10 - 2023 | MachinaTrader.com

Hindustan Petroleum Launches Blockchain System for Automated Verification of Purchase Orders

India’s state-run refiner Hindustan Petroleum (HPCL) has partnered with blockchain software firm Zupple Labs to launch a blockchain system for automated verification of purchase orders (POs). The system, called LegitDoc, integrates Zupple Labs’ blockchain-based digital credentialing technology into HPCL’s purchase order system. This allows HPCL to issue digital POs to vendors without manual verification, while […]

Using Crypto YouTube Channels to Predict Market Trends: Insights from Delphi

Popular crypto-related YouTube channels can provide valuable insights into retail investor sentiment and upcoming market trends, according to Delphi, a research firm. By tracking changes in viewership and subscriber numbers of these channels, investors can potentially gauge market sentiment and anticipate future trends. This approach suggests that YouTube channels can be used as a tool […]

France Rumored to Consider Adopting XRP for Digital Euro

Rumors are circulating that France’s Central Bank, Banque de France, is considering adopting XRP for its digital euro. While there has been no official announcement from the bank, it is not new to the blockchain and crypto space. The bank previously ran a pilot test of a Central Bank Digital Currency (CBDC) on a blockchain […]

Bitcoin Developers Clash Over Improvement Proposals at Bitcoin Amsterdam Conference

Bitcoin core developers have been engaged in a heated debate over improvement proposals (BIPs) to address issues with the protocol. At a recent panel in Bitcoin Amsterdam, developers Paul Sztorc and Peter Todd clashed over Sztorc’s work on Drivechains. Sztorc’s LayerTwo Labs has been working on BIP-300 for six years, advocating for the creation of […]

Elon Musk and Mark Cuban Challenge SEC’s Litigation Procedures in Landmark Case

In a recent development, prominent figures including Elon Musk and Mark Cuban have filed an amicus curiae brief challenging the US Securities and Exchange Commission (SEC). The brief questions the SEC’s use of administrative proceedings instead of jury trials, raising concerns about the constitutionality of their practices. The group argues that the SEC’s inconsistent approach […]

Binance Introduces New Trading Pairs and Removes BUSD Pairs in Latest Updates

Binance, the world’s largest cryptocurrency exchange, has announced the addition of six new spot trading pairs, including ATOM/FDUSD, AVAX/FDUSD, BAND/TRY, BCH/FDUSD, LOOM/TRY, and MATIC/FDUSD. They will also introduce Spot Grid and Spot DCA Trading Bots for the NTRN/USDT and PENDLE/USDT pairs. Users will enjoy zero maker fees on FDUSD trading pairs until further notice. FDUSD […]

Binance France Executive Director Stéphanie Cabossioras Steps Down, Adding to Growing List of Departures

Stéphanie Cabossioras has resigned from her position as the executive director of Binance France, making her the latest senior executive to leave the company this year. Binance France President David Prinçay confirmed her departure and expressed gratitude for her contributions. Cabossioras joined Binance in April 2022 as the head of legal for the French arm […]

MultiversX’s xDay 2023: Exploring the Intersection of Blockchain, AI, and the Metaverse

In the next three days, the NewsBTC team will be covering xDay 2023, an event organized by MultiversX in Romania. Formerly known as Elrond, the project has rebranded and shifted its focus to the Metaverse, which is currently a hot trend in the crypto industry.MultiversX has launched new products, including a “Super App” called xPortal, […]

MultiversX’s xDay 2023: Exploring the Intersection of Blockchain, AI, and the Metaverse

In the next three days, the Bitcoinist team will be covering xDay 2023, an event organized by MultiversX in Romania. MultiversX, formerly known as Elrond, has rebranded and shifted its focus to the Metaverse, a popular trend in the crypto world. The project has launched new products, including a “Super App” called xPortal, to expand […]

South Korean Regulators Investigate Sui Network for Alleged Fraudulent Scheme

South Korean regulators are launching an investigation into Sui Network, a blockchain platform, amid allegations that the developers lied about certain aspects of the token. The Financial Supervisory Service (FSC) will determine whether Sui is operating as a fraudulent scheme. The main concern is the significant drop in Sui’s price, which has lost over 91% […]