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“# Ukrainian football club Dynamo Kyiv to launch blockchain-based fan tokens ” Ukrainian football team Dynamo Kyiv is launching its own fan token and digital marketplace powered by blockchain technology. According to a Jan. 4 announcement, the team has partnered with Moonwalk, a company specializing in creating digital economies for brands, to release a set…
“# Vietnamese bank issues its first letters of credit on the blockchain ” Major Vietnamese bank HDBank has now become the first bank in the country to issue letters of credit, or L/C, using blockchain technology. According to a Jan. 6 report by local media outlet Việt Nam News, the issuance, document presentation and successful…
“# Italian Banking Association launches experimental digital euro project ” The Italian Banking Association, or ABI, has affirmed its support for the implementation of a sovereign European digital currency by beginning pilot studies on a digital euro project. According to an announcement, the association is working with its research and development arm, ABI Lab, and…
“# Ripple co-founder Jed McCaleb sold $400 million worth of XRP in 2020 ” Stellar CTO and Ripple architect Jed McCaleb cashed out a whopping $411 million in XRP in 2020, according to an updated report from blockchain analytics account Whale Alert. McCaleb sold 1.2 billion XRP throughout the year at an average price of…
“# Grayscale’s ETHE shares tumble 50% as Ether skyrockets ” Shares in fund manager Grayscale Investments’ Ethereum Trust plummeted by 50% this past fortnight, despite Ethereum rallying by 75% over the same period. ETHE shares represent 0.09620794 of an Ether each and are currently trading for $13.80 — roughly a 21% premium over the spot…
“# Argentina’s Ripio acquires Brazil’s second-largest crypto exchange ” Ripio, a digital asset company based in Argentina, has purchased major Brazilian crypto exchange BitcoinTrade. According to Argentine newspaper Ambito, the acquisition is part of Ripio’s plan to spread across South America. BitcoinTrade is reportedly the second-largest crypto exchange in the country by volume. Ripio CEO…
“# The 2020 altcoin Hype-to-Activity index ” Crypto fans love to defend their favorite assets. Just look at the XRP army and the LINK Marines. Does the hype expressed on Twitter match up with high trading activity though? A few altcoins throughout 2020 revealed mixed results. Using information from The Tie, a crypto data platform,…
“# The crypto and blockchain projects with the biggest buzz in 2020 ” The cryptocurrency and blockchain industry grew by leaps and bounds in 2020. The top two assets, Bitcoin (BTC) and Ether (ETH), gained 303% and 469%, respectively, which can be considered extraordinary in comparison with the 25% return of gold. While the precious…
“# Telling the truth? How crypto data aggregators fight fake exchange volumes ” Today, cryptocurrency data aggregators are tasked with being the first point-of-contact for newbies entering the space and also providing up-to-date information to experienced users. While the COVID-19 pandemic has caused a global economic downturn, the crypto industry is booming. Previously skeptical investors…
“# Former Bitcoin.com CEO sues oracle over 37.5M allegedly unpaid tokens ” Mate Tokay, Bitcoin.com’s former CEO, is taking legal action against a small-cap crypto he advised for reportedly failing to pay him 37.5 million BRG tokens worth $525,000. Tokay claims that he was never paid for his services, despite the project using his name…