Nornickel to use blockchain for its new ETCs on Deutsche Börse and LSE

A palladium fund founded by Norilsk Nickel will launch exchange-traded commodities for metals custodied using blockchain at the Deutsche Börse and London Stock Exchange. The world’s largest producer of palladium and high-grade nickel, Norilsk Nickel, is pressing ahead with its digital technologies strategy. As of Jan. 18, Nornickel’s Global Palladium Continue Reading

After alleged hack, Russian crypto exchange Livecoin shuts down

Russian cryptocurrency exchange Livecoin has announced a full shutdown following an alleged hack in December 2020. Russian cryptocurrency exchange Livecoin has announced it is shutting down after abruptly halting operations in late December 2020. According to Livecoin’s main page, the exchange is unable to continue operations due to financial and Continue Reading

Chainlink surpasses Bitcoin Cash making LINK the 8th largest cryptocurrency

The market capitalization of Chainlink has surpassed Bitcoin Cash, as the DeFi market continues to prosper with TVL exceeding $24 billion. Chainlink (LINK), the oracle-focused blockchain protocol, surpassed Bitcoin Cash (BCH) to become the eighth-biggest cryptocurrency as of Jan. 18. The market capitalization of Chainlink now hovers at $9 billion Continue Reading

Mitsubishi and Tokyo Tech create blockchain system for P2P energy trading

Beginning in April, the electronics giant and university R&D team will evaluate and tweak the new trading system’s performance before commercialization. Mitsubishi Electric has teamed up with researchers from the prestigious Japanese university, Tokyo Tech, to jointly design a blockchain-based trading system that can support more flexible, peer-to-peer energy trading. Continue Reading