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Japanese Banking Giant Exec Says Blockchain Is Making ‘a B2B Shift’


Source: Adobe/photo_pw A senior executive at one of Japan’s biggest banking groups, the Sumitomo Mitsui Banking Corporation (SMBC), has talked up the role of blockchain technology in the world of finance – and claims that businesses are now shifting away from business-to-consumer (B2C) offerings...

Japan’s Messaging Giant Line Introduces Crypto Lending Services


Back in the summer of 2018, the Japanese messaging giant, Line Corp., launched a cryptocurrency exchange with over 30 digital assets. Now Line is introducing crypto lending services with five different crypto assets and a new lineup of decentralized applications (dapps). The Japanese messaging...

Crypto Exchange Giant Kraken Completes Japan Return + More News


Jesse Powell, CEO of Kraken. Source: a screenshot, Instagram/krakenfx Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Kraken has officially opened its new Japanese exchange under...

Global Digital Industry Group Launches Mining Business Bitworld


The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. GDIG has appointed...

Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T


A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after...

Mutual Fund Giant Fidelity Reportedly Starting its First Bitcoin Fund


The US-based mutual fund giant Fidelity is reportedly set to launch their first bitcoin (BTC) fund targeted at high profile investors. The new filing with sparse details was made public by the Securities and Exchange Commission (SEC), and it revealed that Fidelity's head of strategy and planning...

One Giant ‘LEAP’: Saudi Arabia’s New Global Tech Event


A landmark technology event of national importance is poised to galvanise public and private organisations in the region and beyond, drive social reform and female empowerment, as well as unlock the Kingdom’s boundless investment potential for seismic economic diversification. Supported by Saudi...

Telecom Giant Says ‘Local Stablecoins, Blockchain’ Powered 19% Growth


Executives of KT Group in Seoul. South Korea is just one of the countries currently reeling from the effects of the coronavirus pandemic, with economic growth down in most sectors. But one industry – telecommunications – is booming. And blockchain-powered local stablecoins appear to be helping...

Negative USD Yield Risk Adds Bitcoin On Software Giant’s Radar


Following announcements from major mainstream investors such as Paul Tudor Jones that they are adding bitcoin (BTC) to their portfolios as an inflation hedge, a US-based major software company said that it may invest part of its cash into bitcoin and other alternative investments, citing “negative...

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