Blockchain Startup FUSION Controls $12.3B in Assets on Behalf of Major Partners

These are very exciting times for the blockchain and cryptocurrency industry. Interest in both technologies has never been higher, and it seems this positive momentum will continue for some time. FUSION, a Singaporean startup, has successfully secured $12.3 billion in financial assets which are locked through the company’s public blockchain platform. FUSION is on a … Read more

Ripple Announces $50M University Blockchain Research Initiative

Ripple has announced that it’s partnering with 17 global universities to support research and development of blockchain technology. In a blog post published yesterday, the company hailed universities as “major contributors to the creation of a more robust and valuable blockchain and payments ecosystem.” Dubbed the University Blockchain Research Initiative, it involves universities from Asia, South … Read more

IMF Says Bitcoin Could Create Less Demand for Regular Debt-based Fiat Money

This month the International Monetary Fund (IMF) released a report on global monetary policy in the digital age which explains that “crypto assets may one day reduce demand for central bank money.” The IMF study was written after an IMF staff discussion that details that cryptocurrencies could someday lower the demand for fiat currencies by … Read more

Abu Dhabi Firm Develops Blockchain Solution for City’s Ports

Abu Dhabi Ports has launched a blockchain solution for the city’s shipping industry, the first such initiative in the island city. Developed through its subsidiary Maqta Gateway, the initiative is known as Silsal and aims to increase efficiency, transparency and security in the country’s shipping industry. As reported by Construction Business News on June 2, Silsal … Read more

Twitch Streamers Can Now Tip With Four Cryptocurrencies

Users of the popular video game streaming application Twitch can now tip each other using a variety of cryptocurrencies. The integration is made possible by a firm called Streamlabs who have built a protocol that can send tips through a user’s Coinbase account. Also Read: Decentralized Exchange Compendium ‘Index’ Lists Over 200 Dex Platforms Twitch Users … Read more

Bitcoin Price Watch: Currency Remains Firm at $7,400

At press time, bitcoin is trading for roughly $7,460, meaning there’s no change in its overall price. It’s a good sign in the sense that bitcoin hasn’t dropped any further – the current price is a $200+ drop from its recent $7,600 high – though it’s disappointing that bitcoin is still struggling to surpass present … Read more

You have not selected any currencies to display