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World's Largest Utility Firm to Debut Blockchain-powered Digital ID Platform

13.8.2020
A local branch of the State Grid Corporation of China (SGCC) – the nation’s electricity monopoly and the biggest utilities firm in the world – said that it has developed a blockchain technology-powered digital identity authentication system. Per Shupeidian, the Anhui Province branch of the SGCC...

Wirex Launching in US After Receiving State Money Transmission License

10.8.2020
Wirex has received its first money transmission license in the U.S., where the company is now gearing up to launch its “next-gen cryptocurrency platform linked to a spending card.” US Expansion Wirex announced Friday that it has received its first U.S. money transmission license and...

Chinese Banks Set to Adopt Blockchain-powered Forfaiting Platform

7.8.2020
The China National Clearing Center (CNCC), the Chinese central bank's settlements and clearing arm, is set to work with three major banks to foster a blockchain-powered forfaiting trading platform – aimed at boosting the efficiency of export financing. Per Sina, the CNCC has sealed a deal that also...

Bitcoin P2P Trading Soars in India as New Exchange Launches

6.8.2020
Bitcoin P2P trading volume in India has been growing rapidly, hitting record highs over the past weeks. Meanwhile, a new P2P trading platform has launched in India as the crypto industry awaits the government’s decision on a cryptocurrency law. P2P Trading Volume Soars in India Peer-to-peer...

Bitfinex Offers $400 Million in Rewards to Get Back 120,000 Stolen Bitcoins

5.8.2020
Cryptocurrency exchange Bitfinex is offering rewards of up to $400 million to the hackers who stole almost 120,000 bitcoins from its platform in 2016 as well as anyone putting it in touch with the hackers. Up to $400 Million Reward for the Recovery of Stolen Bitcoins Bitfinex announced on Tuesday...

Peertec, hiblocks Joins Blockchain Platform of Kakao GroundX

5.8.2020
In an important development, the Klaytn blockchain platform has got Peertec and hiblocks on board to spread the adoption of peer-to-peer protocol among a variety of customer segments. Just so you know, Klaytn platform, operated by the GroundX, is a part of the Kakao group, which is a market leader...

Hacked DeFi Platform Opyn Says They Will Reimburse the Victims in Full

5.8.2020
Options issuance platform Opyn said that they would reimburse the victims of a hack that occurred less than a day ago. "We will be reimbursing ETH put sellers in full who were affected by the vulnerability," Opyn said this morning (UTC time). They added that more details on...

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