IBM’s Blockchain Patents: From Food-Tracking and Shipping to IoT and Security Solutions
IBM’s 89 blockchain patents, or how the company has set an impressive pace to catch for tech giants in the decentralized space Go to Source Powered by WPeMatico
Finance
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Report: Barclays Drops Plan for Cryptocurrency Trading Desk
Barclays (LSE: BARC) has reportedly scrapped its plan to launch a cryptocurrency trading desk. However, it remain unclear whether the U.K. banking giant is acting under pressure from regulators or for other reasons, such as insufficient demand for crypto-related services from hedge funds. Also Read: Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a … Read more
New Venture Capital Fund Secures $100M to Invest in Crypto Startups
Dragonfly Capital Partners, a new crypto-focused venture capital firm, has announced the launch of its first $100 million fund dedicated to investments in crypto assets. Its investors include Okex, Bitmain and other well-known names in the industry. Also Read: Exchanges Roundup: Coinbase Volumes Hit 1-Year Low, UK Exchange to Fire Most Staff Meet Dragonfly Capital … Read more
ICO Activity Down 90% This Year, Research Shows
An independent study by Autonomous Research has found that initial coin offering (ICO) activity globally has dropped over 90 percent this year. With the high of about $3 billion in funds raised by token sales at the beginning of this year, September investments were less than $300 million, according to the firm. Also read: 160 Crypto … Read more
European Banks Facilitated Large Crypto-Fiat Deals, Probe Finds
Several financial institutions in Europe, like Danske Bank and Swedbank, have been mentioned in a Lithuanian report investigating large-scale crypto-fiat transactions that took place in the past two years. Some of the banks’ clients traded digital coins worth millions of euros and the Baltic nation’s financial crime combating agency wants to know where the first … Read more
Italian Banking Association Completes First Test of Blockchain-Based Interbank System
A group of 14 Italian banks has successfully completed the first stage of its blockchain-powered interbank system project Go to Source Powered by WPeMatico
FT Highlights Crypto as One of Last 10 Years’ ‘Biggest Changes’ in Financial Markets
FT releases special report on financial markets, outlining crypto as one of the “biggest changes” globally over the past 10 years Go to Source Powered by WPeMatico
New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’
Following some notable premiers in the genre recently, the next batch of stablecoins is on the way. A British startup is partnering with a bank to launch a GBP-pegged crypto, a Swiss commodities trader wants to mint a coin backed by metals, and a Mongolian telecom has been licensed to issue the country’s first digital … Read more
Will BAKKT Set The Stage For Widespread Cryptocurrency Adoption?
The first question for some of you may be what is BAKKT? Well, it is an exchange project funded by the parent company of the New York Stock Exchange (NYSE) which is the Intercontinental Exchange, otherwise known as ICE. This new platform is seeking to become the first cryptocurrency trading exchange on Wall Street, and … Read more
TD Bank Partners with Startup to Add Blockchain and AI Solutions to Investment Products
Amid growing concerns about identity theft and fraudulent transactions, major brand TD Bank has signed a deal to integrate blockchain technology into its future products #SPONSORED Go to Source Powered by WPeMatico