Search Results for: Xi

Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

The potential return of over $9 billion worth of Mt. Gox-era Bitcoin in the coming weeks could unsettle the market and exert negative price pressure on Bitcoin, according to analysts at K33 Research. Earlier this week, some creditors of the now-defunct Mt. Gox crypto exchange shared updates on their claims, providing information about the amount … Continue reading Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

Bitcoin Price Surges While the British Pound Falls During Brexit Fiasco

Bitcoin’s price shot up above $10,000, and other major cryptocurrencies have also seen gains. The turmoil surrounding the possibility of a no-deal Brexit has led to the fall of the British Pound.       Other major currencies such as the Euro, and the US dollar have also dropped after the defeat of Boris Johnson as members … Continue reading Bitcoin Price Surges While the British Pound Falls During Brexit Fiasco

Brexit Border Issues Solved by Blockchain? The EU Has Doubts

ELAND, a consortium of border security professionals, IoT experts, and haulage industry professionals, have come together with a plan to use blockchain technology to track cross-border trade after the United Kingdom leaves the European Union. The plan specifically focuses on the trade between Northern Island (UK) and the Republic of Ireland to avoid the return … Continue reading Brexit Border Issues Solved by Blockchain? The EU Has Doubts

President Xi Urges Expedition of Blockchain Development in China

On Oct. 25, China’s President Xi Jinping said at the study session of the Politburo held on Thursday that the nation should accelerate the development of blockchain technology.   Xi Jinping delivered a speech while presiding over the study. He pointed out that the application of blockchain technology has extended to digital finance, Internet of Things, … Continue reading President Xi Urges Expedition of Blockchain Development in China

Central Bank Digital Currencies Unmasked by Dr. Alicia Garcia-Herrero at Natixis

Central bank digital currencies (CBDCs) have increasingly sparked interest in recent years. With the notion of China’s central bank, People’s Bank of China (PBoC) announcing its plan to issue its digital currency (DCEP) and Facebook’s Libra stablecoin emergence, the world has been paying more attention to CBDCs.  Alicia Garcia-Herrero, Asia Pacific Chief Economist at Natixis shared her insights into … Continue reading Central Bank Digital Currencies Unmasked by Dr. Alicia Garcia-Herrero at Natixis

Bitcoin Continues to See Gains After President Xi’s Announcement

Following recent news that blockchain advancements will be at the forefront of Chinese development across a range of industries, there has been an immediate reaction in Chinese tokens and crypto applications. China Merchants Bank (CMB) has recently announced an investment in crypto wallet BitPie. BitPie is one of the longest-running crypto wallets in China. China… … Continue reading Bitcoin Continues to See Gains After President Xi’s Announcement

Xinyuan Employs X-Bolts Blockchain for Real Estate Transformation

Are you ready for the disruption prompted by blockchain as part of the fourth industrial revolution or 4IR? Blockchain is continuously shaking up the status quo of many sectors, and real estate is not an exemption. Xinyuan, a real estate property manager and developer primarily operating in China, seeks to win market recognition and accelerate … Continue reading Xinyuan Employs X-Bolts Blockchain for Real Estate Transformation

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

The European Commission and European Investment Fund (EIF) have launched a €2B fund to be invested in fundamental technologies. Nearly €300-€400M will be invested in blockchain and artificial intelligence (AI) amid fears that China and the US are setting a precedent in these areas.  Sifted reports that €100m of this money will be generated by … Continue reading Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain

Alan Lim, one of the initial members of the IBM Worldwide Blockchain team, heads IBM Blockchain Labs in the Asia Pacific. Blockchain.News sat down with Lim to learn more about IBM’s blockchain initiatives, including its Trust Your Supplier and Food Trust platforms.  IBM Food Trust was first launched in August 2017, with 10 Foundation members … Continue reading IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain

Huge Worries As Some Coinbase Customers Express Dissatisfaction Over $10 Maximum Daily Limit

According to ongoing reports and speculation from some quarters in the cryptocurrency world, as regard allegations being brought against Coinbase, the United States San Francesco based cryptocurrency giant exchange and wallet service of restricting some clients to a maximum withdrawal of $10 per day. A Coinbase user first reported this issue on Reddit about the … Continue reading Huge Worries As Some Coinbase Customers Express Dissatisfaction Over $10 Maximum Daily Limit

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