BMW is increasingly embracing blockchain. The company’s seriousness about the technology once again finds expression when they hosted Mobility Open Blockchain Initiative (MOBI) in their Munich IT center.
Giant automakers form blockchain consortium
There’s a now a blockchain consortium for the automobile sector. The Mobility Open Blockchain Initiative (MOBI) has been formed, with participation from giant automakers BMW, Ford, General Motors (GM), and Renault. The automotive sector is clearly the next frontier for…
BMW partners with blockchain start-up to source ethically sourced Cobalt
German automobile giant BMW is working towards eliminating Cobalt produced by child labor from their batteries. They have partnered with Circulor, a London, UK-based blockchain start-up for this project. Majority of companies manufacturing electronic and electric vehicles need a large…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
