Blockchain technology

Siemens Uses Blockchain Setup by JPMorgan for payments

Siemens has announced that it is using the blockchain system of JPMorgan, called Onyx to power its internal payments systems which will be expanded at a later point in time. This follows the slow and…

Polkadot launches Parachains as it Looks To Bring…

Polkadot, one of the teams working to bring in interoperability among blockchains, has announced the launch of parachains, which is a set of blockchains that are connected and would be running in parallel within the…

Circle to Expand Yield Investment Program as Demand…

Circle, the company that is behind the stablecoin USDC, has announced that it would be expanding its yield investment program to include all businesses with a minimum investment of $100,000 in digital currency. The USDC…

Block Cash App to Allow Users to Gift…

Block, which was formerly called Square and renamed itself last month, has announced that its Cash App can now be used to gift stocks or bitcoin to fellow users in a peer-to-peer manner. This comes…

Nuvei Looking to Roll Out Crypto to Fiat…

Nuvei, the Canadian startup firm that specialises in the issuance of debit and credit cards, has announced that it would be looking to roll out its crypto to fiat cards in the European region including…

Nike Acquires NFT and Fashion Startup RKFKT

Nike has pushed further into the NFT and metaverse as it announced the acquisition of a startup that is focussed on fashion and NFTs, RKFKT which is expected to help it in the journey into…

Polygon (MATIC) Token Prices May Jump as it…

Polygon, the Layer-2 scaling solution on Ethereum, has announced that it would be implementing the EIP-1559 recommendation which would help to make the gas pricing more stable and transparent. The company has said that the…

Binance Gives Up on its Battle to Get…

Binance, the embattled crypto exchange that has been struggling to get licensed in different parts of the world, has announced that it has withdrawn its application for a license from the Monetary Authority of Singapore.…