SEC-Licensed Broker-Dealer BitOoda Secures $7M Seed Funding
SEC-registered crypto brokerage BitOoda secures $7 million in funding from investors including former senior investment exec at JPMorgan Go to Source Powered by WPeMatico
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Oil and Gas Consortium Is 1st to Apply DLT to Industry Balloting
A group of 10 global oil and gas firms like Chevron and Shell sees successful pilot for digitized industry balloting using blockchain Go to Source Powered by WPeMatico
Venezuela Cuts Petro’s Backing from 5B Barrels of Oil to 30M: Reuters
Venezuela to back its Petro with 30 million barrels of crude oil instead of 5 billion barrels as initially planned Go to Source Powered by WPeMatico
Ripple Criticized for Alleged Misrepresentation of Relationship to XRP
Ripple Labs comes under renewed criticism for its allegedly misleading representations that it “discovered” — rather than created — the XRP token Go to Source Powered by WPeMatico
Australian Startup to Offer 20% Payback on Fuel Purchases in Tokens
Australian startup Incent plans to offer a 20% payback in its INCNT tokens on fuel purchases Go to Source Powered by WPeMatico
Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central de Venezuela’s (BCV) vaults to pay for oil and gas operations. Also read: Maduro’s Petro … Read more
Iran Is Being Targeted for Economic Independence, Not Terrorism
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already tenuous ties to the global market. With soldiers and weapons “of … Read more
Oil Giants Hire Blockchain Startup to Manage Water in Bakken Fields
Data Gumbo to run water for North Dakota’s oil fields via blockchain tech for heavy hitters like Chevron, Exxon Mobil and Royal Dutch Shell Go to Source Powered by WPeMatico
Report: Shell and Sinochem Discuss Blockchain Platform for Crude Oil
Sinochem Energy Technology is reportedly discussing building a blockchain platform for the oil sector with Shell and Macquarie Go to Source Powered by WPeMatico
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong has explained in a recent interview that Tether is also preparing to launch … Read more