Cryptocurrency Analysis and News Portal
Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), has already gained mainstream popularity, according to global finance executives polled by Big Four auditing firm Deloitte.According to Deloitte’s 2021 Global Blockchain Survey, 81% of the financial services industry (FSI) executives believe that blockchain technology is “broadly scalable” and has achieved
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While China continues to stomp on the cryptocurrency industry, its blockchain technology keeps advancing in accordance with the country’s national strategy and its 14th five-year plan. Ansteel Group, a state-owned iron and steel maker, is among the latest to incorporate blockchain technology into its business. Its international trade unit recently issued
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China continues its crackdown on certain illegal social organizations, as authorities shut down the website and social media accounts of the China Blockchain Application Center — a organization once led by some of the nation’s most prominent crypto industry leaders, state media China National Radio reported yesterday. Fast facts The China Blockchain
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Transcript Welcome to The Daily Forkast, August 19th, 2021. I’m Angie Lau. Editor-in-Chief of Forkast.News. Coming up, Hong Kong based Sonic Capital launches a green investment initiative. In China, a Shanghai court rules that bitcoin is a legally protected virtual property;and Australia and Singapore team up on a cross-border trade blockchain trial. Let’s get
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The demand for environmental, social and governance (ESG) investing is accelerating, and several key trends are emerging — from climate change to social unrest. The coronavirus pandemic, in particular, appears to have intensified discussions about the interconnectedness of sustainability and the financial system. Blockchain has emerged as a powerful and transformative
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Walmart, the largest private employer in the United States, with 2.3 million employees placed a vacancy seeking a crypto expert to oversee, what could be, their upcoming digital currency push. The US supermarket chain has placed the add for the position of product leader who will have the important task
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The Securities and Exchange Board of India, a markets watchdog, has asked depositories to employ blockchain to record and monitor the creation of securities and covenants involving non-convertible securities, according to a report by Livemint. Fast facts SEBI formed a group in November to suggest ways to strengthen the process of
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In early July, JPMorgan released a report in which two of the bank’s analysts projected that the staking industry would be worth $40 billion in rewards by 2025. The report anticipates that once the Ethereum 2.0 network completes its transition from proof-of-work (PoW) to proof-of-stake (PoS,) payouts will more than
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IBM Japan, Mitsui Chemicals and Nomura Research Institute have announced a new consortium to explore how blockchain technology can be used to create better plastic recycling methods, according to a press release from the NRI. Fast facts Making new plastics from recycled plastics is an exact process that requires knowing the specific
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Cryptocurrency mining company Argo Blockchain announced Tuesday that it has reached an important milestone in its climate strategy, sending a strong signal that environmental sustainability remains one of its primary focuses. The company claims its crypto operations have become “climate positive” for Scope 1, 2 and 3 greenhouse gas emissions. According
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