Chinese payment giants Alipay and WeChat Pay reportedly requested Huobi to remove their services from its OTC trading desk. Alipay and WeChat Pay reportedly requested that crypto exchange Huobi remove their payment services from its over-the-counter (OTC) trading desk, local media agency Sina reported on Jan. 25. Major Chinese digital payments providers, Alibaba’s Alipay and […]
Continue Reading
The trial scheme involved increasing efficiency of a power sharing process called Demand Response (DR). Japanese IT firm Fujitsu has successfully trialed a blockchain-based solution to address inefficiencies in electricity surplus management, the company confirmed in a press release on Jan. 29. Fujitsu, which partnered with local power distribution company ENERES, used blockchain to increase […]
Continue Reading
American financial services giant Fidelity will reportedly launch its Bitcoin custody service in March. American investment firm Fidelity, which administers over $7.2 trillion in client assets, will purportedly launch its Bitcoin (BTC) custody offering in March, Bloomberg reports on Jan. 29 Citing unnamed sources familiar with the matter, Bloomberg states that this is the next […]
Continue Reading
Nestle says that the blockchain-based IBM Food Trust initiative is gearing up to onboard new suppliers and retailers this year. Swiss-headquartered food retail giant Nestle S.A. says that the blockchain-based IBM Food Trust initiative — which counts major global retailers such as Walmart and Unilever as members— is gearing up to onboard new suppliers and […]
Continue Reading
sponsored A new crypto portal is enabling users to buy 20 different altcoins online using fiat — without the need to convert their cash to Bitcoin or Ethereum first. A new crypto purchasing portal is enabling users to purchase more than 20 cryptocurrencies and altcoins using fiat directly. Netcoins, the Canadian company behind the app, […]
Continue Reading
Recap of this year’s World Economic Forum (WEF) Annual Meeting. This year’s World Economic Forum (WEF) Annual Meeting has finished, and it’s time to recap the highlights. The forum — held in Davos, Switzerland, as per tradition — lasted from Jan. 22 to 25. Similar to the last year, cryptocurrencies were one of the major […]
Continue Reading
The U.K.’s financial watchdog has released a detailed consultation paper on regulation of crypto. On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.” As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time […]
Continue Reading
Ahead of the release of AMD’s Q4 2018 report, some analysts predict that a “crypto hangover” could still be affecting the company’s revenues. Ahead of the release of Advanced Micro Devices’ (AMD) fourth quarter (Q4) report for 2018, analysts state that the company could still be facing problems due to a “crypto hangover,” business news […]
Continue Reading
sponsored A company offering crypto payments in hundreds of stores, as well as a universal loyalty program, has unveiled a redesigned app with upgraded features. The team behind a mobile application enabling shoppers to pay with crypto at online and brick-and-mortar stores has unveiled new features and a redesign — enabling consumers to shop as […]
Continue Reading
American health insurance giant Aetna, together with other major insurers, has partnered with IBM to create a blockchain network tailored to the healthcare industry. United States-based health insurance giant Aetna has partnered with IBM to create a blockchain network tailored to the healthcare industry, Reuters reported Jan. 24. Estimated to serve over 39 million clients […]
Continue Reading