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Business Technology
A number of central banks will likely issue CBDCs in the next three years, says BIS survey

Most central banks are already exploring the possibility of issuing their own central bank digital currency (CBDC). In a recent report, the Bank of International Settlements (BIS) projects that a number of countries will...

Business Technology
Crypto-related crime fell to 0.34% of trading volume in 2020 from 2% in 2019

2020 has been a banner year for the crypto market. Despite initially faltering in March with the coronavirus pandemic-induced crash, it recovered and even rallied to new heights with various cryptocurrencies such as...

Technology Business
Yantai Ferry ready to launch blockchain-based LC Issuance platform – Sea Road Chain

Yantai Ferry is modernizing its operations by integrating blockchain, the same technology used in cryptocurrencies such as Bitcoin (BTC) and Ether (ETH), into its payments and settlement system. The Korea-China shipping...

Technology
Ripple Client ACI Chosen For Fed’s Pilot Program, While One More Exchange Joins RippleNet

US Fed Reserve has selected a major Ripple client ACI Worldwide for its pilot program for the future start of a new real payments service FedNow. In the meantime, a Dubai-based LuLu exchange has joined RippleNet to...

Business Technology
South Korean crypto fintech firm raises $25M in a funding round co-led by Galaxy Digital

Terraform Labs, a South Korean crypto fintech firm, has recently raised $25 million in a new funding round co-led by Michael Novogratzs Galaxy Digital. The company plans to use the additional capital to develop new DeFi...

Technology
Cardano's (ADA) Smart Contract Environment Plutus Goes Live In Devnet

According to an official announcement by Input Output HK, the software company behind Cardanos blockchain solutions, the new testing environment Plutus Playground is up and running. Based on Haskell principles, it allows...

Technology
IATA tests blockchain-based passports that store health data such as COVID-19 tests and vaccination status

Blockchain technology is now being employed to keep international travels as safe as possible during the coronavirus pandemic. Starting next month, the International Air Transport Association (IATA) will begin testing the...

Technology
Customer data of hacked crypto exchange BuyUCoin leaked online

Last year, Indian crypto exchange BuyUCoin became the victim of a hack when cybercriminals breached the platforms security. While the no crypto funds were stolen, the hackers have recently leaked the personal data of...

Technology
ENS Announces DNS Namespace Integration On Testnet

As per an official post, ENS has deployed the smart contracts for the integration of the DNS namespace into ENS on the Ropsten testnet, and Ethereum Classic Labs (ETC Labs) has given ENS a grant to sponsor the development...

Technology Insights & Views
Crypto adoption rising even among older age group says survey

Previous studies have revealed that crypto adoption has risen since the onset of the coronavirus pandemic as more people opted for online shopping and use cashless payment options. But whats surprising in a recent survey...

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