Japanese Insurer Sompo Partners With African BTC-Enabled Remittance Service BitPesa

Japanese insurance company Sompo has partnered with pan-African crypto-enabled remittance platform BitPesa. Japanese insurance company Sompo has partnered with pan-African digital payment platform BTC Africa, also known as BitPesa, according to a press release published Nov. 11 by Asia-focused English-language publication Nikkei Asian Review. Sompo Holdings Inc. reportedly invested 570 million yen ($5 million) Nov. […]

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EOS ‘Reverses’ Previously-Confirmed Transactions as Pundits Decry Centralization

An EOS “arbitrator” used the project’s constitution to manually undo transactions from a phished account, evidence suggests. Blockchain protocol EOS found itself at the center of fresh controversy Nov. 9 after evidence emerged on social media appearing to show a moderator reversing transactions which had already been confirmed. According to Reddit user u/auti9003, a dispute […]

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Swiss Crypto Firm Gets Islamic Finance Certification for Sharia-Compliant Stablecoin

Switzerland-based fintech firm X8 AG has received a certification from the Shariyah Review Bureau for its ETH-based stablecoin. Switzerland-based fintech firm X8 AG has received a certification from the Shariyah Review Bureau (SRB) for its Ethereum-based stablecoin, Reuters U.K. reports Nov. 12. SRB is a leading Sharia consultancy and audit firm licensed by the central […]

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Private Blockchains Could Be Compatible with EU Privacy Rules, Research Shows

UK university researchers find that private blockchains with a sufficient level of centralization could comply with recent EU privacy rules. Private blockchains, such as interbanking platforms set to share information on customers,  could be compatible with new E.U. privacy rules, according to research published Nov. 6. The study was conducted by Queen Mary University of […]

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Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter

The central bank is China comes out against crypto air drops, while a flood of fake Elon Musks take Twitter promising crypto giveaways. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, […]

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South Korea’s Zeniex Closes Amid Government Crackdown on Unauthorized Crypto Exchanges

Zeniex, a joint crypto venture run by South Korea and China, is closing its crypto exchange due to the financial regulator’s investigation. South Korea’s cryptocurrency exchange Zeniex will soon terminate its services due to a recent government crackdown on unauthorized platforms, a post by Zeniex reveals Friday, Nov. 9. The crypto exchange, a joint project […]

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