Search Results for: Agricultural

Top Brazilian Meat Processing Company Leverages Blockchain to Reduce Deforestation

JBS, a leading Brazilian meatpacker, has resorted to blockchain technology to prompt the traceability of tens of thousands of cattle it processes daily. With this approach, the company hopes to shed light on its livestock source following mounting pressure from investors and Amazon activists about getting cattle from illegally deforested lands. Tracing cattle throughout their … Continue reading Top Brazilian Meat Processing Company Leverages Blockchain to Reduce Deforestation

Bitcoin Price Surpassed $40,000 and Then Plummeted

This week, Bitcoin plunged again. On Thursday (January 21), BTC plunged by more than 10%. As of the 23rd, the reporter’s press time reported $32,619. Behind the sharp rise and fall of Bitcoin are the differences in inflation expectations in the global financial market and the profit settlement of speculators after the rapid rise. So … Continue reading Bitcoin Price Surpassed $40,000 and Then Plummeted

Thailand's SEC Eyes on Decentralized Finance

With the decentralized finance market explosion, Thai regulators have turned their attention to Decentralized Finance (DeFi). According to the Bangkok Post today’s report, the Securities and Exchange Commission of Thailand (SEC) announced that any DeFi-related activities might require licenses, permitted by the local financial regulators shortly. The impetus behind this regulatory statement came from a … Continue reading Thailand's SEC Eyes on Decentralized Finance

Topnotch Bitcoin Mining Machine Manufacturer Bitmain Suspends Sales due to Chinese Crackdown

The world’s top bitcoin mining machine manufacturer Bitmain Technology Co., Ltd. announced that it would suspend the sale of mining machines worldwide in response to the Chinese government’s recent crackdown on domestic mining targetting domestic miners. The company stated that it aims to help miners who have exited the mining industry sell at a better … Continue reading Topnotch Bitcoin Mining Machine Manufacturer Bitmain Suspends Sales due to Chinese Crackdown

MicroStrategy Acquires Extra 13,005 Bitcoins, Owning Over 100,000 BTC

Leading American business intelligence firm MicroStrategy is not relenting in its quest of purchasing more Bitcoin, acknowledged by the firm’s CEO Michael Saylor. The MicroStrategy CEO said: “MicroStrategy has purchased an additional 13,005 Bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin. As of 6/21/21 we hodl ~105,085 bitcoins acquired … Continue reading MicroStrategy Acquires Extra 13,005 Bitcoins, Owning Over 100,000 BTC

Bitcoin Plunges to $32,266 amid the Intensified FUD Sentiment from China

China has strengthened the supervision of cryptocurrency mining and related trading, causing “fear, uncertainty, and doubt” (FUD) sentiment that has intensified among investors. BTC/USDT plummeted nearly 10% today, as low as $32,266. China’s third-largest bank, Agricultural Bank of China, issued an announcement prohibiting bitcoin and other cryptocurrency transactions through Agricultural Bank’s services. The announcement stated that … Continue reading Bitcoin Plunges to $32,266 amid the Intensified FUD Sentiment from China

Colombian Bank Banco de Bogotá to Support Customers to Transfer funds to Crypto Exchange

Banco de Bogotá, a commercial bank headquartered in Colombia, will support customers to transfer funds to cryptocurrency exchanges for trading through its banking services. The Colombia country manager for Buda.com, Alejandro Beltrán, revealed that Banco de Bogotá, as a government-funded pilot bank, will allow its customers to make deposits and withdrawals with Chilean cryptocurrency exchange … Continue reading Colombian Bank Banco de Bogotá to Support Customers to Transfer funds to Crypto Exchange

Santander Bank to Offer Loans Backed by Tokenised Crop Products

The Argentinian offshoot of Spanish multinational financial services company Banco Santander is on track to start offering a loan product to farmers, which will be based on tokenised agricultural products. The proposed product offering will be floated in conjunction with Agrotoken, a blockchain startup specialising in tokenising agricultural products. The partnership will remove the hassles … Continue reading Santander Bank to Offer Loans Backed by Tokenised Crop Products

Iran to Introduce Additional Penalties for Illegal Crypto Mining

Iranian authorities are tightening their grip on illegal crypto mining in the country in response to the failing power challenges that the nation is facing. As reported by the Tehran Times, subsidised energy for crypto mining is now prohibited, and the Iranian government will pass new regulations to increase the penalties for illegal cryptocurrency mining … Continue reading Iran to Introduce Additional Penalties for Illegal Crypto Mining

LandX & KlimaDAO Partner Up For A Carbon Neutral Future

Dubai, UAE, 15th August, 2022, Chainwire LandX is excited to announce its new partnership with KlimaDAO. LandX Choice is joining the Klima Infinity program, which uses a stack of DeFi technologies to enable organizations to retire tokenized carbon credits and verifiably demonstrate that they have offset their carbon footprint. LandX and  KlimaDAO share a common vision of a sustainable future built … Continue reading LandX & KlimaDAO Partner Up For A Carbon Neutral Future

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