Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. As Reuters reported on Sept. 2, HSBC […]
Continue Reading
Thailand’s Customs Department plans to use IBM’s Tradelens blockchain shipment tracking solution, first at a port in Chon Buri and later in Bangkok. Thailand’s Customs Department intends to use IBM’s Tradelens blockchain solution to track shipping in Thai ports. According to an announcement published on Aug. 28 on the Thai Customs Department’s official website, the […]
Continue Reading
Thailand’s securities regulator warned the public about scam entities posing as legal crypto trading firms operating overseas. Thailand’s securities regulator has warned the public about scam entities posing as legal digital currency trading firms operating overseas. Investor losses are not known The Thai Securities and Exchange Commission (SEC) has discovered a new crypto scam where […]
Continue Reading
International money transfer firm Xendpay has joined RippleNet to take advantage of its network for sending all types of currency around the world. Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions. Going beyond the U.S. dollar Ripple announced the news on Aug. 20. Per the announcement, RippleNet will […]
Continue Reading
Crypto exchange Huobi’s native Huobi Token is now usable in real-world online purchases of a wide range of products on e-commerce platform FomoHunt. Cryptocurrency exchange Huobi’s native Huobi Token (HT) is now available for making real-world online purchases of a wide range of products from the e-commerce platform FomoHunt. Per a press release shared with […]
Continue Reading
Everex has received a full Money Transmitter License from a New Jersey regulator, allowing it to expand cryptocurrency trading service in the U.S. market. Stablecoin-based settlement platform Everex has obtained a full Money Transmitter License from a New Jersey regulator, allowing the company to test services in the United States. In a press release shared […]
Continue Reading
The over 5 million merchants registered with the Thai QR code system can now accept payment in privacy-focused cryptocurrency Zcoin. Privacy-focused cryptocurrency Zcoin is now available for spending in Thailand at any merchant registered with the Thai QR code system through Satang App. According to an announcement published by Zcoin on Aug. 15, over 50 […]
Continue Reading
Global monetary easing will continue pushing Bitcoin price higher, analysts say. China’s recent currency devaluation seems in line with similar policies taking place across the globe. Let’s take a look why Bitcoin price is rising as a result and why investors are increasingly considering taking shelter in Bitcoin — a neutral and borderless network for […]
Continue Reading
Chinese state hackers attack cryptocurrency and video game enterprises, cybersecurity company FireEye claims. Chinese state hackers are performing attacks against cryptocurrency and video game enterprises, cybersecurity company FireEye claims in a report published on Aug. 2. Chinese government facilitating hacking operations Per the report, Chinese state espionage cyber unit APT41 “targets industries in a manner […]
Continue Reading
A blockchain letter of credit transaction in the oil industry has been sent by Standard Chartered with Thai state-owned oil giant PTT Group. London-based bank and financial services firm Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group. On-chain letter of […]
Continue Reading