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“# UAE employs blockchain tech for remote litigation services ” The government of the United Arab Emirates will employ blockchain technology for use in its judicial notarization and authentication services, it announced on April 19, according to the Emirates News Agency. The adoption of blockchain tech is expected to cut down on the time, effort…
“# Deutsche Telekom invests in mobile DeFi platform Celo ” Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance. The telecom giant has made a “significant purchase” of Celo’s native token CELO through its strategic investment fund, the Telekom Innovation…
“# Crypto payments banned in Turkey — Is this just the beginning? ” Buying something with Bitcoin (BTC) in Turkey will soon be illegal, and the topic of crypto payments has become a political debate since the Central Bank of the Republic of Turkey’s April 16 announcement that it will forbid the use of cryptocurrency…
“# Cardano and Polkadot extend staked capitalization dominance ” The stakes have been upped for Cardano and Polkadot, with the two networks continuing to dominate the staked capitalization rankings. According to data from StakingRewards, Cardano is currently the top blockchain in terms of staked value, with roughly $26.4 billion worth of ADA allocated to securing…
“#US banks deploy AI to monitor customers, workers amid tech backlash” Several US banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near ATMs, even as they remain wary about possible backlash over increased surveillance, more than a dozen banking and technology sources told Reuters. Previously unreported…
“#South Florida restaurant buys robots to fight staffing issues” The future of food is here. A restaurant in Florida has added several new high-tech workers to its roster. After struggling with staffing issues, the seafood place decided to invest in robots to help deliver food to tables and perform other important tasks. Mr. Q Crab House in Hollywood, Fla.,…
“# Cardano’s upcoming Alonzo smart contract update takes ADA to new highs ” Cardano (ADA) has become one of the most prominent upcoming blockchain networks. Its native token, ADA, has risen to become one of the top 10 cryptocurrencies in the world by market capitalization in a short time span. It currently ranks seventh, with…
“# A London tour guide: What the EIP-1559 hard fork promises for Ethereum ” Ether (ETH) has been on a tear recently, with the premier altcoin’s value increasing from $1,800 to the peak of $2,480 since the start of April, showcasing a growth of nearly 30%. This latest wave of monetary momentum comes in the…
“# Tether launches on Hermez rollup as Ethereum starts falling behind ” Tether (USDT) has now launched on Hermez Network, an Ethereum scalability solution based on the zk-rollup concept. Rollups provide a way of batching or “rolling up” transactions to lighten the load on the Ethereum network. The key to rollups is the concept of…
“# China aims to let foreigners use digital yuan at Winter Olympics in 2022 ” China’s central bank is looking to enable foreign athletes and visitors to use the country’s digital currency during the Beijing Winter Olympics in 2022, according to a top central bank official. Li Bo, deputy governor of the People’s Bank of…