Despite Carnage in Crypto Industry, Bitcoin Soared 40% This January
Bitcoin has had a great run with a near 40% rise this year, even after Genesis, a crypto lender declared bankruptcy months after FTX sunk in November. Let us decipher…
Five Industries Making Use of Blockchain Tech
Blockchain technology has introduced a peculiar system that seeks to solve a myriad of problems faced by various industries. Blockchain has the ability to tackle pertinent issues such as security,…
California Cannabis Producer Uses Blockchain to Track Produce
A cannabis nursery based in Mendocino County, California, has adopted the use of blockchains as well as smart contracts to authenticate its medicinal herbs. Called Mendocino Clone, the nursery was…
Four Possible Crypto Trends to Watch in 2023
A recent report released by Steven Goulden, a senior analyst at Cumberland, has identified a number of “green shoots” that could emerge in the cryptocurrency market in 2023 in spite…
UNHCR Starts Pilot Blockchain-Based Payment System for Ukraine War Victims
The United Nations Refugee Agency (UNHCR) recently unveiled a blockchain payment solution for the distribution of digital cash to Ukrainians impacted by the ongoing Russian invasion in collaboration with the…
Victory for NFT, Crypto App Developers as Apple Complies with EU Laws
Following the new anti-monopoly law of the European Union, Apple intends to allow apps from third-party app stores to operate on its devices, which could mean significant gains for developers…
Am I “Insane” to Buy Crypto in a Bear Market?
“Welcome to Survivor: Crypto Winter!”That’s how I opened my speech at the “Fintech on the Block” crypto conference in San Francisco in 2019.The crowd laughed, but it was true. Those…
Bitcoin Hits $17,700 as November CPI Data Shows Cool Down in Inflation
Bitcoin prices increased by more than 5% on Dec. 13, 2022, after the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) was up by 0.1%. November’s CPI…
New York Fed Releases Promising Results of Project Testing Blockchain Tech in Cross-Border Trade
The New York Federal Reserve Bank has published a report detailing its findings from Project Cedar, an inaugural project geared at developing a technical framework through which a wholesale central…
How Elon Musk’s Acquisition of Twitter Could Impact Crypto Adoption on Social Media
As web3 technologies gradually gain prominence, many companies anchored in web2 technology are amending their services and products in order to accommodate the new web3 technology. After Elon Musk completed…