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Huobi Hires Former Banking Giant Executive to Lead New DeFi Fund
3.8.2020
The crypto exchange group is forming a new fund to invest tens of millions of dollars in the DeFi space
Accused of Spreading a FUD Zeus Capital Doubles Down on Chainlink Pump and Dump Claims
2.8.2020
Zeus Capital LLP has released a new report reiterating its earlier stance that Chainlink is a giant pump and dump scheme. This new report comes after the little known asset management and research firm took a flak for attacking Chainlink’s token in an earlier report. In what it now terms part...
Visa Moving to Integrate With Digital Currency Platforms
26.7.2020
Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...
Japanese Financial Giant MUFG to Launch Digital Currency in 2020
20.7.2020
The world's fifth largest bank is set to go ahead with a digital currency launch in collaboration with Indeed.com parent firm Recruit Group
142 Million Guests: Hackers Attempt to Sell MGM Grand Data Dump for Cryptocurrency
20.7.2020
Last year the giant resort firm MGM Grand was hacked and the cybercriminals ostensibly obtained a massive dump of names, addresses, phone numbers, and dates of birth. Now according to vendors on the deep web, hackers have been trying to sell the data dump for monero or bitcoin. The hackers claim...
South Korean Giant Hanwha Invests $3M in Crypto Disclosure Startup
16.7.2020
Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group
Charity Giant Behind Give.org Launches a Blockchain Donation Platform
15.7.2020
The platform uses blockchain to facilitate donations to Better Business Bureau-accredited charities while ensuring donor data is only shared when permitted
Coffee Giant Behind Folgers, Café Bustelo Taps IBM for Track-and-Trace Blockchain
15.7.2020
IBM is giving its blockchain track-and-trace capabilities the social-impact treatment with a provenance application focused on coffee
Another Chinese Giant, Meituan Dianping, Might Test Digital Yuan – Report
15.7.2020
The rollout of China’s much-discussed central bank digital currency (CBDC) is getting one step closer, as the People’s Bank of China (PBoC) – the country’s central bank – is said to have entered into discussions with a giant online food delivery platform for a trial of the digital yuan.
Citing...
Japanese Banking Giant MUFG to Issue Its Own Stablecoin in H2 2020
14.7.2020
Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is planning to issue the MUFG token in the second half of 2020
Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8
14.7.2020
The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported...
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...
Chinese Power Giant & World’s 5th Biggest Company in Blockchain Dive
9.7.2020
The State Grid Corporation of China (SGCC), the largest utility company in the world, says it will launch a blockchain “lab” – in a bid to adopt blockchain technology to its business workings and internal operations.
The SGCC is headquartered in Beijing, has around 1 million employees...
Global Shipping Giant Cosco to Trial Alibaba’s Ant Blockchain
8.7.2020
Ant Financial claims its enterprise blockchain can handle a billion transaction a day and save costs in global shipping
Ride-Hailing Giant DiDi Joins China’s Digital Yuan Project
8.7.2020
The world’s second-highest-valued unicorn startup has partnered with the Chinese central bank to work on the forthcoming digital yuan
Telecom Giant Thinks Blockchain Can Make Phone Insurance More Convenient
3.7.2020
This South Korean company joined forces with Samsung to forward requests to insurance companies using Blockchain technology
South Korean Giant to Begin Crypto Custody for Institutional Investors
2.7.2020
One of South Korea’s biggest commercial banks, NongHyup (NH Bank) said it is working on a cryptoasset custodial services platform for institutional investors.
Per ET News, the bank said that it wants to launch crypto “ecosystem” operations, and also spoke of its long-term plans which include...
Chinese Bitcoin Mining Giant Ebang Is Launching an Offshore Exchange
29.6.2020
Ebang, the world's second-largest producer of bitcoin mining equipment, hopes an exchange could double total revenue by 2022
Mining Giant BHP Completes $14 Million Iron Ore Trade Using Blockchain
29.6.2020
Multi-billion-dollar mining group BHP announced it has completed a $14 million iron ore trade using a blockchain platform
Bitcoin Options Open Interest Hits Peak Hours Before Giant $1B Expiry
25.6.2020
CME Group sees a new all-time high for combined Bitcoin derivatives open interest, with options driving the momentum