China’s central bank has secured $4.7 million in funding for its blockchain trade platform over the next three years. The People’s Bank of China (PBoC) has secured $4.7 million in funding from China’s central government for its blockchain trade finance platform. The funding will be administered over three years and has been designated for research […]
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Coronavirus anxiety continues to overshadow second day of London Blockchain Week. The second day of Fintech Worldwide’s Blockchain Summit kicked off to unusually glorious sunshine. But you’d be hard pressed to notice that in the venue because there was no natural light filtering through to the handful of attendees that braved the ongoing coronavirus scare. […]
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Interlay received a grant from Web3 Foundation to develop a Bitcoin bridge on Polkadot that would allow wrapped versions of BTC to be exchanged on the network. Interoperability project Interlay has been selected to receive a Web3 Foundation grant to continue its work on Polkadot. The money will be used to develop a parachain on […]
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New York-based white label exchange provider AlphaPoint has successfully raised a further $5.6 million to help scale its exchange technology. New York-based white label exchange provider AlphaPoint has raised a further $5.6 million from investors to help scale its exchange technology. AlphaPoint’s tech is currently used as the backend for 150 exchanges across 35 countries, […]
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WEF Head of Blockchain Sheila Warren explains the potential of blockchain technology and how it can change the world — but notes we are not there yet due to three things. Speaking at the Hyperledger Global Forum 2020 in Phoenix, Arizona, the World Economic Forum’s head of blockchain and data policy, Sheila Warren, discussed blockchain’s […]
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Rosen Law Firm has filed a class action lawsuit on behalf of investors in ASIC producer Canaan’s IPO. Blockchain services and cryptocurrency mining hardware producer Canaan is facing a class-action lawsuit filed by investors following claims of dubious practices for attracting investments. Investor rights-focused law firm Rosen Law Firm has initiated the suit on behalf […]
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Africa has enormous potential for developing a sustainable fintech industry. Here is the analysis of the three flagship economics in Africa: Kenya, Ethiopia and Ghana. For many, Africa represents the final frontier of untapped economic growth. Across its diverse countries, growth rates continue to outpace those achieved in long-developed economies. Collectively, growth on the continent […]
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Bitmain cofounder-backed crypto firm Matrixport has announced a new funding round aiming to raise as much as $140 million. Bitmain cofounder-backed crypto trading platform Matrixport has announced a new funding round aiming to raise as much as $140 million at a post-investment valuation of $300 million. Singapore-based Matrixport revealed its fundraising plans to investors in […]
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Why art needs blockchain. Following its inception, blockchain technology quickly found an application in the art sector, making art objects more accessible while changing methods and approaches to their creation and perception. This gave new opportunities for collectors, art galleries, museums, art brokers and artists. Brief introduction to the history of blockchain technology in the […]
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Adam Todd, CEO at Digitex Futures Exchange, reveals that the exchange will completely take down all KYC as of April 2020 in response to earlier data leakage. While some global cryptocurrency exchanges move to expand Know Your Customer (KYC) rules, some major rivals claim that crypto platforms don’t need KYC at all. Digitex, a Seychelles-based […]
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