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Non-profit organization that supports the development and growth of the Stellar network The Stellar Development Foundation (SDF) is integrating Stellar into the
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In its first-ever, the Chinese steelmaker Nanjing Iron and Steel Company said it has completed an iron ore trade on the blockchain.The steel company obtained a $16.87 million shipment of steelmaking ingredients from the joint venture between the multinational mining group Rio Tinto and Hancock Prospecting Pty. Ltd. The shipment
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Tech Mahindra, the IT subsidiary of Mahindra Group, is to work with local edutech firm Idealabs to develop blockchain talent within India. The two firms will begin offering curated professional certification courses on blockchain, including live online classes and sessions with experts from the industry in the effort to boost the
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China’s biggest port operator, China Merchants Port, reached a deal on May 28 with the e-commerce giant, Alibaba Group, and its affiliate, Ant Financial. This deal will allow for the development of a blockchain-based platform, which will target a number of different use cases.According to local media, the platform will
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In a sudden u-turn, China pledged to implement the phase one trade deal signed with the U.S. As the global stock market feels the strain of economic decline, governments are rushing to deescalate tension. China’s difficult decision shows the global economy is highly fragile. After weeks of escalated tension,
Read MoreThe Stellar Development Foundation, or SDF, a non-profit tasked with fostering Stellar's network growth, unveiled new ties with crypto risk-management operation, Elliptic, on April 30. The partnership sees the SDF calling on Elliptic's crypto risk expertise for businesses and financial institutions based on Stellar blockchain, SFD director of communications Lauren Thorbjornsen told Cryptox
Read MoreAn ICO spokesperson said: “People must have trust and confidence in the way personal data is used to respond to the COVID-19 crisis.
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Tezos Southeast Asia — a non-profit organization is dedicated to promoting the adoption of the Tezos blockchain in the region — has inked a deal with the Association of Chartered Certified Accountants on April 13.According to a press release, the partnership between the ACCA and TSA will explore the
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While the current climate seems uneasy for all cryptocurrency businesses, some of them have to deal with extra difficulties.Earlier this month, investors filed a class-action lawsuit against Canaan, a Nasdaq-listed cryptocurrency mining hardware producer. The case is largely based on a February report submitted by an analysis organization called
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A report by Marcus Aurelius Value, an analysis organization, argues that the Nasdaq-listed ASIC manufacturer Canaan (NASDAQ: CAN) misrepresented its potential revenue for 2020. At least one of its clients is an alleged related party who is unable to honor the $150 million purchase contract.Aurelius Value also considers Canaan’s
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