Goldman Sachs reportedly started trading on JPMorgan’s repo blockchain
Goldman Sachs reportedly traded digitized treasury bonds for JPM Coin on JPMorgan Chase’s Onyx blockchain platform. Go to Source Powered by WPeMatico
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Iran government reportedly bans local blockchain association
A crypto warning list is the main cause of the ban, according to the head of the Iran Blockchain Community. Go to Source Powered by WPeMatico
$71B in crypto has reportedly passed through ‘blockchain island’ Malta since 2017
The Financial Action Task Force, a membership body of 37 jurisdictions and two regional organizations, has flagged Malta’s initial push to attract cryptocurrency business as “problematic.” Go to Source Powered by WPeMatico
$3.6 Billion Crypto Heist: South African Bank Denies Business Relationship With Fraud Accused Africrypt
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable the investment company’s transactions which helped Africrypt’s two directors disappear with billions of dollars in investor funds. Disappearance of Investor Funds The financial … Read more
Motor Team McLaren Racing Partners With Tezos to Build NFT Platform
On Thursday, McLaren Racing announced the British motor racing team selected Tezos as the organization’s official partner across the Indycar series, Formula One, and esports. Tezo will create a non-fungible token (NFT) platform for McLaren Racing in order to showcase the motorsport group’s world-class drivers and “illustrious racing heritage.” McLaren and Tezos Team up to … Read more
Shanghai Man: Economist says El Salvador ‘on road to death’, salaries paid in e-CNY …
Former banking heads question foreign financial policies, workers paid with digital yuan in milestone pilot and a large Series A is closed by DeFi platform SynFutures. Go to Source Powered by WPeMatico
As NFT market cools, a chance to learn lessons from its explosive growth
What’s next for the NFT industry? Now the heat has escaped the market, there’s an opportunity to tackle some of the obstacles that arose during the sector’s explosive growth. Go to Source Powered by WPeMatico
Bitcoin first ‘genuinely new asset class’ in 150 years, says Ric Edelman
Financial adviser, Ric Edelman says his colleagues need to get rid of their bias and examine Bitcoin and crypto assets with “open eyes” and “genuine curiosity.” Go to Source Powered by WPeMatico
DAO1 Hackthon Targets African Blockchain Devs
As part of an initiative that seeks to build the crypto and blockchain space talent base, the Decentralized Autonomous Organization (DAO1), a community-led protocol, will be holding a major collaborative computer programming or a hackathon. Organizers are hoping this event will help to create a buzz about cryptocurrencies and blockchain technology. To understand more about … Read more
Billionaire Mark Cuban Commends Defi Economy Dubbing It the ‘Next Great Growth Engine’
On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog. Cuban details that many defi organizations are different because they are not corporate entities or based in the United States. He believes that “no one … Read more