#BolttCoin
Get Actual Results
Boltt does not just track your data , but converts it into actionable feedback using Artificial Intelligence.Now access detailed insights on your health and fitness, and learn how to improve.
Get Actual Results
Boltt does not just track your data , but converts it into actionable feedback using Artificial Intelligence.Now access detailed insights on your health and fitness, and learn how to improve.
#Mixin_Network
$TEN by @tokenomy has been added to @MixinMessenger Powered by @Mixin_Network
#Mixin_Network #MixinMessenger #cryptocurrency #wallet #Encryptedmessaging #Signalprotocol #PoS #BFT #DAG
$TEN by @tokenomy has been added to @MixinMessenger Powered by @Mixin_Network
#Mixin_Network #MixinMessenger #cryptocurrency #wallet #Encryptedmessaging #Signalprotocol #PoS #BFT #DAG
#NEWS
Unconfirmed: US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November
The Intercontinental Exchange’s (ICE) Bakkt cryptocurrency platform could get approval to launch its physically-delivered Bitcoin (BTC) futures product from U.S. regulators next week, an unconfirmed anonymous source told tech outlet The Block Thursday, Oct. 25.
Bakkt, which seeks to create a “regulated ecosystem” for institutional investors looking to gain exposure to cryptocurrency, had previously confirmed it planned to launch its futures product Dec. 12.
Should regulators give the project the green light, ICE’s Bakkt will begin launching its Bitcoin (USD) Daily Futures Contract for clients as soon as the first week of next month, according to an unnamed source “with direct knowledge of the situation,” The Block says.
The unnamed source also told the publication that Chicago trading shop DV Trading will trade Bakkt’s product.
Concerns that non-custodial options will ultimately detract from the industry’s credibility have surfaced from cryptocurrency figures in particular, with crypto enthusiast Andreas Antonopouloswarning over the impact of regulators approving Bitcoin exchange-traded funds (ETF) in the future.
Non-physical Bitcoin futures first launched from CBOE and CME Group in December 2017. Poor returns have combined with volatility in markets close to settlement dates, sparking debate among analysts.
Full article:
https://cointelegraph.com/news/unconfirmed-us-regulators-could-approve-bakkt-btc-futures-launch-in-first-week-of-november
Unconfirmed: US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November
The Intercontinental Exchange’s (ICE) Bakkt cryptocurrency platform could get approval to launch its physically-delivered Bitcoin (BTC) futures product from U.S. regulators next week, an unconfirmed anonymous source told tech outlet The Block Thursday, Oct. 25.
Bakkt, which seeks to create a “regulated ecosystem” for institutional investors looking to gain exposure to cryptocurrency, had previously confirmed it planned to launch its futures product Dec. 12.
Should regulators give the project the green light, ICE’s Bakkt will begin launching its Bitcoin (USD) Daily Futures Contract for clients as soon as the first week of next month, according to an unnamed source “with direct knowledge of the situation,” The Block says.
The unnamed source also told the publication that Chicago trading shop DV Trading will trade Bakkt’s product.
Concerns that non-custodial options will ultimately detract from the industry’s credibility have surfaced from cryptocurrency figures in particular, with crypto enthusiast Andreas Antonopouloswarning over the impact of regulators approving Bitcoin exchange-traded funds (ETF) in the future.
Non-physical Bitcoin futures first launched from CBOE and CME Group in December 2017. Poor returns have combined with volatility in markets close to settlement dates, sparking debate among analysts.
Full article:
https://cointelegraph.com/news/unconfirmed-us-regulators-could-approve-bakkt-btc-futures-launch-in-first-week-of-november
#MenaPay
Did you know that the biggest hurdle of #cryptocurrencies is the fluctuation risk when it comes to #shopping in daily life? Not anymore! Our stable cryptocurrency #MenaCash is always equal to 1 US dollar in order to provide risk free #transactions for #merchants and customers.
https://twitter.com/i/status/1055380680396292096
Did you know that the biggest hurdle of #cryptocurrencies is the fluctuation risk when it comes to #shopping in daily life? Not anymore! Our stable cryptocurrency #MenaCash is always equal to 1 US dollar in order to provide risk free #transactions for #merchants and customers.
https://twitter.com/i/status/1055380680396292096
Twitter
MenaPay
Did you know that the biggest hurdle of #cryptocurrencies is the fluctuation risk when it comes to #shopping in daily life? Not anymore! Our stable cryptocurrency #MenaCash is always equal to 1 US dollar in order to provide risk free #transactions for #merchants…
#NEWS
Sony Unveils ‘Multiple Application’ Contactless Cryptocurrency Hardware Wallet
The research arm of Japanese technology giant Sony announced it had created a contactless cryptocurrency hardware wallet in a press release Tuesday, Oct. 23.The as yet unnamed device utilizes IC smart card technology popular in Japan to communicate with the Bitcoin (BTC) or other cryptocurrency network.
The advantages, according to developers from Sony Computer Science Labs (SCSL), lie in dispensing with the need to attach the wallet to a host device via USB, as is the current standard for the industry.
“In addition, it is possible to securely generate and store a private key with a highly reliable tamper-proof module within the IC card,” the release explains.
Full article:
https://cointelegraph.com/news/sony-unveils-multiple-application-contactless-cryptocurrency-hardware-wallet
Sony Unveils ‘Multiple Application’ Contactless Cryptocurrency Hardware Wallet
The research arm of Japanese technology giant Sony announced it had created a contactless cryptocurrency hardware wallet in a press release Tuesday, Oct. 23.The as yet unnamed device utilizes IC smart card technology popular in Japan to communicate with the Bitcoin (BTC) or other cryptocurrency network.
The advantages, according to developers from Sony Computer Science Labs (SCSL), lie in dispensing with the need to attach the wallet to a host device via USB, as is the current standard for the industry.
“In addition, it is possible to securely generate and store a private key with a highly reliable tamper-proof module within the IC card,” the release explains.
Full article:
https://cointelegraph.com/news/sony-unveils-multiple-application-contactless-cryptocurrency-hardware-wallet
#Karatcoin
Karatcoin is the new cryptocurrency developed on top of #EOS technology.
Join the revolution in crypto gold
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Visit our website: https://karatcoin.co
White Paper: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
#bitcoin #cryptocurrency #Ethereum #GOLD #ICO #EOS
Karatcoin is the new cryptocurrency developed on top of #EOS technology.
Join the revolution in crypto gold
-> https://karatcoin.dreammy.io/register
Visit our website: https://karatcoin.co
White Paper: https://s3-eu-west-1.amazonaws.com/karatcoin.co/files/docs/KC_WP.pdf
#bitcoin #cryptocurrency #Ethereum #GOLD #ICO #EOS
#RipaEx
ARK Core: Technical Blog Post Update by BoldNinja
https://blog.ark.io/ark-core-technical-blog-post-update-f4ea4c31904e
ARK Core: Technical Blog Post Update by BoldNinja
https://blog.ark.io/ark-core-technical-blog-post-update-f4ea4c31904e
#NEWS
AMD: ‘Blockchain-Related GPU Sales in Third Quarter Were Negligible’
In its quarterly financial results report published Oct. 24, semiconductor manufacturer AMD reveals that “blockchain-related graphics processing unit (GPU) sales in the third quarter were negligible.”
American semiconductor company AMD stated in its third quarter 2018 financial report that revenue rose to $1.65 billion, up 4 percent year-over-year, although the figure is below estimates of $1.7 billion. The decrease is attributed to overall lower graphic revenue in the company’s Computing and Graphic business segment since last quarter.
Nevertheless, AMD’s Computing and Graphic segment revenue saw a 12 percent increase year-over-year up to $938 million primarily due to strong sales of Ryzen desktop and mobile products. Blockchain-related GPU sales were not significant in the third quarter. The average selling price of GPUs also decreased due to lower GPU channel sales.
Full article:
https://cointelegraph.com/news/amd-blockchain-related-gpu-sales-in-third-quarter-were-negligible
AMD: ‘Blockchain-Related GPU Sales in Third Quarter Were Negligible’
In its quarterly financial results report published Oct. 24, semiconductor manufacturer AMD reveals that “blockchain-related graphics processing unit (GPU) sales in the third quarter were negligible.”
American semiconductor company AMD stated in its third quarter 2018 financial report that revenue rose to $1.65 billion, up 4 percent year-over-year, although the figure is below estimates of $1.7 billion. The decrease is attributed to overall lower graphic revenue in the company’s Computing and Graphic business segment since last quarter.
Nevertheless, AMD’s Computing and Graphic segment revenue saw a 12 percent increase year-over-year up to $938 million primarily due to strong sales of Ryzen desktop and mobile products. Blockchain-related GPU sales were not significant in the third quarter. The average selling price of GPUs also decreased due to lower GPU channel sales.
Full article:
https://cointelegraph.com/news/amd-blockchain-related-gpu-sales-in-third-quarter-were-negligible
#ProjectDELTA
Our first round of Token Sales is coming to an end! Early birds who buy our tokens during this time will receive up to 18% bonus! There are only 7 days left, so hurry!
Get DELTA Tokens:
http://bit.ly/2ODqGVk
Our first round of Token Sales is coming to an end! Early birds who buy our tokens during this time will receive up to 18% bonus! There are only 7 days left, so hurry!
Get DELTA Tokens:
http://bit.ly/2ODqGVk
#Bitfxt
Download bitfxt wallet and exchange now. Available on google play.
https://play.google.com/store/apps/details?id=com.application.bitfxt
https://play.google.com/store/apps/details?id=com.tregix.bitfxtcointracker
#bitfxt #bitcoin #trading #mining #exchange #wallet #academy #bitcoinwallet #ethereum #motivation #knowledge #startupbusiness #justdoit
Download bitfxt wallet and exchange now. Available on google play.
https://play.google.com/store/apps/details?id=com.application.bitfxt
https://play.google.com/store/apps/details?id=com.tregix.bitfxtcointracker
#bitfxt #bitcoin #trading #mining #exchange #wallet #academy #bitcoinwallet #ethereum #motivation #knowledge #startupbusiness #justdoit
#NEWS
Oracle Releases Suite of Blockchain-Based Software for Supply Chain Management
Software development company Oracle Corp. has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, according to an announcement published Oct. 23. The new product is purportedly designed to improve traceability and transparency throughout supply chains.
Oracle is an American corporation founded in 1977, and currently is one of the largest vendors in the business software market. With total revenues of $39.8 billion in 2018, Oracle is the second largest software development company according to the Global 2000 2018 Forbes list.
The new product called Oracle Blockchain Applications Cloud includes four apps: Intelligent Track and Trace, Lot Lineage and Provenance, Intelligent Cold Chain, and Warranty and Usage Tracking.
Full article:
https://cointelegraph.com/news/oracle-releases-suite-of-blockchain-based-software-for-supply-chain-managemen
Oracle Releases Suite of Blockchain-Based Software for Supply Chain Management
Software development company Oracle Corp. has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, according to an announcement published Oct. 23. The new product is purportedly designed to improve traceability and transparency throughout supply chains.
Oracle is an American corporation founded in 1977, and currently is one of the largest vendors in the business software market. With total revenues of $39.8 billion in 2018, Oracle is the second largest software development company according to the Global 2000 2018 Forbes list.
The new product called Oracle Blockchain Applications Cloud includes four apps: Intelligent Track and Trace, Lot Lineage and Provenance, Intelligent Cold Chain, and Warranty and Usage Tracking.
Full article:
https://cointelegraph.com/news/oracle-releases-suite-of-blockchain-based-software-for-supply-chain-managemen
#NEWS
Oracle Releases Suite of Blockchain-Based Software for Supply Chain Management
Software development company Oracle Corp. has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, according to an announcement published Oct. 23. The new product is purportedly designed to improve traceability and transparency throughout supply chains.
Oracle is an American corporation founded in 1977, and currently is one of the largest vendors in the business software market. With total revenues of $39.8 billion in 2018, Oracle is the second largest software development company according to the Global 2000 2018 Forbes list.
The new product called Oracle Blockchain Applications Cloud includes four apps: Intelligent Track and Trace, Lot Lineage and Provenance, Intelligent Cold Chain, and Warranty and Usage Tracking.
Full article:
https://cointelegraph.com/news/oracle-releases-suite-of-blockchain-based-software-for-supply-chain-managemen
Oracle Releases Suite of Blockchain-Based Software for Supply Chain Management
Software development company Oracle Corp. has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, according to an announcement published Oct. 23. The new product is purportedly designed to improve traceability and transparency throughout supply chains.
Oracle is an American corporation founded in 1977, and currently is one of the largest vendors in the business software market. With total revenues of $39.8 billion in 2018, Oracle is the second largest software development company according to the Global 2000 2018 Forbes list.
The new product called Oracle Blockchain Applications Cloud includes four apps: Intelligent Track and Trace, Lot Lineage and Provenance, Intelligent Cold Chain, and Warranty and Usage Tracking.
Full article:
https://cointelegraph.com/news/oracle-releases-suite-of-blockchain-based-software-for-supply-chain-managemen
#NEWS
Air Canada to Integrate Blockchain-Based Travel Distribution Platform
Canada’s largest airline Air Canada has announced its participation on a blockchain-based travel distribution platform developed by Swiss blockchain startup Winding Tree, according to a press release published Oct. 24.
Air Canada was established in 1937 and provides scheduled and charter passengers and cargo air transportation. In 2017, Air Canada carried 48.1 million passengers, with an increase by 7.3 percent compared with 2016, per the company’s 2017 annual report.
Air Canada has signed a letter of intent to participate in a decentralized open-source travel distribution platform developed by blockchain travel ecosystem Winding Tree. Through the integration of a new blockchain platform, the companies look to improve the distribution and sale of air travel products and provide access to inventory directly from suppliers. Commenting on the project, Keith Wallis, Director of Global Product Distribution for Air Canada, said:
“Air Canada recognizes the importance of leveraging this next generation technology. We plan to integrate Air Canada's Direct Connect API with Winding Tree's public blockchain platform, giving blockchain-savvy users the ability to access our content directly from the source."
Full article:
https://cointelegraph.com/news/air-canada-to-integrate-blockchain-based-travel-distribution-platform
Air Canada to Integrate Blockchain-Based Travel Distribution Platform
Canada’s largest airline Air Canada has announced its participation on a blockchain-based travel distribution platform developed by Swiss blockchain startup Winding Tree, according to a press release published Oct. 24.
Air Canada was established in 1937 and provides scheduled and charter passengers and cargo air transportation. In 2017, Air Canada carried 48.1 million passengers, with an increase by 7.3 percent compared with 2016, per the company’s 2017 annual report.
Air Canada has signed a letter of intent to participate in a decentralized open-source travel distribution platform developed by blockchain travel ecosystem Winding Tree. Through the integration of a new blockchain platform, the companies look to improve the distribution and sale of air travel products and provide access to inventory directly from suppliers. Commenting on the project, Keith Wallis, Director of Global Product Distribution for Air Canada, said:
“Air Canada recognizes the importance of leveraging this next generation technology. We plan to integrate Air Canada's Direct Connect API with Winding Tree's public blockchain platform, giving blockchain-savvy users the ability to access our content directly from the source."
Full article:
https://cointelegraph.com/news/air-canada-to-integrate-blockchain-based-travel-distribution-platform
#NEWS
North Korea Allegedly Backed Two Cryptocurrency Scams This Year
According to a new report from U.S.-based security firm Recorded Future published on Oct. 25, the North Korean government has sponsored at least two scam coins.
In the report entitled “Shifting Patterns in Internet Use Reveal Adaptable and Innovative North Korean Ruling Elite,” Recorded Future’s research team Insikt Group mentions two alleged altcoinscams tied to North Korea.
The first scam coin allegedly backed by North Korea is called Interstellar coin, and was found by Insikt Group in June 2018. The coin has reportedly been rebranded a number of times, going by various names such as HOLD, HUZU, or Stellar. The latter should not be confused with the XLMtoken.
Full article:
https://cointelegraph.com/news/north-korea-allegedly-backed-two-cryptocurrency-scams-this-year
North Korea Allegedly Backed Two Cryptocurrency Scams This Year
According to a new report from U.S.-based security firm Recorded Future published on Oct. 25, the North Korean government has sponsored at least two scam coins.
In the report entitled “Shifting Patterns in Internet Use Reveal Adaptable and Innovative North Korean Ruling Elite,” Recorded Future’s research team Insikt Group mentions two alleged altcoinscams tied to North Korea.
The first scam coin allegedly backed by North Korea is called Interstellar coin, and was found by Insikt Group in June 2018. The coin has reportedly been rebranded a number of times, going by various names such as HOLD, HUZU, or Stellar. The latter should not be confused with the XLMtoken.
Full article:
https://cointelegraph.com/news/north-korea-allegedly-backed-two-cryptocurrency-scams-this-year
#NEWS
Reserve Bank of Australia Official ‘Not Convinced’ of Need for Digital Dollar
The Reserve Bank of Australia (RBA) assistant governor Michelle Bullock said that the bank has not been convinced of the need to create a digital Australian dollar, local business and finance news outlet The Australian Financial Review reported Oct. 24.
Speaking at the Sibos 2018 banking and financial conference in Sydney, Bullock reportedly said that she is “interested to consider what frictions these technologies are designed to address [but] in many cases I just don't see what the point is."
Among “touted” benefits digital currency could provide to central banks, Bullock cited the possibility to technically leapfrog the monetary policy problem of the “lower bound,” by allowing a central bank to support negative interest rates. Although, it is still "an untested and quite a different idea", she added.
Bullock said that before the bank could reasonably adopt a new asset like a digital currency, there would need to be a proven use case fore it. She added that proponents for a digital dollar should first demonstrate why current payment systems “can’t deliver” the same benefits of a distributed ledger. She stated:
“I’m not convinced that it has a use.”
Full article:
https://cointelegraph.com/news/reserve-bank-of-australia-official-not-convinced-of-need-for-digital-dollar
Reserve Bank of Australia Official ‘Not Convinced’ of Need for Digital Dollar
The Reserve Bank of Australia (RBA) assistant governor Michelle Bullock said that the bank has not been convinced of the need to create a digital Australian dollar, local business and finance news outlet The Australian Financial Review reported Oct. 24.
Speaking at the Sibos 2018 banking and financial conference in Sydney, Bullock reportedly said that she is “interested to consider what frictions these technologies are designed to address [but] in many cases I just don't see what the point is."
Among “touted” benefits digital currency could provide to central banks, Bullock cited the possibility to technically leapfrog the monetary policy problem of the “lower bound,” by allowing a central bank to support negative interest rates. Although, it is still "an untested and quite a different idea", she added.
Bullock said that before the bank could reasonably adopt a new asset like a digital currency, there would need to be a proven use case fore it. She added that proponents for a digital dollar should first demonstrate why current payment systems “can’t deliver” the same benefits of a distributed ledger. She stated:
“I’m not convinced that it has a use.”
Full article:
https://cointelegraph.com/news/reserve-bank-of-australia-official-not-convinced-of-need-for-digital-dollar
#NEWS
IBM Study: Most Global Financial Firms Think Central Banks Should Issue Digital Currencies
The majority of global financial institutions surveyed believe that central banks should develop central bank-issued digital currencies (CBDCs), according to a joint study by IBM Blockchain World Wire and the Official Monetary and Financial Institutions Forum (OMFIF) released Oct. 25.
The study includes 21 central banks that participated in the OMFIF's research between July and September 2017. The reports notes that participants failed to find a compromise on whether governments should issue their own cryptocurrencies, as well as were divided over the associated processes of managing and accessing those CBDCs, tech news media The Next Web notes.
76 percent of respondents have reportedly expressed uncertainty about the efficiency of distributed ledger technology (DLT) deployments, while most financial institutions surveyed said that they believed that central banks should issue their own digital currencies.
Full article:
https://cointelegraph.com/news/ibm-study-most-global-financial-firms-think-central-banks-should-issue-digital-currencies
IBM Study: Most Global Financial Firms Think Central Banks Should Issue Digital Currencies
The majority of global financial institutions surveyed believe that central banks should develop central bank-issued digital currencies (CBDCs), according to a joint study by IBM Blockchain World Wire and the Official Monetary and Financial Institutions Forum (OMFIF) released Oct. 25.
The study includes 21 central banks that participated in the OMFIF's research between July and September 2017. The reports notes that participants failed to find a compromise on whether governments should issue their own cryptocurrencies, as well as were divided over the associated processes of managing and accessing those CBDCs, tech news media The Next Web notes.
76 percent of respondents have reportedly expressed uncertainty about the efficiency of distributed ledger technology (DLT) deployments, while most financial institutions surveyed said that they believed that central banks should issue their own digital currencies.
Full article:
https://cointelegraph.com/news/ibm-study-most-global-financial-firms-think-central-banks-should-issue-digital-currencies
#NEWS
СNBC Crypto Trader Host Ran Neuner Claims Coinbase Will Soon Announce Its First IPO
Ran Neuner, host of of the Crypto Trader show on CNBC Africa, claims that major crypto exchangeand wallet Coinbase is about to announce its first Initial Public Offering (IPO), according to a tweetThursday, Oct. 25.
Neuner states that the details on Coinbase’s IPO are to be revealed Friday, Oct. 26, live on the CNBC Crypto Trader show.
The host also provided statistics on Coinbase’s revenue and account numbers in his post. The infographics show that the number of users on Coinbase has now reached 25 million, with 600,000 actively trading on the platform.
Full article:
https://cointelegraph.com/news/snbc-crypto-trader-host-ran-neuner-claims-coinbase-will-soon-announce-its-first-ipo
СNBC Crypto Trader Host Ran Neuner Claims Coinbase Will Soon Announce Its First IPO
Ran Neuner, host of of the Crypto Trader show on CNBC Africa, claims that major crypto exchangeand wallet Coinbase is about to announce its first Initial Public Offering (IPO), according to a tweetThursday, Oct. 25.
Neuner states that the details on Coinbase’s IPO are to be revealed Friday, Oct. 26, live on the CNBC Crypto Trader show.
The host also provided statistics on Coinbase’s revenue and account numbers in his post. The infographics show that the number of users on Coinbase has now reached 25 million, with 600,000 actively trading on the platform.
Full article:
https://cointelegraph.com/news/snbc-crypto-trader-host-ran-neuner-claims-coinbase-will-soon-announce-its-first-ipo
#NEWS
Major Agriculture Companies Partner to Use Blockchain in Grain Trading
The world’s four largest agriculture companies, commonly known as ABCD, have partnered to digitize international grain trading by using blockchain and artificial intelligence (AI) technologies, Reuters reports Thursday, Oct. 25.
ABCD, composed of Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., and Louis Dreyfus Co., states that blockchain implementation could make trading more efficient and transparent, as well as reduce costs. The conglomerate aims to digitize the system that has previously relied on paper contracts, invoices, and manual payments.
According to grain industry news outlet World-Grain.com, blockchain and AI will be initially used to automate grain and oilseed post-trade execution processes, which are a highly manual and costly part of the supply chain.
Full article:
https://cointelegraph.com/news/major-agriculture-companies-partner-to-use-blockchain-in-grain-trading
Major Agriculture Companies Partner to Use Blockchain in Grain Trading
The world’s four largest agriculture companies, commonly known as ABCD, have partnered to digitize international grain trading by using blockchain and artificial intelligence (AI) technologies, Reuters reports Thursday, Oct. 25.
ABCD, composed of Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., and Louis Dreyfus Co., states that blockchain implementation could make trading more efficient and transparent, as well as reduce costs. The conglomerate aims to digitize the system that has previously relied on paper contracts, invoices, and manual payments.
According to grain industry news outlet World-Grain.com, blockchain and AI will be initially used to automate grain and oilseed post-trade execution processes, which are a highly manual and costly part of the supply chain.
Full article:
https://cointelegraph.com/news/major-agriculture-companies-partner-to-use-blockchain-in-grain-trading
#NEWS
Binance Reveals Results of Crypto Donations for Flood Relief in Japan
The world’s largest cryptocurrency exchange Binance has released a report on crypto donations to provide relief for West Japan following devastating floods in mid-July, according to a blog post published Oct. 24.
From late June to mid-July, record downpours in southwestern Japan caused floods and landslides, wherein over 8 million people were advised to evacuate across 23 prefectures, and 225 people were confirmed dead across 15 prefectures. The floods damaged around 17,000 houses.
Binance subsequently called for donations in digital currency from individuals and industry players to help residents affected by the heavy downpours. Per the post, the exchange managed to raise $1.41 million in various types of ERC20 tokens.
Later, Binance reached out to local non-governmental organizations (NGOs), companies and governmental agencies to “support the frontline donation operation.” As of Oct. 15, the exchange completed donation distributions among local intermediaries to the value of 63.03 bitcoins (BTC) and 169.85 Ethereum (ETH), which at the time of their distribution were worth 56,700,000 yen ($505,545).
Full article:
https://cointelegraph.com/news/binance-reveals-results-of-crypto-donations-for-flood-relief-in-japan
Binance Reveals Results of Crypto Donations for Flood Relief in Japan
The world’s largest cryptocurrency exchange Binance has released a report on crypto donations to provide relief for West Japan following devastating floods in mid-July, according to a blog post published Oct. 24.
From late June to mid-July, record downpours in southwestern Japan caused floods and landslides, wherein over 8 million people were advised to evacuate across 23 prefectures, and 225 people were confirmed dead across 15 prefectures. The floods damaged around 17,000 houses.
Binance subsequently called for donations in digital currency from individuals and industry players to help residents affected by the heavy downpours. Per the post, the exchange managed to raise $1.41 million in various types of ERC20 tokens.
Later, Binance reached out to local non-governmental organizations (NGOs), companies and governmental agencies to “support the frontline donation operation.” As of Oct. 15, the exchange completed donation distributions among local intermediaries to the value of 63.03 bitcoins (BTC) and 169.85 Ethereum (ETH), which at the time of their distribution were worth 56,700,000 yen ($505,545).
Full article:
https://cointelegraph.com/news/binance-reveals-results-of-crypto-donations-for-flood-relief-in-japan