NFTs hit $562M in monthly sales volumes, recording six-month high

Messaging app Telegram endorsed TON network as its blockchain network of choice for Web3 infrastructure, boosting the TON token price by 7%. 402 Total views 2 Total shares Popular messaging app Telegram has finally unveiled a crypto wallet nearly three years after it first revealed plans to build a Web3 ecosystem. The wallet was unveiled during

The Ecuador-based Sustainable Shrimp Partnership (SSP) is joining IBM's Food Trust Ecosystem, using IBM’s blockchain technology to ensure the quality of SSP shrimp products, according to a press release on May 6.By joining the Food Trust Ecosystem, retailers and consumers will have access to production and development data on the SSP shrimp products. Director of…

In the coming weeks, hundreds of thousands of Australian crypto investors are set to receive a reminder of their tax obligations from the country’s authorities.Citing an unnamed Australian Tax Office (ATO) representative, news.com.au reported on the forthcoming campaign on March 11.“Up to a million” Australians estimated to be buying or selling cryptoIn 2019, ATO had…

On Nov. 18, Big Four auditing firm KPMG released its 2019 Fintech100 ranking, which lists the top 100 fintech firms in the world. The list saw a drop in Bitcoin-related companies but reinforced innovation in the payments industry.As was the case in 2018, AntFinancial — owned by Jack Ma of Alibaba — led the ranking.…

Walmart is currently making use of blockchain technology to create a food traceability system based on the Linux Foundation’s Hyperledger Fabric. Along with IBM, the retail giant has already tested two proof-of-concept projects to examine its envisioned system. The first project deals actively with tracing the origins of the mangoes being sold across Walmart’s stores in…

Cryptocurrency exchange Deribit recently published an analysis explaining that cryptocurrency companies are racing to adopt financial services known from legacy finance. The post points out that all crypto companies, exchanges included, will soon offer users interest accounts, cost-effective ways to perform transactions, and tax services. Throughout his post, he explains why these features, along with others,…

The Terraform Labs co-founder has pushed back against the SEC’s request to question him in the United States. 273 Total views 4 Total shares Lawyers for Terraform Labs co-founder Do Kwon have requested a federal court to reject the United States Securities and Exchange Commission’s (SEC’s) request to question him in the U.S. over the

Blockchain will “probably take a little longer” to develop than the internet, because it is “much more complicated,” ConsenSys creator Joseph Lubin told German media outlet t3n in an interview, Cointelegraph auf Deutsch reported Nov. 9.Lubin, who is also the co-founder of Ethereum (ETH), told reporters that blockchain technology is developing in a similar way…

Venezuelans traded more bolivars for Bitcoin (BTC) than ever before last week, but the statistics say more about fiat than cryptocurrency. Yet another Bitcoin volumes record for VenezuelaData from Coin Dance, which tracks trading activity on P2P exchanges Localbitcoins, Paxful and Bisq, confirmed the seven days to July 20 were Venezuela’s biggest on record.During that period,…