Coinspeaker Flare Raises $11.3M To ‘Unleash the Value’ Inherent in Payment Chains Flare, the world’s first Turing-complete Federated Byzantine Agreement (FBA) network, has attracted investment from several top-tier venture capital funds. The project raised a total of $11.3 million in its latest funding round, led by Kenetic Capital with investment from such firms as Digital […]
Disruptions Arising from Global Chip Shortage to End This Year, Says Goldman Sachs
Coinspeaker Disruptions Arising from Global Chip Shortage to End This Year, Says Goldman Sachs Regarding the disruptions caused by the recent chip shortage, Andrew Tilton, chief economist at Goldman Sachs (Asia) believes that the worst is about to end and the shortage will be in the past soon. The production of household electronics including washing […]
AAPL Stock Up 0.7% in Pre-martket, Apple Focuses on Privacy in New Updates
Coinspeaker AAPL Stock Up 0.7% in Pre-martket, Apple Focuses on Privacy in New Updates The giant tech company Apple Inc (NASDAQ: AAPL) on Monday revealed the latest version of its operating systems, focusing on high-level privacy, to serve as a distinguishing feature of its brand from other competitive products. Apple stock yesterday closed practically without […]
GTS: Global Market Maker Joins Solana Project
Coinspeaker GTS: Global Market Maker Joins Solana Project Leading New York Stock Exchange (NYSE) player Triple-S Management Corporation (NYSE: GTS) is set to join the Solana project. The large corporation announced last week that it would join the decentralized finance ecosystem by becoming a part of the Solana-based market data project. Solana is a project […]
Spanish Seafood Company Teams Up with IBM to Improve Product Traceability with Blockchain
Coinspeaker Spanish Seafood Company Teams Up with IBM to Improve Product Traceability with Blockchain As per the announcement published on June 8th, IBM has made it clear that a collaboration with the multinational seafood provider, Nueva Pescanova Group, is in progress. This collaboration was initiated with the motivation of abiding by the UN’s Global Dialogue […]
Connecting Polygon to the Multi-Chain world via Hop Protocol with 200,000$ in Liquidity Rewards
Coinspeaker Connecting Polygon to the Multi-Chain world via Hop Protocol with 200,000$ in Liquidity Rewards Polygon, the full-stack scaling solution for Ethereum, formerly known as Matic Network, has announced a 200,000$ Liquidity Program with Hop Protocol to connect Polygon to the Multi-Chain world. Hop’s vision is to connect the fragmented Layer-2 landscape and enable seamless […]
XinFin Celebrates Second Anniversary of Mainnet Launch
Coinspeaker XinFin Celebrates Second Anniversary of Mainnet Launch On June 1, 2019, XinFin launched its blockchain mainnet. It doesn’t take a mathematician to deduce that this means a second-anniversary celebration is in order. In an era where blockchains are ten a satoshi, and many don’t see sufficient adoption to warrant a first-year soiree, let alone […]
denmark cracking down on crypto tax evaders
Denmark is reportedly moving towards updating its crypto regulation. Bloomberg has reported that between 2015 and 2019, a total of 16,000 people and companies in Denmark traded cryptocurrencies, with 67% of those reported filed inaccurately. While Denmark has a reputation for being liberal when it comes to economic and social policies, the nation’s regulatory stance […]
Ethereum bull trap? ETH price signals breakdown versus Bitcoin
The ETH/BTC exchange rate has surged by around 40% after bottoming out at 0.055 BTC. But the pair appears to be heading into a bull trap. A recent run-up in Ether (ETH) prices against its top rival Bitcoin (BTC) appears to be at the risk of exhaustion even as analysts see the second-largest cryptocurrency as […]
Tim Wu, the ‘father of net neutrality’ reportedly owns over $1M in Bitcoin
Tim Wu, a one-time Bitcoin critic and current technology policy adviser at the White House, reportedly owns between 29 and 146 BTC. Cryptocurrencies might be anathema for certain members of United States President Joseph Biden’s administration, but that has not stopped one staffer from owning a small fortune in Bitcoin (BTC). According to a report […]