Food and Drug Administration (FDA) Deputy Commissioner for Food Policy and Response Frank Yiannas said the in-progress rule changes at the agency are likely to bring blockchain-based food tracking into existence, The Wall Street Journal (WSJ) reported Tuesday (Feb. 1). The FDA expects to complete...
In payments, in the war between cryptocurrencies and central bank digital currencies (CBDCs) that continues to take shape, it is the infrastructure — the rails, in other words — that may determine the future of digital currencies. Reports came this weekend, detailed by CNBC and...
The U.S. Securities and Exchange Commission has added the country’s 17th stock exchange, one that will contain blockchain technology. BOX Exchange (BSTX), a joint venture of BOX Digital Markets and tZERO Group will be called BSTX, the Boston-based company announced last week. “The SEC has...
El Salvador is still asking the International Monetary Fund (IMF) for a $1.3 billion loan, and the IMF is still asking El Salvador to drop bitcoin as legal tender. That’s one fairly obvious takeaway from the Tuesday (Jan. 25) statement the IMF released on its...
Blockdaemon, the blockchain infrastructure firm, said it had gotten a post-money valuation of $3.25 billion, a report says. This comes after it reported a $207 million Series C round led by Sapphire and Tiger Global. Blockdaemon’s services include support on the back end for several...
Amid a major crypto market selloff, blockchain network Solana has reported network issues, including “excessive duplicate transactions,” according to a Bloomberg report Sunday (Jan. 23). The Bloomberg report notes there’s been a broad pullback in tokens, ranging from bitcoin and ether to polkadot. Solana itself...
Tesla and SpaceX CEO Elon Musk does not have a problem with Twitter adding the ability of users to use a nonfungible token (NFT) as their profile picture — putting it in an octagonal window rather than a circle. The point of the change is...
Saying more than half of El Salvador’s businesses are funded by loan sharks, the government of El Salvador plans to offer $10 million in bitcoin-backed loans. President Nayin Bukele’s strategy of making bitcoin a legal tender in the country and buying tens of millions of...
Bitcoin has transformed from a cryptocurrency into a store of value on par with gold as an inflation hedge. So said Wall Street and institutional investors diving into BTC and the broader crypto market in 2021 — Gold 2.0. It’s a narrative many in the...
