Institutional & Business
Institutions and businesses are increasingly looking towards the blockchain and cryptocurrency, not knowing whether to dive in right now or wait. Eventually they will all take the plunge! CoinTribune observes and analyses their strategic choices on your behalf.
Wed 14 Jul 2021 ▪ 15h25 ▪
3 min read ▪
by
Luc Jose Adjinacou
The LA Dodgers, defending champions of the Major League Baseball (MLB), have announced they will soon be holding a special auction. They are going to sell a physical World Series Champions ring as a non-fungible token. But that will not be the only reward for the winner. A bundle at…
Wed 14 Jul 2021 ▪ 14h57 ▪
3 min read ▪
by
Greg Hansen
The CEO of Binance, Changpeng Zhao (CZ), shared on Twitter that his brainchild, Binance Smart Chain (BSC), continues to gain popularity among users. What does BSC stand for? Binance Smart Chain (BSC) is a flexible and modern blockchain with high bandwidth and the ability to deploy both smart contracts…
Wed 14 Jul 2021 ▪ 10h45 ▪
3 min read ▪
by
Luc Jose Adjinacou
What effect has the Covid-19 pandemic had on blockchain technology? According to the European company Guardtime, Covid-19 has accelerated the launch of a central bank digital currency by five years. “There is also no doubt in our mind that a major central bank will soon launch a digital currency and…
Tue 13 Jul 2021 ▪ 17h25 ▪
3 min read ▪
by
Rudy Bauer
The success of Binance turns out to be its biggest drawback. On the flip side of being the world’s biggest cryptocurrency exchange is unrelenting scrutiny from financial regulators. Key payments partner pulls its support of Binance There’s perhaps no other cryptocurrency trading platform that comes under as much scrutiny…
Tue 13 Jul 2021 ▪ 9h20 ▪
3 min read ▪
by
Luc Jose Adjinacou
On Saturday, Sotheby’s auction house sold a rare pear-shaped diamond for $12 million (~£8.6 million) in cryptocurrency. This jewel will become the most expensive jewel ever sold for cryptocurrency. A pear-shaped diamond sold in cryptocurrency For £8.6 million in cryptocurrency, a buyer managed to acquire the most expensive gem in…
Mon 12 Jul 2021 ▪ 11h50 ▪
3 min read ▪
by
Luc Jose Adjinacou
The European Union (EU) wants to create a new agency to crack down on regional money laundering. The institution is expected to first of all strengthen disclosure requirements related to transactions involving cryptocurrencies. EU documents leak The European Commission is reportedly proposing a special Anti-Money Laundering Authority (AMLA). It will…
Sun 11 Jul 2021 ▪ 11h10 ▪
3 min read ▪
by
Luc Jose Adjinacou
What brings joy to the cryptosphere is that the second biggest bank in the US is cryptocurrency-friendly! Candace Browning, Head of BofA Global Research, describes cryptocurrency as “one of the fastest growing emerging technology ecosystems.” A cryptocurrency research team Bank of America’s opinion can’t go unnoticed. It is the second…
Sat 10 Jul 2021 ▪ 13h00 ▪
3 min read ▪
by
Luc Jose Adjinacou
As many cases show, the world of entertainment definitely wants to reach out to the crypto world. Following the example of UFC, which partnered with Crypto.com, video game developer Ubisoft decided to share its blockchain ambitions and join the Aleph.im network. Welcome Ubisoft, the new channel node operator! Ubisoft…
Fri 09 Jul 2021 ▪ 19h40 ▪
3 min read ▪
by
Mbolatiana Rama
On Tuesday, a Hong Kong expert on technology, Meitu, announced they have lost $17.3 million (~£12.5 million) on their Bitcoin holdings, at the same time having gained $14.7 million (~£10.6 million) on Ethereum due to its surging price. Gross loss of over $2M: pros and cons Meitu…
Fri 09 Jul 2021 ▪ 12h30 ▪
3 min read ▪
by
Rudy Bauer
An experiment focused on the usage of central bank digital currency (CBDC) in wholesale cross-border payments and settlements, conducted by the Bank of France and Monetary Authority of Singapore, went with flying colours. Backed by JPMorgan’s Onyx, the test simulated multiple digital currencies (m-CBDC) transactions on a shared network between…
