Texas senator discloses up to $100K in BTC after blockchain endorsement
After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023.
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Enterprise meets DeFi: Organizations work toward adopting blockchain tech
Decentralized finance is quickly maturing. While the total value locked in DeFi is over $45 billion, financial institutions and large corporations are starting to implement DeFi concepts to automate business processes. This is known as “enterprise DeFi.”For instance, invoices and other financial products can be tokenized to ensure that transactions are valid and should be…
South Korean crypto exchanges face unexpected supervisory fees
Introducing supervisory fees marks a crucial step toward increased regulation and oversight.
Crypto incubators have a responsibility to maintain fiscal discipline
Contrary to popular belief, a bear market provides ideal conditions for startup founders and developers to work on technological innovations. The absence of market frenzy and speculative investing helps startups to focus on the fundamentals, which are beneficial in the long run. However, bear markets dry up capital sources, and liquidity becomes the proverbial mirage…
3AC and CoinFLEX launch website, waitlist for crypto claims exchange
The exchange will allow crypto bankruptcy claims to be traded, according to an official Twitter announcement. 303 Total views 3 Total shares Own this piece of history Collect this article as an NFTA crypto exchange project initially proposed by 3AC and Coinflex has now launched an official website and waitlist as of Feb. 9. Called…
BIS: 90% of Central Banks are researching the utility of CBDCs
The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems. 54 Total views 1 Total shares In a new annual economic report published by the Bank of International Settlements (BIS), the financial institution revealed that approximately 90% of central banks worldwide are investigating the…
Two Firms to Build Blockchain-Based Solution for European Shipping
Vakt, a blockchain-based post-trade platform for commodities, has signed a memorandum of understanding with essDOCS, a firm that develops paperless trade solutions, to put European shipping on the blockchain.As markets and technology-focused outlet Benzinga reported on Sept. 20, Vakt and essDOCS will work on a blockchain-based solution that will allow digitization of post-trade process in…
Trump floats paying off $35T national debt using Bitcoin
The United States government is adding $1 trillion to the national debt approximately every 100 days, sparking fears of runaway inflation.
Canadian Blockchain Company Signs Contract with Seoul Ministry of Transportation
Canadian tech firm Graph Blockchain Inc. has partnered with the Ministry of Transportation in Seoul, South Korea, to run a pilot program for blockchain-based traffic data storage, according to a news release on June 24.Graph Blockchain reportedly signed a contract for around $55,000 CAD, or approximately $41,695 at press time, to run this pilot program…