Archived Posts

Ardor (ARDR), the native cryptocurrency of the highly advanced blockchain platform that can be used to develop and host decentralized applications, has gained 26.3% in the past 24 hours to trade at 0.1323. The main reason for the cryptocurrency, whose blockchain uses the first and extremely safe PoS algorithm, to rally is the partnership with   Read more...

Digital Asset, a blockchain tech focused startup, has entered into a partnership with Amazon Web Services (AWS) Aurora to ensure interoperability of Digital Asset Modeling Language (DAML), which is the open source smart contract language of the former. The information about partnership was disclosed in London at the IMN Synchronize Europe Conference. The joint venture   Read more...

Warsaw, Poland-based Alior Bank has begun using the public blockchain Ethereum to authorize clients’ records. As per the news report, an Alior client who has received any kind of document from the bank can confirm the originality by using a web link that leads to the Ethereum blockchain. This implies that clients can validate that   Read more...

Input Output Hong Kong (IOHK), a blockchain tech firm popular for its in-house cryptocurrency Cardano (ADA), has entered into a memorandum of understanding (MoU) with the government of Georgia to initiate blockchain-powered ventures across various businesses, government and education facilities. Specifically, under the MoU inked between IOHK and the Georgian Ministry of Education and Science,   Read more...

Mercado Libre, which runs an e-commerce portal that primarily caters to South America, has joined hands with Facebook on Libra, the cryptocurrency project. An unnamed executive of MercadoLibre has stated that the cryptocurrency to be unveiled by the social media platform provider will be integrated with the e-commerce platform so that it serves as a   Read more...

For the first time in over a year, Bitcoin (BTC) crossed above the $9,000 mark yesterday. The king of crypto, which primarily decides the overall market trend, hit $9,385 briefly, and was trading at $9,156, reflecting a gain of 1.7% in 24 hours and 19.7% in seven days. Bitcoin has appreciated by more than 142%   Read more...

Through a tweet, Coinbase Custody disclosed that it has $1.3 billion worth assets under custody (AUC) and the company anticipates having $2 billion AUC soon. Last week, through a series of tweets, Sam McIngvale, the company’s CEO, and Philip Martin, the chief information security officer, toured the UK. The aim of the visit was mainly   Read more...

Iceland’s financial regulator, the Financial Supervisory Authority (FME), has granted permission for the country’s first blockchain based e-money firm. Monerium, a company out of Reykjavik, has received the approval from the Iceland’s financial regulator to offer fiat remittance facility using ethereum (ETH) blockchain. Notably, Monerium is backed by ConsenSys, a blockchain software company. The report   Read more...

Alukönigstahl, Austrian steel trading firm, is in the process of developing a blockchain powered database for steel trading. Stefan Grüll, CEO of Alukönigstahl, is creating a prototype of a blockchain powered database suitable for steel trading. The database, named “STEEL but SMART,” concentrates on conventional use scenarios. Within the guidelines that define the project, Grüll   Read more...