VeChain And Avery Dennison Intelligent Labels Showcase The Joint Blockchain Enabled Food Supply Chain Solution on IOTE 2020

From July 29 to July 31 2020, VeChain proudly joined hands with Avery Dennison Intelligent Labels to attend the 14th International Internet of Things Exhibition (hereafter referred to as IOTE 2020) held in Shenzhen, China. As the largest and most comprehensive IoT expo in Asia, IOTE 2020 gathered more than 800 professionals from enterprises, and more than 130,000 professional visitors and purchasers in various industries including but not limited to food, retail and automobile.

Circle and Genesis Form Strategic Partnership to Advance Adoption of USDC in Mainstream Finance

Circle Internet Financial Ltd, a leading global financial technology firm, and Genesis, a leading digital asset prime brokerage firm, have formed a strategic partnership to accelerate the adoption and acceptance of digital dollar stablecoins in mainstream finance. The partnership includes a $25 million investment of capital into Circle from Digital Currency Group (DCG), the parent company of Genesis, as well as joint product efforts aimed at enhancing Circle's new suite of products for businesses and developers with new USD Coin (USDC) yield and lending services.

Starting on November 2, 2020 and For the First Time - The Tel Aviv Stock Exchange Launches a Central Blockchain Securities Lending Platform

The Tel-Aviv Stock Exchange (TASE: TASE) announces the first-ever launch in Israel of a Central Blockchain Securities Lending Platform, an innovative and groundbreaking financial technology. There is currently no central securities lending platform in the Israeli market. Securities Lending is at present executed using inter-bank mechanisms within, and if necessary outside, banking group limits. As a result, the market has not been fully exploited to satisfy the potential needs of economic agents.

LocalBitcoins adopts Elliptic's blockchain monitoring solutions to manage risk and support growth

Elliptic, the global leader in cryptoasset risk management solutions, today announced a partnership with LocalBitcoins, the world's leading peer-to-peer (P2P) bitcoin exchange. LocalBitcoins now uses Elliptic's industry-leading suite of blockchain monitoring tools to prevent the illicit use of its platform and comply with regulations such as the EU's 5th Money Laundering Directive (5AMLD) and know-your-customer (KYC) regulations. By integrating with Elliptic Navigator to screen crypto transactions, and Elliptic Lens to screen wallets, LocalBitcoins have now automated their compliance and anti-fraud processes to drive cost savings and reduce risk.

ReitBZ, from BTG Pactual, is the world's first token linked to a financial institution to distribute dividends

ReitBZ, a leveraged token backed by real estate issued by BTG Pactual, will be the first product of its kind to distribute portfolio profits to investors, with payments made via smartcontract using blockchain technology, an unprecedented development in the global financial market. Smartcontracts have undergone security audits by Chain Security (for Ethereum blockchain) and by Least Authority (for Tezos blockchain).

Valid Network Secures $8 Million in Funding to Help Organizations Automatically Protect Their Enterprise-grade Blockchain Business Applications

Valid Network announced today that it has raised an $8M seed round to enable companies to adopt and automatically protect blockchain technology with confidence. Founded by security veterans Kfir Nissan and Gilad Eisenberger, Valid Network's solution is protocol-agnostic and ensures compliance while dynamically detecting and preventing breaches and attacks. The company will use the funding to fuel further research and development of its solution and increase its engineering and research teams in Israel. Valid will also open an office in New York City, scaling business development and partnership efforts there.

Paxos Introduces Paxos Crypto Brokerage Service to Power Digital Asset Buying and Selling in Any Product

Paxos Trust Company, the regulated financial institution that digitizes and mobilizes assets, today introduced Paxos Crypto Brokerage, a new product offering that enables companies to integrate cryptocurrency buying, selling, holding and sending capabilities into their own applications. Paxos Crypto Brokerage is a turnkey, easy-to-integrate API-based solution that provides access to the $200 billion cryptocurrency market while managing the underlying regulatory and technological complexity.

Mining Provider Xive Rolls Out Rebrand and Free Educational Platform on Mining and Crypto

Kazakhstan-based mining provider Xive announced mining capacities empowerment and the launch of an updated site on July 9th. On xive.io website users can buy a fast mining contract starting from $4.55, and pre-order mining powers or even become a partner of the company by filling out an application for the equity purchase. Besides hashpower sharing, Xive offers its clients mining hardware accommodation starting from $0.042 per KWh. Xive also offers low upkeep costs, customer support and real-time hardware monitoring.