Cryptocurrency Analysis and News Portal
Electronic music is big business. According to a report by the International Music Summit, in 2021, the electronic music sector was valued at $6 billion dollars and that sector is poised for significant further growth. That $6 billion dollar figure marks a 71% increase from the industry’s valuation in 2020,
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As the digital asset space is transforming from a niche market into an alternative investment class with participation from a wide range of players, headline-grabbing failures such as FTX, Three Arrows Capital, Voyager Digital, and now BlockFi have negatively affected public perception of the industry, highlighting the need for safe
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The enterprise blockchain space, which doesn’t seem to experience the same bullish and bearish market cycles as public crypto, is now feeling a change in the broader economic climate, particularly in areas like shipping; this is one of the reasons TradeLens is closing shop, according to Lars Jensen, CEO of
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“Most internet users spend all day opening and closing new tabs, so the wallet and crypto experience should be integrated with the way we already use the internet, rather than asking users to download browser extensions or additional software to access their funds,” said Komodo Chief Technology Officer Kadan Stadelmann.
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Blockchain adoption in the Philippines is struggling because businesses are focused on survival, according to Dr. Donald Lim, lead convenor at Philippine Blockchain Week (PBW) in Manila.See related article: Chinese mafia forcing Filipinos to work for crypto scams, says Philippine SenatorFast facts“3% of all businesses [in the Philippines] are large
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United States technology company IBM and Danish logistics firm Maersk have decided to discontinue their co-developed blockchain-backed supply chain platform, TradeLens, citing a lack of “global industry collaboration” as a key reason behind the decision.Maersk stated on Nov. 29 that it has begun taking immediate action to cease operations on
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Everstake, a blockchain firm that partnered with the Ukrainian government to launch a donation website amid the country’s war with Russia, has pushed back against online rumors and conspiracy theories that the platform was used for politically motivated money laundering. Ukrainian government officials partnered with Everstake, Kuna and the now infamous
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According to a new press release on Nov. 29, the European Investment Bank, or EIB, issued a first-ever euro-denominated €100 million digital bond on a private blockchain-underpinned platform with tokenization help from Goldman Sachs.The latter, along with Société Générale Luxembourg, also act as the on-chain custodians for the financial instrument.
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The world is quick to blame inflation for the rising prices at grocery stores and retailers. This was the #1 political issue for recent Election Day voters in the United States. For example, media sources recently reported poll data that 85% of Americans could not afford to spend $200 on
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The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter.Line-owned crypto exchange Bitfront officially announced on Nov. 27 a plan to completely close down the platform by March 2023.According to the statement, the closure was driven by the continued cryptocurrency bear
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