Calastone announced that it switched its entire system for fund trade clearing services to its blockchain infrastructure. London-based global funds network Calastone announced that it switched its entire system for fund trade clearing services to its blockchain Distributed Market Infrastructure (DMI) in a press release published on May 20. Per the release, the migration of […]
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The mayor of Seoul claimed that Seoul authorities plan to use blockchain in the integrated authentication system for citizen cards. The South Korean city of Seoul will implement blockchain technology in its citizen cards, Korean publication Queen.co.kr reports on May 20. Park Won-soon, the mayor of Seoul, has participated in the ongoing event “Korea Future […]
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Ripple’s CEO has argued that the biggest banks have a strong reason to embrace crypto and blockchain innovation. Ripple CEO Brad Garlinghouse has argued that the biggest banks have a strong reason to embrace crypto and blockchain innovation, despite the apparent threat it poses to their current oligopoly. The CEO made his remarks during an […]
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The Japanese government’s attempts to halt crypto gambling can only last so long, industry experts say. Despite Japan’s reputation for being one of the most welcoming nations for fintech, online crypto gambling has struggled to take off in light of the country’s strict regulation. In late March, the blockchain-based, decentralized application (DApp) platform Tron announced […]
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Senior executives acknowledged the technology is not yet superior for its purposes, while remaining optimistic about development. A senior executive from American delivery services company FedEx is unconvinced about the benefits of blockchain technology in its present form, Memphis-based local news outlet Commercial Appeal reported on May 20. In a new interview, the firm’s dedicated […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin has fallen below the $7.900 mark again. Monday, May 20 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) has fallen below the $7.900 mark again. Market visualization courtesy […]
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The CEO of the blockchain bourse, Alexander Wallin, hopes SprinkleXchange will list as many as 1,000 companies in the next four years. SprinkleXchange, a blockchain-powered initial public offering platform, is preparing to list its first company in June, Bloomberg reported on May 17. According to Alexander Wallin, the bourse’s CEO, it is hoped that up […]
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In a tweet, Tom Lee shared 13 signs that the crypto winter is over — suggesting that industry growth may be here to stay. Fundstrat Global Advisors co-founder Tom Lee has claimed that the crypto winter is over in a tweet on May 19. In the message, Lee said last week’s Consensus conference in New York City was the […]
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Centralized crypto exchanges saw a major uptick in traded volume this April, with a solid 85% overall increase among top fiat-to-crypto platforms. Centralized cryptocurrency exchanges saw a major uptick in traded volume this April, the new April 2019 Exchange Review from crypto data provider Cryptocompare has revealed on May 20. Among top fiat-to-crypto platforms, monthly […]
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Dutch bank ABN AMRO abandoned its plans to launch a custodial bitcoin wallet dubbed “Wallie” because of risk concerns. Dutch bank ABN AMRO abandoned its plans to launch a custodial bitcoin (BTC) wallet dubbed “Wallie” because of risk concerns, according to a report published on May 20 by tech news outlet The Next Web. Per […]
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