Alipay’s Parent Company Secures $14 Bln for Blockchain Development
Alipay’s parent company Ant International secures $14 bln in a Series C equity funding round for blockchain and fintech development Go to Source Powered by WPeMatico
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Cryptocurrency Not Yet Usable As Money, Russian Rating Agency Concludes
A new Russian credit agency rating report into the usability of cryptocurrency finds that it is not currently viable as a means of payment, but it could gain popularity in the event of more international sanctions Go to Source Powered by WPeMatico
TRON Foundation Increases Bug Bounty Reward to $10M for Critical Bugs
A lot of exciting developments are taking place within the TRON ecosystem. Ever since the team announced the launch of the mainnet, there has been an increased focus on bug bounty hunting. The TRON Foundation’s bug bounty program recently increased its reward to as much as $10 million. It’s a big step in the right … Read more
Deutsche Bank, Allianz, Auto1 Partner to Create Car Financing Blockchain Platform
German online car exchange Auto1 partners with Allianz and Deutsche Bank to create a blockchain-based loan and refinancing platform Go to Source Powered by WPeMatico
Quebec Halts Crypto Mining Electricity Requests Amid Huge Demand, Forms New Framework
The Québec government has ordered Hydro-Québec to halt electric power sales to crypto miners, and announced a new framework for this category of electricity consumers Go to Source Powered by WPeMatico
BBVA CEO Expects Blockchain Tech to Take off in Five Years or Less
There are high expectations associated with blockchain technology. Not only do blockchains power all of today’s popular cryptocurrencies, but they will also make a splash in the financial sector. BBVA CEO Carlos Torres Vila is confident that distributed ledgers will make their mark within the next five years. The Financial Sector Needs Blockchain and Transparency … Read more
Thailand’s Central Bank Eyes Creating Its Own Digital Currency for Interbank Settlements
Thailand’s central bank is considering issuing its own digital currency, claiming that it would reduce transaction times and costs for interbank settlements Go to Source Powered by WPeMatico
In Reddit AMA, Binance Labs Says Decentralization is ‘Investment Focus Sector’
In a Reddit AMA, Binance Labs prioritizes decentralization, and takes a long-term perspective on choosing projects in which to invest Go to Source Powered by WPeMatico
Colombian Senate Debate: ‘Blockchain Could Change Lives’
The Third Committee of the Colombian Senate convened yesterday to debate crypto and blockchain “as mechanisms to modernize the digital economy” Go to Source Powered by WPeMatico
The Netherlands’ Central Bank: Blockchain Doesn’t Yet Meet Demands of Financial Markets
The central bank of the Netherlands finds blockchain tech does not currently meet the demands of financial markets Go to Source Powered by WPeMatico