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“# Air France pilots blockchain-based COVID-19 travel system ” With travel and tourism being one of the hardest-hit industries by the coronavirus pandemic-induced lockdowns, several stakeholders are increasingly prioritizing digital and contactless solutions. In this vein, Air France has partnered with MedAire, SGS, International SOS, and the International Chamber of Commerce to test a blockchain-based…
“# Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain ” Several major banks across Asia have joined forces to construct a cross-border central bank digital currency, according to a joint announcement issued on Feb. 23. Dubbed the Multiple Central Bank Digital Currency Bridge — or m-CBDC — the project sees the Hong…
“# State Bank of India joins JPMorgan’s blockchain payments network ” The State Bank of India, or SBI, a major Indian government-owned bank, is looking to improve cross-border payments with a blockchain solution by American investment bank JPMorgan Chase. According to a Feb. 23 report by The Economic Times, the SBI has joined Liink, a…
“# Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk — watch out ” Microsoft founder Bill Gates has issued a warning to would-be Bitcoin (BTC) buyers looking to follow Elon Musk’s investment strategy. Speaking to Bloomberg’s Emily Chang, Gates suggested Musk had access to sophisticated trade management techniques that the…
“# Solana-powered AMM Raydium proposes SushiSwap integration to reduce fees ” Major decentralized exchange SushiSwap is the latest to consider action to mitigate Ethereum’s extreme transaction fees, and it involves a potential port to the Solana blockchain. A proposal, which was posted to the SushiSwap forum on Feb. 22 under the codename ‘Bonsai,’ suggests building out…
“# $24 million lost in second-largest day of DeFi liquidations ” The Feb. 22 crypto crash has sparked the second-largest volume of DeFi liquidations in the sector’s history, with more than $24.1 million worth of loans being forcefully closed within 24 hours. According to crypto data aggregator DeBank, $13.7 million, or nearly 60% of the…
“#Chinese spyware code was copied from America’s NSA: researchers” WASHINGTON – Chinese spies used code first developed by the US National Security Agency to support their hacking operations, Israeli researchers said on Monday, another indication of how malicious software developed by governments can boomerang against their creators. Tel Aviv-based Check Point Software Technologies issued a…
“# Soccer fan tokens on the march as Poland’s biggest club adopts crypto ” The spread of blockchain-based soccer fan tokens across Europe continued on Feb. 22, as Poland’s most successful soccer club partnered with sports fintech firm, Chiliz. Legia Warsaw, which holds the record for the most number of Polish league championship wins, will…
“# Banks will be required to work with crypto, e-money and CBDCs to survive ” Image a scenario where you need different messengers to send different types of messages — for example, WhatsApp for text messages, Viber for audio, Telegram for video, etc. Rather inconvenient, right? But this is exactly what happens in finance: There…
“# The staking race: Late entrant Ethereum lags behind rivals with Eth2 ” Despite epic price rises since the start of the year and the fact that it’s the second-biggest cryptocurrency by total market capitalization, Eth2 lags behind competitors in the staking rankings. So, why isn’t Ether (ETH) the number one staking cryptocurrency? A brief…