Tag Archives: Blockchain News

According to a November 14, 2019 press release, Walmart Canada is now embracing the use of blockchain as they will be launching its use for freight tracking and payment info management.And such an initiative is not surprising. Besides cryptocurrency, it’s most famous offering, taking over the world, there has also been the talk of blockchain becoming the next big technology used across various industries and this is for good reason. Blockchain, by its design, creates an irrefutable ledger of...

Compound Finance, a crypto lending and decentralized finance (DeFi) startup has recently raised a massive $25 million in its latest funding round led by venture capital Andreessen Horowitz. This is reportedly one of the largest investments in any DeFi startups to date.Andreessen Horowitz will be pouring money into Compound through its a16z crypto fund. Besides, other investing firms include Bain Capital Ventures, Paradigm, and Polychain Capital.Currently, Compound holds nearly $103 million...

While blockchain technology is promoting ground-breaking innovations across the spectrum, the sheer number of platforms and complexity in using their services continue to be a roadblock for many users.Mass adoption is very difficult to promote around the world without ease of access for everybody who wants to work in the space. While cryptocurrencies provide everyone with an alternative choice, a mass contact movement is always required to appeal to people and get them in the mood for a real...

In one sudden and swift move payments giant PayPal has cut off the thousands of performers on adult behemoth Pornhub that depended on the payment service to receive their payments. The pornographic platform indicated this in a blog post in the help section on the website. They wrote:“We are all devastated by PayPal’s decision to stop payouts to over a hundred thousand performers who rely on them for their livelihoods.”This, of course, has fundamentally changed the way and manner in which the...

Brave Software, a company co-founded by Mozilla CEO Brendan Eich, has announced the launch of its free open-source browser Brave 1.0. Brave is based on the Chromium web browser and blocks malware ads and website trackers, keeping users’ data safe and secure.It offers the so-called Brave Rewards program that monitors users’ attention on sites they visit and rewards them with the corresponding amount of Basic Attention Token (BAT), based on the total support for each site. Initially, Brave was...

It has been evident in the last few years that companies within the blockchain, cryptocurrency and fintech space are receiving a lot more institutional backing after years of being rather niche sectors of the business world. This is evidenced by the fact that many more prominent firms are taking on blockchain technology such as MasterCard, Air Canada, Barclays and so on. It is also evidenced by the fact that many private firms such as Facebook and JP Morgan are embracing cryptocurrency and...

Estimating the cannabis market is highly speculative math. No one really knows the true value of cannabis companies, but with the legalization of marijuana in some parts of the U.S. and Canada, market valuations and acquisition deals keep breaking records, making it increasingly important to harness reliable cannabis supply chain technology. Blockchain has vast potential, it offers a regulatory framework that is quick and efficient and plays an important role in cannabis supply chain...

Don’t we all love pets? These little bundles of joy not only spread love and cheer but also enrich our lives with their company and teach us many things. While pets have been part of human society for ages, it is only today that the pet care industry has grown to such a mammoth size.With the internet and social media, more and more people are constantly looking for services for their beloved pet dogs, cats, iguanas (what have you) and entrepreneurs have not failed to meet the growing demand....

Damien Daube, The Garage director, said that he sat down with friends wondering “how a perfect blockchain development help hub can look,” thus they have decided to unite the practices from different companies and make the engineer-grade venture fund with fat roots in this new technology.Per the crypto press, some “blockchain-consultants” are taking up to half of the emission of ICO tokens for their services. At the same time, The Garage offers an amazing 5% fee in equities taken in 6 months...

Photo: ShutterstockOn November 12, 2019, Paxos debuted its Fiat Gateway and have announced that Binance will be its first client in this regard. Its Fiat Gateway means that customers can swap out U.S. dollars for stablecoins on a one-to-one basis and this is one of the first of its kind within the cryptocurrency industry.While this unique service is seeing more widespread attention since its association with Binance, it has actually been available to Paxos users since May 2019 and according...