EDAG group, a German engineering company focused on the automotive sector, has developed trive.park, an app that lets users book parking spaces provided by its operator partners.
Edward Snowden is always the main event, no matter where he talks. It’s no surprise that the NSA whistleblower was the main event at the Web3 Berlin Summit, held in the former radio broadcasting center of the German Democratic Republic.
Speaking for an hour via video-link from Moscow, Snowden appeared vaguely Orwellian on two large screens on either side of the auditorium. He looked down at well over five-hundred people, crammed into every space available.
Earlier this month Kik released a 130-page filing that accused the Securities and Exchange Commission of “twist[ing] facts” in its lawsuit against the company’s 2017 Kin token sale. The company disputes claims that the 2017 sale of KIN tokens, which raised more than $100M, was a desperate attempt to save the company from ruin, and argues that the regulator is trying to discredit them publicly.
iFinex, the company behind Bitfinex, is under more pressure after the New York State Supreme Court judged that the exchange was in the New York Attorney-General’s (NYAG) Office’s jurisdiction. But that isn’t getting in the way of business: yesterday, Bitfinex completed its burn of nearly 40,000 LEO tokens (US$53,600), as part of a continuous process that will eventually redeem the entire supply.
Trading is muted in crypto markets, especially with respect to Bitcoin. After measurable gain early on Monday, BTC mostly stayed around its new $10,500-10,700 level. The rest of the market is seeing considerable pullbacks, with almost all major coins posting losses.
Travelport, a travel industry tech company, is teaming up with IBM and travel management company BCD Travel to streamline the hotel commission process with blockchain technology.
Litecoin appears relatively unsteady on Tuesday, after the fifth largest cryptocurrency by market capitalization found strong technical resistance from just shy of the $80.00 level.
Anchor, a two-token stablecoin algorithmically pegged to the global economy, has launched beta testing of its new Anchor Wallet. Developed in partnership with Ambisafe, the wallet allows users to directly purchase ANCT stable tokens with any fiat currency, or major cryptocurrencies such as BTC, ETH, USDT and USDC. The ANCT is based on the the Ethereum blockchain, which means that the tokens can then be sent to any valid Ethereum wallet address.
The largest gift card exchange in Japan will use the aelf (ELF) blockchain in order to radically improve the issuance, distribution and traceability of gift cards.
Amaten, which processed more than a million transactions altogether last year with 132,000 users, said it will be developing a new gift card marketplace on top of the aelf blockchain, enabling it to expand into neighbouring markets, such as Korea and China.
Bitcoin is rising yet again, as the largest digital asset consolidates above $10,000. While it’s common to attribute bull runs to institutional money, Chinese tariffs or inverted yield curves, this year’s rise could have been triggered by an unexpected catalyst: third party custodians.
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