Nike shoes launched a tokenize shoe

Nike shoes launched a tokenize shoe

Nike, footwear giant licensed shoes that are tokenized as a non- fungible token(NFT) on the Ethereum blockchain, nicknamed CryptoKicks. The license dated December 10 narrates a digital asset to footwear and directions to use it. One execution of the technology narrated in the document is an Ethereum ERC721 or ERC1155 token used to verify and transact a physical shoe. Shoes […]

Wu Jihan reconnects with Bitmain

Wu Jihan reconnects with Bitmain

Wu Jihan, Bitmain tech billionaire and co- founder reappears at the helm of Beijing-based mining large Bitmain at a current meeting with customers. Bloomberg reported on December 10 that Wu Jihan created a public look at a non-public event in Chengdu,capital of southwestern China’s Sichuan province, last Saturday, where he declared that Micree Zhan Ketuan, Bitmain co-founder had stepped down […]

China Construction Bank (CCB) has formally launched its blockchain-based refactoring platform.

China Construction Bank (CCB) has formally launched its blockchain-based refactoring platform.

China Construction Bank (CCB), the global’s 2nd biggest bank, by operating assets, has formally launched its blockchain-based refactoring platform. Aiming at commercial factoring business, CCB seeks to support operations and lessen major risks in its refactoring business while providing shared knowledge access by multiple participants, Chinese news outlet Sina Tech reports December 6 Factoring companies act for third parties that […]

Forkast Insights on Blockchain

Forkast Insights on Blockchain

Forkast Insights on December 5 presented its first report on how blockchain is being carried out by companies across the country and the Chinese government. The investigation arm of Asia-based Forkast, Forkast Insights took a thorough and in-depth look at how blockchain technology is integrated in China. Blockchain technology is rapidly growing and has a slew of “real-world, practical use […]

Brazil’s New Tax for Bitcoin

Brazil’s New Tax for Bitcoin

The Department of Federal Revenue(RFB), Brazil’s tax agency printed a new tax code that states fines for taxpayers who fail to declare their Bitcoin (BTC) and cryptocurrency transactions. According to a Brazilian report on December 6, the new cryptocurrency tax code is an additional follow-up to provisions created by the RFB in August that need Brazilian citizens to report all […]

The plaintiffs in a class-action legal proceeding, accusing the Tether(USDT) affiliated cryptocurrency exchange Bitfinex of Bitcoin(BTC) value manipulation have declined to amend their criticism.

The plaintiffs in a class-action legal proceeding, accusing the Tether(USDT) affiliated cryptocurrency exchange Bitfinex of Bitcoin(BTC) value manipulation have declined to amend their criticism.

The plaintiffs declined to make amendments to their criticism as a study conducted by John Griffin and Amin Shams “still concludes that Tether was being used to manipulate Bitcoin prices”,according to a court filing dated December 2. Moreover, they state the findings to a one entity. Shams and Griffin of the University of Texas published a paper last year, alleging […]

According to a press release on December 2nd, major cryptocurrency exchange Binance acquired decentralized app (DApp) information startup DappReview.

According to a press release on December 2nd, major cryptocurrency exchange Binance acquired decentralized app (DApp) information startup DappReview.

DappReview’s platform provides its guests with knowledge analytics, user insights and information for over 3,900 DApps on 13 public blockchains, per the press release. Vincent Niu, DappReview founder explained that the company also provides support for DApp developers in fundraising, marketing and product development. When asked by a blog whether or not he believes the acquisition by a cryptocurrency company […]

Gold Bugs discovered by experts from financial times

Gold Bugs discovered by experts from financial times

Rana Foroohat, Financial Times business columnist and associate editor printed an opinion piece on November 25, pointing to the revived ,half-justified “paranoia” of the “gold bugs”, that has soley been combined by comments from central bankers and investors in recent weeks. Foroohor writes: “You have to really believe the sky is falling in order to hoard physical bars in a […]

Russia is set to place a ban on the employment of cryptocurrencies to procure  product and services.

Russia is set to place a ban on the employment of cryptocurrencies to procure product and services.

On 29th November,Izvestia reported the ministry of finance and also financial regulator is in support of the ban, though legal measures are not yet officially confirmed. Vladislav Antonov told Izvestia that currently,cryptocurrencies can be used for many e-commerce, freelancers including the programmers,designers and also copywriters agreed to receive their salaries in bitcoin(BTC) or Ether (ETH). Being an analyst at Ampari […]