Tech giant IBM has been awarded a patent for a mobile data sharing method that involves a distributed ledger. Tech giant IBM has been awarded a patent for a mobile data sharing method that uses distributed ledger technology (DLT), according to documents published by the United States Patent and Trademark Office (USPTO) on April 23. […]
Continue Reading
French specialized credit institution Societe Generale SFH has issued a 100 million euro bond as a security token on the Ethereum blockchain. French specialized credit institution Societe Generale SFH issued a 100 million euro ($112 million) bond as a security token on the Ethereum (ETH) blockchain. The company announced the development on its website on […]
Continue Reading
Head of digital market assets at Credit Suisse, Emmanuel Aidoo, has said that bankers’ desire to keep the status quo is holding back the adoption of blockchain technology. Head of digital market assets at Credit Suisse, Emmanuel Aidoo, said that the desire among financiers to maintain the status quo is holding back the adoption of […]
Continue Reading
Back in March 2019, the CoinBene cryptocurrency exchange denied that it suffered a hack but claimed to be undergoing maintenance, despite losing 109 ERC-20 tokens worth about $105 million. Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns […]
Continue Reading
Crypto wealth management and lending company BlockFi now has over $53 million in client crypto assets under management. BlockFi crypto wealth management and lending company now has over $53 million in client crypto assets under management. BlockFi announced the update in a blog post on April 23. In the announcement, BlockFi also states that it […]
Continue Reading
Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine. Major United States-based cryptocurrency exchange Coinbase shut down its Chicago office and scaled down the development of its matching engine, Fortune reports on April 23. Per the report, the exchange will consolidate the high-frequency trading […]
Continue Reading
Masayoshi Son reportedly lost over $130 million with his bitcoin investment, according to the Wall Street Journal. Japanese billionaire and founder of multinational conglomerate SoftBank Group, Masayoshi Son, reportedly lost over $130 million with his bitcoin (BTC) investment, the Wall Street Journal reports on April 23. Per the report, people familiar with the matter claim […]
Continue Reading
The University of Nevada, Reno’s Intelligent Mobility will work with blockchain firm Filament to develop an autonomous vehicle smart city project. A project at the University of Nevada, Reno is developing a new blockchain-powered autonomous vehicle project, according to a press release published on April 23. The Intelligent Mobility project, coordinated by the University of […]
Continue Reading
As the IMF and the bosses of central banks gather to talk digital money, concerns of stability and institutional trust dominate the discussion. The custodians of global financial order have been prominent in crypto news recently. The weekend kicked off with the announcement of the International Monetary Fund (IMF) joining forces with the World Bank to launch […]
Continue Reading
The trading platform says approval from the Office of the Comptroller of the Currency would be a first step to launching a full-service bank. Stock and crypto trading platform Robinhood has applied for a bank charter with regulators in the United States, S&P Global Market Intelligence reported on April 19. According to a statement, Robinhood says securing approval […]
Continue Reading