Crypto exchange traded products prove divisive, as the SEC mulls over its latest landmark decision. On Nov. 16, Switzerland’s primary stock exchange, SIX Swiss Exchange, announced that it will list the world’s first multi-crypto-based exchange-traded product (ETP). Exchange-traded products (ETP) are derivatively priced securities that are traded on a national securities exchange. Their pricing derives […]
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26 French companies along with five banks have successfully completed a blockchain-enabled KYC trial with R3 consortium. 26 French companies and five major banks have completed a Know Your Customer (KYC) test based on blockchain, according to a press release by the entrant firm RCI Bank and Services released Dec. 3. RCI Bank and Services, […]
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Seven major healthcare companies from the U.S. have established an alliance to trial blockchain solutions. Major U.S. healthcare companies have formed an alliance to trial blockchain solutions in order to improve data quality and reduce costs, U.S. weekly news outlet Modern Healthcare reports Monday, Dec. 3. The Synaptic Health Alliance group consists of Humana, Multiplan, […]
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American car manufacturing giant General Motors (GM) has filed a blockchain patent for a solution to manage data from autonomous vehicles. American car manufacturing giant General Motors (GM) has filed a blockchain patent for a solution to manage data from autonomous vehicles. The patent application was published by the U.S. Patent and Trademark Office (USPTO) […]
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Kakao is close to completing the private sale of its cryptocurrency called Clay, raising $300 million. Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay. In March, Kakao […]
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Stalwart if controversial Bitcoin community subreddit “/r/Bitcoin” has hit the one million subscriber mark. Stalwart Bitcoin (BTC) community subreddit “/r/Bitcoin” has hit the one million subscriber mark, according to a post from moderator “ibelite” Dec. 2. One of the most well-known online Bitcoin communities, /r/Bitcoin was founded in September 2010, almost two years after the […]
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Starteos has pledged to reward users financially with the implication they would vote for it as an EOS Block Producer. Yet another aspect of blockchain protocol EOS has sparked controversy this week after one of its 21 block producers appeared to offer its token holders financial rewards for voting it as a proxy. Starteos, one […]
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London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain. London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain this May, Reuters UK reports today, Dec. 3. Calastone processes mutual fund trades for over 1,700 financial companies, including JPMorgan Asset […]
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A Saudi-based development bank subsidiary will develop various blockchain products for the Islamic banking sector. Saudi Arabian developmental institution the Islamic Development Bank Group (IsDB) has partnered with a Tunisian startup to develop interbank blockchain tools, a press release confirmed Nov. 29. IsDB, which will conduct the project through its private sector subsidiary, the Islamic […]
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While the top 20 cryptocurrencies are mostly in the red, Bitcoin has been holding above $4,000. Sunday, Dec. 2: the top 20 cryptocurrencies are mostly in the red, according to data from Coin360, after a modest recovery yesterday, Dec. 1. Despite the mild losses, Bitcoin (BTC) is still holding just above the $4,000 mark. Market […]
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