The Sandbox launches Sandbox DAO with 25M Sand Treasury

Ether (ETH) is still in troubled waters after failing to break a five-week-long descending channel top for the third time in a row. The March 2 test of the $3,000 resistance was followed by a 17.5% correction in five days, which signals that buyers are somewhat reluctant to defend the price.To date, Ether suffers from…

Industry figures assess the state of decentralized finance in 2024 and whether it is developing as expected.

Blockchain tracking startup TruTrace Technologies Inc. partnered with Big Four auditing firm Deloitte to track cannabis using blockchain technology.Investing news outlet ProactiveInvestors reported on Sept. 4 that TruTrace is launching its StrainSecure product in partnership with Deloitte. The system in question reportedly employs blockchain technology to track cannabis from seed to sale, in order to…

Chinese president shills CBDCs On July 4, Xinhua News Agency, China’s state broadcaster, published a transcript of President Xi Jinping’s address to the Shanghai Cooperation Organisation Summit (SCO). The SCO is one of the world’s largest regional organizations for political, economic and security cooperation, and was established by China and Russia in 2001. During the…

FTX's founder denied liquidity issues with FTT token and claimed to be the victim of false rumors. 394 Total views 5 Total shares FTX founder and CEO Sam Bankman-Fried took to Twitter again on Nov. 7 to claim that "a competitor is trying to go after the cryptocurrency exchange with false rumors", while also calling…

Taiwan’s crypto watchdog has drafted 10 guiding principles for virtual asset service providers operating in the country. 129 Total views 1 Total shares East Asian country Taiwan is reportedly planning to put restrictions on unregistered overseas crypto exchanges operating within its jurisdiction as a part of its incoming guidance for virtual asset service providers (VASPs). On

BTCE will begin trading on the Aquis Exchange in London and Paris next week. The product debuted on Germany’s Xetra digital stock exchange last June. 4827 Total views 6 Total shares Cryptocurrency investment manager ETC Group is expanding its Bitcoin (BTC) exchange-traded product offering in the United Kingdom after harnessing Swiss market rules to bypass…

KFC has rolled out a blockchain pilot program across the Middle East for its digital advertising supply chains. 1642 Total views 35 Total shares Kentucky Fried Chicken has rolled out a blockchain pilot program across the Middle East aimed at improving digital advertising and media buying.KFC Middle East expects the blockchain-powered platform to ensure greater…

The regulatory scrutiny of blockchains and cryptocurrencies is increasing. From the cryptocurrency mining ban in China to President Joe Biden’s Working Group on Financial Markets, convened by Treasury Secretary Janet Yellen, the economic activities that support and are enabled by blockchains have become a significant concern for policymakers. Most recently, a provision in the proposed…