Samsung IT Subsidiary Releases New Version of Enterprise Blockchain Platform

Samsung SDS has released a new version of its enterprise blockchain platform. Samsung SDS, the IT subsidiary of international technology giant Samsung Group, has released a new version of its enterprise blockchain platform dubbed Nexledger Universal, according to a press release on April 24. Nexledger Universal offers an application programing interface that can be applied […]

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Algorithmic Crypto Trading Firm GSR Launches Crypto Hedging Product

Hong Kong-based algorithmic crypto trading firm GSR launched cryptocurrency variance swaps, a product for hedging against volatility. Hong Kong-based algorithmic crypto trading firm GSR launched cryptocurrency variance swaps, a product for hedging against volatility. The company announced the development in a press release published on April 24. Per the announcement, the variance swaps will allow […]

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Payment Processor Wirex Partners With Stellar, Plans to Launch 26 Stablecoins

United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar and will launch 26 stablecoin on its chain. United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar (XLM), the company announced in a press release on their website on April 24. Wirex is a company licensed by the U.K. Financial Conduct Authority (FCA) that allows crypto […]

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Monex Reveals July Start Date for US Exchange as Coincheck Reports $15 Mln Loss in 2018

The broker’s acquisition of Coincheck and the crypto bear market appeared to weigh on overall performance. Japanese online broker Monex Group is planning to start trading in their United States cryptocurrency exchange in July, CEO Oki Matsumoto said on April 25, according to Cointelegraph Japan. The spin-off, currently dubbed TradeStation Crypto, would serve semi-professional traders […]

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Japan’s 3rd Largest Bank by Assets Joins R3 Marco Polo Blockchain Network

SMBC becomes the network’s latest major member, following BNP Paribas and ING. Major Japanese bank, Sumitomo Mitsui Banking Corporation (SMBC), will leverage R3’s Marco Polo blockchain network for trade finance, local cryptocurrency news outlet CoinDesk Japan reported on April 25. SMBC, which is Japan’s third-largest bank by assets, plans to roll out blockchain services in […]

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