Blockchain
The Malaysian Palm Oil Council (MPOC) in partnership with blockchain firm BloomBloc, have developed a blockchain app to enable users trace palm oil throughout its entire supply chain. According to reports, the blockchain-based system is ready for roll out to local palm oil growers and plantation owners following its successful
Africa
While many non-coiners and detractors discussed Bitcoin and the world's ecomomic crash due to the Coronavirus pandemic, investors and bitcoiners seem to see an "opportunity" in the current state of the market. With so many people around the world now working from home, as part of
Education & News
U.S. government indicates a stronger commitment to using digital currency infrastructure as the coronavirus crisis puts pressure on its economy. The new coronavirus stimulus bill includes plans for the creation of a digital dollar. In response to the news, bitcoin price rose by 15% over a 24 hour trading
Education & News
In a recently released biannual report, Tezos Foundation reveals that it sold 8,000 Bitcoin in 2019. The news comes barely a year after it raised $400 million from an initial coin offering. Report Reveals Foundation Sold Bitcoin In July 2019, Tezos Foundation had $397.7 million in bitcoin. In
Blockchain
Tether mints millions of dollars worth of USDT, pushing the total supplied over the past three months to $627 million. Approximately $180 million worth of USDT was minted over 48 hours. Tether Mints 60,000,000 USDT For the second day in a row 60,000,000 USDT has been
Africa
Rapper and tech entrepreneur, Akon has shared the whitepaper for his upcoming "Akoin" cryptocurrency project. The 45-page document describes Akoin as a cryptocurrency "designed for entrepreneurs in the rising economies of Africa and beyond; with a mission statement to "unlock the potential of the world'
Africa
The South African Presidential Commission on the Fourth Industrial Revolution has expressed belief that blockchain technology and Artificial Intelligence could help reduce unemployment and foster development in the country. Speaking at the recent Blockchain Africa Conference in Johannesburg, Commissioner Mpho Dagada said the nation could experience important economic benefits through
Bitcoin
Following heightened volatility risks, MakerDao governance approves the use of USD Coin (USDC) stablecoin as collateral in the Maker Protocol. The deicsion was made with the purpose of reducing liquidity risks. MakerDao Approves USDC Stablecoin as Risks Loom According to a blog post by MakerDao on the matter, “Prior to
Education & News
Billionaire and Bitcoin proponent, Tim Draper asserts that Bitcoin (not banks or governments) will be the solution once the world bounces back from the coronavirus period. Bitcoin in a Coronavirus Period Heightened fears over coronavirus have led to drainage of investments from different markets. Last week, the stock market experienced
Africa
The Reserve bank of Zimbabwe (RBZ), the country's central bank is set to regulate cryptocurrencies, making a u-turn from its 2018 ban which prevented local banks from processing crypto payments. According to reports by local media - The Chronicle, Zimbabwe's central bank has started drafting a
Bitcoin
The Italian Red Cross in partnership with the Colli Albani Committee and Helperbit - a blockchain platform for charities, are raising donations in Bitcoin and other cryptocurrencies as they look to combat the coronavirus epidemic in the country. According to reports, the proceeds from the crypto donations will be used
Blockchain
Libertarian candidate for the U.S 2020 Presidential Elections - Adam Kokesh has expressed interest to develop a sovereign cryptocurrency named once elected. Kokesh made the announcement at a ceremony where he appointed Alastair Caithness as his chief blockchain policy adviser. Adding that the new role will focus on development