Proof-of-stake blockchain NEM (XEM) is preparing for a token migration in December alongside the public launch of the Symbol (XYM) blockchain. Speaking to Cointelegraph, NEM Group CIO and NEM Ventures managing director, Dave Hodgson, revealed that Symbol will host at least two products at launch. Symbol will host the Wave Financial Whiskey Fund, which offers a tokenized representation of ownership in 25,000 barrels of 2020-vintage bourbon worth more than $4 million. The platform will also host LBCOIN, collectible crypto assets that commemorate Lithuania’s 1918 declaration of independence issued by the country’s central bank. Both products were previously hosted on NEM. …
Every week sears a new image of climate change into our collective consciousness. A few decades ago, we heard about ozone holes and ice melting at slightly higher rates than anticipated. Today, the reminders of climate change are more visceral and immediate: California’s hills and forests burn, Venice’s city council chamber floods, and Iceland holds a funeral for a glacier. The United Nations held a global Climate Summit at the end of September last year, though there were real disappointments — with the United States notable for its silence. Political and business leaders alike agreed that more needed to be …
Sections of the NEM (XEM) community were in uproar this week after NEM Foundation President Alexandra Tinsman announced her intention to take a 6-month paid sabbatical. Tinsman’s decision to step back from the day-to-day running of the foundation was motivated partly by serious health issues, she revealed to Cointelegraph. However, some NEM supporters weren’t sold on the idea of their leader taking a 6-month paid holiday after just over a year in the job. NEM restructures operations The NEM Foundation announced on April 8th plans for a large-scale restructuring of the project’s operations. That includes plans to pull three separate …
Disclaimer: This article was updated on Feb. 16 upon the launch of the NEM community’s vote on a proposal for a funding request. As part of the closing statements in an open announcement to the NEM community, the NEM Secretarial Office, which represents the voice of the NEM Foundation’s executive committee and council, said in “one final message for all” that the NEM Foundation community members knew before “is gone.” The announcement was made in an effort to stay true to their commitment of transparency and pulled back the curtain on a number of sensitive issues, including an acknowledgement that …
NEM Foundation in Argentina has signed a memorandum of understanding with a local trade union of journalists. The goal of the agreement is to develop a blockchain-powered solution for copyright protection, Cointelegraph in Spanish reported Saturday, Jan. 5. The memorandum signed with CISPREN — the journalists’ trade union of the city of Cordoba in central Argentina — also implies the development of a Proof-of-Concept for the project. CISPREN hopes that blockchain can solve different issues associated with the protection of intellectual property rights, such as content theft, failure to pay royalties and others. CISPREN’s press-secretary German Guismondi told Cointelegraph that …