Financial services giant Standard Chartered has announced that it has successfully completed its first blockchain-based cross-border Letter of Credit (LC) transaction in the oil industry with PTT Group.
Support: 55.85 (Apr 29 low); Resistance: 64.48 (5-DMA)
The Korea Financial Intelligence Unit (KoFIU) intends to bring cryptocurrency exchanges operating in the country directly under the regulatory system, Business Korea reported.
The Indian Ministry of Finance’s Office of Deputy Director of Income Tax is reportedly sending letters to citizens asking details about their cryptocurrency-related dealings, Bitcoin.com reported.
Support: 0.2820 (Trendline); Resistance: 0.3222 (21-EMA)
Overstock’s security token trading platform tZERO has been awarded a patent by the U.S. Patent and Trademark Office for a technology that uses digital signatures to record and verify market data including related trad…
Support: 331.29 (21-EMA); Resistance: 349.54 (55-EMA)
Seoul, the capital and largest city in South Korea, is set to roll out a point system that will reward its citizens with S-coins for using public services, like paying taxes and participating in polls.
Update: In its official blog post, Binance has said that it has found inconsistencies between the data that is being distributed in the Telegram group and the data in its system.
Blockchain startup VeChain has announced that over 20 wines have gone live on the Wine Traceability Platform (WTP), powered by its one-stop BaaS platform VeChain ToolChain.
Mastercard will use blockchain technology to trace the provenance of limited edition fashion items during an upcoming showcase of women fashion designers.
British tax authority HM Revenue & Customs (HMRC) is asking cryptocurrency exchanges to provide the name and transaction histories of their customers, as the office attempts to recover unpaid taxes.
In its response to the SEC’s June complaint, Kik has stated that the securities watchdog has twisted facts and taken comments out of context, CoinDesk reported.
Support: 11.16 (200-DMA); Resistance: 12.14 (21-EMA)
The Enterprise Ethereum Alliance (EEA) has revealed its new board member appointee, Aya Miyaguchi, the executive director of Ethereum Foundation, and unveiled its new “Mainnet Initiative.”
Crypto lending firm BlockFi has secured $18.3 million in a Series A funding, spearheaded by Valar Ventures.
Support: 11658 (cloud top); Resistance: 12,000 (psychological level)
Cryptocurrency exchange Coinbase has revealed that it is considering adding support for eight new crypto assets on its platform.
Representatives from a number of data protection and privacy enforcement authorities from around the world have issued a joint statement on global privacy expectations of the Libra network.
In a new report, the U.N. has estimated that North Korea has stolen around $2 billion from banks and cryptocurrency exchanges via cyberattacks, Reuters reported.
Japanese crypto exchange Bitcoin is resuming some trading services on its platform following the massive $28 million hack in mid-July.
Samsung announced that it is adding 13 new apps to its official DApp store, called Blockchain Keystore.
The head of Thailand’s Anti-Money Laundering Office (Amlo) wants to amend the country’s laws to include cryptocurrency, Bangkok Post reported.
South Korea’s Defense Acquisition Program Administration (DAPA) is creating a blockchain platform as it aims to enhance its business operations.
Support: 0.0223 (5-DMA); Resistance: 0.0240 (21-EMA)
Social networking giant Facebook has appointed a former aide to the chairman of the U.S. Senate Banking Committee to lobby for Libra, its cryptocurrency project announced in June, Politico reported.
Sinsang Market, a South Korean business-to-business fashion platform, has joined Terra Alliance, Cointelegraph reported citing local news portal EconoNews.
Support: 1.3413 (23.6% Fib); Resistance: 1.5416 (Upper BB)
In a series of Twitter post on Monday, Ryan Zurrer, director at Web3 Foundation (W3F), has announced that he will be stepping down from his role.
United States Securities and Exchange Commission (SEC) commissioner Hester Peirce expressed her support in establishing a non-exclusive safe harbor for token offerings, according to a copy of her keynote speech during…
Support: 87.43 (Lower BB); Resistance: 102.43 (55-EMA)
Financial services giant Standard Chartered has successfully completed its first blockchain-based deep-tier supply chain financing transaction with China-based supply finance firm Linklogis. The financing was intended…
IBM and Chainyard have announced a new blockchain initiative that aims to address the challenges related to supplier information management.
Support: 17.43 (61.8% Fib); Resistance: 18.77 (200-DMA)
Litecoin, the fourth-largest cryptocurrency by market cap at the time of writing, has halved its block reward for miners, CoinDesk reported.
Leading Car brand Volvo Cars has produced the first electric cars which contain recycled cobalt mapped on a blockchain, Reuters reported.
Digital asset exchange OKEx has rolled out a new comprehensive data insights platform that covers the trading trends of derivatives.
Financial giant Mastercard is seeking top-level executives for spearheading its cryptocurrency and blockchain efforts, The Block reports citing the company’s job board.
Support: 218.24 (20-DMA); Resistance: 240.09 (55-EMA)/ 256.72 (38.2% Fib)
