Major Australian capital advisory firm PCF Capital Group will use permissioned blockchain ecosystem KoreConX. Major Australian capital advisory firm PCF Capital Group has chosen permissioned blockchain ecosystem KoreConX for a $250 million digital securities offering. The news was revealed in a press release shared with Cointelegraph on May 14. PCF Capital is a corporate advisory […]
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For the first time in three years, the Royal Bank of Scotland and Barclays have managed to speed up commercial real estate transactions using blockchain. The first properties record are to be digitized in England and Wales. Recently, Barclays and the Royal Bank of Scotland (RBS), with the participation of enterprise software company R3, successfully […]
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Joseph Lubin, founder of blockchain tech company ConsenSys, said that the situation with cryptocurrency trading platform Bitfinex will not likely get better. Joseph Lubin, founder of blockchain tech company ConsenSys, expressed his pessimism regarding the recent situation with cryptocurrency trading platform Bitfinex, Bloomberg reported on May 9. Speaking at the Fluidity Summit conference, Lubin said […]
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Over 50 banks participated in the simulation of letter of credit transactions on R3’s blockchain platform in 27 countries on six continents. Over 50 banks participated in the simulation of letter of credit transactions on R3’s blockchain platform in 27 countries on six continents. The company announced the development in a press release published on […]
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Kuala Lumpur stock exchange Bursa Malaysia is working on a blockchain-enabled security borrowing and lending proof-of-concept. Kuala Lumpur-based Bursa Malaysia, the country’s stock exchange, is working on a blockchain-enabled security borrowing and lending proof-of-concept (PoC). English-language local media Bernama reported on the developments on May 6. Per the report, the initiative aims to develop greater […]
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Dubai-based financial consultancy firm deVere Group underscores the “justified international surge in crypto-optimism” in a new survey. 68% of global high-net-worth individuals have already invested or are planning to invest in crypto by the end of 2022, according to a survey by Dubai-based financial consultancy firm deVere Group released on May 3. DeVere group has […]
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Yesterday’s mild market movements continue, with most of the top twenty cryptocurrencies seeing mild green. Thursday, May 2 — yesterday’s mild market movements continues, with most of the top twenty cryptocurrencies seeing mild green on the day at press time with typical growth of between 1 and 3%, as Coin360 data shows. Market visualization courtesy […]
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The Hong Kong-listed blockchain investor plans to enter the cannabis market to counter the adverse impact of the crypto winter. Hong Kong-listed contractor turned blockchain investor Grandshores Technology — backed by the Hangzhou municipal government — plans to enter the medicinal and industrial cannabis market in a bid to counter the adverse impact of crypto […]
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TrustToken has released its latest stablecoin, TrueCAD, tied to the Canadian dollar. TrustToken has released its latest stablecoin, TrueCAD, on May 1, 2019. The latest in TrustToken’s line of fiat-backed stablecoins, its value is linked to the Canadian dollar. TrustToken has also created a number of other stablecoins, such as TrueUSD (U.S. dollars), TrueGBP (British […]
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Bart Chilton, a former commissioner of the CFTC, has died at the age of 58. Last weekend, Bart Chilton, a former commissioner of the United States Commodity Futures Trading Commission (CFTC) and early advocate for cryptocurrency regulation, died at the age of 58. Apart from his work for the regulator, he was best known as […]
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