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Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare

Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.

Belgian Blockchain-Platform-as-a-Service Company Sets Foot in the Indian Market

Belgian Blockchain-Platform-as-a-Service Company Sets Foot in the Indian Market

The Indian blockchain sector is ripe for investment based on the rapid growth witnessed to the tune of at least $20 billion as this technology is being deployed in different industries. As a result, SettleMint, a Belgian blockchain-platform-as-a-service company, has revealed its penetration into the Indian market.

Blockchain and Beer: World’s Largest Brewer is Assisting Unbanked African Farmers Using Blockchain

Blockchain and Beer: World’s Largest Brewer is Assisting Unbanked African Farmers Using Blockchain

Anheuser-Busch InBev (AB InBev), the largest beer company in the world, has created a blockchain-based system in collaboration with BanQu, a blockchain-as-a-service software company, to assist small-scale African farmers to show that they are suppliers of the drinks behemoth.

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.

Reserve Bank of Australia Will Explore Wholesale CBDC with ConsenSys Ethereum POC

Reserve Bank of Australia Will Explore Wholesale CBDC with ConsenSys Ethereum POC

The Reserve Bank of Australia has partnered with leading Australian banks and ConsenSys Software to explore wholesale CBDCs and distributed ledger technology (DLT).

Microsoft Azure Integrates Lition Commercial Blockchain into Cloud Marketplace

Microsoft Azure Integrates Lition Commercial Blockchain into Cloud Marketplace

Lition, an enterprise blockchain has been integrated into the Microsoft Azure cloud marketplace to provide blockchain as a service (BaaS) solutions.

Walmart Files Patent Application for Blockchain-Based Drone Communications

Walmart Files Patent Application for Blockchain-Based Drone Communications

The American commerce giant Walmart filed for a patent application for a drone communication system entitled “Cloning Drones Using Blockchain” in January 2019. The United States Patent and Trademark Office published the patent on August 1.

IBM and R3 to Scale Up Hybrid Cloud with Blockchain Capabilities

IBM and R3 to Scale Up Hybrid Cloud with Blockchain Capabilities

Tech giant IBM has teamed up with R3, an enterprise software company, to boost the hybrid cloud with blockchain capabilities.

Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining

Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining

Grayscale parent company DCG has announced its entry into Bitcoin mining.

Facebook Sues Bangkok 'LeadCloak' Software Developer Over Alleged Crypto Scams and Bogus COVID-19 Data

Facebook Sues Bangkok 'LeadCloak' Software Developer Over Alleged Crypto Scams and Bogus COVID-19 Data

Facebook has sued a Bangkok software engineer whose firm offered software designed to bypass ad review systems and push deceptive ads to run on the media platform.

Sequoia Software Firm to Pay Employees in Bitcoin

Sequoia Software Firm to Pay Employees in Bitcoin

United States-based Sequoia Software Firm is the latest to offer its employees the option to receive part of their salaries in Bitcoin.

Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange

Singaporean Company Launches World’s First Blockchain-Enabled Carbon Trading Exchange

AirCarbon Pte, a Singaporean exempt private company, has established the first-ever blockchain-powered carbon trading exchange (CTX) that will permit corporate buyers and airlines to sell and purchase tokens subsidized by carbon offset credits.

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