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Ukrainian Security Department And Law Enforcement Uncover a Crypto Mining Farm in a Railway Subdivision in Lviv
According to a report, Ukrzaliznytsia has uncovered a hidden cryptocurrency mining farm in the Lviv railway subdivision, which has been making use of the country’s electricity without paying for it. This secret mining company was discovered by Ukrzaliznytsia's security department, in conjunction with law enforcement officials.
IBM’s Blockchain Technology Hand Picked By Coop Italia for Food Traceability
Coop Italia, the biggest retail chain in Italy, has acknowledged this attribute as it has selected IBM’s blockchain technology to enable its private label brand called Coop Vivi Verde to trace the origin of eggs in its supply chain.
Ripple CTO Assesses XRP as a Bridge Cryptocurrency Between CBDCs, Stablecoins, and Fiat
Ripple’s CTO David Schwartz discussed the key role Ripple (XRP) tokens and other cryptocurrencies would play in a market where CBDC was becoming a hot topic.
Crypto Fest 2.0 Rumble in the Crypto Jungle
Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, regulators are scrutinising closely and expectations that bitcoin is going to moon soon, is causing a rumble in the crypto jungle!
Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot
As the cryptocurrency market reaches all time high retail interest, exchange giant Binance has announced a temporary suspension of services for maintenance on its platform.
May 25: Negative Rates Eating the World (but not Crypto)
Like Chinese ADRs in the US, it's a sea of red for crypto with Bitcoin down more than 5% in the past 48 hours as it fails to hold above 9k & 8.8k where stops got triggered. No news or catalyst but the lack of bulls to follow through was evident through the volume, and perhaps over this long weekend that the usual buyers haven't been able to pile onto their longs.
Barred from Leaving China? Tron Founder Justin Sun Surfaces in San Francisco
Justin Sun was on the border control list by the Chinese government that can restrict him from travelling abroad due to alleged illegal fundraising, money laundering, gambling and involvement in pornography according to Caixin. However, on a live video broadcast on Justin Sun’s Twitter, he shows the Bay Bridge in the background, which meant he appeared to be in San Francisco.
Mastercard Blockchain to Trace Produce for the Largest American Food Group
Mastercard is collaborating with Envisible, a supply-chain company, to allow the traceability of the origin of food products via Mastercard's blockchain-based Provenance Solution.
Nestle Partners with Carrefour To Track Origin of Baby Milk Products Using Blockchain
The adoption of blockchain has great impacts on supply chain management and all activities related to the production processes of an organization. The latest news indicates that Nestle and Carrefour have partnered to track the supply chain of baby milk products using blockchain.
IBM Blockchain Technology Used for Salmon Traceability By Cermaq and Labeyrie
Conscious consumerism is a term continuously making waves because people are becoming more keen on what they consume. For instance, they are concerned about the origin, safety, and nutritional value of what they drink and eat.