Tag: Business

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Band Protocol denies any role in the mysterious origins of SushiSwap

Band Protocol may share hosting with SushiSwap, but so do hundreds of others. Following the sudden exit of SushiSwap’s anonymous founder, many users have begun to speculate on the identity of this controversial figure. While some focused on the current maintainer of the project Sam Bankman-Fried, the CEO of FTX, others saw Band Protocol’s chief…
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Cointelegraph promotes Jay Cassano to CEO, Jon Rice takes over as editor-in-chief

Cointelegraph has new leadership as the world’s largest blockchain-focused media outlet promotes from within. Jay Cassano, Cointelegraph’s editor-in-chief, has accepted the role of CEO at Cointelegraph. Jon Rice, managing editor for Cointelegraph Magazine, will take over as the new editor-in-chief for the platform. Kristina Lucrezia Cornèr remains managing editor.  “I’m grateful to Cointelegraph for this…
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Just Eat adds Bitcoin payments for 15,000 restaurants in France

The price of Bitcoin will be calculated depending on its current price on Bitpay and the delivery platform. Just Eat, a major British online food order and delivery platform operating across 13 countries, has added cryptocurrency payment support for its France subsidiary. The company has partnered with the cryptocurrency payment provider Bitpay to allow its…
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Was Tim Draper’s support of BCH the result of a hack?

The crypto investor may not have promoted Bitcoin Cash on Twitter after all. Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, might not have promoted Bitcoin Cash after all. A hacker appears responsible for a Sept. 4 tweet from Draper stating that he had recently purchased Bitcoin Cash (BCH) that personally thanked…
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Schiff buys more Bitcoin: But there’s a twist

It all goes horribly wrong for Peter Schiff, as Twitter rejects his advice in favor of his college freshman son’s wisdom. The vast majority of Twitter users trust 18-year-old Spencer Schiff’s investment advice over that of his father, Peter Schiff — a renowned gold bug and Bitcoin critic. “Against my advice my son just bought…
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Ziglu launches peer-to-peer payments after getting UK e-money licence

Ziglu now offers a fully regulated way to transfer Bitcoin, Ether, Litecoin and Bitcoin Cash to other users for free. United Kingdom challenger bank Ziglu announced the launch of its peer-to-peer (P2P) payments service for both fiat and cryptocurrency on Sept. 7. This follows hot on the heels of receiving both the U.K. Financial Conduct…
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Tech Mahindra to build multiple blockchain solutions on Amazon’s blockchain

Indian IT tech giant Tech Mahindra will build blockchain supply chain solutions for aviation, healthcare and telecom sectors. The Indian IT giant Tech Mahindra is planning to build and deploy an array of blockchain solutions on Amazon Managed Blockchain in the next 12 to 18 months. According to a report by The Economic Times on…
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Vale completes iron ore transaction through blockchain

Blockchain helps the other kind of mining. Mining firm Vale and its partners completed its first iron sale over blockchain. According to a statement on its website, Vale sold 176,000 tons of iron ore to Nanjing Iron & Steel, sending the material from Malaysia to China. Vale and its partners used the blockchain platform Contour…
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Blockchain can shield banks from billion-dollar trade finance scandals, says exec

Blockchain can help the trade finance industry prevent billion-dollar scandals and ease trade financing, says expert. The pressure induced by the ongoing economic crisis, obsolete trade finance systems and mounting geopolitical tensions is pushing the international trade finance industry down a rabbit hole.  To add to the already critical situation, recent trade finance scandals involving…
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Fashion house Alexander McQueen joins blockchain trend with new label

A major fashion house is using blockchain to ensure authentic goods while giving rise to the notion of “Web 3.0” brands. While the concept of decentralization has been demonstrated within collaborative sectors like the gaming industry, where participants are given a voice, it’s notable that a major fashion house has decided to use blockchain and…
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