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UK Financial Watchdog Blacklists Clones of Two Major Financial Firms
14.6.2019
The British financial regulator, Financial Conduct Authority, has blacklisted two clones of financial firms, including one posing as Goldman Sachs
General Motors Enters Blockchain Space, Leads $23 Million Funding Round For Spring Labs
13.6.2019
The American automobile giant General Motors is leading the $23 million seed funding round for blockchain start-up Spring Labs. This is the company’s first foray into the world of decentralized technology, which we touted to be a thing of the future. Spring Labs is a start-up which aims to provide...
CME’s Bitcoin Futures Hit New Records
11.6.2019
Ever since the Chicago Board Options Exchange (Cboe) announced it was ending its bitcoin futures products back in March, the Chicago Mercantile Exchange (CME Group) has seen a huge influx of bitcoin derivatives volumes. During the second week of May, CME’s bitcoin futures touched a milestone...
VP of Largest Brazilian Bank: Local Banks to Soon Introduce Unique Blockchain Platform
11.6.2019
The vice president of the largest Brazilian bank revealed that local banks are preparing to introduce a unique blockchain platform on June 12
Visa Launches Global Cross-Border Network Based on Certain Aspects of Blockchain
11.6.2019
Global payment giant Visa has launched a network for cross-border payments that is partially based on blockchain technology
Leaked Details of India’s Supposed New Cryptocurrency Bill Analyzed
11.6.2019
Excerpts from what could be India’s new cryptocurrency bill have been leaked. While local media have made outrageous claims about the details of the bill, industry experts have pointed out numerous flaws and inaccuracies. Meanwhile, the country’s finance secretary has confirmed that...
Russia May Build Offshore Destination for Cryptocurrencies, Exchanges and Forex
10.6.2019
Russia may build a large financial center on the island of Bolshoy Ussuriysky
Cypherpunk Adam Back Speaks of Blockchain Benefits at G20 Meeting of Finance Ministers
10.6.2019
Cypherpunk Adam Back, often regarded as the father of virtual currencies, took part in an event at the G20 meeting of finance ministers
Microsoft Announces Fastest Ever Gaming Console Named ‘Project Scarlett’
10.6.2019
Over the past few years, Microsoft has turned around in a decisive way and has returned to its former glories again. However, even during the days when the company was not growing at the expected rate, its gaming console brand XBOX remained a highly popular product. It remains so to this day,...
G20 Finance Ministers’ Meet Concluded In Japan, Multilateral Response To Crypto Suggested
10.6.2019
The G20 Summit of finance heads of the member countries met during the weekend in Japan, and cryptocurrencies were among the major discussion points. The leaders, including finance ministers and central bank governors, have stated that the Financial Stability Board (FSB), and global regulators must...
G20 Finance Chiefs Endorse 'Draconian' Crypto Trading Measures
10.6.2019
Tarō Asō, the Finance Minister of Japan, and Haruhiko Kuroda, the Governor of the Bank of Japan, at the meeting in Fukoka. Finance ministers and central bank chiefs from the Group of 20 (G20) major economies asked international organizations to monitor risks and consider work on additional...
G20 Finance Leaders Ask Global Regulators to Consider Multilateral Response to Crypto
9.6.2019
The financial leaders of G20 countries urged the Financial Stability Board and other international bodies to monitor risks around crypto
G20 Starts Crypto Discussions – A Look at Global Standards
9.6.2019
Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member...
Now Holiday In NASA Space Station For A Cool $50 Million
8.6.2019
For as long as NASA has existed, it has been a source of the fascination of millions of people from all over the world. Over the years, many individuals have expressed a desire to be in the shoes of the astronauts for even a day and spend a day at NASA’s iconic International Space Station....
Vast Majority of DApps for Finance Built on Ethereum Blockchain
8.6.2019
Ethereum developers are dominating the finance DApp space according to a recent Binance study
Budweiser Owner Invests in Blockchain Startup Working to Alleviate Poverty
7.6.2019
Budweiser's parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers
Mexican Greets Migrants through Its Southern Border with Armed Forces
6.6.2019
While the United States authorities might be railing about the flow of migrants from Mexico, it is imperative to know that the country itself has been suffering from illegal immigration for quite a few years. Over the years, plenty of illegal immigrants have tried to get into the country...
Analyst Calls Elon Musk a Charlatan and Terms Tesla Stock Worthless
6.6.2019
Tesla is often regarded as one of the most innovative companies in the world and for the right reasons, considering the fact that it remains one of the biggest pioneers in the electric vehicle industry. By the same token, its founder Elon Musk has also acquired a cult-like following all over...
Russia’s Third Largest Food Retail Firm Uses Blockchain-Based Open Trade Finance Platform
5.6.2019
Russia’s third-largest food retailer, Dixy, has implemented an Ethereum blockchain-enabled trade finance platform for factoring services
Volkswagen’s Digital Transformation to See Cuts to 4000 Jobs
5.6.2019
Over the years, plenty of companies have gone on digital transformations that have seen core jobs being reduced at the expense of more robust Information Technology (IT) departments, and that is exactly what is going to happen with Germany car manufacturing giant Volkswagen. It has now emerged that...