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“# One of Europe’s largest investment banks issues security token on Tezos ” European financial behemoth Société Générale has issued a security token on the Tezos blockchain. According to an announcement on Thursday, the move constitutes the first tokenized asset offered by Société Générale. The bank stated that the security token offering was a significant…
“# Experts debate whether NFTs really need blockchain ” At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens, or NFTs, with Edmund Schuster, associate professor of law at the London School of Economics. By definition, NFTs are unique pieces…
“# Switzerland’s largest insurer AXA starts accepting Bitcoin as payment ” Europe’s second-largest insurance firm AXA has become Switzerland’s first all-line insurer to offer its customers the option to pay their bills with Bitcoin (BTC), facilitated through a collaboration with the established cryptocurrency broker Bitcoin Suisse. Bitcoin payments will be accepted for nearly all AXA…
“# Finance officials pour cold water on cryptocurrency amid Coinbase celebrations ” Finance officials from both sides of the globe are taking the opportunity to criticize the value and utility of cryptocurrencies as media focus intensifies on the space following Coinbase’s direct listing on the Nasdaq. Bank of Korea governor Lee Ju-yeol said cryptocurrencies had…
“# CEO says PayPal’s crypto commerce may reach $200M volume in just months ” As the price of Bitcoin continues to reach new all-time highs, major corporations with existing crypto offerings in place are beginning to discuss grand plans for the future. Most recently, Dan Schulman, CEO of PayPal, hinted at future developments for PayPal’s…
“# Dubai’s economic department to roll out blockchain-based corporate KYC ” Dubai’s Department of Economic Development, or “Dubai Economy,” and the Dubai International Financial Centre are working to expand their KYC platform to financial institutions across the United Arab Emirates. The DIFC made the planned project expansion known via an announcement published on its website on April…
“# Lockheed Martin adopts blockchain for supply chain management in Switzerland ” United States aerospace and defense contractor Lockheed Martin has signed an agreement with SyncFab, a Silicon Valley distributed manufacturing platform, to streamline supplier capabilities across Switzerland, offering yet another tangible use case for blockchain technology. Under the new agreement, SyncFab will provide Lockheed…
“# Enterprise blockchain solutions rally as businesses get hip to crypto ” The mainstream adoption of blockchain technology continues to pick up steam as stories like Microstrategy using Bitcoin (BTC) to pay bonuses for its board of directors and Topps announcing plans to release nonfungible token collectible trading cards make headlines on a almost daily basis. As…
“# Blockchain and Booze: The future of DeFi on Ethereum is now ” On the latest episode of Blockchain and Booze, Draper Gorem Holm’s Adam Levy sits down with three leaders in the blockchain industry to talk about layer-two solutions on the Ethereum network. Levy is joined by Stani Kulechov of Aave, Jack O’Holleran of…
“# MicroStrategy announces Bitcoin bonuses for board of directors instead of cash ” Business intelligence firm MicroStrategy announced on Sunday that its board of directors will now receive bonuses in Bitcoin (BTC) instead of cash. A modified 8-K form filed with the United States Securities and Exchange Commission revealed MicroStrategy’s decision to dispense with cash…