JPMorgan Launches Blockchain-based Interbank Platform with Indian Banks
JPMorgan has applied blockchain technology to streamline cross-border US dollar transactions with major Indian banks. The platform aims to provide near-instant settlements around the clock. Expanding System Capacity Through Blockchain…
Louis Vuitton Launches Exclusive NFT Collection for Elite Customers
French luxury fashion house Louis Vuitton is releasing a limited series of NFTs priced at around $41,000 each that will grant exclusive benefits to high-level customers. Starting June 8, only…
EOS at 5 Years: The Trials and Triumphs of an Embattled Blockchain
The EOS blockchain has turned 5 years old, although it has gone through a bumpy journey. EOS Network Foundation believes the community’s resilience and support has helped the project survive.…
Tether to Allocate 15% of Profits to Buy Bitcoin
Tether plans to regularly allocate 15% of its operating profits to buy Bitcoin starting this month. Tether did not disclose the exact amount of profit it will use to buy…
LiteBit to Close Operations and Transfer Accounts to Bitvavo: What You Need to Know
LiteBit, the Dutch cryptocurrency exchange, has announced that it will be closing down its operations and transferring customer funds and accounts to the fellow cryptocurrency exchange Bitvavo. Important to note…
Ethereum Beacon Chain Faces Technical Issues
The Ethereum Beacon Chain, which serves as the consensus layer for the Ethereum network, experienced technical issues on May 11th and 12th, causing it to stop finalizing blocks. The issues…
Bitcoin Addresses Holding 1 BTC Reach 1 Million
On May 13, 2023, a milestone for Bitcoin has reached. More specifically the number of Bitcoin wallet addresses holding 1 BTC or more has surpassed 1 million, according to Glassnode.…