WonderFi CEO kidnapped and forced to pay $1M ransom: Report
WonderFi CEO Dean Skurka reportedly said in an email that he is “safe” now and that no company funds and data were impacted.
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Top 50 Canadian Co-op Streamlines Supply Chain with Blockchain Tech
Federated Co-operatives Limited, or FCL, one of Canada’s 50-largest companies, has partnered with blockchain-based supply chain middleware platform, Morpheus.Network.FCL plans to integrate distributed ledger technology, or DLT, based tracking. This will be deployed across its diverse supply chain, encompassing 1,400 businesses across Western Canada and employs over 23,000 workers.Major Canadian co-operative embraces blockchainThe firms have…
Record stablecoin market share points to crypto upside: JPMorgan
Despite the FUD around stablecoins, the percentage of stablecoins in the total market cap has been growing recently, hitting new all-time highs. 95 Total views 3 Total shares The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto upside, according to analysts at the American…
Facebook Sources Say That Stablecoin White Paper Will Come on June 18
Multiple sources are expecting Facebook to launch its stablecoin on June 18, IT and fintech magazine TechCrunch reported on June 6.Citing people familiar with the plans, the publication added strength to existing suggestions from both within and outside the company that its secretive cryptocurrency project would appear this month.Previously, rumors had suggested it would be…
Marathon’s Bitcoin mining rate fell 9% in August
The company still mined five times more Bitcoin than in August 2022, producing 1,072 last month, and said unfavorable weather conditions caused the decrease from July. 447 Total views 9 Total shares United States-based crypto mining operator Marathon Digital Holdings produced 1,072 Bitcoin (BTC) in August — 9% less than in July but five times
From Food to Factories, Blockchain Startup Says Digitizing Assets Can Transform the World
A startup says the tokenization of assets represents the next big milestone for blockchain technology – and is creating a platform that’s going to enable individuals and businesses to digitize real-world items.According to IDA, its infrastructure helps to solve a dilemma facing the world today: an effective link between physical and digital economies. The company…
Coinbase's Base could become the NVIDIA of DeFi
Coinbase's stock price has surged since the company's first-quarter earnings report. Will its Base offering be enough for investors to sustain the momentum?
Can’t beat ‘em? Join ‘em: Mastercard and Visa make a case for Bitcoin
On Feb. 10, Mastercard announced that it would start supporting a select few cryptocurrencies on its payment network. According to the payments giant, the inclusion of cryptocurrencies will allow customers to “save, store and send money in new ways” while opening up new opportunities for merchants as well. The announcement followed a presentation on Jan. 30…
Emerging tech to create “new ethics” for humankind: MEWS 2023
Dr. Stephen Castell commented that emerging technologies like blockchain, the metaverse and AI will usher in a new set of ethics and human species. 194 Total views 7 Total shares Own this piece of history Collect this article as an NFTIn recent years emerging technologies have been pervasive in many major industries around the world.…