Insurance Blockchain Startup B3i Raises $16 Million

Zurich-based blockchain startup B3i Service AG has increased its capital by about $16 million. Zurich-based blockchain startup B3i Service AG has increased its capital by $16 million in February, according to recently published filings from the Swiss commercial register. B3i Service AG — a blockchain initiative formed by “Blockchain Insurance Industry Initiative” B3i in 2018 […]

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Hodler’s Digest, March 18–24: Hodler’s Digest, Top Stories, Price Movements, Quotes and FUD of the Week

The QuadrigaCX story gets stranger as the criminal past of one founder is allegedly revealed, while IBM gets more into blockchain. Top Stories This Week Six Global Banks Sign Up to Issue Stablecoins on IBM’s Now-Live Blockchain Network This week, six international banks signed letters of intent to issue their own stablecoins — which will […]

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Western Union Partners With Stellar Collaborator Thunes for Mobile Wallet Transfers

Financial services provider Western Union is partnering with Stellar collaborator Thunes to enable WU clients to transfer funds directly to mobile wallets globally. Payments giant Western Union (WU) is partnering with Stellar (XLM) collaborator Thunes to enable WU clients to transfer funds directly to mobile wallets globally. The development was announced in an official press […]

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Blockchain in Biometrics Could be Used in Travel Security, US Customs Rep Says

Using blockchain for biometric tracking would be the technology’s killer app in the travel security sector, a representative from the U.S. Customs and Border Protection has said. Using blockchain for biometric tracking would be the technology’s killer app in the travel security sector, according to a representative from the United States Customs and Border Protection […]

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Major Crypto Exchange and Wallet Coinbase Adds Support for Stellar Lumens

Coinbase announced that support for Stellar Lumens (XLM) has been added to its services, including iOS and Android apps. United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for Stellar Lumens, according to an announcement published on March 18. The update states that users can now store, buy, and send Stellar’s cryptocurrency, […]

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Six Global Banks Sign up to Issue Stablecoins on IBM’s Now-Live Blockchain Network

Six global banks will reportedly issue their own stablecoins backed by their national fiat currencies on IBM’s Stellar-powered payments network. Six international banks have reportedly signed letters of intent to issue their own stablecoins backed by their national fiat currencies on IBM’s now-live blockchain-powered payments network, “World Wire.” The news was jointly announced by IBM […]

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Australia Announces National Blockchain Roadmap and Further Boost to Government Funding

Australia has unveiled a national blockchain strategy and roadmap, with a boost of AU$100,000 in further federal funding. Australia has unveiled a national blockchain strategy and roadmap, with a boost of AU$100,000 (~$71,200) in further funding from the federal government. The news was announced in a joint media release from two Australian ministries on March […]

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IBM Hints at Stablecoin Cross-Border Payments Solution for Financial Institutions

IBM’s Jesse Lund, has hinted that bank-targeted stablecoins will be a major forthcoming development for IBM’s blockchain-powered cross-border payments solution. The head of blockchain solutions for IBM, Jesse Lund, has hinted that bank-targeted stablecoins will be a major forthcoming development for the tech giant’s blockchain-powered cross-border payments solution. Lund made his remarks during an interview […]

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