First Mover Asia: Bitcoin Hovers Over $23K in Weekend Trading; an Edgy Environment at Seoul’s Blockchain Megaweek

First Mover Asia: Bitcoin Hovers Over $23K in Weekend Trading; an Edgy Environment at Seoul's Blockchain Megaweek

The largest cryptocurrency by market capitalization was recently trading at about $23,300, up slightly over the last 24 hours and roughly where it started the weekend. Bitcoin fell below $23,000 early Friday following the U.S. Labor Department report – which doubled most analysts’ expectations for July job growth – before regaining its previous perch above Continue Reading…

Blockchain assurance for Eastman’s Naia portfolio

Blockchain assurance for Eastman’s Naia portfolio

Eastman is partnering with TextileGenesis to add track-and-trace solutions to its Naia-branded porfolio. Naia cellulosic yarns and fibres – including  Naia Renew, made with renewable bio-based and molecularly recycled waste – are now fully traceable from raw materials to the final garment. Using advanced digital technologies and supply chain modelling, TextileGenesis traces every phase of Continue Reading…

Joint blockchain pilot project for ISCC PLUS

Joint blockchain pilot project for ISCC PLUS

Fibre producer Asahi Kasei Europe has joined a pioneering project on blockchain technology for the ISCC PLUS certification scheme. Led by the Dutch software provider Circularise and the Japanese trading company Marubeni, the project aims at enhancing the efficiency of the certification process and the integrity of the certified data. In order to achieve its Continue Reading…

Gaming Claimed Record 60% of Blockchain Activity in July: DappRadar

Gaming Claimed Record 60% of Blockchain Activity in July: DappRadar

“While [decentralized finance] and overall blockchain activity have been on the downside, game Unique Active Wallets (UAW) continues to rise, reaching almost 1 million daily wallets,” Pedro Herrera, DappRadar’s head of research, told CoinDesk in an email. “Although game tokens also suffer from challenging market conditions, blockchain games continue to be played at growing ratios. Continue Reading…

Blockchain’s Decentralization is Questionable, Report

Blockchain’s Decentralization is Questionable, Report

The distributed ledger is the fundamental technology behind blockchains like Bitcoin and Ethereum. The latest report, titled “Are Blockchains Decentralized?” by security research firm Trail of Bits, poses a question on the thesis of decentralization as the longstanding notion of blockchain, arguing that it may be more centralized-oriented than the crypto industry tends to think. Continue Reading…