Remittance company SendFriend has received a $1.7 million investment from investors including Ripple, Mastercard Foundation, MIT Media Lab and Barclays. Remittance company SendFriend has received investments from Ripple (XRP), the Mastercard Foundation, MIT Media Lab and Barclays in a funding round, according to a press release published on Feb. 11. In the round, the firm […]
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A Russian cargo shipping firm deploys blockchain in more than ten ports across the country to increase overall capacity. Russian shipping logistics company Infotech Baltika will develop a blockchain-based system for the ports in which it operates, Russian maritime news outlet Morvesti reported on Feb. 11. To develop the blockchain-based solution, dubbed Edge.Port, the firm […]
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London-headquartered financial services firm Standard Chartered has signed an MoU with Tencent-backed Chinese firm Linklogis to use its blockchain platform. London-headquartered multinational banking and financial services firm Standard Chartered has signed a memorandum of understanding (MoU) with Tencent-backed Chinese fintech firm Linklogis. The agreement, reported by financial technology news site Finextra on Feb. 12, will […]
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SIM swapping has come into the spotlight in recent months after a number of high-profile arrests. Cryptocurrency crime trends have been in the spotlight in recent weeks, but SIM swapping has been strangely absent in a number of reports on 2018. Cryptocurrency analytics companies CipherTrace and Chainalysis released two different reports focusing on the major […]
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Morgan Creek Digital’s new major funding news follows CEO Anthony Pompliano’s endorsement of Bitcoin’s potential to avert a pension crisis. United States digital asset firm Morgan Creek Digital has secured $40 million in funding from investors that include two major pension funds, Bloomberg reported Feb. 12, citing a statement from the company. Morgan Creek Digital, […]
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“The emergence of crypto-assets may challenge any framework,” according to the Financial Stability Board. The growth of cryptocurrencies as an asset class “may challenge any framework” for financial stability, according to remarks from the chair of the Financial Stability Board (FSB) on Feb. 10. Speaking at a Bank of International Settlements’ (BIS) special governors meeting […]
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Crypto asset brokerage Voyager Digital — co-founded by the ex-CTO of Uber — has gone public on Canada’s TSX Venture Exchange. Crypto asset brokerage Voyager Digital — co-founded by the ex-CTO of Uber — has gone public on Canada’s TSX Venture Exchange. The news was announced in an official tweet from Voyager on Feb. 11. […]
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Together with Nvelop, South Korean exchange Bithumb plans to launch a regulated platform this year, according to local reports. South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The Financial News reported Feb. 12. The UAE-based platform is reportedly to be developed in partnership with […]
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Binance DEX will launch a public testnet on Feb. 20, with users invited to submit feedback. Cryptocurrency exchange Binance will launch a testnet version of its new decentralized exchange Feb. 20, CEO Changpeng Zhao confirmed on Twitter Feb. 12. Binance DEX, plans for which first emerged last year, aims to provide a decentralized basis for […]
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General Motors Financial is the most recent participant in Spring Labs’ Industry Partners Program. United States automotive giant General Motors (GM) has become the latest member to join blockchain startup Spring Labs’ partner project to enhance data security, the company confirmed in a press release Feb. 11. GM, which has experimented with the technology before, […]
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