Five Canadian banks will employ a blockchain-based user identification system developed by tech startup SecureKey Technologies. Five Canadian banks will be employing a blockchain-based user identification system developed by tech startup SecureKey Technologies, Bloomberg reports on May 1. Per the report, the Verified.Me digital identity system is now available to clients of the Royal Bank […]
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Bart Chilton, a former commissioner of the CFTC, has died at the age of 58. Last weekend, Bart Chilton, a former commissioner of the United States Commodity Futures Trading Commission (CFTC) and early advocate for cryptocurrency regulation, died at the age of 58. Apart from his work for the regulator, he was best known as […]
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The world’s largest stock exchange announced that it has introduced a new XRP index to its global data service. The world’s largest stock exchange, Nasdaq, announced that it has introduced XRP Liquid Index (XRRLX), a new XRP index, to its global data service. The news was announced in a post on its website published on […]
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The internet giant has not revealed details of the plans, which follow Waterdrop’s $75 million Series B funding round. Chinese internet giant Tencent will work with a local disruptor insurance company to develop new blockchain solutions, Bloomberg reported on April 30. Waterdrop, which forms part of China’s rapidly-expanding crowdfunded health insurance industry, will leverage Tencent’s […]
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More than 25% of the funds raised so far in 2019 have come from the United Arab Emirates. The United Arab Emirates (UAE) has been the world’s biggest contributor to crypto token sales so far this year, according to data recently released by CoinSchedule. More than 25% of funds raised since the start of 2019 […]
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Bitfinex and Tether deny the New York attorney general’s claims of a lost $850 million, and Samsung considers a Samsung Coin. Top stories this week Bitfinex Allegedly Covers $850 Million Loss With Tether Funds The New York attorney general’s office alleged this week that crypto exchange Bitfinex lost $850 million and subsequently used funds from […]
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A closer look at what appears to be one of 2019’s greatest crypto scandals yet. In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with […]
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E*Trade is reportedly ramping up to offer cryptocurrency trading services on its online trading platform. Online trading firm E*Trade Financial Group is preparing to offer cryptocurrency trading on its platform, sources familiar with the matter told Bloomberg on April 26. E*Trade will reportedly begin by offering bitcoin (BTC) and ether (ETH) after which it will […]
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Representatives from Galaxy Digital, Coinbase and Binance were among those said to have attended January’s talks. More than 20 of the crypto market’s biggest traders gathered in January for talks on making digital assets and tokens part of the global financial architecture, according to a Bloomberg report published on April 25. The meeting was reportedly […]
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JPM is planning to widen the use of its blockchain system. On April 21, it was revealed that JPMorgan Chase (JPM), the United States’ largest bank with over $2.62 trillion in assets, is planning to widen the use of its blockchain system. Specifically, JPM is adding new features to its Interbank Information Network (IIN), which […]
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