The cantonal court of Zug, Switzerland has reportedly shut down and ordered the liquidation of mining firm Envion AG, that uses clean energy to mine cryptocurrency. The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov.… Continue reading Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG
Category: Switzerland
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Commodities Firms Complete Blockchain Pilot for Black Sea Wheat
Two international agricultural commodities firms have completed a blockchain pilot for Black Sea wheat from the Russian port of Novorossiysk. Swiss-based Transoil International and Solaris Commodities have conducted a blockchain pilot transaction of Black Sea wheat, S&P Global reports Nov. 12. Both companies are involved in the trading of international agricultural commodities like milling wheat,… Continue reading Commodities Firms Complete Blockchain Pilot for Black Sea Wheat
Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter
The central bank is China comes out against crypto air drops, while a flood of fake Elon Musks take Twitter promising crypto giveaways. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions,… Continue reading Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter
Report: Swiss Financial Watchdog Recommends Banks Set Crypto Risk Coverage at 800%
The Swiss financial watchdog FINMA has reportedly advised the country’s financial institutions to set crypto asset risk coverage at 800 percent of their value. The Swiss Financial Market Supervisory Authority FINMA has advised banks and other financial institutions to estimate risk coverage for cryptocurrencies at 800 percent of current market value, Cointelegraph auf Deutsch reports… Continue reading Report: Swiss Financial Watchdog Recommends Banks Set Crypto Risk Coverage at 800%
Swiss-Based Asset Management Firm to Introduce Metals-Backed Cryptocurrency
Swiss commodities management company Tiberius Group AG is going to introduce a digital currency backed by metals. Switzerland-based asset management company Tiberius Group AG is going to introduce a cryptocurrency backed by metals, Bloomberg reported September 27. Founded in 2005 as a commodities asset management firm, Tiberius Group manages around $350 million in assets. The… Continue reading Swiss-Based Asset Management Firm to Introduce Metals-Backed Cryptocurrency
World Economic Forum Outlines Over 65 Blockchain Use Cases for Environmental Protection
The World Economic Forum has outlined more than 65 blockchain use cases for environmental protection in a recent report. The World Economic Forum (WEF) foundation has outlined more than 65 blockchain use cases for solving the “most pressing” environmental challenges, in a report published September 14. In the report, titled “Building Block(chain)s for a Better… Continue reading World Economic Forum Outlines Over 65 Blockchain Use Cases for Environmental Protection