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“# Colombian exporter developing cryptocurrency to help transport long-horned beetles to Japan ” As reported by Reuters Thursday morning, Tierra Viva (“Alive Earth”), a Colombian exporter of long-horned beetles based in Tunja, has been developing its own cryptocurrency to avoid high commission costs on international sales. According to the outlet, the Hercules, Neptunus, and elephant…
“# Cointelegraph launches Crypto Biz newsletter ” The cryptocurrency market has matured from a fringe technology experiment to a global asset class valued at over $2.7 trillion. It’s about time we start treating it as a business — and reporting on it as such. Cointelegraph’s Business Beat has been busy over the past year covering…
“# Risk Harbor set to take over decentralized insurance protocol Ozone on Terra network ” Ethereum-based (ETH) decentralized finance, or DeFi, risk management marketplace Risk Harbor will soon take over control of Terra’s Ozone Protocol, according to a press release published on Thursday. Ozone is a decentralized insurance mechanism that provides coverage in the event…
“# Ex-Wall Street execs lead new Bitcoin mining firm as US hash rate soars ” Prime Blockchain (PrimeBlock), a new cryptocurrency mining company in the United States, is hiring its inaugural management team after starting mining Bitcoin (BTC) in September. PrimeBlock told Cointelegraph on Thursday that it appointed Goldman Sachs veteran Gaurav Budhrani as the…
“# FC Barcelona set to launch NFT soccer moments with Ownix ” The FC Barcelona soccer club has partnered with Ownix to debut the launch of its nonfungible token, or NFT, collection focused on enhancing the connection to its global audience. The series will showcase historic moments from the club’s 122-year history, one that includes…
“# KuCoin launches virtual office in the Bloktopia metaverse ” Crypto exchange KuCoin has announced it will be opening a virtual office inside the skyscraper from the decentralized metaverse Bloktopia. In a Nov. 2 announcement, KuCoin said it would be joining the metaverse by launching an office inside Bloktopia’s platform, designed as a skyscraper. The…
“# DeFi, CeFi and institutions: AscendEX’s $50M raise highlights ambitions beyond exchange business ” Global cryptocurrency and financial platform AscendEX recently concluded a $50 million Series B fundraiser that was backed by some of blockchain’s biggest venture funds, putting the company on track to bridge the gap between centralized finance and the budding world of…
“# EOS community ramps up battle for organization control against former developer Block.one ” Members of the EOS ecosystem, a blockchain designed to power decentralized applications, or DApps, are voicing their dissatisfaction with former developer Block.one. As a result, they have formed their own organization and elected new leadership in an effort to revamp the…
“# Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin ” United States-based crypto mining company Marathon Digital Holdings holds more than $460 million in Bitcoin (BTC), mainly from mining and purchases since last year. According to a Tuesday report, the mining firm said it had been HODLing all Bitcoin generated from its mining…
“# Goldman Sachs boosts tokenization efforts with new partnership ” American investment bank Goldman Sachs, a backer of major cryptocurrency firm Circle, is strengthening its tokenization efforts by partnering with the blockchain startup Digital Asset. The partnership enables Goldman Sachs to use Daml, a development framework created by Digital Asset to allow financial institutions to…