Archived Posts

The NBA basketball team Sacramento Kings has joined hands with CryptoKaiju to introduce a range of crypto collectibles. CryptoKaiju currently offers Ethereum blockchain based Kaiju toys. All through the 2019-20 basketball seasons, both companies intend to hand over 100 limited issue Kaiju collectible toys. A non-fungible token backs each collectible, implying that no two collectibles   Read more...

Circle, the international financial services firm, stated that Bermuda turned out to be the first government to adopt its stable coin, which is USD Coin (USDC) to settle tax liability. The initiative is one among the plan, which involves Bermuda government’s support for “the use of USD-dollar backed stablecoins and decentralized finance protocols and services.”   Read more...

Ford Motor is exploring blockchain technology and geo-fencing to precisely trace the “green miles” ran by its energy-saving vehicles. Yesterday, Ford divulged that it is expanding its European plug-in hybrid electric vehicle (PHEV) trial venture to Cologne in Germany. The US automaker intends to validate the real-world benefits of these energy-saving vehicles for the commercial   Read more...

The efficiency of Bitcoin (BTC) network was highlighted by the CEO of cryptocurrency exchange Bitstamp after Bitcoin worth $1 billion was remitted for a charge of $4. BitInfoCharts, which monitors blockchain, revealed that 112,027.29 BTC changed hands through wallet and storage service provider Xapo. Earlier, Bitstamp had moved 107,800 BTC to Xapo by paying a   Read more...

LiquidApps, a blockchain focused startup, has unveiled a unique blockchain scalability system for decentralized application (DApps) creators. The system, dubbed vCPU, intends to ramp up blockchain processing ability in a horizontal manner, allowing higher computing strength every time than native blockchains. LiquidApps revealed that vertical blockchain ramp up cause entry issues for interested miners and   Read more...

The Dubai Chamber of Commerce and Industry (DCCI) has inked a memorandum of understanding (MoU) with Emirates NBD. The DCCI, which functions as a global business centre in Dubai, has inked a MoU with Dubai government controlled bank, Emirate NBD. The bank, which is one of the largest Middle East banking groups by the way   Read more...

A blockchain powered car identification and payment mechanism is planned to be tested by five renowned auto makers namely BMW, General Motors, Ford, Renault and Honda. The collaboration intends to trial the vehicle ID system built under the Mobility Open Blockchain Initiative. As part of the endeavor, cars are designated digital IDs tied to ownership,   Read more...

A report drafted by the G7 group of nations identifies stable coins as a risk to the worldwide financial system. The G7 draft report underlined the major risks associated with cryptos. It also stated that even if corporate members of the governing Libra Association tackled regulatory worries, regulators will not approve it. In this regard,   Read more...

Jihan Wu, co-founder and CEO of Bitmain, arguably the biggest Bitcoin miner, does not anticipate the forthcoming Bitcoin (BTC) block reward halving process to trigger a bull market. However, Wu expects the cryptocurrency’s price to appreciate in the long-term. As per Chinese business news magazine 8BTC’s report, Wu gave his opinion while speaking at the   Read more...