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Japanese General Trading Company Backs Blockchain Platform for Wind, Solar

Marubeni Corp., a major Japanese sōgō shōsha, or general trading company, is now backing a blockchain-based power trading platform.Per a report by Reuters on July 23, Marubeni  has issued a loan to Lithuania-based blockchain project WePower. Per Reuters, the size of Marubeni’s stake in WePower after converting the loan

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Corona, Budweiser Owner’s Investment Arm Backs Blockchain ID Startup

United States-based blockchain identity startup BanQu announced that it closed an extension of its series A funding round led by multinational drinks and brewing company Anheuser-Busch InBev’s investment arm. The development was announced in a post on June 6.Per the announcement, the undisclosed amount of funds have been raised

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European Central Bank Policymaker Backs Stablecoins over Bitcoin

European Central Bank policymaker Francois Villeroy de Galhau believes that stablecoins can play an important role in the financial system as they aren’t as volatile as Bitcoin and other cryptocurrencies, reported Bloomberg, May 15, 2019. What’s Not Understood is Often Feared In the past seven days, Bitcoin’s price has reached from $5,000

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Samsung Backs Crypto Hardware Startup Ledger with $2.9M Investment

Photo: Joe C / FlickrBig corporations across the globe continue their patronage to the crypto industry by making huge investments. South Korea-based tech giant Samsung recently invested $2.9 million in cryptocurrency hardware ledger manufacturer, Ledger. A spokesperson from Ledger confirmed the investment but didn’t disclose further details.Also, with the

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Crypto Tidbits: Bitcoin SV Delisting, Binance Chain Launch, HTC Backs Blockchain Fund

Another week, another round of Crypto Tidbits. The movement in the value of Bitcoin (BTC) has slowed, with volume and volatility falling across the board, but underlying industry developments have been absolutely monumental.Bitcoin Satoshi’s Vision (BSV) was delisted on an array of exchange; Binance launched its own blockchain, sparking a

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