Ripple Expands Blockchain University Initiative With Partners in US, China & Singapore

Ripple has announced the latest new partners in its global University Blockchain Research Initiative, which include universities in China, Singapore and Brazil. Ripple has announced the latest new partners in its global University Blockchain Research Initiative (UBRI), which include universities in the United States, China, Singapore and Brazil. The development was announced in a press […]

Continue Reading

Bitcoin Trading Reaches All Time High in Venezuela Amidst Ongoing Economic Collapse

Bitcoin weekly trading volumes in Venezuela reached a new all-time high, rising to almost $7 million per week on p2p platform LocalBitcoins. Bitcoin (BTC) trading volumes in Venezuela have reached a new all-time high amidst massive hyperinflation and an ongoing presidential crisis, tech news outlet TrustNodes reports Feb. 6. Bitcoin weekly trading volumes reached above […]

Continue Reading

StanChart’s Singapore Unit Completes First Blockchain-Powered Trade Finance Deal

The Singapore unit of Standard Chartered has completed its first blockchain-powered trade finance deal. The Singapore unit of London-headquartered multinational banking and financial services firm Standard Chartered has completed its first blockchain-powered trade finance deal. The news was reported by Singapore’s English-language financial daily The Business Times on Jan. 24. The bank reported that the […]

Continue Reading

Brazil: Government Suspends Indigenous Crypto Plans as New President Criticizes Project

Brazilian president Jair Bolsonaro has criticized the country’s now-suspended crypto project for indigenous people. Jair Bolsonaro, the new Brazilian president who has officially taken office a week ago, has criticized a project offering to create a cryptocurrency for indigenous people in a Jan. 7 tweet. Bolsonaro claimed that the new government will soon open “a […]

Continue Reading

National Bank of Kuwait Launches Ripple-Based Cross-Border Payments Product

The National Bank of Kuwait has launched a remittance product for cross-border live payments based on RippleNet’s blockchain technology. The National Bank of Kuwait (NBK) has launched a cross-border remittance product based on RippleNet’s blockchain technology, according to an announcement published Dec. 27. Established in 1952, the NBK is the largest financial institution in terms […]

Continue Reading

Brazilian Premier League Soccer Club Launches Crypto ‘Fan Tokens’

Atletico Mineiro, a Brazilian premier league soccer club, is launching its own fan token “GaloCoin” based on Ethereum blockchain. Brazilian premier league soccer club Atletico Mineiro has launched a fan token dubbed “GaloCoin,” Cointelegraph Brazil reports Friday, Dec. 14. The GaloCoin is named after Atletico’s mascot, a rooster (“galo” in Portuguese). It is based on […]

Continue Reading

Four International Banks Complete Commercial Paper Transaction on R3’s Corda Platform

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 […]

Continue Reading