blockchain
Top StoriesWhat Crisis? High-Stakes Crypto Lending Looks Here to Stay
Top StoriesCryptoverse: After Merge, Ether Heads for a $20 Billion Shanghai Splurge
Top StoriesQueen’s Elizabeth’s Funeral to Begin at 11 A.M. On Monday
Top StoriesCryptoverse: Ether Snaps at Bitcoin’s Heels in Race for Crypto Crown
Cryptoverse: Ether Snaps at Bitcoin’s Heels in Race for Crypto Crown
Date: September 13, 2022
By Medha Singh and Lisa Pauline Mattackal (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic. The second-biggest cryptocurrency is taking market share from bitcoin ahead of an all-important “Merge” software upgrade that could sharply reduce the energy usage of its Ethereum...
Low-Carbon Bitcoin Crypto Miners’ Green Power Talk Angers Texas Locals
Date: September 6, 2022
By Avi Asher -Schapiro CORSICANA, Texas (Thomson Reuters Foundation) – As temperatures crept above 100 degrees Fahrenheit (37.8C) on a July day, air-conditioners across Texas churned overtime and demand on the U.S. state’s electricity grid flirted with a new demand record: 80 gigawatts (GW), nearly double the daily average. But at a recently set-up bitcoin...
Binance to Convert Users’ Usd Coin Into Its Own Stablecoin
Date: September 6, 2022
By Shivani Tanna and Elizabeth Howcroft (Reuters) -Binance, the world’s largest crypto exchange, said on Monday it will automatically convert user balances and new deposits of the stablecoins USD Coin, Pax Dollar and True USD into its own stablecoin, Binance USD. The move is intended to enhance liquidity and capital efficiency for users, Binance said...
Stablecoin Tether Hires Bdo Italia for Monthly Proof-Of-Reserve Reports
Date: August 19, 2022
By Elizabeth Howcroft LONDON (Reuters) -Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting firm BDO Italia to vouch for its asset reserves, and aims to publish its reports monthly rather than quarterly by the end of the year. Stablecoins are a type of cryptocurrency designed to keep constant value, such as...
Digitising Trade Whilst Standards Are Agreed
Date: August 17, 2022
By Jacco De Jong, Bolero International With so many processes still reliant on paper documents, international trade has a long way to go before it becomes fully digitised. Important documents used every day such as bills of lading used under open account, documentary collections and letters of credit transactions are predominantly on paper. This massive...
Going Digital in Trade Finance: A Corporate Case Study
Date: August 5, 2022
By Jacco de Jong, Global Head of Sales, Bolero International Digital transformation has been a widely talked about topic closely linked to blockchain, AI, machine learning and especially in the realm of international trade and trade finance. But at the end of the day that is what it has mostly just been, talk. The questions...