Hackers steal an estimated $59m from Japanese crypto exchange Zaif

Source: Mark Jones, Blockchain Technology News Hackers have stolen an estimated $59m (£45m) from Japanese cryptocurrency exchange Zaif, according to an official released by parent company Tech Bureau Corporation. The hack is believed to occured on September 14, but evidence was only found on September 17 following an investigation into disruptions to the exchange’s deposit […]

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Asset co-ownership platform TEND tokenises racehorse syndicates

Source: Mark Jones, Blockchain Technology News If you ever dreamed of owning a racehorse, a new partnership from Swiss-based investment platform TEND might well be up your street. Specialising in facilitating the tokenised co-ownership of precious assets, TEND has joined up with Highclere Thoroughbred Racing Ltd (HTR) to offer the world’s first blockchain-based racehorse syndicate. […]

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Algebraix.io rebrands to Permission.io in further affirmation of blockchain for advertising

Source: James Bourne, Blockchain Technology News The rationale is an intriguing one. Consumers need trust in their advertising. Blockchain technologies focus on the aspect of trust. How can we marry the two? One company looking to focus on this is Permission.io. The company rebranded from Algebraix.io earlier this month to ‘reaffirm its commitment to create […]

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Chinese blockchain gaming platform Cocos-BCX lands $40m in new funding

Source: Mark Jones, Blockchain Technology News Chinese blockchain-based gaming platform Cocos-BCX has announced $40m in new funding from investors including Binance, Neo Global Capital and 500 Startups. The platform was created by the founders of Cocos2D-x, behind global mobile games titles including Angry Birds, Clash of King and Badlands. According to a press release, the […]

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Blockchain could lift trade finance by $1.1T, benefiting SMEs & emerging markets

Source: Mark Jones, Blockchain Technology News The use of distributed ledger technology (DLT) could lead to a $1T boost in trade finance available to small and medium-sized enterprises (SMEs) in emerging markets. That’s owed to its potential to mitigate credit risk, lower fees and remove barriers to trade, according to research by the World Economic […]

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