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UN Agency Employs Blockchain to Protect Migrant Workers in Hong Kong From Illegal Fees

The International Organization for Migration (IOM)—the United Nations Migration Agency—has announced the launch of a blockchain-based tool designed to prevent migrant domestic workers in Hong Kong from exploitation. The tool was developed in collaboration with Diginex, a blockchain technology company specializing in financial services.    On Dec. 16, in a release published on their page, … Continue reading UN Agency Employs Blockchain to Protect Migrant Workers in Hong Kong From Illegal Fees

South Korea’s Jeju Island Leverages Blockchain to Curb Depleted Electric Vehicle Batteries

Jeju Island’s government representatives have revealed that a blockchain-powered electric vehicle waste-battery distribution management system has been implemented based on multi-year support. The island is categorized under South Korea’s special self-governing zones. The blockchain-based management system will track the history of receipts of waste-batteries acquired at the Jeju Technopark Electric Vehicle Battery Industrialization Center opened … Continue reading South Korea’s Jeju Island Leverages Blockchain to Curb Depleted Electric Vehicle Batteries

Love is in the Chain: Could Blockchain be the Solution to People's Dating Woes?

Dating is a battleground filled with deception and infidelity, some say, and this is true. The modern dating world is a molten cauldron that simmers with outright treachery, barely concealed adultery, and conveniently fabricated half-truths. In the Tinder era, he or she who lies the best is king.  The world is a lonely place, and … Continue reading Love is in the Chain: Could Blockchain be the Solution to People's Dating Woes?

U.S. National Republican Congressional Committee To Accept Crypto Donations Through Bitpay

In one of a kind move, the House Republican campaign arm, the National Republican Congressional Committee (NRCC) in the United States, has announced an acceptance of cryptocurrencies as donations to its campaign efforts. According to a report by Axios, the NRCC will become the first national party committee to test this new form of virtual … Continue reading U.S. National Republican Congressional Committee To Accept Crypto Donations Through Bitpay

Messari Wins the Heart of Steve Cohen as it Raised $21M From Investors

Blockchain research and analytics platform, Messari has raised a total of $21 million from investors in a Series A funding round. The capital raise was led by Steven Cohen’s Point72 Ventures, marking the first time the billionaire will officially be getting involved in the Bitcoin (BTC) and digital currency ecosystem. According to a report by … Continue reading Messari Wins the Heart of Steve Cohen as it Raised $21M From Investors

US Federal Reserve Raises Interest Rates since 2018: Implications for Crypto

The United States Federal Reserve announced to raise its interest rates by 25 basis points, the first time in about three years it will be making such a move since December 2018. When the Coronavirus pandemic hit in 2020, the apex central bank reduced the interest rate to Zero in order to help the economy … Continue reading US Federal Reserve Raises Interest Rates since 2018: Implications for Crypto

UN Refugee Agency Secures $2.5m in Stablecoin Donation for Ukraine

As the war in Ukraine continues to bear its toll, the USA for UNHCR, United Nations Refugee Agency, has received a donation of $2.5 million to support families that are most impacted by the ongoing crisis. According to an announcement shared by the UN Agency, the funding was domiciled in Binance USD (BUSD) stablecoin and … Continue reading UN Refugee Agency Secures $2.5m in Stablecoin Donation for Ukraine

Binance Scores Big Win as Newly Licensed Exchange in Italy

Binance cryptocurrency exchange has just scored a big win as its Italian offshoot, dubbed Binance Italy, has received approval to operate in the country by the Organismo Agenti e Mediatori (OAM). With the new license, Binance can now work, and offer its products and services to Italians, marking the firm’s gradual influence growth in the … Continue reading Binance Scores Big Win as Newly Licensed Exchange in Italy

Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts

On February 6, a devastating earthquake struck the southeastern part of Turkey at the border with Syria. As of right now, over 5,000 people have lost their lives as a result of the quake. The earthquake occurred over a stretch of the fault line that was 100 kilometers (62 miles) long and had a magnitude … Continue reading Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts

Democrats may lose youth votes over anti-crypto sentiments, warns Winklevoss

Gemini co-founder Cameron Winklevoss has warned that the Democratic Party risks losing crucial support from younger voters due to what he perceives as an aggressive stance on cryptocurrencies by notable figures within the party. In a series of tweets, Winklevoss asserted that Democrats are alienating Millennials and Generation Z—groups which, he says, have wholly embraced … Continue reading Democrats may lose youth votes over anti-crypto sentiments, warns Winklevoss

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