Bitcoin strength wanes as crypto market stuck in 5 month ‘structurally ordered downtrend’
Bitcoin’s weekend rally to $65,000 has evaporated despite confirmation that the US Federal Reserve will cut rates in 2024.
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China: World’s Fourth Largest Bank by Assets Trials Blockchain Loans Backed by Land
The Agricultural Bank of China (ABC), the world’s fourth-largest bank by assets, has issued its first loan on blockchain, local news outlet Financial News reported July 31. State-owned ABC, which counts itself among China’s “Big Four” lenders, revealed it had issued a loan worth around $300,000 backed by a piece of agricultural land in the…

Swisscom Blockchain AG Onboards New Chief Executive Officer
Blockchain-focused company Swisscom Blockchain AG has onboarded Ethereum (ETH) engineer Lukas Hohl as its new chief executive officer, Cointelegraph auf Deutsch reported on April 15.Hohl, who previously served at various IT and finance companies, including Blockchain’s parent company Swisscom, business consulting firm BearingPoint, consultancy group Sofgen, and management consulting company Synpulse, will now lead the…

MyEtherWallet Teams Up With Large Exchange to Offer Better Rates on Dozens of Coins
A crypto wallet has relaunched its product and signed a partnership with a well-known exchange — delivering new features to its users in the process.MyEtherWallet’s collaboration with Changelly means its community can use the exchange’s multi-swap functionality. This feature opens the door to more than 100 cryptocurrencies and helps achieve better exchange rates during conversions.The…

Visa powers one more crypto card amid ongoing antitrust charges
U.S. regulator's growing distrust in tech companies is not stopping them from extending their services into the crypto industry. 794 Total views 20 Total shares As technology titans in the United States capture a larger part of their industries and beyond, regulators and governments have become increasingly concerned about their extensive power and influence. Indeed, Facebook,…

UN Paves Path for Sustainability in Seafood Industry Using Blockchain
Blockchain has become one of the most discussed technologies in relation to supply chain management, given its ability to provide transparency and traceability within a number of value chains.The Food and Agriculture Organization of the United Nations recently published a report titled “Blockchain Application in Seafood Value Chains” to raise governmental and international awareness on…

BODEN trader loses nearly $8M, but ‘memecoin season’ still on track
Biden-related memecoins fell over 60% since the US president dropped out from the 2024 election.

Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.

Equilibrium Offers a Promotional Token Swap for Test-Driving Its DeFi Platform
The EOS-based DeFi project is using Polkadot technology to make it easier to recruit new users. Having set up shop on Polkadot just a week and a half ago, an EOS-based decentralized finance project called Equilibrium will bring its governance token NUT to the Polkadot ecosystem for sake of facilitating a promotional token swap.The token…