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Proof-of-Reserves Becomes a Burning Issue amid FTX Crisis

Proof-of-Reserves Becomes a Burning Issue amid FTX Crisis

With the liquidity issue being a primary contributor to the FTX crisis, the proof-of-reserves concept has engulfed the crypto sector with more exchanges gearing towards showing more transparency.

Binance Co-Founder Yi He Champions Transparency and Security Amidst Crypto Evolution

Binance Co-Founder Yi He Champions Transparency and Security Amidst Crypto Evolution

Binance Co-Founder Yi He addresses the crypto community with vital announcements on enhancing listing transparency and security measures, showcasing Binance's proactive approach in combating scams and ensuring a trustworthy trading environment.

Binance Adds 11 Tokens to PoR Report

Binance Adds 11 Tokens to PoR Report

Binance cryptocurrency exchange has included 11 more tokens in its proof-of-reserves report, taking the total number of assets in its system to 24, valued at over $63 billion.

Upbit Announces Dunamu & Partners' Digital Asset Holdings for October 2023

Upbit Announces Dunamu & Partners' Digital Asset Holdings for October 2023

Upbit discloses Dunamu & Partners' #Bitcoin holdings as of October 2023, holding 2,081.84950412 BTC with no sales transactions recorded, aligning with Upbit's transparency principle in digital asset trading.

Secret Network Validator Smart Stake to Shut Down Nodes

Secret Network Validator Smart Stake to Shut Down Nodes

Smart Stake will no longer provide validator services to the Secret Network in light of an internal leadership conflict and transparency concerns.

Blockchain Technology can Radically Revamp Government Structures, Cardano Founder Says

Blockchain Technology can Radically Revamp Government Structures, Cardano Founder Says

Blockchain technology has the capability of revolutionizing government structures from the whelms of archaic processes to modern ones, according to Cardano founder Charles Hoskinson.

How Small Businesses can use Blockchain?

How Small Businesses can use Blockchain?

Here are some of the best ways small businesses can use blockchain without burning a hole in their pocket.

Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform

Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform

Fujitsu has revealed its collaboration with Rice Exchange (Ricex), a Switzerland-based startup, for the first-ever blockchain-powered rice trading platform. This move seeks to offer unparalleled traceability, efficiency, transparency, and security to the worldwide rice market worth a whopping $450 billion.

US FDA Calls Meeting on Blockchain, AI and the New Era of Smarter Food Safety

US FDA Calls Meeting on Blockchain, AI and the New Era of Smarter Food Safety

The FDA will hold a meeting on October 21st, with the aim of gathering input and feedback to help shape an FDA blueprint for the initiative. The FDA will propose leveraging modern technologies such as blockchain, artificial intelligence, and IoT to improve the transparency and decrease the risks of contamination in the food supply chain.

How Blockchain Can Mitigate Electoral Malpractices

How Blockchain Can Mitigate Electoral Malpractices

For elections to be credible, they ought to be free and fair. Nevertheless, the voting process may be marred with malpractices, and this hinders transparency. Blockchain is being touted to avert electoral malpractices and voter fraud based on the distributed ledger technology (DLT) presented.

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore and iTrust have collaborated in the first-ever successful blockchain trade financing transaction.

IBM’s Blockchain Technology Hand Picked By Coop Italia for Food Traceability

IBM’s Blockchain Technology Hand Picked By Coop Italia for Food Traceability

Coop Italia, the biggest retail chain in Italy, has acknowledged this attribute as it has selected IBM’s blockchain technology to enable its private label brand called Coop Vivi Verde to trace the origin of eggs in its supply chain.

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