North Korea ‘Increasingly’ Uses Crypto to Avoid US Sanctions, Experts Claim

Washington-based financial experts allege that North Korea hires people with access to E.U. cryptocurrency wallets to launder and exchange crypto into fiat money. North Korea is “increasingly” using cryptocurrencies to evade sanctions imposed by the U.S., according to two Washington-based experts cited by news site Asia Times on September 24. Lourdes Miranda and Ross Delston […]

Continue Reading

Australian Real Estate Major to Trial Blockchain-Powered Solar Energy Management Solution

Australian shopping mall operator with 70 locations across the country is testing Power Ledger’s blockchain solution for solar energy management. Australian firm Vicinity has announced it will trial a blockchain solution for its energy network. The company revealed this Thursday, September 25 in an official press release. Vicinity – with more than $42 billion in […]

Continue Reading

ICE’s Bakkt Reveals First Crypto Product as Physical Bitcoin Futures

ICE’s Bakkt platform will begin its operations with physical Bitcoin futures, the company has said on social media. Intercontinental Exchange (ICE) confirmed its Bakkt cryptocurrency platform’s first offering will take the form of physical Bitcoin futures. ICE, which also operates the New York Stock Exchange (NYSE) released new details Tuesday, September 25. Bakkt, which ICE […]

Continue Reading

South Korea’s Crypto Market Overview: How Largest Banks and Conglomerates Back Exchanges

The crypto market and blockchain sector in South Korea is thriving with the involvement of major banks and conglomerates. The crypto market and blockchain sector of South Korea, the third-largest digital asset exchange market in the world behind the United States and Japan, have some of the most robust systems and infrastructure in place to […]

Continue Reading

Mt. Gox Trustee Publishes Final Bitcoin Sell-Off Figures Totalling $230 Million

Mt.Gox trustee Nobuaki Kobayashi sold $230 million in Bitcoin and Bitcoin Cash in the final round of sell-offs at the defunct exchange. Nobuaki Kobayashi, the trustee of defunct cryptocurrency exchange Mt.Gox, released a new statement Tuesday, September 25. According to the document, Kobayashi has liquidated almost 26 billion yen ($230 million) in Bitcoin and Bitcoin […]

Continue Reading

JPMorgan Blockchain Platform Onboards 75 Multinational Banks to ‘Keep Payments In-House’

75 more banks have joined JPMorgan’s cross-border payment platform powered by its own blockchain. JPMorgan has expanded its blockchain payment platform to over 75 multinational banks. The goal of the participants’ combined efforts is to fight off competition from outside of the banking sector, Financial Times reports September 25. Speaking to the publication, analyst Jason […]

Continue Reading