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Should Tech Giants Dive Into Cryptocurrencies After Tesla?


Tesla recently stated of purchasing $1.5 billion bitcoin; the company may begin accepting it as a mode of payment. According to news reports, Tesla closely followed Microstrategy Incorporated’s footsteps, a business analytics and mobility provider of entering the crypto space. Earlier speculations...

Business Giants Invest USD 60m in Blockchain-powered Payment Firm Chai


Screenshots of the Chai app. A group of South Korean and Japanese business giants including Hanhwa Investment & Securities, SoftBank and SK have joined more established blockchain investors to complete a Series B investment round worth over USD 60m in South Korean firm Chai, the provider of...

Shopping.io Enables Crypto-Payments on Popular E-Commerce Websites


PRESS RELEASE. The adoption of crypto is not possible without accelerating its usage as a currency, and not only as an asset. While e-commerce giants such as Amazon, eBay, and Walmart aren’t able to offer crypto-payment, Shopping.io launches a gateway to make purchases from the aforementioned...

Leak Alleges Banking Giants 'Moving Staggering Sums of Illicit Cash'


Documents uncovered by an investigation conducted by 110 news organizations appears to show global banking giants moving trillions of dollars for clients allegedly involved in fraud, embezzlement, money laundering and more, as the banks defend themselves against the allegations. Meanwhile,...

Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year


The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...

Chinese Tech Giants to ‘Do Battle’ for Blockchain Talent + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news A Chinese blockchain talent acquisition battle has begun, with heavyweight tech giants like Tencent, Baidu and Alibaba in direct...

Blockchain ID ‘War’ in the Offing as S Korean Giants Prepare Rollouts


South Koreans are likely to completely do away with plastic ID, social security and driver’s license cards in favor of blockchain technology-powered digital alternatives, per a new report – with some of the biggest companies in the land vying for a stake in the market. Per Fn News, SK Telecom,...

Asian Search Engine & Chat App Giants to Use Blockchain-based IDs + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news South Korean internet giants Naver and Kakao will begin accepting blockchain-powered digital driver’s licenses as a form of ID...

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