Oil land buyer LandBridge makes a nod to crypto miners in $320M IPO
LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners.
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Wells Fargo to Pilot DLT-Based Cross-Border Settlement Platform
American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020.In a Sept. 17 press release, Wells Fargo described a DLT-based platform designed to perform internal book transfers of international payments within its global network using digitized cash. The company claimed…
Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt
After having about $290 million locked at Digital Currency Group, Bitvavo decided to pre-fund the assets on its own and is now looking for full repayment. 257 Total views 2 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Bitvavo, a major creditor of the troubled crypto company Digital Currency…
Various forms of Bitcoin custody, explained
Bitcoin’s rising popularity demands a secure custody plan. Learn about Bitcoin custody options, from centralized exchanges and self-custody to specialized institutions.
Chainlink Partners with Chilliz to Automatically Mint Tokens for Teams Like FC Barcelona
Ethereum-based sports tokenization platform Chilliz (CHZ) has partnered with blockchain platform Chainlink to allow for real-time non-fungible token (NFT) creation.According to a Mar. 4 announcement from Chilliz, the platform plans to leverage Chainlink’s capacity to trigger the execution of smart contracts based on real-world data and events. This feature will allow the minting of NFTs…
Uber Exec Denies Bitcoin Hush Money Charges
A spokesman for Joseph Sullivan has denied the charges the Uber exec faces for paying hackers $100K in Bitcoin to cover up a data breach. A spokesperson claims “there is no merit” to allegations against former Uber Chief Security Officer Joseph Sullivan, who is now facing charges of obstruction of justice and misprision of a…
Vinnik’s attorney appeals against 5-year prison sentence
Lawyers of the alleged $4 billion Bitcoin launderer appeal to the court, arguing that Alexander Vinnik was just an employee at BTC-e. The defense team of Alexander Vinnik, an alleged Bitcoin launderer who was sentenced to a five-year prison term, disagrees with the court’s decision.According to a Dec. 18 report by Russian news agency Kommersant, Vinnik’s…
Africa: COVID-19, Gold Demand and the Gold-Backed Stablecoin Opportunity
When markets are bleeding, investors turn to gold. The celebrated precious metal and former reserve standard of the world’s monetary system is valuable for several reasons, but primarily because it is scarce. So scarce, that supply-chain problems with physical gold delivery are manifesting as demand surges amid the COVID-19 financial chaos.Why is gold so popular amid…
Top Cryptocurrencies See Slight Gains, Bitcoin Hovers Under $4,000
Tuesday, Nov. 4: Most of the top twenty cryptocurrencies are in the green, having overcome yesterday’s losses, with Bitcoin (BTC) hovering under the $4,000 mark.Market visualization from Coin360During the day, Bitcoin has been trading in a narrow corridor between $3,768 and $4,091. At press time, the coin is trading at around $3,948, up around 1.61…