BlackCoin(BLK)

BlackRock (BLK) has added five additional authorized participants (APs) to the iShares Bitcoin Trust (IBIT), bringing the total number to nine as the fund continues to attract billions of dollars of inflows from investors.

Asset manager BlackRock (BLK) turned some heads earlier this week when an updated prospectus for its spot bitcoin ETF application included a disclosure that it had collected $100,000 in seed capital for the fund.

[PRESS RELEASE – New York, New York, October 4th, 2023] BLK DNM releases the first ‘connected fashion’ garments as part of FW 2023  72 leather jackets embedded with blockchain-enabled ‘digital garment IDs’ herald an era of intelligent, responsible fashion. The tech grants each item a unique identity for authentication, membership to BLK DNM Society and […]

BLK DNM releases the first ‘connected fashion’ garments as part of FW 2023

Bitcoin (BTC) is the first and largest cryptocurrency by market cap. However, the cryptocurrency landscape has greatly evolved since its creation in 2009. And Bitcoin Spark (BTCS), a new crypto project with a real-world product, is challenging Bitcoin’s supremacy by paving the way for a new era of cryptocurrency use cases. Bitcoin news BlackRock (BLK) […]

The United States Federal Reserve has officially launched its new instant payment system dubbed FedNow. The launch comes as the Federal Reserve looks to modernize and streamline the United States’ payment system. Research on financial systems has been ongoing since 2021 FedNow enables instant payment between users and banks and boasts of its 24/7/365 operations. Users will have full access to their funds and also do not have to pay anything to join the service. The Federal Reserve expects the service to speed up the flow of money throughout the country. According to the FedNow’s own website, the initial launch will simply focus on “core clearing and settlement capabilities” and additional features will be launched in phases, depending on industry demands and changes in technology. As more banks and credit unions adopt the service, users and businesses can expect more benefits. As of writing, early adopters of the service include big banks like JPMorgan Chase, Wells Fargo, and BNY Mellon. While this development is of course a net positive for everyday users, the launch of FedNow raises a glaring question, especially regarding the United States’ own financial system. There are already existing systems like Venmo, Paypal or even The Clearing House’s Real-Time Payments (RTP) Network that enable instant payments. So the question becomes what is FedNow really for? And what comes next after FedNow? Although the Federal Reserve has said that FedNow will not be used as a springboard to the launch of the United States’ own central bank digital currency (CBDC), this has not stopped the cryptocurrency community from speculating and worrying. If the Federal Reserve, and by extension the United States government, is serious about digital currencies, then it should also relax the current hostile environment to cryptocurrency enablked by none other than the Securities and Exchange Commission (SEC). The SEC, at the helm of Gary Gensler, has been on a warpath against cryptocurrency platforms with its unflinching stance that all crypto assets (save for Bitcoin) are securities. Notably, there is the recent issue of the BRICS (Brazil, Russia, India, China, South Africa) bloc developing its own CBDC patently as a rival to the U.S. dollar. The United States is currently at a crossroads and the next big move after FedNow will be crucial not just to the everyday user but the entire world’s monetary system. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The CEO of $8.5 trillion asset manager BlackRock (BLK) said "more and more" gold investors have been asking about the role of crypto over the last five years.

BlackRock (BLK) CEO Larry Fink said crypto, specifically bitcoin (BTC), could revolutionize the financial system in an interview with Fox Business on Wednesday.

Blackrock’s (BLK) iShares Bitcoin Trust application to the U.S. Securities and Exchange Commission (SEC) this week might stand a better chance than previous attempts by other fund managers thanks to the promise of a “surveillance-sharing agreement” between exchanges.

[PRESS RELEASE – Stockholm, Sweden, June 15th, 2023] BLK DNM bridging the Physical and Virtual Worlds of Fashion through Blockchain Innovation Swedish-American fashion brand BLK DNM today unveils the first-ever example of connected fashion (garments that exist both physically and virtually, each aspect ‘twinned’ via technology) with the launch of BLK DNM Society and integration […]

Stockholm, Sweden, June 15th, 2023, ChainwireBLK DNM bridging the Physical and Virtual Worlds of Fashion through Blockchain InnovationSwedish-American fashion brand BLK DNM today unveils the first-ever example of connected fashion (garments that exist both physically and virtually, each aspect ‘twinned’ via technology) with the launch of BLK DNM Society and integration of blockchain-powered hardware and software into its products.BLK DNM Society, built on tech designed by blockchain innovator and BLK DNM owner ChromaWay, will grant each garment a unique and recordable identity in both the physical and virtual worlds, while also rewarding ethical behaviour and granting brand influence to owners.Blockchain-powered ‘digital garment ID’ microchips will give each item a unique identity and record of its historyChips form the hardware element of BLK DNM Society, which launches in tandem and rewards responsible behavior and ownershipTech will first appear in BLK DNM’s FW 2023 collectionThe Hardware: Digital Garment IDsFuture BLK DNM clothing will be fitted with a ‘digital garment ID’ - an undetectable chip that gives each physical item a unique and recordable identity. Some of the first features of the digital garment IDs will include:Authentication of the garment as genuine, eliminating fakes and counterfeitingRewarding responsible behaviours of treasuring and caring for clothing long-term, such as refurbs and second-hand purchasesRecording each individual garment's unique history - owners, events and places worn, repairs and alterations - enabling the item to accrue emotional and monetary value over timeActing as a digital ticket for entry to eventsAccess to and voting rights within BLK DNM SocietyBLK DNM SocietyThe digital garment IDs are the first hardware elements of BLK DNM Society, which launches in tandem. The first example of connected fashion, BLK DNM Society is a community of BLK DNM owners, connected virtually by their physical items, who are rewarded for responsible behaviours and are granted voting rights on key brand decisions based on item ownership - thereby beginning the first ever process of decentralising a fashion brand’s stewardship.Each digital garment ID will create a ‘digital reflection’ of the physical garment: a twin in the virtual world where the physical item’s history and place within BLK DNM Society is recorded. The digital reflection can also be worn in the metaverses, catering especially to younger generations whose identities in virtual worlds are equally as important as in the physical.FW 2023Digital garment IDs will be revealed at BLK DNM’s FW event in Paris on June 21st. For this first collection, the chips will be embedded in only leather items, with subsequent collections introducing more items to BLK DNM Society through embedded blockchain-enabled hardware.Henrik Hjelte, CEO and Co-founder of ChromaWay, comments: “This is totally futuristic. Nothing like this has been attempted in fashion before. It’s very exciting for us, after much hard work, to see our technology elevating one of fashion’s iconic brands into something completely unique. This has the potential to transform people’s relationships with the clothes they wear and the brands they buy. No longer does the relationship with the customer end at the checkout. And each beautiful garment now becomes its own living, evolving piece of history.”Toni Collin, CEO of BLK DNM, and Henrik Hjelte, CEO and Co-founder of ChromaWayToni Collin, CEO of BLK DNM, comments: “BLK DNM’s philosophy is one of community, and our clothing is designed, through both its craftsmanship and timeless aesthetic, to be treasured and passed down through generations - the antithesis of irresponsible fast fashion. Now, with the introduction of BLK DNM Society and the first embedded hardware in our garments, we take those two pillars to a revolutionary new level. By embedding intelligence in every item, we hope we can inspire our industry to join us in using connected fashion to do better.”About BLK DNMBLK DNM is a Swedish-American fashion brand that specialises in timeless tailoring, leather, and denim of extraordinary quality. Following its 2023 relaunch as an entry-luxury fashion house under the stewardship of new Creative Director Jessy Heuvelink, BLK DNM’s focus on both enduring craftsmanship and aesthetic timelessness encourages customers to love and treasure each item for decades and across generations.About ChromaWayChromaWay is an industry leader in blockchain technology and specializes in creating and deploying cutting-edge, scalable blockchain solutions for both businesses and governments. The company, which was established in 2014 and has its headquarters in Stockholm, Sweden, has been at the forefront of driving the widespread adoption of blockchain technology. Its flagship product, relational blockchain Chromia, enables developers to build decentralized applications (dApps) with a relational database model that offers unprecedented scalability and flexibility.ContactFati [email protected]

[PRESS RELEASE – Stockholm, Sweden, June 7th, 2023] ChromaWay to Integrate Blockchain Capabilities into BLK DNM, Pioneering Connected Fashion, and Inspiring Responsible Industry Behaviors Stockholm’s headquartered blockchain technology company ChromaWay today reveals its acquisition of the iconic Swedish-American fashion brand BLK DNM. The acquisition aligned with the recent relaunch of BLK DNM as a modern, […]

Stockholm, Sweden, June 7th, 2023, ChainwireChromaWay to Integrate Blockchain Capabilities into BLK DNM, Pioneering Connected Fashion, and Inspiring Responsible Industry BehaviorsStockholm's headquartered blockchain technology company ChromaWay today reveals its acquisition of the iconic Swedish-American fashion brand BLK DNM.The acquisition aligned with the recent relaunch of BLK DNM as a modern, community-driven fashion house. It marks ChromaWay’s first acquisition of an established company for the purpose of implementing real-world decentralization: i.e., creating positive behavioral change, fairer access, and more control by users within traditional industries.ChromaWay’s blockchain capabilities will be integrated into BLK DNM’s strategy and products, the first meaningful use of the tech in fashion.In pioneering ‘connected fashion,’ BLK DNM will seek to inspire more responsible behaviors in the industry.First tech innovations will be announced ahead of BLK DNM’s F/W 2023 collections revealFirst innovations to be revealed in BLK DNM’s F/W 2023:ChromaWay’s blockchain capabilities will be integrated in a revolutionary way into both BLK DNM’s brand and products. BLK DNM will consequently become a pioneer of ‘connected fashion’ - the use of technology to create community and responsibility within fashion - heralding the first significant use of blockchain tech in an industry yet to be meaningfully impacted by Web3 technologies.BLK DNM will reveal the first tranche of technological innovations built on ChromaWay’s ‘Chromia’ relational blockchain in the coming weeks. This will include software- and hardware-based innovations built into BLK DNM’s F/W 2023 collections, underpinned by the ethical and communal concept of ‘connected fashion.’Toni Collin, CEO of BLK DNM, and Henrik Hjelte, CEO and Co-founder of ChromaWayHenrik Hjelte, CEO and Co-founder of ChromaWay, comments: “BLK DNM is a brand with an ethical mission and decentralization in its soul - it’s something of a borderless community already. It was a natural fit for our aspirations to transform the fashion industry through innovation. BLK DNM’s imminent tech rollout will illustrate the power of our blockchain capabilities to create true behavioral change in an industry that has hitherto struggled to control its problematic environmental impact and embrace progress.”Toni Collin, CEO of BLK DNM, comments: “Our industry must start looking toward innovation: fast fashion’s environmental impact is totally unacceptable, and at the same time, as the world becomes more digitized, the concept of community is changing. That’s why BLK DNM joining ChromaWay is so exciting. The potential of this technology to create genuine change in fashion is evident, but no one else in the industry is using it in a meaningful way yet. Together, BLK DNM and ChromaWay are building something truly unique and groundbreaking. We will be able to reveal the first innovations very soon.”About ChromaWayChromaWay is an industry leader in blockchain technology and specializes in creating and deploying cutting-edge, scalable blockchain solutions for businesses and governments. The company, established in 2014 and headquartered in Stockholm, Sweden, has been at the forefront of driving the widespread adoption of blockchain technology. Its flagship product, relational blockchain Chromia, enables developers to build decentralized applications (dApps) with a relational database model that offers unprecedented scalability and flexibility.About BLK DNMBLK DNM is a Swedish-American fashion brand that specialises in timeless tailoring, leather, and denim of extraordinary quality. Following its 2023 relaunch as an entry-luxury fashion house under the stewardship of new Creative Director Jessy Heuvelink, BLK DNM’s focus on enduring craftsmanship and aesthetic timelessness encourages customers to love and treasure each item for decades and across generations.ContactFati [email protected]