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After Breaking New Records Bakkt Announces Crypto Consumer App
28.10.2019
Following the all-time record of 1,179 contracts on October 25, Mike Blandina, Bakkt’s chief product officer, revealed the firm is launching another strategy after announcing its December options launch. Bakkt is releasing a consumer application so retail investors can “unlock the value...
BA-Backed Firm Raises $5 Million to Put Airline Security on a Blockchain
28.10.2019
Zamna – a startup backed by the parent firm of British Airways – is building a blockchain bridge for security information between agencies and airlines
Huobi Japan Raises $4.6 million From Tokyo-Listed Financial Services Firm
28.10.2019
Huobi Japan has received $4.6 million in investment from a Tokyo-listed company involved in real estate and financial services
McKinsey: Majority of Banks May Not Be Economically Viable
25.10.2019
Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....
Michael Novogratz’s Galaxy Firm Is Launching New Bitcoin Funds
25.10.2019
Michael Novogratz hinted that Galaxy Digital will be launching a new Bitcoin fund, possibly in November
$18 B Data Firm Using xDai Chain Sidechain for Payments at Conference
24.10.2019
Splunk using xDai Chain to power the payments at its conference
Data Protection Firm ZIVVER Brings Its Services to the United Kingdom
24.10.2019
Data protection is one of the most important considerations for the finance industry, and in that regard, Dutch firm ZIVVER has emerged as one of the better-known service providers over the past few years. In a new development, ZIVVER has announced that its services are now going to be available...
Bitcoin Suisse Acquires $3M Share of Trade Intelligence Firm CoinRouts
23.10.2019
Bitcoin Suisse has purchased a $3 million stake in CoinRoutes Inc., a provider of algorithmic trading software
The Silk Road Investigation: A ‘Pattern of Bad Behavior and Double Agents’
23.10.2019
Kathryn Haun, a general partner at U.S. venture capital firm Andreessen Horowitz, has revealed in recent interviews how she helped take down the Silk Road when she was working for the Attorney General’s office. According to her accounts, the U.S. government agency also asked her to help...
Blockchain Firm Algorand Announces Sharia Certification for Islamic Finance
21.10.2019
Blockchain firm Algorand announced that it is now certified for Sharia-compliant financing by Bahrain’s Shariyah Review Bureau
Samsung SDS Joins Hands With Tech Mahindra and American Firm Pega to Launch a New DLT Product
21.10.2019
Samsung SDS, which works as the IT subsidiary of world-class technology firm Samsung has announced the news of the launch of a new blockchain-oriented traceability solution. The highly anticipated product curated by Samsung SDS has been a joint initiative of the firm along with American software...
AT&T Customer Files Case Against the Firm For Causing $1.8 Million Loss
20.10.2019
A complaint has been filed against telecom giant AT&T by a customer accusing the firm of channelizing an employee-aided SIM swap, which has caused the complainant a loss of $1.8 million, including crypto assets theft. The complaint has been filed by Seth Shapiro who is a well-known Californian...
Former IBM, Google Russia Exec Joins Blockchain Firm Credits as CBO
20.10.2019
Former IBM and Google Russia exec joins blockchain firm Credits as CBO
Circle Drops Poloniex Leaving US Crypto Traders High and Dry
19.10.2019
According to a blog post published by Circle, the cryptocurrency firm is releasing its subsidiary exchange Poloniex which is now owned by an “Asian investment group.” The trading platform will become an independent company called Polo Digital Assets, Ltd., and after November 1, 2019...
CME Bitcoin Futures Sees Institutional Interest and Demand from Asia
18.10.2019
Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform...
Investment Firm Leader Reveals That the 18 Millionth Bitcoin Will Be Mined on Friday
18.10.2019
Taking pride in being the face of the cryptocurrency arena, the Bitcoin network is likely to initiate the mining of the 18 millionth BTC on Friday, i.e., October 18, 2019, as was stated by Anthony Pompliano in his tweet on October 15. Anthony is the well-known co-founder of leading investment...
80% of Crypto Trade Volume Tracked by Blockchain Surveillance
16.10.2019
Ever since governments worldwide started showing adversity toward cryptocurrencies like bitcoin, a few startups have dedicated their business model to blockchain surveillance. Two weeks ago, Chainalysis revealed the company is monitoring 21 different tokens that stem from Ethereum. On Tuesday,...
Ripple Partners With World’s Third-Largest Fintech Firm Finastra
16.10.2019
Financial software global behemoth Finastra partners with Ripple to give its clients access to the RippleNet payments network
HSBC Issues First Letter of Credit on a Live Blockchain in Malaysia, Involves Firm Importing Resins
16.10.2019
The list of use cases of blockchain just got bigger as banking giant HSBC has issued a Letter of Credit on a live blockchain. The transaction involves a company called Simply Packaging for importing resin from a Singaporean company. The European bank’s Malaysian arm was the issuing party, while...
Blockchain-focused Fintech Firm Peertec Teams Up With Penta Security
15.10.2019
Leading blockchain-centered fintech firm, Peertec has broadcasted the news of its strategic partnership with highly reputed web and data security products provider, Penta Security. Based on the announcement made on October 15, 2019, the two unprecedented market leaders have collaborated...