The Singapore Exchange has finished a joint blockchain trial with the local monetary authority, Nasdaq, and Deloitte. Singapore Exchange Limited (SGX), along with the Monetary Authority of Singapore (MAS), have successfully tested the use of blockchain technology for tokenized assets settlement, according to a SGX release issued Sunday, Nov. 11. The report reveals the data […]
Continue Reading
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 […]
Continue Reading
According to some industry experts, entering the crypto and blockchain space will require some companies to rethink how they organize their IT infrastructure. Industry experts say that financial institutions will have to replace their existing internal IT infrastructure for greater adoption of blockchain and digital currencies, Scotland’s national news outlet the Scotsman reported Nov. 9. […]
Continue Reading
Leading crypto exchange Binance has announced the launch of its new analysis division to prepare “institutional-grade” research reports within the cryptocurrency space. The largest cryptocurrency exchange, Binance, has launched an analysis division to conduct “institutional-grade” research reports, according to an announcement published Nov. 8. Binance’s new analysis division, Binance Research, is set to prepare institutional-grade […]
Continue Reading
IBM and data storage firm Seagate have announced a joint initiative to fight counterfeit hard drives using blockchain technology. IBM and data storage firm Seagate have announced a joint initiative to fight counterfeit hard drives using blockchain technology, according to a press release shared with Cointelegraph Nov. 8. The project will reportedly use IBM’s Blockchain […]
Continue Reading
Japan’s Shinsei Bank has signed a MOU with blockchain startup ConsenSys to widen its exploration of the technology’s applications. Japan’s Shinsei Bank has signed a Memorandum of Understanding (MoU) with blockchain startup ConsenSys to widen its exploration of the technology’s applications for finance, Cointelegraph Japan reports Nov. 8. According to an English-language press release published […]
Continue Reading
Leading South Korean cryptocurrency exchange Bithumb has partnered with Qoo10, an Asian e-commerce giant, to launch a joint payment service. South Korea‘s leading virtual currency exchange Bithumb has partnered with Asian e-commerce giant Qoo10 to provide a cryptocurrency payment service, according to an official announcement Nov. 7. Qoo10, the so called “Asian Amazon,” is […]
Continue Reading
A recent poll in two German federal states found that 55 percent of respondents are aware of crypto, while 28 percent of younger people find crypto investment “conceivable.” More than a quarter of younger Germans is ready to buy cryptocurrencies, according to a recent poll by the German Consumer Centers of Hesse and Saxony published […]
Continue Reading
The Turkish police’s cybercrime unit detained 11 suspects in an alleged hack of crypto accounts with victim losses amounting to over $80,000. The Cybercrime Department of the Turkish National Police has arrested 11 suspects in an alleged hack of crypto accounts, with victims reporting more than $80,000 in losses, major Turkish newspaper Hürriyet reported Friday, […]
Continue Reading
HSBC India and India’s holding giant Reliance Industries have completed a joint blockchain-enabled trade finance transaction. The Indian subsidiary of major global banking and financial services firm HSBC and India’s holding giant Reliance Industries (RIL) have completed a blockchain-enabled trade finance transaction, Indian business newspaper The Hindu Business Line reports Sunday, Nov. 4. The blockchain-powered […]
Continue Reading