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IoTeX, an open-source platform building the internet of trusted things, has partnered with the Global Digital Assets Corporation (GDAC), a press release on Jan 19 reads. GDAC Joining Hands with IoTeX IoTeX will work with GDAC to explore futuristic use cases that can be implemented in Dubai. Concurrently, they will […] Ripple price is on the verge of a massive breakout amid the extended consolidation. The daily close under $0.3 and the 50 Simple Moving Average on the 4-hour forced XRP price to explore levels under $0.27. However, a recovery seems imminent with the price reclaiming the position above the 100 […] A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s website, the datacenter is getting […] Coinbase has become synonymous with breakdowns whenever the crypto market moves rapidly and has faced downtime on almost every occasion when the volumes have peaked in this bull run. Today when the whole crypto market is experiencing a blood bath having already lost 21% of the market cap in the […] RiskStream, Liberty Mutual, Nationwide and some other insurance market participants are developing a blockchain proof insurance solution. The team says the solution is designed to facilitate quick and seamless verification of insurance coverage, according to a LedgerInsights report on January 12, 2021. Simplifying Insurance Coverage Verification with DLT According to […] A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17, T17, M20s and S9 According to the announcement, 500.com Ltd […] Hyundai Motors has joined the growing league of car manufacturers actively exploring distributed ledger technology (DLT). The firm is looking to use revolutionary technology to verify the authenticity of its car parts and curb counterfeiting, according to a LedgerInsights report on January 8, 2020. Hyundai Joins the Blockchain Bandwagon According […] Enterprise blockchain Concordium has been admitted into the FinTech Association of Japan (FAJ), the non-profit focused on furthering financial innovation. While its remit is centered around Japan, the influence of the FAJ extends much further thanks to corporate members that include leading global fintechs. PayPal, Visa, and JP Morgan are […] The publicly listed ASIC mining rig manufacturer, Canaan, has announced the launch of a new submerged liquid-cooled bitcoin miner called the Avalonminer A1066I. Canaan claims the new immersion cooling miner is noiseless and capable of significant overclocking, as the miner’s cooling system increases power efficiency by 78%. The China-based and […] UAE firm Etisalat is tapping distributed ledger technology (DLT) to streamline HR operations. Firm Taps Blockchain to Ensure Legitimate Data According to a report by GDN Online, UAE-based telecom firm Etisalat recently announced a new initiative geared toward empowering employees with blockchain-enabled digital HR credentials. With this, the firm has […]IoTeX Join Forces with GDAC, May Power Dubai
Ripple Price Set to Break Critical Resistance Barrier for a 40% Explosion in XRP Price to $0.42
A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity
Coinbase Breaks Down Amid Bitcoin Market Crash, Users Face Delay in Transaction Execution
RiskStream Joins Forces with Liberty Mutual, Others, for DLT Proof of Insurance
Publicly-Listed Lottery Company to Buy $14.4M Worth of Bitcoin Mining Machines
Hyundai Taps Blockchain Technology for Automotive Parts Authentication
Concordium Becomes First Blockchain Member of FinTech Association of Japan
Canaan Launches Submerged Liquid-Cooled Bitcoin Miner, Noiseless Device Boasts 50 Terahash
UAE: Leading Telecom Group Uses Blockchain in Human Resources
