HSBC Reports 25% Savings in Forex Trade Settlement Using Blockchain
London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for forex trade settlement by a quarter Go to Source Powered by WPeMatico
Month: February 2019
Bitcoin’s Social Contract Must Be Resilient to the Whims of Future Generations
Over the last few years, infighting and different visions has led to significant divides within the Bitcoin community, weakening the network effects no matter which chain you support. With all the arguments about scaling, privacy, consensus changes and the various forks, it is amazing that these public networks are still thriving. Nevertheless, the people who … Read more
Enterprise-Focused Ethereum Standards Consortium EEA to Form ‘Token Task Force’
The Enterprise Ethereum Alliance plans to contribute to entreprise tokenization by launching a “token task force” in the first half of 2019 Go to Source Powered by WPeMatico
Ripple’s Fundraising Arm Xpring Invests in XRP Community Developer’s Lab
Ripple’s fundraising arm Xpring has invested in community developer Wietse Wind’s XRPL Labs to develop applications for XRP Ledger Go to Source Powered by WPeMatico
South Korea’s Largest Telecom Company to Develop Local Crypto: Report
The South Korean city of Gimpo is reportedly developing a local cryptocurrency with the country’s leading telecommunications company, KT Corporation Go to Source Powered by WPeMatico
Stablecoins Dominate Currency Pairings for Leading Crypto Assets
Amidst the ongoing cryptocurrency bear market, stablecoins have continued to gain prominence, with USDT currently comprising the dominant pairing for three of the four largest cryptocurrencies by market cap. Also Read: Localbitcoins Trade Surges in Latin America and East Asia USDT Comprises Dominant Pairing for 3 of Top 4 Cryptocurrencies by Market Cap According to Cryptocompare, … Read more
Top Crypto Exchange Binance’s CFO: Business Still Profitable, Despite Bear Market
The chief financial officer of crypto exchange Binance — currently the world’s largest by daily traded volume — has said business remains profitable, despite the market downturn Go to Source Powered by WPeMatico
Crypto Exchange Globitex Launches Banking Solution With Instant Transfers
Cryptocurrency exchange Globitex has launched a new service called the Euro Wallet which allows users to make and receive euro payments in their personal IBAN accounts like any other European bank account. The company claims that this service is a solution to banks closing accounts of crypto businesses. Also read: Indian Supreme Court Moves Crypto Hearing, … Read more
Santander Enters $700 Million Deal to Use IBM’s Tech, Including Blockchain
IBM is set to provide technological solutions, including blockchain and AI, to the Spain’s largest bank, Santander Go to Source Powered by WPeMatico
JPMorgan Chase Launches ‘JPM Coin,’ Using Crypto to Speed Settlements
JPMorgan Chase to issue its own cryptocurrency, JPM Coin Go to Source Powered by WPeMatico