Blockchain integration into the banking industry will raise the quality of banking services and improve the customer experience. Your bank, no matter how neo or how challenger, can’t bank Bitcoin (BTC). They could bank blockchain companies, adding value and providing services for the space, which would be good for both the bank and the clients, […]
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Top crypto exchange Binance has partnered with public blockchain protocol Shyft Network as it readies itself to comply with global KYC regulations. Top cryptocurrency exchange Binance has partnered with public blockchain protocol Shyft Network as it readies itself to comply with Financial Action Task Force (FATF) regulations. The Shyft Network was designed to provide a […]
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Bithumb, South Korea’s largest crypto exchange, has taken another step towards global expansion by strengthening integration with its international arm. South Korea’s largest cryptocurrency exchange, Bithumb, has announced it will take another step towards global expansion by strengthening integration with its international arm. On Feb. 26, Bithumb launched a new digital asset transfer service between […]
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Moody’s ratings agency has said that the proposed blockchain-based KYC consortium in the United Arab Emirates is credit positive for the nation’s lenders. Moody’s Corporation has said that a new blockchain-based Know Your Customer (KYC) platform in the United Arab Emirates is credit positive for the nation’s lenders. According to a report by local media […]
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Coinbase is the first crypto company to become a principal partner of the payments giant. Will crypto debit cards soon become commonplace? On Feb. 19, Coinbase announced that it has become a principal member of Visa. In an apparent first for the cryptocurrency industry, the firm is now able to issue debit cards without having […]
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Nigma Conseil and the Austrian Institute of Technology joined forces to provide an alternative blockchain forensics platform, offering compliance for AML and KYC. The French cybersecurity company Nigma Conseil and the Austrian Institute of Technology (AIT) have revealed to have collaborated on developing a new blockchain forensics tool. The agreement was signed on Feb. 25 […]
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Caitlin Long has founded the first crypto-native bank in the U.S., that will open doors in 2021. Caitlin Long, a former Wall Street executive who has helped Wyoming enact 13 blockchain-enabling laws, is taking advantage of the progressive Wyoming legislature to establish a first crypto-native bank in the U.S. The bank’s name is Avanti, which […]
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CULedger, a fintech firm coordinated by the Credit Union National Association, has commercially launched its blockchain identity platform. As the United States continues to actively embrace blockchain, more new blockchain-powered products supported by national organizations continue to mature. CULedger, a major fintech firm coordinated by an American national trade association, has commercially launched its blockchain […]
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Sports fan token project Socios plans to launch an integrated membership and fiat-crypto prepaid debit card, which also provides blockchain-based global ID functionality. Cooperation between fiat currency card issuers and the blockchain industry appears to be proceeding apace. On Feb. 24, sports fan token project Socios announced the launch of an integrated membership and fiat-crypto […]
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Following two significant attacks on lending protocol bZx, what are the potential ramifications for the DeFi sector? Earlier this week, the decentralized lending protocol bZx was exploited in back-to-back “flash loan” attacks. While the two exploits were distinct, the end results remained the same. In total, $954,000 was gleaned from the platform. But what exactly […]
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