Symbol has developed a blockchain solution that will help winemakers track raw materials and products at every stage of production and the supply chain, as well as fight fraud. The NEM project, which was renamed Symbol earlier this year, recently announced the launch of a new solution on the blockchain, which is designed to track raw materials and products in the production and supply chains of wine. Symbol was developed as an enterprise-friendly blockchain that

The Bank of Japan will create a proof of concept (PoC) for the digital yen to assess the feasibility of issuing state cryptocurrency from a technical point of view. According to a recent report, the Bank of Japan “will test the possibility of issuing state cryptocurrency from a technical point of view, and will work with other central banks and relevant institutions to explore the possibility of issuing a digital yen.” However, the final schedule

Bitcoin miners’ revenue in dollar terms fell in June by 23% due to a reduction in the size of commissions and a decrease in block rewards to 6.25 BTC. At the same time, the drop in income was partially offset by an increase in the exchange rate. According to CoinMetrics data analysis, Bitcoin miners earned $ 281 million in June compared with $ 366 million in May. According to reports, many miners immediately sell mined

The cryptocurrency startup Bolt Labs, together with Nomadic Labs and Metastate, is developing the zkChannels protocol for anonymous micropayments on the Tezos blockchain. According to the developers, zkChannels is a network-independent protocol with which you can make cheap and anonymous transactions between buyers and sellers “in the style of Lightning Network”. The solution is planned to be implemented in the Tezos blockchain next year. To ensure a high level of confidentiality, data in zkChannel will

The price of the KNC token increased by 29% per day to $ 1.54 in anticipation of the Katalyst protocol update scheduled for next week. Now the price has adjusted to $ 1.45. The decentralized financing boom (DeFi) is not slowing down. Today, the price of the Kyber Network token (KNC) was $ 1.54, showing a 29% increase per day. Apparently, the price increase is due to the Katalyst update in the Kyber Network protocol,

The European Innovation Council has issued grants for $ 5.6 million to six projects using blockchain to solve critical social problems. This week, the European Innovation Council (EIC) issued grants of $ 5.6 million to six blockchain projects under the blockchain for social welfare program. “Six winners were selected during the contest, which determined the best scalable, deployable and effective solutions on the blockchain for social tasks,” the organizers explained. Solutions include blockchain applications focused

According to a new Glassnode report, the number of large Bitcoin holders has been growing for the first time since 2016, but the amount of BTC they hold is decreasing.According to Glassnode, for the first time since 2016, the number of “whales” – large cryptocurrency holders owning at least 1,000 BTC, has begun to grow. However, the average deposit amount of these large investors is reduced. “Despite an increase in the number of whales this

The BHP Group, one of the largest mining companies in the world, sold $ 14 million worth of iron ore using a blockchain platform.A mineral sale transaction was concluded between BHP and China Baowu Steel Group, a subsidiary of China Baoshan Iron & Steel (Baosteel). The $ 14 million transaction was conducted through a blockchain-based platform developed by Canadian technology company MineHub Technologies. BHP’s Director of Trade and Marketing, Michiel Hovers, explained that the company