Ethiopian Airlines Partners With Blockchain-Based Loyalty Rewards Firm Loyyal

Ethiopian Airlines Group has partnered with Loyyal to leverage the latter’s blockchain infrastructure for its customer loyalty program. The partnership, which is earmarked for Ethiopian Airlines’ Shebamiles members, enables them to earn rewards daily, driving further engagement and loyalty. Three-Way Partnership One of the leading African airlines, Ethiopian Airlines Group, has appointed blockchain-based loyalty rewards […] Source CryptoX Portal

Bitfinex Lists AIOZ Token, Enhancing Blockchain-Based Media Solutions

Bitfinex, a leading digital asset trading platform, has announced the listing of AIOZ, the native token of AIOZ Network. This move, revealed on June 11, 2024, bolsters the platform’s commitment to supporting innovative blockchain projects. About AIOZ Network AIOZ Network is a decentralized platform leveraging blockchain technology to enhance AI, storage, and streaming services. The network aims to transform digital media by providing decentralized solutions, thereby creating a more efficient and scalable ecosystem. Recent collaborations, such as the partnership with Alibaba Cloud, underscore AIOZ’s real-world…

Uniswap (UNI) Labs Acquires Blockchain-Based Interactive Game, ‘Crypto: The Game’

Uniswap (UNI) Labs Expands with New Acquisition In a significant move to diversify its portfolio and enhance user experiences, Uniswap Labs has acquired Crypto: The Game (CTG), an interactive, onchain survival game, according to Uniswap Protocol. This acquisition marks a strategic move for Uniswap Labs as it aims to integrate more interactive onchain activations for its growing community. The CTG team will join forces with Uniswap Labs to continue their work on the highly anticipated Season 3 of the game. Additionally, the team will experiment…

Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm

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DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data

The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted data to blockchain ecosystems, facilitating more efficient data dissemination and consumption. Chainlink Boosts DTCC’s Smart NAV Pilot DTCC’s Smart […] Source CryptoX Portal

Deutsche Bank Explores Blockchain-Based Asset Tokenization

Deutsche Bank has announced its collaboration with the Monetary Authority of Singapore’s Project Guardian, a multi-year initiative aimed at exploring the potential of asset tokenization in regulated financial markets. The banking giant will test an open architecture and interoperable blockchain platform for servicing tokenized and digital funds. This move signifies Deutsche Bank’s commitment to leading […] Source CryptoX Portal

Russian Opposition Leader Mark Feygin Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win

The results of this effort would, of course, have no legal weight in Russia and would not end Putin’s presidency per se, but the referendum could, in theory, give a public relations boost to efforts to oust him. And it gives Russians a way to voice criticism in a nation where the consequences of dissent can be high; opposition leader Alexei Navalny recently died while jailed in an Arctic penal colony. Source

This State-Owned German Bank Enters Crypto With New Blockchain-Based Digital Bond

German state-owned development bank Kreditanstalt für Wiederaufbau (KfW) is gearing up to issue its first blockchain-based digital bond, marking a significant milestone in adopting crypto technology within the financial sector.  According to a recent report by Bloomberg, KfW has already successfully issued a digital bond as a central register security in compliance with the German Electronic Securities Act (eWpG). The bank is preparing to take the next step by offering a blockchain-based bond to attract a wide range of investors. Streamlined Crypto Bond Offering Treasurer Tim Armbruster expressed optimism about…

Nigerian Blockchain-Based Payment Startup, Ivorypay, Partners With Stablecoin Issuer, Tether

A Nigerian startup specializing in blockchain-based payments and remittances has entered into a partnership arrangement with the stablecoin issuer Tether. The arrangement is expected to extend the benefits of stable digital transactions to a larger number of consumers and businesses across the African continent. Ivorypay, Tether Partnership Aims to Boost User Confidence Ivorypay, a Nigerian […] Source CryptoX Portal