Current chain abstraction methods are fragmenting crypto — Web3 exec
Industry executives and competing firms are still grappling with abstracting away the complexities of blockchain for the end user.
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IBM Partners with Abu Dhabi National Oil Company for Blockchain Supply Chain System
The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9.The release notes that ADNOC — a state-owned oil company in the United Arab Emirates (UAE) — is reportedly among the world’s leading energy and petrochemical groups,…

Crypto influencer named in FTX lawsuit served via tweet
A law firm backing an FTX investor suit tagged a crypto influencer in a tweet to serve its lawsuit. 218 Total views 11 Total shares Own this piece of history Collect this article as an NFTA cryptocurrency YouTuber has been served a lawsuit through a tweet after a United States court allowed the action as…

Blockchain Used by Budweiser Owner InBev to Help African Farmers
AB InBev, the company behind the Budweiser brand, is helping local African farmers to prove their income using blockchain, Yahoo Finance reports on Jan. 21. A blockchain-based system developed in partnership with BanQu tracks all the local suppliers of AB InBev, replacing the paper trail.AB InBev is a multinational conglomerate born out of the merger…

Bulls aim to turn the tide in Friday’s $580M options expiry after BTC tops $43K
Bitcoin (BTC) investors seem uncomfortable with adding positions after the most recent 40% correction from the $69,000 all-time high made on Nov. 10. In addition to the prolonged downtrend, remarks from the United States Federal Reserve on Dec. 15 about rising interest rates are also weighing on risk-on assets.The Fed signaled that it could raise…

Block.one and its CEO become largest Silvergate Capital shareholders
Block.one, the original developer of the EOSIO blockchain platform, has bought into Silvergate, which bought Meta’s Diem stablecoin project, have joined up. 605 Total views 4 Total shares Brendan Blumer, CEO of Block.one, which developed the EOSIO blockchain platform and EOS (EOS) coin, has purchased a stake in Silvergate Capital, the holding company for Silvergate…

After weeks of rumors, Thai crypto exchange Zipmex files for bankruptcy in Singapore
It appears the firm's fortune took a turn to the worst via its exposure to troubled crypto lending service Babel Finance. 144 Total views 26 Total shares In a document dated Wednesday, July 27, Thai cryptocurrency exchange Zipmex said that its solicitors in Singapore, Morgan Lewis Stamford LLC, filed five applications under Section 64 of Singapore’s…

BTC Dreads Weekly Close, Satoshi Mystery, A Big Blunder: Hodler’s Digest, May 18–24
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekWhy today’s weekly close is crucial to avoid $8,000sNot so long ago,…

Copper Becomes Latest Crypto Firm to Use Signature Bank’s Signet
The integration of Signature Bank’s Signet will allow Copper’s customers to instantly pay and settle transactions in U.S. dollars and other fiat currencies. 431 Total views 17 Total shares United Kingdom cryptocurrency custodian Copper announced support for United States dollar transfers through Signature Bank’s Signet blockchain payment platform.According to an announcement on July 20, the…