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$125 B Corporate Giant Will Use Blockchain Tech to Combat Global Warming

June 15, Unilever unveiled a $1 billion initiative aimed at fighting climate change in which blockchain technology will play an integral role.Traceability & transparencyUnilever is establishing a €1 billion ($1.13 billion) fund that over the next ten years will be used to protect the environment:“To accelerate action, Unilever’s brands will

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Paxful Launches Bitcoin Fundraising Campaign to Combat COVID-19 in Africa

Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced on May 4 the expansion of its #BuiltWithBitcoin charitable initiative in Africa with the launch of the “Africa Fund.” The fund will use Bitcoin (BTC) donations to purchase essential resources for the fight against the coronavirus pandemic.According to the announcement, COVID-19 cases are increasing in

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Bitcoin-Backed ‘Cryptodollar’ to Combat Hyperinflation in Venezuela

Colombian-based cross-border remittance start-up Valiu has launched Bitcoin-backed synthetic U.S. dollars as a means for Venezuelans to access stable assets and bypass the hyperinflation plaguing their national economy.It’s still in Alpha, but Valiu has partnered with Latin America food delivery app Rappi, which could offer a large user base to

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Italian Red Cross Launches Bitcoin Fundraiser to Combat Coronavirus

The Italian Red Cross and the Colli Albani Committee are raising donations Bitcoin and other cryptocurrencies to fight the country's coronavirus pandemic with the support of Helperbit, as announced on March 12.Goals of the new campaignProceeds from the campaign will reportedly be used to set up a second-level advanced

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Chainalysis to Provide Bitfinex With ‘Privacy-Safe’ Tools to Combat Crime

New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution.In a press release published on Dec. 12, both firms took pains to stress that the solution will be privacy-safe, but help Bitfinex to crack down on bad actors using its

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