Cryptocurrencies

Cardinal Health Partners with Chronicled to Enhance Pharmaceutical Chargeback Accuracy for Customers through Blockchain-Powered Technology

Retrieved on: 
Tuesday, August 3, 2021
Articles, Technology, Cryptocurrencies, Science and technology, Emerging technologies, Decentralization, Blockchain, Chargeback, Cardinal Health, Supply chain

The new blockchain solution will allow Cardinal Health to optimize the complex process of pharmaceutical chargebacks and create greater connectivity for its suppliers and customers.

Key Points: 
  • The new blockchain solution will allow Cardinal Health to optimize the complex process of pharmaceutical chargebacks and create greater connectivity for its suppliers and customers.
  • Chronicled, the administrator of the MediLedger Network, provides Cardinal Health and industry partners a shared decentralized infrastructure with real-time visibility to eliminate disputes and improve pricing accuracy.
  • The blockchain-powered solution will enforce the accuracy and integrity of chargebacks submitted across Cardinal Health's pharmaceutical supply chain.
  • "Being a part of the MediLedger Network and implementing blockchain technology is a crucial step forward in our digital transformation journey here at Cardinal Health."

Talen Energy Corporation Announces Zero-Carbon Bitcoin Mining Joint Venture with TeraWulf Inc.

Retrieved on: 
Tuesday, August 3, 2021
Payment systems, Bitcoin, Cryptocurrencies, Digital currencies, Currency, Exonumia, Talen Energy, Talen

THE WOODLANDS, Texas, Aug. 3, 2021 /PRNewswire/ -- Talen Energy Corporation ("Talen" or "the Company") announced today that, as part of its strategic transformation to a renewable energy and digital infrastructure growth platform, it has entered into a Joint Venture with TeraWulf Inc. ("TeraWulf"), a U.S.-based bitcoin mining company, to develop up to 300 Megawatts of zero-carbon bitcoin mining capacity.

Key Points: 
  • THE WOODLANDS, Texas, Aug. 3, 2021 /PRNewswire/ -- Talen Energy Corporation ("Talen" or "the Company") announced today that, as part of its strategic transformation to a renewable energy and digital infrastructure growth platform, it has entered into a Joint Venture with TeraWulf Inc. ("TeraWulf"), a U.S.-based bitcoin mining company, to develop up to 300 Megawatts of zero-carbon bitcoin mining capacity.
  • The Joint Venture, named Nautilus Cryptomine will leverage the strengths of both Talen and TeraWulf as they collectively work to advance the convergence of clean energy sources and digital infrastructure assets.
  • The Joint Venture is expected to invest approximately $350-400 million in Phase I of the zero-carbon bitcoin mining operation with an aggregate anticipated hash rate that will exceed 5 exahash per second.
  • Talen anticipates funding its share of the Joint Venture commitment from its current liquidity and from third party debt and equity sources.

ZenLedger Raises $6M Series A Funding To Simplify Cryptocurrency Taxes and Accounting

Retrieved on: 
Tuesday, August 3, 2021
Cryptocurrencies, Articles, Decentralization, Technology, Science and technology, Financial technology, Uberisation, Blockchain, Decentralized finance

SEATTLE, Aug. 3, 2021 /PRNewswire-PRWeb/ -- ZenLedger , the leading cryptocurrency tax software and blockchain analytics startup, today announced a $6 million Series A funding round led by Bloccelerate VC.

Key Points: 
  • SEATTLE, Aug. 3, 2021 /PRNewswire-PRWeb/ -- ZenLedger , the leading cryptocurrency tax software and blockchain analytics startup, today announced a $6 million Series A funding round led by Bloccelerate VC.
  • State, Federal, and International regulatory bodies like the J5 and IRS have begun to place more stringent reporting measures for cryptocurrency investments and transactions.
  • ZenLedger's platform helps investors and accountants adhere to IRS and SEC regulations by providing a digital workflow to simplify, optimize, and automate the tax and accounting process.
  • ZenLedger helps cryptocurrency investors and tax professionals stay compliant with integration support for over 400+ exchanges, 40+ blockchains, 20+ DeFi protocols, and all wallets.

From $100 to $657 Billion Inflow Into Digital Asset Market: Survey Reveals Interest From Investment Funds Due to the New German Legislation

Retrieved on: 
Tuesday, August 3, 2021
Cryptography, Money, Digital currencies, Cryptocurrencies, Finance, Decentralization, Bitcoin, Assets under management

MOSCOW, Aug. 3, 2021 /PRNewswire/ -- MINDSMITH, a tech think tank; OnGrid Systems, a blockchain and decentralized finance platforms developer; DEKIS, an interdisciplinary research group of the Catholic University of Ávila; and TigerTrade, an international trading platform, conducted a survey of experts and representatives of investment funds present in the German-speaking region of Europe, timed to coincide with the introduction of the new Fund Location Act. Starting from August 2, 2021, domestic special funds are allowed to invest up to 20% of the assets under management into crypto assets such as Bitcoin.

Key Points: 
  • Survey of 70+ DACH-focused funds, jointly conducted by MINDSMITH, OnGrid Systems, DEKIS and TigerTrade, showed that 46% are interested in digital assets and are ready to explore the digital asset market.
  • Within three years, it is possible to expect an inflow from $100 to $657 billion into the digital asset market only from the DACH region.
  • Starting from August 2, 2021, domestic special funds are allowed to invest up to 20% of the assets under management into crypto assets such as Bitcoin.
  • Chances are high that digital euro in addition to digital dollars, digital yuan and other CBDCs will do the job.

From $100 to $657 Billion Inflow Into Digital Asset Market: Survey Reveals Interest From Investment Funds Due to the New German Legislation

Retrieved on: 
Tuesday, August 3, 2021
Cryptography, Money, Digital currencies, Cryptocurrencies, Finance, Decentralization, Bitcoin, Assets under management

MOSCOW, Aug. 3, 2021 /PRNewswire/ -- MINDSMITH, a tech think tank; OnGrid Systems, a blockchain and decentralized finance platforms developer; DEKIS, an interdisciplinary research group of the Catholic University of Ávila; and TigerTrade, an international trading platform, conducted a survey of experts and representatives of investment funds present in the German-speaking region of Europe, timed to coincide with the introduction of the new Fund Location Act. Starting from August 2, 2021, domestic special funds are allowed to invest up to 20% of the assets under management into crypto assets such as Bitcoin.

Key Points: 
  • Survey of 70+ DACH-focused funds, jointly conducted by MINDSMITH, OnGrid Systems, DEKIS and TigerTrade, showed that 46% are interested in digital assets and are ready to explore the digital asset market.
  • Within three years, it is possible to expect an inflow from $100 to $657 billion into the digital asset market only from the DACH region.
  • Starting from August 2, 2021, domestic special funds are allowed to invest up to 20% of the assets under management into crypto assets such as Bitcoin.
  • Chances are high that digital euro in addition to digital dollars, digital yuan and other CBDCs will do the job.

Dubai-based Award-Winning Artist Sheeba Khan to mint her "Night of Terror" on The World's First Fusion NFT by Blockchain Company Coinllectibles

Retrieved on: 
Tuesday, August 3, 2021
Articles, Cryptocurrencies, Blockchains, Technology, Non-fungible token, Smart contract

Since 2017, Sheeba has successfully featured her art pieces in exhibitions held across the globe such as in Dubai, South Korea, United Kingdom, USA and Italy.

Key Points: 
  • Since 2017, Sheeba has successfully featured her art pieces in exhibitions held across the globe such as in Dubai, South Korea, United Kingdom, USA and Italy.
  • For pre-registration of interest for Sheeba Khan's "Night of Terror" Fusion NFT, please visit www.Coinllectibles.Art .
  • "Coinllectibles" is an ACT (Arts and Collectibles Technology) company, which is redefining how the worldthinks about art and collectible ownership in the digital age.
  • Their minted curated Fusion NFTs, capture all the rights and independent valuation and ownership of physical arts and collectibles securely underpinned by smart contracts stored on the blockchain.

CleanSpark Provides Updates on Bitcoin Mining and Energy Operations

Retrieved on: 
Tuesday, August 3, 2021
Cryptocurrencies, Payment systems, Bitcoin, Digital currencies, Currency, Exonumia

SALT LAKE CITY, Aug. 3, 2021 /PRNewswire/ --CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), aclean Bitcoin mining and a diversified software and services company, today announced updates to a number of strategic initiatives related to its Bitcoin and Energy business units.

Key Points: 
  • SALT LAKE CITY, Aug. 3, 2021 /PRNewswire/ --CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), aclean Bitcoin mining and a diversified software and services company, today announced updates to a number of strategic initiatives related to its Bitcoin and Energy business units.
  • CleanBlok, the Company's Bitcoin mining division, now has over 7,500 of the latest generation mining units deployed with a hashrate capacity of over 740 PH/s, currently producing approximately 6 Bitcoin per day at today's difficulty rates.
  • CleanSpark expects to approach 2.0EH/s by the close of calendar 2021, and 3.2EH/s by the end of September 2022.
  • CleanSpark, Inc., aNevadacorporation, is an energy technology and clean Bitcoin mining Company that is focused on solving modern energy challenges.

Open Source DeFi Platform Celo Announces New Partnership With FinClusive

Retrieved on: 
Tuesday, August 3, 2021
Cryptocurrencies, Celo Community, Celo, Decentralized finance, Valora, Stablecoin

In addition to the Valora integration, this partnership will permit the integration of a compliant U.S. Dollar on and off ramp.

Key Points: 
  • In addition to the Valora integration, this partnership will permit the integration of a compliant U.S. Dollar on and off ramp.
  • This will be accessible to anyone in the Celo community building peer-to-peer applications with financial crimes compliance (FCC) controls and capabilities.
  • "The launch of the Valora app on Celo was an important milestone in Celo's journey to offer mobile-first, inclusive DeFi solutions for consumers across the globe," said Jai Ramaswamy, Chief Risk and Compliance Officer at Celo.
  • By providing an efficient, cost-effective and compliant way to cash in and out of cUSD on the Celo platform, this partnership with FinClusive will enhance the ability of Celo users to access stablecoins and DeFi solutions on Celo, ensure AML/KYC and monitoring tools are in place, and lead the way toward a more inclusive financial future.

Genesis partners with Algorand to expand digital currency lending market

Retrieved on: 
Tuesday, August 3, 2021
Cryptocurrencies, Articles, Algorand, Technology, Computing, Prime brokerage, Blockchain, Financial market

"We're excited to support the Algorand team and blockchain," said Matt Ballensweig, Head of Institutional Lending at Genesis.

Key Points: 
  • "We're excited to support the Algorand team and blockchain," said Matt Ballensweig, Head of Institutional Lending at Genesis.
  • "The growth and adoption of stable coins has played a big role in our business over the last year, and we see Algorand's technology as another tailwind to a fast-growing digital currency lending market.
  • Genesis will support borrowing and lending in ALGO and USDC on Algorand, and will also accept both assets as collateral against other loans."
  • Genesis Global Capital, LLC is part of the Genesis group, a full-service digital currency prime brokerage providing a single point of access for select qualified individuals and global institutional investors.

Cryptocurrencies Regain Momentum After a Turbulent Period

Retrieved on: 
Tuesday, August 3, 2021
Articles, Cryptocurrencies, Technology, Decentralization, Finance, Financial technology, Uberisation, Blockchain, Non-fungible token, CoinDesk, NASDAQ

A report by CoinDesk indicates that OpenSea, an NFT marketplace, saw record-breaking trading volume in the past two days.

Key Points: 
  • A report by CoinDesk indicates that OpenSea, an NFT marketplace, saw record-breaking trading volume in the past two days.
  • ISW Holdings Inc.(OTC: ISWH), Bitfarms Ltd. (NASDAQ: BITF), CleanSpark, Inc. (NASDAQ: CLSK), Riot Blockchain, Inc. (NASDAQ: RIOT), Bit Digital, Inc. (NASDAQ: BTBT)
    All this comes after a troublesome and volatile period of time for cryptocurrencies in recent months.
  • As a result, we are rebranding to ensure our image better aligns with our ongoing operations and long-term strategic goals.'
  • The name change reflects a corporate rebranding effort necessitated by this demonstrable commitment to blockchain infrastructure, cryptocurrency mining, and collaborative hosting.