Wells – DIGIT INFO

Wells Fargo partners with HSBC to settle FX transactions using blockchain

DIGIT — Tue, 14 Dec 2021 13:35:39 +0000

Juniper research report says cost-savings for banks using blockchain tech would grow by 3,300% by 2030.

Bitfinex Partnered With at Least 6 Different Banks During 2018

DIGIT — Tue, 29 Jan 2019 10:00:55 +0000

22 months since Wells Fargo suspended the processing of withdrawals sent by four Taiwanese banks that service Bitfinex, the platform remains among the top 20 exchanges by adjusted volume. While Bitfinex hosted more than $5 billion in trade this past month, the exchange has struggled to establish reliable banking partners, with traders seeking to deposit […]

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Hydro-Quebec Considers Halting Mining Operations During Winter

DIGIT — Thu, 12 Apr 2018 15:55:08 +0000

The migration of cryptocurrency miners to hydro-power abundant Quebec has been received cautiously lately, following an initial period over-exuberance on the part of local officials. The future for Quebec’s mining industry has since encountered a number of hurdles, from the province’s ability to supply power during the dry winter season to the often overlooked environmental […]

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