Canadian Bank Set to Launch Uncheckable ‘Deposit Box’ for Cryptocurrency

A subsidiary of Canadian bank VersaBank has completed beta testing of its new solution, which targets exchanges and crypto funds as clients. A subsidiary of Canadian financial institution VersaBank confirmed it had finished beta testing of a “digital vault” for storing cryptocurrency in a press release Nov. 8. VersaVault, which announced its so-called “digital safety […]

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Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation

Canada-based blockchain and crypto company DMG Blockchain Solutions has energized most of its 85 megawatt crypto mining facility in British Columbia. Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8. DMG states that the facility will start at 60 megawatts, and […]

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Binance Launches Research Wing to Create ‘Institutional-Grade’ Research Reports

Leading crypto exchange Binance has announced the launch of its new analysis division to prepare “institutional-grade” research reports within the cryptocurrency space. The largest cryptocurrency exchange, Binance, has launched an analysis division to conduct  “institutional-grade” research reports, according to an announcement published Nov. 8. Binance’s new analysis division, Binance Research, is set to prepare institutional-grade […]

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JP Morgan Identifies Three Companies Whose Stock Could Benefit From Blockchain

Investment bank J.P. Morgan Chase has named three companies whose stock could benefit from their deployments of blockchain technology. Investment bank and financial services firm J.P. Morgan Chase has identified three public companies whose stock it believes will benefit from their applications of blockchain technology, CNBC reported Nov. 8. In a note to clients, J.P. […]

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US SEC Charges, Fines EtherDelta Founder with Operating Unregistered Securities Exchange

U.S. securities watchdog charges Zachary Coburn, founder of crypto trading platform EtherDelta, with operating an unregistered exchange. The U.S. Securities and Exchange Commission (SEC) has charged Zachary Coburn, the founder of crypto token trading platform EtherDelta, with operating an unregistered securities exchange, a press release by the SEC reveals Thursday, Nov. 8. EtherDelta, which served […]

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Nine Leading Shipping Operators Launch Global Business Network Based on Blockchain

The new shipping blockchain alliance includes nine of the world’s leading companies within the industry of shipping logistics and operations. Nine major terminal operators and shipping companies have signed a Memorandum of Understanding (MoU) to launch an open digital platform based on distributed ledger technology (DLT), The Maritime Executive, a major industry source for maritime […]

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