Blockchain could help UK’s $14.5T payments sector, says trade group

20 percent of the top 10 global grocers will use blockchain by 2025, according to information released by research firm Gartner Inc on April 30.Per Gartner, the main advantage of blockchain for grocers is that it provides a high degree of transparency.For grocers, this means they can use blockchain as a way to convey reliable…

A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan. 117 Total views 2 Total shares FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for it to become operational as an offshore entity. However, a body…

Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to “native cryptos" such as BTC. 1359 Total views 12 Total shares Own this piece of history Collect this article as an NFTThe failure of three major crypto-backing banks, Silicon Valley Bank (SVB), Silvergate Bank and…

Bitcoin’s recent plunge does not seem to have shaken the investors and data shows that exchange reserves were down to 2.399 million (BTC), which is close to the May all-time low at 2.390 million Bitcoin. Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, said this could result in a “sell-side liquidity crisis on Bitcoin.”Although Bitcoin…

Polychain Capital has bet on a new DeFi exchange protocol looking to boost the adoption of stablecoins in DeFi. 3707 Total views 13 Total shares Veteran cryptocurrency investor Polychain Capital has joined a funding round in DFX Finance, a new decentralized finance exchange protocol optimized for non-U.S. dollar stablecoins.DFX raised more than $5 million in…

Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including selling the business.

The huge volume of sovereign debt in developed countries (particularly the United States) is often exploited to promote questionable theories about imminent financial collapse.However, the problem is real, and it has become much more acute due to interest rates rising in response to entrenched inflation.The United States paid $475 billion for debt service alone in…

Mystiko claims that the two wallets that airdropped substantially more tokens were early protocol contributors.

The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens. 331 Total views 13 Total shares Avalanche (AVAX) has emerged as one of the worst-performing cryptocurrencies among the top-ranking tokens in the last 24 hours, partially due to fears connected to…