Four international banks have completed a live commercial paper transaction based on blockchain consortium R3’s Corda platform. A group of international banks in partnership with enterprise blockchain software firm R3 have completed a live commercial paper transaction based on blockchain platform Corda, Finextra reported Dec. 6. The transaction was implemented on the Corda-based Euro Debt […]
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Swiss bank Gazprombank has partnered with fintech and crypto startups Avaloq and Metaco to develop crypto asset services. Swiss bank Gazprombank recently partnered with fintech startup Avaloq and crypto firm Metaco to offer clients crypto services, an Avaloq press release reports Dec. 6. Fintech company Avaloq and crypto custody solution specialist Metaco are reportedly collaborating […]
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A security researcher claims that the number of MikroTik routers affected by cryptojacking malware has doubled since August 2018. The number of MikroTik routers affected by cryptojacking malware has repotedly doubled since summer 2018, reaching 415,000, security researcher VriesHd tweeted Sunday, Dec. 2. Since August, VriesHd has been reporting on crypto malware that targets routers […]
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Recap of the G-20 summit in Argentina. Members of the Group of 20 (G-20), an international forum for the governments and central banks of countries with developed and developing economies, addressed cryptocurrencies in their recent declaration on sustainable development of the global economy. Declaration summary: Crypto is important, but it needs to be put under […]
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Enterprise blockchain consortium R3 has released a new universal payment settlement platform, with ‘rival’ Ripple’s XRP the first crypto to be supported. Enterprise blockchain software firm R3 has announced that ‘rival’ Ripple’s XRP token will be the first crypto supported on its new universal payment settlement platform, Finextra reports today, Dec. 5. Dubbed “Corda Settler,” […]
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The largest private bank in Brazil, Itau Unibanco, has tested a $100 million loan on a blockchain platform powered by R3. Brazil’s largest private bank has partnered with United Kingdom bank Standard Chartered to create a blockchain-based platform for small loans, according to a press release published by Itau Tuesday, Dec. 4. Itau Unibanco, also […]
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An account once associated with BTC creator Satoshi Nakamoto on P2P Foundation has posted a one-word status update and befriended another user. An account once associated with Bitcoin (BTC) creator Satoshi Nakamoto on the non-profit global network P2P Foundation posted a one-word status update yesterday, Nov. 29. While the account is tied to Nakamoto’s old […]
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Malaysian lending giant CIMB Group Holdings Bhd. has signed on to use Ripple’s xCurrent technology for expediting cross-border payments. Malaysian lending giant CIMB Group Holdings Bhd has joined Ripple’s (XRP) cross-border payments network RippleNet, Bloomberg reports Nov. 15. The $53.5 billion market cap CIMB will integrate Ripple’s XCurrent product, a software solution for expediting cross-border […]
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Japan and Brazil are the target of a new cryptocurrency-based remittance service based on Ripple. Japanese bank holding and financial services company Mitsubishi UFJ Financial Group, Inc. (MUFG) said it will use Ripple (XRP) to create a new cross-border payments service to Brazil in a press release Nov. 9. MUFG, which has demonstrated an increasing […]
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Tether’s new Bahamas-based banking partner is possibly involved in $25 million money laundering case being investigated by federal prosecutors in Sao Paulo. Brazilian law enforcement has solicited the help of Bahamian authorities to investigate suspicious transactions to Deltec Bank & Trust – the recently-announced new banking partner of controversial stablecoin Tether (USDT) – major Brazilian […]
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