South Korean elders need Bitcoin, Ether ETFs, finance industry chief says

Bitcoin (BTC) continues to be in correction mode with BTC price dropping below $17,600 on Dec. 11, the lowest level since November. Bitcoin in a downtrend on lower timeframesEvery beautiful rally comes to an end and gets followed by a corrective period. This correction seems to have started with the price currently down more than 10% since touching…

"The future of the wine industry lies in verifiable provenance, transparency and traceability." 1426 Total views 3 Total shares An IBM blockchain-powered platform is now offering a way for people to track wine from its vineyard origins all the way to your local store shelf.In an announcement today, IBM said it has partnered with wine…

Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy. Own this piece of history Collect this article as an NFTThe debtors behind FTX have identified $5.5 billion in liquid assets but reported a “substantial shortfall of digital assets”…

Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM. 647 Total views 43 Total shares The central bank of France continues actively exploring a central bank digital currency (CBDC), completing a significant trial of a blockchain-based CBDC in the country’s debt market.Over 500 institutions in…

Leading global payment companies Mastercard and Visa have been making moves to accelerate the support of cryptocurrency payment processors by opening up new options for users around the world. Both companies made strong statements in support of the use of cryptocurrencies in July by announcing respective projects and collaborations that are driving the adoption of…

For decades, banks and insurance firms employed the same mostly static but highly profitable and centralized business models. Also for decades, Big Tech firms such as Facebook, Microsoft, Amazon, Apple and Google have monopolized user data for their profit. However, blockchain projects could significantly challenge Big Tech’s grip on user data. In 2015, the future of…

Automotive supplier Continental has unveiled an application called Earn As You Drive, which uses blockchain technology to monetize car user information.Parking space data for digital currencyForbes reported the news on Aug. 29. Per the report, Continental has partnered with tech firm Hewlett Packard Enterprise and open source network provider Crossbar.io to create Earn As You…

Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry.