Bloomberg: Puerto Rico’s Noble Bank Reportedly Loses Clients Tether, Bitfinex, Seeks Buyer

Sources have told Bloomberg that Puerto Rico’s Noble Bank has lost Tether and Bitfinex as clients and is looking for buyers. Puerto Rico’s Noble Bank International, which is known for reportedly opening accounts for USD-backed token Tether and crypto exchange Bitfinex, is allegedly searching for a buyer, Bloomberg reports Thursday, October 2. Citing an unnamed […]

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South Korea’s Democratic Party Lawmaker Urges Authorities to ‘Open Up the Road’ to ICOs

South Korea’s Democratic Party lawmaker urges the state to “open up the road” to ICOs by easing regulations. A member of South Korea’s National Assembly has called on the state to “open up the road” to Initial Coin Offerings (ICO) by easing regulations, South Korean financial outlet Economy reports October 2. According to the article, […]

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Blockchain-Based Ad Startup to Refund Contributors if Development Milestones Aren’t Met

sponsored A blockchain-based digital advertising startup is launching a hybrid ICO model inspired by Vitalik Buterin’s DAICO, where contributors can receive refunds if milestones aren’t met. A digital advertising startup with the goal of “building a better internet” for web users, publishers and advertisers is embarking on the second round of its token offering – […]

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Italian Banking Association Completes First Test of Blockchain-Based Interbank System

A group of 14 Italian banks has successfully completed the initial stage of its blockchain-powered interbank system project. The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported September 29. By applying distributed ledger technology (DLT), the group of 14 […]

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Korea’s Largest VC Firm Makes First Investment in Enterprise Blockchain Startup

KIP is known for its investments in high-ranking firms, including Naver and Kakao. South Korea’s largest venture capital (VC) firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, TEMCO, according to an October 1 press release. KIP is known for its investments in high-ranking firms that include Naver — Korea’s largest search […]

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Ripple’s xRapid Payments Solution is Now Commercially Available

Ripple’s cross-border transactions product xRapid is now available for commercial use. Ripple’s real-time settlement platform xRapid is now commercially available, according to an announcement published October 1. xRapid is a platform designed to speed up international payments, while eliminating the need for a pre-funded nostro account. The product purportedly sources liquidity from digital currency XRP […]

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Wallet Provider Blockchain.com Makes LinkedIn’s 2018 Top 25 UK Startup List

Nicolas Cary’s Blockchain.com wallet service has come in ninth place in this year’s Top 25 startups list by LinkedIn. LinkedIn has ranked cryptocurrency wallet provider and data firm Blockchain.com (formerly known as Blockchain.info) in its top ten most “sought-after” U.K. startup employers in new listings September 30. Part of a list featuring 25 UK-based startup […]

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