The World Economic Forum announced a broad blockchain project: “Redesigning Trust: Blockchain for Supply Chains.” The World Economic Forum (WEF) has teamed up with over 100 global supply chain and logistics leaders to standardize blockchain apps in the industry, the organization announced on May 1. The WEF, a Switzerland-based organization whose motto is commitment to […]
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The South Korean financial regulator authorized nine companies, some of which use blockchain, to operate in the sandbox. The South Korean Financial Services Commission (FSC) has authorized nine fintech companies to operate in the country as part of a regulatory sandbox, English-language local media The Korea Times reported on May 2. Per the report, the […]
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The third deal in six weeks for Binance sees the platform attempt to make its regulatory stance watertight amid expansion. Cryptocurrency exchange Binance has partnered with blockchain monitoring solutions provider Elliptic to boost its regulatory compliance as part of its international expansion, industry news outlet CoinDesk reported May 2. As part of plans to ensure […]
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The Hong Kong-listed blockchain investor plans to enter the cannabis market to counter the adverse impact of the crypto winter. Hong Kong-listed contractor turned blockchain investor Grandshores Technology — backed by the Hangzhou municipal government — plans to enter the medicinal and industrial cannabis market in a bid to counter the adverse impact of crypto […]
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Silicon Valley-based venture capital firm and high-profile crypto investor Andreessen Horowitz has raised $2.75 billion for two new funds. Silicon Valley-based venture capital firm and high-profile crypto investor Andreessen Horowitz has raised $2.75 billion for two new funds, according to a company announcement published on May 1. The lion’s share of the new capital will […]
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London Stock Exchange CEO Nikhil Rathi believes that blockchain can find some use in securities issuance and trade settlement. The CEO of the London Stock Exchange (LSE), one of the world’s oldest stock exchanges, believes that blockchain could have a use in issuing securities and settlement. CNBC reported on the CEO Nikhil Rathi’s comments on […]
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Zhao Dong has revealed details of the company’s reported plans to launch a $1 billion initial exchange offering (IEO) in the coming days. Crypto exchange Bitfinex shareholder Zhao Dong has revealed details of the company’s reported plans to issue a native exchange token, which he claims will launch via a $1 billion initial exchange offering […]
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Around half of the 80 lobbying entities included bitcoin and/or blockchain in their areas of interest. Around 40 entities lobbied for bitcoin (BTC) and blockchain-related causes in the United States in Q1 2019, political news site Roll Call reported on April 30. Citing data from the Federal Electoral Commission, the publication stated that around half […]
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A linkup of the banks’ respective blockchain-based platforms enabled a payment without an intermediary. The central banks of Singapore and Canada have successfully used their blockchain networks to send each other digital currency, a joint press release confirmed on May 2. As part of the distributed ledger technology (DLT) projects being pursued by both banks, […]
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Cryptojacking malware Shellbot is now armed with new capabilities. The Shellbot cryptojacking malware has gone through an update and come out with some new capabilities, technology news website TechCrunch reported on May 1. Per the report, these findings come from Boston-based cybersecurity firm Threat Stack. The company claims that Shellbot, which was first discovered in […]
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