Announcements Original

Layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy’s banking and insurance markets, reports Cointelegraph. The Algorand-supported platform is expected to launch in early 2023. According to Algorand’s announcement, this is the first time a European Union member state will use […]

The American Banking Banking Association highlighted that a CBDC issued by the US Federal Reserve lacks “compelling use cases,” reports Cointelegraph. While some countries like Nigeria are aggressively pushing the use of central bank digital currencies (CBDCs), a new report summarised why a number of private stakeholders are against the idea of a CBDC. The […]

Alibaba Cloud, or Aliyun, a subset of Chinese e-commerce giant Alibaba, has announced an integration with Avalanche blockchain to power the company’s Node-as-a-Service initiatives, reports Cointelegraph. Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche’s public blockchain platform in Asia. The integration will allow […]

Paschal Donohoe, the current Minister for Finance, has been re-elected for a second term as the president of the Eurogroup of Finance Ministers. In a unanimous vote at a meeting of the Eurogroup, Minister Donohoe was elected after no other candidate declared. “I am enormously privileged that my colleagues have entrusted me with a second […]

BlockFi, the first direct casualty of crypto exchange FTX’s collapse, has told a US bankruptcy judge that the US cryptocurrency lender was “the antithesis of FTX” and that it would seek to return customer funds as quickly as possible, reports Reuters. BlockFi filed for Chapter 11 protection on Monday, citing FTX’s collapse and volatility in […]

The “questionable practices” at now collapsed crypto exchange FTX would not have been allowed to happen under European Union rules that need to be finalised urgently, a senior European Commission official, reports RTE News. The crash in bitcoin led to a “crypto winter”, which saw the collapse of crypto exchange FTX, and earlier this week […]

A glance at the speaker list for the European Blockchain Convention 2023, from 15-17 February in Barcelona for which Blockchain Ireland is a proud to partner, reveals a host of financial institutions. The likes of the London Stock Exchange, Banco Santander, JPMorgan Chase, Société Générale Securities Services, and Scotiabank are joined by that venerable publication, […]

W3bstream, a MachineFi project, is using Web3 technology to decentralise the Internet of Things, reports Cointelegraph. We live in houses that are capable of monitoring and controlling a wide range of internal processes — from heating and cooling to security and surveillance mechanisms, says Cointelegraph. Our cars keep track of external conditions and are well […]

BIS Research has presented a new market intelligence report entitled ‘Global Blockchain in Energy Market – Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024, reports Blockchain.news. The market growth witnessed is primarily linked to the […]

In an official update sent to clients on 14 November, BlockFi admitted to having “significant exposure” to FTX and its affiliated companies but insisted it had “the necessary liquidity to explore all options,” reports Cointelegraph. The news came as somewhat of a surprise since on Nov. 8, BlockFi’s founder and chief operating officer, Flori Marquez, […]

The UN Climate Conference COP27 took place in in Egypt, where leaders gathered to discuss climate action, propose solutions to the current crisis and explore how technology can help to tackle some of the biggest issues facing the planet, reports Blockleaders.io. Blockchain project, Unique Network partnered with leading climate organisations, teamed up to present the […]

The European Blockchain Convention returns for 2023, from 15-17 February in Barcelona. Blockchain Ireland is proud to partner with the event. Described as three events in one, some 3,000 attendees across start-ups, investors, developers, and corporates, will hear from more than 200 speakers on a variety of panels, keynotes, workshops, and fire-side chats on the […]