Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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French Food Company Looks to IBM’s Blockchain Network for Better Sourcing
IBM Food Trust blockchain platform has onboarded one more French manufacturer seeking to enhance transparency of product provenance and supply chain.The Avril Group, a vegetable oil, eggs and protein manufacturer, and the owner of brands Matines and Lesieur, has begun using IBM Food Trust network to ensure traceability of its products, according to a Feb.…

Bitcoin price is returning to $40K — But will shorts have their revenge?
An analyst promises an “interesting few days” as volatility firmly reenters the Bitcoin market and sentiment transforms. 2013 Total views 92 Total shares Bitcoin (BTC) returned to $40,000 on Wednesday as bulls and bears waged a tug-of-war for hard-won higher ground.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“A lot can happen” from current BTC price levelsData…

South African Central Bank to Reportedly Introduce New Crypto Regulations
The South African Reserve Bank (SARB) — the country’s central bank — is purportedly going to impose new regulations for the use of digital currencies in a bid to deter users from evading currency controls.As local business-focused publication Business Report reported on Dec. 2, SARB’s deputy governor, Kuben Naidoo, said that the new rules will…

Co-founder of defunct exchange QuadrigaCX allegedly runs Wonderland
In a series of twitter posts published Jan. 27, decentralized finance (DeFi) investigator zachxbt seemingly unveiled the true identity of previously anonymous QuadrigaCX co-founder Michael Patryn, doxxing him to be that of @0xSifu, the founder of DeFi protocol Wonderland.1/ This needs to be shared @0xSifu is the Co-founder of QuadrigaCX, Michael Patryn. If you are…

BTC Hits $4,800 for the First Time in 2019, Top Crypto Markets See Double Digit Growth
Tuesday, April 2 — Bitcoin (BTC) has pushed over $4,500 for the first time this year, while top crypto markets are solidly in the green for the second day in a row, some seeing major 24-hour growth.Market visualization from Coin360The price of BTC skyrocketed, gaining more than 14 percent in the space of one hour…

Project Ragnarok: Digix Integrates Dissolution Mechanism for DigixDAO
Gold-backed stablecoin issuer Digix has integrated a dissolution mechanism into its DigixDAO platform, created to fund projects which encourage the growth of the Digix ecosystem. Each quarter, DGD token holders will vote on the mechanism — called Project Ragnarok — with DigixDAO only continuing into the next quarter if the dissolution vote fails.The first Project…

Time to accumulate? 5 sectors to watch during crypto winter
It’s weird to think that anyone could look forward to downturns in the crypto market, but that is precisely the position held by many developers and project creators who enjoy the low-pressure environment that exists during a bear market. As the saying goes, bear markets are for building, and now is one of the best times…

Bank of England answers professionals’ questions about upcoming CBDC wallet
The Bank of England answered more than 70 questions from applicants who wish to win over the $244,000 contract. 459 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTCompanies that applied to win over the $244,000 contract to develop a central bank digital currency (CBDC) wallet proof of concept…