Kakao’s blockchain arm Ground X is reportedly in talks with one Chinese and one South Korean exchange for listing its native coin Klay. South Korean internet giant Kakao is reportedly planning to list its cryptocurrency Klay on a Chinese crypto exchange and one local exchange. Kakao might have trouble listing Klay in Korea According to […]
Continue Reading
Mahindra Group subsidiary Tech Mahindra partnered with DLT startup Adjoint to launch a blockchain financial management and insurance solution. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, partnered with American distributed ledger technology (DLT) firm Adjoint to launch a blockchain financial management and insurance solution. Telecommunications industry news outlet CommsMEA reported on Sept. […]
Continue Reading
Bitcoin is attempting a bounce. Will it sustain and resume the uptrend? Let’s analyze the charts. The total market capitalization of cryptocurrencies has again bounced from just below the $250 billion mark, which is a positive sign. This level has repeatedly provided support in the past three months. It shows that investors are using dips […]
Continue Reading
Thai SEC-regulated crypto exchange Bitcoin Co. Ltd. announced it is closing down its trading operations and that clients should withdraw their assets. Thailand’s leading cryptocurrency exchange Bitcoin Co. Ltd. (BX.in.th) is closing down all of its trading operations. The exchange announced its decision to discontinue trading on Sept. 2. The official website of the exchange […]
Continue Reading
Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. As Reuters reported on Sept. 2, HSBC […]
Continue Reading
Japanese cryptocurrency exchange Liquid has revealed the digital wallet address holding the proceeds from its Gram token sale. Japanese cryptocurrency exchange Liquid has revealed the digital wallet address holding the proceeds from the Gram token sale it conducted in July. In an Aug. 30 announcement, Liquid disclosed the public blockchain wallet address that now keeps […]
Continue Reading
A Washington D.C. advisory firm is urging the U.S. Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act. The Financial Integrity Network (FIN) — a Washington D.C.-based advisory firm — has urged the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA). Virtual asset […]
Continue Reading
After a slump earlier this week, the Bitcoin price has again crossed the $10,000 mark in this recent rally. The Bitcoin (BTC) price has rallied over the past few days and has again crossed the $10,000 threshold. Bitcoin 7-day chart. Source: Coin360 On Aug. 28, Bitcoin dropped $600 in the course of a half-hour, sinking […]
Continue Reading
Cryptocurrencies could solve some of the internet’s biggest challenges, according to Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz. Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz, said that cryptocurrencies could solve some of the internet’s biggest challenges. According to a report by The Wall Street Journal on Sept. 1, Andreessen made his […]
Continue Reading
The president of Sierra Leone said that the government is planning to introduce a blockchain-based ID system by the end of 2019. The government of Sierra Leone plans to fully adopt a blockchain-enabled national identity system by the end of 2019. United Nations involved President of Sierra Leone Julius Maada Bio reportedly revealed the news, […]
Continue Reading