INDUSTRY

blockchain application in various industries

Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin

Billionaire Mark Cuban revealed in a past interview that his team, Dallas Mavericks, is accepting Bitcoins for tickets and merchandise. Cuban has been a sharp critic of crypto in the past but it seems like his view has changed.

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

A cross-border remittance startup based in Colombia, Valiu has released a new Bitcoin-backed US dollars for Venezuelans to bypass the hyperinflation that has been tormenting their national economy.

Tim Draper's Venture Studio Launches New WordPress Plugin for Anyone to Host a Cryptocurrency Exchange

Tim Draper’s venture studio has launched a new WordPress plugin, which makes it possible for anyone to create a cryptocurrency exchange on a WordPress-based website. Established in 2018, Goren Holm Ventures is an incubator/accelerator firm based in Santa Monica, California. A well-known investor and venture capitalist, Tim Draper, partnered with Goren Holm Ventures in 2019 and later rebranded it as Draper Goren Holm. The firm focuses on incubating and accelerating blockchain and crypto startups.

Coinbase Reveals New Price Oracle Competing with Chainlink as a Major Rival in the DeFi Ecosystem

San Francisco-based crypto exchange Coinbase is taking the decentralized finance (DeFi) industry to the next level by releasing its Coinbase Price Oracle, a reliable source of signed price data for crypto pairs. Blockchain oracles provide paths between off-chain and on-chain events and are third-party information sources that supply data to blockchains. Blockchain oracles offer useful data for DeFi applications and other blockchain services.

Purse.io Not Closed Just Yet, Will Bitcoin Jesus be the Bitcoin Startup's Saviour?

Purse.io may be getting a thrown a life line following their shock announcement last week that they would close their doors after six years of trying to bring serious utility to Bitcoin in retail services.

American Football Star Russell Okung Shows Massive Support for Visa-Backed Bitcoin Rewards Card

Russel Okung, a National Football League (NFL) star, has shown his support for Fold’s Bitcoin cash-back rewards card as it will take Bitcoin adoption to unprecedented heights. Speaking to Forbes, Okung revealed that he has invested in the Fold Visa card project as it is a game-changer by presenting people with a unique way of being part of the Bitcoin economy.

Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam

Ripple crypto firm has hit YouTube with a lawsuit accusing the streaming platform of failing to take action against crypto scams that impersonate the cryptocurrency company.

Child Porn Darknet Sites Surge with Crypto-Payments as Korean Police Hunt "Nth Room" Clientele

The use of cryptocurrencies like Bitcoin and Ethereum has become the preferred payment for internet based human trafficking and depraved services, which include blackmail porn and child sexual exploitation according to forensics firm Chainalysis.

Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector

One of China's major banks, the Industrial and Commercial Bank of China (ICBC) has released its white paper on blockchain-based applications in the financial sector. The document is the first white paper related to blockchain technology in the financial industry. The paper also highlights the present challenges faced by the banking sector.

Japanese Advertiser Dentsu Offers Influential Manga Comic Critics Blockchain Rewards

A Japanese advertising behemoth, Dentsu has partnered with Kadowkawa ASCII Research Labs to help local content creators on popular streaming apps to gain recognition and have their work critiqued by the public.

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