Archived Posts

Through a tweet, Coinbase Custody disclosed that it has $1.3 billion worth assets under custody (AUC) and the company anticipates having $2 billion AUC soon. Last week, through a series of tweets, Sam McIngvale, the company’s CEO, and Philip Martin, the chief information security officer, toured the UK. The aim of the visit was mainly   Read more...

Iceland’s financial regulator, the Financial Supervisory Authority (FME), has granted permission for the country’s first blockchain based e-money firm. Monerium, a company out of Reykjavik, has received the approval from the Iceland’s financial regulator to offer fiat remittance facility using ethereum (ETH) blockchain. Notably, Monerium is backed by ConsenSys, a blockchain software company. The report   Read more...

Alukönigstahl, Austrian steel trading firm, is in the process of developing a blockchain powered database for steel trading. Stefan Grüll, CEO of Alukönigstahl, is creating a prototype of a blockchain powered database suitable for steel trading. The database, named “STEEL but SMART,” concentrates on conventional use scenarios. Within the guidelines that define the project, Grüll   Read more...

Facebook, one of the leading social media platform providers, has received backing from more than a dozen institutions operating in the crypto and blockchain sector for its planned cryptocurrency, which will have features comparable to a stable coin. Facebook is reported to have secured backing from more than a dozen firms including Uber, Mastercard, Visa   Read more...

Beginning September, Cryptocurrency speculators and investors residing in the US and having their account with Binance will be severely constrained as the latter has decided to suspend its service in the country. The report is based on the table provided below showing the list of cryptos that can be traded by the US based traders   Read more...

In a development report published yesterday, the Google Cloud team has revealed that it has brought together Chainlink’s oracle middleware and BigQuery enterprise, which is cloud data warehouse, enabling on-chain and cloud based interface with Ethereum based decentralized app and deployed smart contracts. A blockchain oracle platform offers requisite external info i.e., the parameters to   Read more...

Icertis, a well-known firm offering contract management services to enterprises, is partnering with Microsoft to widen its blockchain-based contract management system. With partnership in place, Microsoft will assist Icertis to broaden its Icertis Blockchain Framework, which is structured to improve transparency and capability of contract management infrastructure using smart contracts facility. The Icertis Blockchain Framework   Read more...

Reuters and Bloomberg terminals have listed the top 100 exceptionally performing cryptos and tokens. Put together, both financial terminals are used by more than 500,000 speculators and investors across the globe. The terminals will offer CIX100 index, which was developed by Cryptoindex, a firm offering cryptocurrency index using AI (artificial intelligence). CIX100 lists cryptocurrencies based   Read more...

Enterprise level blockchain software provider R3 consortium disclosed that it is in the process of creating a unique blockchain based platform in Brazil, with participation from three Brazilian banks, namely Bradesco, Itau and B3. R3 Consortium, an association of banks and tech firms, revealed the collaboration with Brazilian banks during the CIAB Febraban event that   Read more...

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