Tag Archives: Blockchain News

Photo: Bitfinex / TwitterCryptocurrency exchange Bitfinex’s new token platform Bitfinex Token Sales recently announced its first project, K.IM, the decentralized new P2P digital content, and monetization platform brought to you by Kim Dotcom.In a press release that the company shared with the Coinspeaker, it is said that K.im was created in order to merge internet with the Bitcoin so there could be a platform that allows artists, content creators and digital businesses to sell their content...

MasterCard announced that it is partnering with food track-and-trace software provider Envisible. Through that partnership, the companies will create a blockchain-based supply chain platform that will enable supermarkets to trace the origin of seafood sold at Topco Associates. Topco is a $14 billion food cooperative that is based in Illinois.Envisible’s new Wholechain traceability infrastructure will be powered by Mastercard’s blockchain-based Provenance Solution service. Announced on October...

While Facebook continues its arduous battle with U.S. authorities regarding the launch of its Libra digital currency, China seems to be making a lot more progress not just with the development of its own Central Bank Digital Currency (CBDC), but also with the acceptance of the technology in the country, especially after the President’s statement. Now, an ex-government official has said that China’s CBDC will definitely be the first in the world, to issue a properly applicable...

Bakkt is currently looking to help its retail community to trade cryptocurrencies as seamlessly as possible. The platform has decided to do this with the launch of a consumer-focused app that will help these customers easily use this app for proper business interactions with several merchants, using digital assets. Starbucks that has already a history of cooperation with Bakkt will be the first merchant on the platform.According to an official Bakkt blog post, Chief Product Officer Mike...

Stocks in Chinese blockchain A-share companies “maxed out” to their 10% daily limit after a president Xi Jinping focused the attention of the public to the potential of the technology encouraging digital currencies, increasing the rise in related stocks and Bitcoin, which for the short time, though, went over $10,000.Xi said China should hurry up with its research into blockchain, the open ledger system that cryptocurrencies rely on. China’s central bank has been developing its own digital...

Forget the rules about how casino bonuses have been for online gaming. Deposit bonuses and unrealistic, arbitrary wagering requirements got you down? How does getting hard cashback instantly on every bet you make sound like?Because that’s exactly what Bitcasino.io’s new Loyalty Program is going to do: reward every player instantly with real money on every play they make. Win or lose.As the world’s first licensed Bitcoin gaming platform, Bitcasino’s new Loyalty Club is set to disrupt the way...

Calls for the increased and improved use of blockchain technology are gradually making the rounds because while there are still a lot of places where the technology has been adopted quite considerably, there are still many others that have a lot of work to do. The use of blockchain technology is probably seen more in the financial sector and authorities and governments are gaining more interest.Recently, a call came from an official at the central bank of China, directed at commercial banking...

While this may come as a surprise to many but the less known and less trendy Pinduoduo has overtaken the upscale internet retailer JD.com both in share price and valuation. The share price rose on NASDAQ more than 12% to $39.96 giving it a market capitalization of $46 billion ahead of JD’s $45 billion. This makes Pinduoduo the 4th largest internet Chinese company whose shares are listed in another country with Meituan at $65.572 billion, Tencent at $385 billion, Alibaba at $449 billion. This...

Photo: UnsplashLast week, while speaking at the Politburo Committee session, Chinese President Xi Jinping asked the country to double-down its efforts in the blockchain space. Xi said that having a strong foundation in blockchain technology, China should accelerate its blockchain development across multiple sectors like poverty alleviation, public services, healthcare, and others.Xi’s statements have caused a stir in the overall cryptocurrency with Chinese projects seeing a massive surge on...

Following Chinese President Xi Jinping’s call for his Country to “Seize the opportunity” offered by blockchain technology and the crypto space, it has been revealed by sources that the Chinese have been quietly working on over 500 blockchain projects in so many different fields with as many use-case scenarios which can be deployed practically in every sense.Sources indicate that the Cyberspace Administration of China has been in charge of the filings for blockchain technology projects before...