Blockchain Traceability Overhauls Payments Amid Major Corporations

According to a new report of the Forbes Blockchain 50, Multi-billion dollar companies are more likely to use blockchain for traceability and provenance than for payments and settlement. In late February, the annual Blockchain 50 list was published covers fifty of the biggest brands in the world who are adopting …

Cryptocurrency exchange OKEx Launches a New Feature “Convert Small Balances to OKB”

OKEx, Cryptocurrency exchange launched a new feature “Convert Small Balances to OKB” that enables its users to convert small balances to the firm’s proprietary token OKB. On April 7, OKEx announced that the new product “Convert Small Balances to OKB” allows its user to convert all the tradable digital asset with less …

According to PwC Asia and Europe are The New Lands of Crypto Fundraising

According to a report by Big Four auditing firm PricewaterhouseCoopers (PwC), most of the fundraising in the cryptocurrency space moved from the Americas to Europe, the Middle East, and Africa (EMEA), and the Asia Pacific regions (APAC). Fundraising efforts in the crypto space obtained 18% less funding, while funds in …

Binance Exchange is soon to Launch a futures platform of Trading

The world’s largest cryptocurrency exchange, Binance is soon to launch a futures platform of trading, where users will be able to select between 1-50x leverage. Changpeng Zhao “CZ”- The founder and CEO of the exchange announced a futures trading interface on Binance with specialities including longs and shorts on crypto …

BitMEX Dropped by 25% After Mass Liquidations

The amount of Bitcoin (BTC) maintained by crypto exchange BitMEX has dropped by 25% in the former few weeks. On March 12, During the crypto bloodbath, Bitcoin (BTC) plunged 50% from a price of over $10,400. Mass liquidations on BitMEX were supposed to work in the crypto crash. Since then …

After Accidental Bitcoin Plug, Trump expects oil prices crash to just $9

Donald Trump, President of the United States, after accidentally advertising Bitcoin (BTC) last week, has now indicated that he expects oil to crash to just $9. In a press conference, Trump restated what has enhanced a propensity for lower oil prices, on March 31. Luke Martin, Trader & Analyst, tweeted: Donald …

BMW is Expanding the Blockchain Solution for Supply Chains

German’s multinational company of automobiles and motorcycles manufacturer – BMW Group did an announcement on March 31, that “PartChain,” the platform has already been successfully tested by BMW in 2019, is now planning to expand the project to a large number of other suppliers, with 10 selected for 2020, Andreas Wendt — …

SF Express is Using Blockchain to Deliver Medical Supplies During the COVID-19 Pandemic

The second-largest courier services provider in China, SF Express is considering the use of blockchain to transport important supplies during the COVID-19 pandemic. On March 30, an English-language newspaper- the Global Times within the Communist Party of China (CPC) owned People’s Daily Group — reported that the Shenzhen-based firm is discovering the technology to …

Be Cautious of a Network of Fake Bitcoin QR Code Generators, $45,000 stolen

A network of fraud QR code generators has stolen more than $45,000 from Bitcoin (BTC) users in one month. Around nine websites provided users with the ability to enter their Bitcoin address, a long sequence of text where Bitcoin funds are deposited, and convert it into a QR code image …

Bitcoin Price Consolidates-Monero (XMR) Surged 99.5% Quietly

After dropping to $24.05 during the strong marketwide correction that happened on March 12, Monero (XMR) has surged 99.5% and currently trading at $49. The new restoration occurred on consistently influential procuring volume and the altcoin has spent the last 10 days trading in an ascending channel. Here, the XMR/USDT pair …

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