Coinbase and Gemini reportedly had their accounts approved with JPMorgan Chase in April. JPMorgan Chase, the United States’ largest bank, has reportedly taken on U.S. cryptocurrency exchanges Coinbase and Gemini as customers. A report from the Wall Street Journal on May 12 cited unnamed sources apparently familiar with the matter, who highlighted that the move […]
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Security concerns surrounding public blockchains may be enough to dissuade enterprises from adopting the tech, according to a Salesforce exec. Salesforce’s SVP for emerging technology, Adam Caplan, says that is difficult for enterprises to place trust in public blockchains as they do not offer any access and governance controls. During the online Consensus: Distributed conference, […]
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Gibraltar’s minister for digital and financial services spoke to Cointelegraph about regulating market manipulation in the blockchain sector. The British Overseas Territory of Gibraltar, a pioneer of blockchain-friendly regulations, will introduce a new regulatory principle for the DLT sector addressing market manipulation risks in the coming months. In an interview with Cointelegraph, Albert Isola, Gibraltar’s […]
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Major cryptocurrency exchange Binance is cementing its presence in Indonesia, announcing an investment in a major domestic regulated exchange Tokocrypto. Major cryptocurrency exchange Binance is cementing its presence in Indonesia, announcing an investment in a major domestic regulated exchange Tokocrypto on May 12. In 2019, Tokocrypto reportedly became the first Indonesia crypto exchange to seal […]
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Singaporean blockchain project BitcoinHD claims to have submitted the first SEC-approved security token offering for prospective listing on major U.S. exchange Coinbase. Shortly after sealing an approval from the United States Securities and Exchange Commission for its security token offering, Singaporean blockchain project BitcoinHD (BHD) is seeking a listing on major exchange Coinbase. On March […]
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Chainlink introduces trusted decentralized randomness into the crypto ecosystem. On May 11, Chainlink (Link) announced the launch of a verifiable random function (VRF) that enables generation of on-chain trusted randomness. Ii is undergoing security review on the testnet where it is available for integration testing. Initially, it will work with the Ethereum (ETH) blockchain. Benefits […]
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On Sunday, Lightning Labs CEO Elizabeth Stark explained why exchanges have been hesistant to integrate Bitcoin’s Lightning Network. The Lightning Network has been live for a few years now, but Bitcoin exchanges still haven’t joined the party — at least for the most part. Bitfinex is the most notable exception to the rule, as they […]
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The South Korean blockchain space sees many new platforms trading for unlisted stocks, following an offering from state-backed Koscom last year. The South Korean blockchain space is seeing a steady stream of platforms specialized in trading for unlisted stocks, following on from a major offering from state-backed financial IT firm Koscom last year. Business Korea […]
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Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process. Singapore-based multinational banking firm DBS Bank has joined the blockchain trade-finance network Contour, which is built over R3’s Corda. Contour is due for a main-launch later this year. According to a May 11 report by the business news outlet […]
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The Litecoin Foundation announced on May 7 that it would migrate from the multi-sig Electrum-LTC wallet to BitGo’s multi-sig wallet. The Litecoin Foundation announced that it will migrate from the multi-sig Electrum-LTC wallet to BitGo’s multi-sig wallet. According to a May 7 post on the company’s website, the move is due to BitGo’s wallet providing […]
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