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Crypto News

BSN’s Red Date Behind Shenzhen-Singapore Trade Blockchain Project

Singapore and China’s Silicon Valley, the city of Shenzhen, are building what is likely the world’s first blockchain-based network for a cross-border trade data exchange between two major economies. Red Date Technology, the architect of China’s internet of blockchains, is working with the Shenzhen Municipal Government and Singapore’s Infocomm Media Development Authority (IMDA) to build […]

Crypto News

The Complexities of Blockchain in Global Aid Efforts

In theory, crypto and blockchain technology present unique opportunities to improve, accelerate and strengthen global aid efforts. In practice, geopolitical challenges and complexities in distribution hinder projects before they’ve even had a chance to deploy the new technology.

Crypto News

Blockchain Data Startup Lukka Reaches $1.3B Valuation

Crypto asset software company Lukka has closed a Series E funding round of $110 million that pushed its valuation up over $1.3 billion. The round was led by global alternative asset manager Marshall Wace. The funds will go toward accelerating Lukka’s global expansion strategy.

Crypto News

Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain

Stablecoin issuer Tether froze three Ethereum addresses on Thursday, holding over $160 million worth of USDT, according to data from Etherscan. The three accounts will now not be able to move funds. In total, Tether has blacklisted 563 addresses on the Ethereum blockchain since November 2017, according to the Bloxy block explorer. Tether has said […]

Crypto News

A Metaverse Network Built on aelf Blockchain

As Facebook changed its name to META, the world has seen a spiked interest in metaverse-concept GameFi projects, such as Decentraland, Sandbox, Axie Infinity, Illuvium, and many more. The land of the concept has brought an infinitely broad market to the construction of blockchain infrastructure. At the same time, the public chain is bound to […]