Saturday, March 2, 2024
     China's Bitmain, the world’s most profitable Bitcoin mining company with a reported net return of $4 billion in profits, has recently decided to reinvest some of their capital. Bitmain has led a USD 110 million fund for...
     Last Monday, financial services group, HSBC, claimed it had successfully performed the world's first “commercially viable” trade finance transaction using blockchain technology, exponentially speeding up a process that normally takes a week or more to be completed...
     LG CNS, is a subsidiary of LG Corporation that supplies information technology services. Recently, LG CNS launched its own blockchain-powered platform “Monachain”, aimed at taking a stake in the lucrative, blockchain-logistics business sector related to finance, telecommunication...
The blockchain industry is growing. Every day, more and more technology providers are joining the growing list of software and hardware businesses working with encryption technology services. Companies like Amazon Web Services, IBM, Microsoft or BlockApps, a Microsoft affiliate,...
Jeong Ki-wook, founding member of TrustVerse, a major South Korean wealth management firm and former Cisco executive said in an interview with the tech-news outlet, ZDNet Korea, that he firmly believes that, with the right improvements, cryptocurrency assets, like...
The Iranian Information and Communications Technology (ICT) Minister, Mohammad Javad Azari-Jahromi, announced recently that the Islamic Republic of Iran is working on a state cryptocurrency project. The ICT Minister, Iran’s youngest minister, says the the local project would not...
    The first Japanese, bank-owned cryptocurrency exchange will be launched this summer. Yoshitaka Kitao, president of SBI group, announced on April 26, that the banking giant is launching the SBI Virtual Currencies, Japan´s first fully bank-owned, cryptocurrency exchange....
     The BBVA, Spain´s second biggest lender, is the first bank to use blockchain technology to issue a loan, successfully completing a pilot of €75 million this Tuesday. As reported by the Financial Times, the Spanish bank completed...
     According to a Reuters survey, "20% of companies will get in the cryptocurrency trading space this year." In recent months, more and more established banks and other asset-related companies are getting involved in the cryptocurrency trading market.  This,...
“Certainly, Nasdaq would consider becoming a crypto exchange” says company’s CEO Adena Friedman.      The CEO of the second largest stock exchange in the world, Nasdaq, said in an interview with CNBC´s Squawk Box, that the company is open to...