to reduce carbon emissions in commercial aviation.  In a press release on Dec. 10, the ICC said that a partnership with Perlin and…
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Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out

Bitmain co-founder and tech billionaire Wu Jihan has reappeared at the helm of Beijing-based mining giant Bitmain as the company’s chief executive. Bitmain co-founder and tech billionaire Wu Jihan resurfaces at the helm of Beijing-based mining giant Bitmain at a recent meeting with clients. On Dec. 10, Bloomberg reported that Wu Jihan made a public…
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MakerDAO Responds to Dev Accusing Network of $340M Vulnerabilty

Maker Foundation announced a series of governance polls since a software developer divulged how hackers could attack the MakerDAO network and steal close to $340 million. The Maker Foundation has announced a series of governance polls aimed at security after software developer Micah Zoltu explained how any hacker with $20 million at their disposal could…
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World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report

China Construction Bank, the world’s second-biggest bank, has officially launched its blockchain-based refactoring platform. China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its blockchain-based refactoring platform. Targeting commercial factoring business, CCB aims to bolster operations and reduce major risks in its refactoring business while providing shared data access by…
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BNY Mellon and Credit Suisse Involved in Telegram’s $1.7B Sale: Report

According to new court filings, investors in Telegram’s $1.7 billion token sale included Kleiner Perkins, Lightspeed China and many others. Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018. Telegram allegedly informed its investors that it was using BNY Mellon and Credit…
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Soccer Teams Like Juventus Look to Score With Blockchain Push

Sports teams like Juventus are now using the power of the blockchain technology to connect with fans. On Dec. 2, Italian soccer giant Juventus revealed that the long wait for its much-hyped fan token had finally come to an end. In regard to the matter, news of the deal first came to light back in…
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Santander Redeems $20M Bond Using Ethereum Blockchain

Banco Santander has just performed an early redemption of the blockchain-based bond that was issued on Sept.10, 2019. Spain’s multinational banking giant Banco Santander has just redeemed a $20 million bond using the Ethereum blockchain. The firm has performed an early repayment of the blockchain-based bond that was issued on Sept.10, 2019, which purportedly shows…
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