Author: Jack Martin

16 Aug, 2019

Digix and MakerDAO Tokens Now Loadable Onto Monolith Visa Debit Card

London-based banking alternative Monolith announced its partnership with decentralized finance companies Digix and MakerDAO, Aug. 15. As part of its drive for digital payment adoption in e-commerce, DGX, DGD and DAI tokens will now be loadable onto the Monolith Visa debit card. A critical bridge between the worlds of decentralized finance and retail Effective immediately, […]
16 Aug, 2019

Australia: 100% Crypto-Invested Retirement Portfolios Are Illegal

The Australian Tax Office has issued warning letters to 18,000 Self Managed Super Funds (SMSFs) for concentrating too much investment in one asset class. Under Australian law it is illegal to use more than 90% of retirement funds on a single class, such as property or cryptocurrency, as reported by local news outlet, Micky, Aug. […]
16 Aug, 2019

Salesforce Blockchain Certifies First Ever Artwork-Painted Lamborghini

A one-of-a-kind Lamborghini Aventador S with a custom street-art paint job is on show at the 2019 Monterey Car Week in California, Aug. 15-18. The vehicle will be the first Lamborghini to be certified through a pilot project using Salesforce Blockchain to protect the car as a work of art. Automotive art meets street art […]
16 Aug, 2019

Canadian University: Blockchain Can Solve EV Charging Trust Problem

Researchers at the University of Waterloo in Canada have used blockchain technology to improve trust in electric vehicle (EV) charging systems, reported academic publication portal EurekAlert on Aug. 14. This development could increase uptake and expand the overall charging infrastructure for electric vehicles. New ventures have no established trust relationships In general, an EV charging […]
15 Aug, 2019

Mark Yusko: Bitcoin Is a “Chaos Hedge, or Schmuck Insurance”

Morgan Creek Capital CEO Mark Yusko called Bitcoin (BTC) a “chaos hedge, or schmuck insurance,” in an interview with CNBC Fast Money on Aug. 14. Yusko made the comment while explaining the folly in paying too much heed to the daily price movements of BTC. Should we park the narrative of Bitcoin price’s correlation with […]
15 Aug, 2019

Ripple’s Xpring Gives $265 Million in XRP to Content Platform Coil

Ripple’s infrastructure development and XRP adoption initiative Xpring announced a 1 billion XRP (roughly $265 million) grant to web monetization platform Coil on Aug. 15. Coil will reportedly use the funds to build an ecosystem of creators, developers, companies and nonprofits that use XRP through the Web Monetization open standard. Giving creators control over distribution […]
15 Aug, 2019

Institutional Crypto Lending Platform Receives Gibraltar DLT License

Fully collateralized crypto-to-crypto lending platform Lendingblock has received a distributed ledger technology (DLT) provider license from Gibraltar Financial Services Commission (GFSC), reports Crowdfund Insider on Aug. 15. The accreditation brings the institution-focused platform one step closer to launch. The GFSC awarded an in-principle DLT provider license in late 2018. New capital lending model for digital […]
15 Aug, 2019

Commerzbank Makes Milestone Blockchain Trade With Logistics Provider

Commerzbank and Landesbank Baden-Württemberg (LBBW) have completed another milestone trade on the Marco Polo platform. As reported Aug. 15, on this occasion, logistics provider Logwin AG was integrated into the digital process chain, digitally and in real time. Same same but different As with an earlier transaction, the trade took place between German supplier, KSB, […]
15 Aug, 2019
14 Aug, 2019

Terra Stablecoin Alliance Adds South Korean Music Streaming Platform

Blockchain payment system and stablecoin issuer Terra has added South Korean music streaming platform Bugs to its e-commerce alliance.  As CoinDesk reported Aug. 14, there are now 25 partners in the Singapore-based company’s South Korea-focused payment ecosystem. The Terra Alliance uses payment solutions provider CHAI as its front-end. CHAI incorporates a mobile payments app which […]