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K-pop Giant SM Entertainment Eyes Crypto and Blockchain Expansion
5.9.2019
Red Velvet, a group managed by SM Entertainment. SM Entertainment, South Korea’s largest talent agency, says it wants to launch its own blockchain platform – and could potentially use a cryptocurrency of its own to power business growth.
The company, which raked in USD 518 million in revenues...
‘Regulation, Funding and Uncertainty’ Rock S Korean Blockchain Market
2.9.2019
South Korea’s blockchain industry is experiencing teething issues – while only 20% of domestic blockchain-related companies are actually selling anything, per reports.
While some of the country’s biggest IT giants and banks forge away with big-name blockchain products and services this year...
Blockchain Alternative Hedera Hashgraph Has Three News
29.8.2019
Mance Harmon. Source: a video screenshot, YouTube, Hedera Hashgraph
Hedera Hashgraph, a public distributed ledger platform and a blockchain alternative for corporations, announced today the open access to its mainnet beta and the release of its HBAR coins to SAFT (Simple Agreements for Future...
US Banking Giant PNC Starts Using RippleNet for Cross-Border Payments
29.8.2019
America’s eighth-largest bank PNC becomes the country’s first to start processing cross-border payments using the RippleNet
In 'Unbiased' Research Binance Criticizes Ethereum, Praises Own Chain
26.8.2019
Major crypto exchange Binance came out with their report which compares and analyzes a number of token standards across blockchains: the influential company is praising its own recently launched product, while criticizing many others’.
After going over token standards across more than twenty...
4 Reasons Why Ethereum Classic Is Soaring — Up 40% This Week
23.8.2019
Ethereum Classic price is soaring this week as hype builds in the run-up to the Atlantis fork next month
Is Blockchain Speed & Capacity a Problem? Vitalik says Yes, CZ says No
21.8.2019
There was a disagreement over two vital blockchain-related points earlier today between two major figures in the crypto and blockchain world. The issues: speed and capacity of existing blockchains. The figures: CEO of Binance, Changpeng Zhao (CZ), and co-founder of Ethereum, Vitalik Buterin.
The...
Max Keiser: New Bitcoin Network Hash Rate High Suggests Price Is Next
20.8.2019
The Bitcoin hash rate hits a new record at 82.5 TH/s
EOS Finds Music Partner, Deloitte Releases 'Blockchain in a Box'
20.8.2019
While many blockchain projects, which involve major banks, exchanges and technology firms, have not gone beyond the testing phase, almost every day new blockchain-related announcements show that the industry is not giving up. This time, we found EOS and Deloitte in the news.
It seems that EOS,...
Israel: Regulator to Aid Blockchain Firms but Crypto Pain Continues
20.8.2019
Israeli financial regulators want to provide a fast-track for blockchain and fintech companies looking to obtain business permits in the country – but individual cryptocurrency traders have been left frustrated by the banking system.
News outlet Calcalist reports that the Capital Market, Insurance...
Banking Giant Santander to Bring Ripple-Powered App to Latin America
19.8.2019
After launching its app for international payments, One Pay FX, which uses Ripple’s xCurrent solution, Spanish multinational banking giant Santander Group is expanding this service to other countries.
The company is reportedly working on several things at the moment, which would make international...
Flurry of German, South Korean, UAE Major Firms Pivot to Blockchain
9.8.2019
Etihad Airways. A number of major international companies in Europe, the Middle East and Asia have announced they will be embarking on blockchain technology-powered business operations.
In Germany, the country’s second-largest bank, Commerzbank, says it has developed a “blockchain-based payment...
Blockchain-keen Gaming Firm Snaps up Platform With 208K Active Users
8.8.2019
Mobile gaming platform Animoca Brands has struck a deal that will see it take over digital collectibles marketplace Quidd.
The Hong Kong-based gaming company said it would be acquiring 100% of Quidd’s shares, paying an initial USD 5 million upfront to Quidd shareholders, in addition...
South Korean Cities May Reward Cyclists with ‘Token’ Incentives
7.8.2019
Local governments across South Korea could be set to hand out “blockchain-powered tokens” to cyclists who use city-run bike-sharing programs.
Per media outlet NBN, a number of governing authorities in some of South Korea’s most populous cities – including Seoul, Busan and Incheon – are now looking...
9 Walmart's Blockchain/Crypto Patents Revealed in One Day
2.8.2019
Source: Instagram, Walmart
It's no wonder that the U.S. companies are among the world’s top 10 blockchain patent acquirers when even non-blockchain businessess are seeking for patents in droves. And no one knows how serious those companies are.
After Nike filed for a trademark for the term...
This Airline Says Blockchain Ticketing Sales Hit USD 1m in July
1.8.2019
Source: Instagram, s7airlines
One of Russia’s biggest airlines, S7 Airlines, says that its blockchain-powered ticketing platform processed over USD 1 million worth of sales in July alone.
S7 said that it is also planning to expand the scope of its blockchain operations and sales network,...
CryptoKitties Creators Enter NBA
31.7.2019
Dapper Labs, a blockchain company and creator of CryptoKitties, together with the National Basketball Association (NBA) and National Basketball Players Association (NBPA) is developing a new digital platform for basketball fans, NBA Top Shot.
According to the company, the platform will allow...
Seoul Gives Go-ahead to Blockchain Free Zone – But There’s a Twist
25.7.2019
Busan. The South Korean government has given the green light to a special free economic blockchain zone in Busan, the country’s second-largest city – but early indications appear to suggest that Seoul will block any attempts to allow initial coin offerings (ICOs), which will remain banned in...
Hyundai Pay to Expand Blockchain Services, E-commerce App Makes Waves
24.7.2019
South Korea’s fast-growing blockchain industry continues to show signs of health – with one of the country’s biggest conglomerates stepping up its blockchain operations.
Hyundai Pay, the electronic pay arm of the wider Hyundai Group, says that it has appointed a new CEO with a view to “expanding...
UnionBank Claims Cross-border Blockchain Remittance Breakthrough
24.7.2019
UnionBank of the Philippines says that has successfully completed a blockchain-based remittance transaction from Singapore to its home country – becoming the first Philippine bank ever to do so.
The pilot was conducted in conjunction with the OCBC Bank in Singapore and fellow Philippines-based bank...