Brazilian State-Owned Bank Funds Documentary via Its Own Ethereum-Based Token

Brazil’s National Bank for Economic and Social Development will finance the production of a documentary using its BNDES token. A Brazilian state-owned bank is reportedly funding a documentary film through its own ether-based stablecoin, Cointelegraph Brazil reports on June 3. Brazil’s National Bank for Economic and Social Development (BNDES) will finance the production of a […]

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Hodler’s Digest, May 27–June 2: Top Stories, Price Movements, Quotes and FUD of the Week

Kik has launched a Defend Crypto campaign, while Facebook’s crypto coin could face some demographic challenges. Coming every week, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph […]

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OKEx Says Crypto Is the Future of Money for Consumers in Unstable Economies

sponsored A crypto exchange offers conversions from seven fiat currencies to reach a global audience. One of the world’s biggest crypto exchanges by trading volume believes digital currencies can provide financial freedom to consumers in countries where instability and inflation are making fiat payments impractical. In the world of digital technology dominance, traditional global financial […]

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Brazilian Banks to Implement New HyperLedger-Powered Digital ID Platform

Brazilian banks will be implementing a new standardized blockchain identity solution powered by Hyperledger Fabric. Brazilian banks will be implementing a new standardized blockchain identity solution powered by the Hyperledger Fabric-platform, Cointelegraph Brazil reported on June 2. The identity solution — co-developed by IBM and the country’s central bank, CIP — is reportedly to be […]

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UK-Based Crypto Mining Firm Argo Upgrades Q2 2019 Forecast Due to Market Rally

London-based cryptocurrency mining firm Argo Blockchain has significantly upgraded its 2019 second quarter forecast. London-based cryptocurrency mining firm Argo Blockchain has significantly upgraded its 2019 second quarter forecast in light of the crypto market upturn. The news was reported by Alliance finance and stock market news agency for London South East on June 3. Following […]

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FT: US Regulator CFTC in Talks With Facebook Over Rumored Crypto Plans

Comments from the regulator’s chairman, J. Christopher Giancarlo, suggest an active relationship between the two parties is forming. United States regulator the Commodity Futures Trading Commission (CFTC) is in talks with Facebook about its upcoming stablecoin launch, the Financial Times (FT) reported on June 2. Citing chairman J. Christopher Giancarlo, the publication revealed that Facebook […]

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