Search
Tether invests $100M in agriculture firm as stablecoin competition grows
8.9.2024
This is Tether’s first investment in the agriculture and food sector, after investments in artificial intelligence, Bitcoin mining operations, and digital education initiatives
Tether Invests $100 Million in Latam’s Agricultural Giant Adecoagro
8.9.2024
Tether, the USDT stablecoin issuer, has acquired 9.8% of Adecoagro, a Latin American-based agricultural giant. In a move described by Argentine media as surprising, the company invested $100 million to diversify its investments in the agricultural and food sectors. Adecoagro, valued at over...
Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally
26.8.2024
The price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The commodity, made famous by its part in the “Trading Places” film, is expected to keep rising due...
How Solana is transforming cross-border agricultural trade
24.7.2024
AgriDex’s blockchain-based platform enabled a South African farm to complete a trade with a London importer, showcasing the benefits of onchain settlements
How Solana is transforming cross-border agricultural trade
24.7.2024
AgriDex’s blockchain-based platform enabled a South African farm to complete a trade with a London importer, showcasing the benefits of onchain settlements
AgriDex Settles First Agricultural Trade on Solana Blockchain
24.7.2024
AgriDex, a Solana-based marketplace aiming to bring the global agricultural market on-chain by tokenizing various crops has settled its first agricultural trade on the Solana blockchain, it told CoinDesk on Wednesday
Latam Insights Encore: Chavez, Marx, And Bukele’s Anti ‘Free Market’ Practices to Curb Speculation In El Salvador
15.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the course of action that Nayib Bukele has taken regarding price gouging and speculation practices in El Salvador, and how he...
As the U.S. Commodities Regulator Urges Fast Crypto Action, Senators Still Scrambling
10.7.2024
While Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) said that her latest legislative proposal for overseeing the crypto markets is on the way to her panel's fellow members this week, the committee's top Republican said his meetings with the digital assets industry indicate that...
Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana
10.5.2024
In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African Crops Limited and Oldenburg Vineyards. Agridex...
Solana-Based Marketplace AgriDex Raises $5M to Tokenize Agricultural Industry
9.5.2024
AgriDex brings agricultural commodities onto the blockchain by allowing crops to be bought on its marketplace with finalized deals backed by non-fungible tokens (NFTs)
Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts
20.2.2024
China’s Shenzhen has introduced a new era of automotive purchasing with digital yuan smart contracts, offering enhanced pre-payment security for car buyers in collaboration with Agricultural Bank of China.
The post Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts appeared first...
Iran to Increase Penalties for Unauthorized Cryptocurrency Mining
19.4.2022
Iran has drafted new rules to increase penalties for illegal cryptocurrency mining in the country, including additional fines and imprisonment. “Any use of subsidized electricity intended for households, industrial, agricultural, and commercial subscribers for mining cryptocurrency...
Santander to Offer Loans Backed by Agricultural Commodity Tokens
10.3.2022
Santander is developing the possibility of offering loans backed by tokens that are collateralized in agricultural products. The bank has partnered with Agrotoken, a company that launched a series of agricultural commodity tokens already being used in agriculture-related markets to make...
Venezuela’s Maduro Wants to Offer Crypto-Based Loans to Agricultural Producers
4.8.2021
Nicolas Maduro, president of Venezuela, stated the country could offer cryptocurrency-based loans to the agricultural sector, in addition to the traditional loans in several fiat currencies. He also stated that Venezuela has worked with petro and other cryptocurrencies for three years, pioneering...
New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices
21.6.2021
Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices...
State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs
12.1.2021
The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. ATMs Will Work With a Smartphone App According to...
DeFi’s ‘Agricultural Revolution’ Has Ethereum Users Turning to Decentralized Exchanges
30.6.2020
Decentralized exchanges (DEXs) are seeing more action than ever thanks to a surge in decentralized finance (DeFi) activity
Oxfam’s Blockchain-Based Agricultural Insurance Pays Farmers in Sri Lanka
5.11.2019
Oxfam announced the success of its blockchain-based delivery system of microinsurance to farmers in Sri Lanka
Ant Financial Partners with Monsanto Owner on Agricultural Blockchain
26.9.2019
Alipay operator Ant Financial partners with Monsanto owner Bayer on blockchain solution for the crop industry
PR: Uruguayan President Meets With the Founder of SCRY
2.8.2019
Uruguay, nicknamed South America’s Switzerland, has always taken a positive attitude towards the development of science and technology and information economy as well as science and technology services, thus becoming the first Latin American country to step into 5G information this year. Miss...