On Tuesday, the cannabis firm Synbiotic SE, a publicly-traded company in Germany that’s listed on the Frankfurt Stock Exchange and Xetra, has announced it is leveraging bitcoin to hedge against the euro. Synbiotic’s chief executive officer, Lars Müller explained that the company decided to hedge with the leading crypto asset in order to protect the […]
Category: cannabis
German cannabis company hedges with Bitcoin in case euro crashes
SynBiotic SE cites “legitimate concern” about a “massive devaluation of fiat money.”
Rhode Island introduces ‘vital’ blockchain growth act
A new Rhode Island House bill aims to revamp state legislature to create a regulatory environment more conducive to “vital” blockchain growth.
Federal reform could transform crypto’s cannabis use case
As senators call for an end to the federal prohibition of marijuana, how would it affect the crypto-cannabis connection that’s arisen in the weed industry’s banking blindspot?
Cannabis Dealer Forfeits $3 Million in Bitcoin — 6,000 More BTC Still Missing
A cannabis dealer has forfeited bitcoins worth about $3 million after they were seized by the Irish Criminal Assets Bureau. However, a bigger stash of 6,000 bitcoins belonging to him, worth about $200 million at the current price, are still inaccessible to the bureau. Irish Authority Sold Seized Bitcoin Cannabis dealer Clifton Collins has forfeited […]
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Fractional stocks go to pot as FTX lists tokenized cannabis shares
FTX is “weeding out the competition” with its new selection of tokenized stocks.
Televend’s Complex System of Telegram Drug Bots Swell as German Police Seize 9 Telegram Drug Channels
During the last few months following the departure of the infamous Empire darknet market (DNM), a great number of DNM users have been flocking to alternative vendors. More recently, a new bot service on Telegram called Televend has been attracting tens of thousands of users and the service has grown colossal since it was first […]
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A System of Robot Drug Dealers on Telegram Allows People to Buy Illegal Products for Bitcoin
There’s a new avenue darknet market (DNM) customers have found that allows them to purchase illegal wares 24 hours a day via a robot drug dealer hosted on Telegram. The platform dubbed ‘Televend,’ is an automated software program that peddles illicit narcotics for people paying with bitcoin and during the last few months, the complex […]
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Blockchain Tracing the Cannabidiol Supply Chains Will Help Define Legal Standards
Policymakers in Europe and the U.S. are pushing to use blockchain technology to ensure a safer, regulated cannabis market.
Europe’s New ‘Seed-to-Shelf’ Cannabidiol Blockchain Tracking Tool
The Cannabinoid Association of the Netherlands has unveiled a blockchain-based CBD tracker for customers to trace a product’s journey from seed-to-sale.