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Supermarket Chain Migros Implements Blockchain-Based Food Traceability

Supermarket Chain Migros Implements Blockchain-Based Food Traceability

Switzerland’s largest supermarket chain and retailer, Migros is turning to blockchain to keep tabs on its supply chain for food.Migros announced the implementation of TE-Food’s blockchain-based food traceability system, Aug. 29. Whilst many retailers are incorporating such systems to provide transparent information to customers, Migros is looking to the technology to optimize processes and provide…
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German Cabinet And Bundesbank Are In Close Communication On CBDC Issues

German Cabinet and Bundesbank Are in Close Communication on CBDC Issues

The Cabinet of Germany and Germany’s central bank Deutsche Bundesbank are working together closely on issues related to central bank digital currencies (CBDCs).Awareness of global CBDC situationOn Aug. 29, Germany’s federal parliament (Bundestag) published official feedback to a request from parliamentary group the Free Democratic Party, which asked the Cabinet to respond to six questions…
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Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App

Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App

On Aug. 29, German blockchain-based banking startup, Bitwala, announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading. Open an account directly from within the app in minutesThe onboarding process for new customers…
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Litecoin Price Analysis: LTC Creates At 20-Month Low Against BTC, Is The Pain Over?

Litecoin Price Analysis: LTC Creates At 20-Month Low Against BTC, Is The Pain Over?

Litecoin has been dragged through the mud recently after suffering a 13.55% price decline over the past week. This brought its price to $63.93 as it broke beneath a long-term rising support line. Litecoin has now dropped by a substantial 33% in the past 30 days alone as investors wonder how long this could possibly…
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Don’t Panic Over Bitcoin Below $9,500, John McAfee Says As His Exile Continues

Don’t Panic Over Bitcoin Below $9,500, John McAfee Says as His Exile Continues

Popular cryptocurrency commentator and veteran entrepreneur John McAfee tweeted that people shouldn’t panic over the price of Bitcoin dropping below $9,500. The serial entrepreneur is a well-known Bitcoin proponent and has expressed optimism about the cryptocurrency in the long term multiple times. However, his exile continues as he has admitted to not filing tax returns…
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Why Tether Volume Is At All-Time Highs

Why Tether Volume Is at All-Time Highs

feature A year after China banned local fiat on-ramps for crypto exchanges, Chinese traders continue to drive the market forward by using the dollar-pegged stablecoin tether (USDT). “Crypto trading businesses are restricted from accessing banking services in China, but they are thriving nonetheless,” Dragonfly Capital Partners co-founder Alexander Pack told CoinDesk. Traders generally work around…
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