Latest news — Page 622

London-based bitcoin exchange Coinfloor has teamed up with Enumis, an electronic money institution, to offer bank-like accounts to firms handling cryptocurrencies.

Support: 151.67 (21-EMA); Resistance: 183.30 (Trendline)

Rakuten Wallet, a cryptocurrency exchange being launched by Japanese e-commerce giant Rakuten, has partnered with blockchain security company CipherTrace to ensure anti-money laundering (AML) compliance.

Mphasis, an Indian tech firm that is majorly owned by American private equity firm Blackstone Group LP, has teamed up with blockchain software developer Bitfury for a trade finance project, Reuters reported.

Global investment app Abra has announced the launch of a new feature that will allow users outside of the United States to make fractional investments in stocks and exchange-traded funds (ETFs) using bitcoin.

Bitbond, a blockchain-based lending platform, has commenced a security token offering (STO), which it claims is the first to be approved by the German financial regulatory authority, CoinDesk reported.

Support: 422.59 (61.8% Fib); Resistance: 517.57 (78.6% Fib)

Velocity Ledger Technology (VLT), a fintech startup, has released its testnet and blockchain network API for the issuance, trading, and settlement of digital assets in Bermuda.

Dubai Land Department (DLD), a government department under the Executive Council of Dubai, has signed a license agreement with the UAE-based Mashreq Bank to launch a blockchain-based mortgage platform to modernize its…

Support: 0.3949 (21-EMA); Resistance: 0.6100 (Oct 8th high)

The Russian state of Nizhny Novgorod is trialing blockchain application in state administration, Forklog reported.

Support: 72.75 (21-EMA); Resistance: 94.68 (Nov 29 high)

Blockchain-based trade finance startup Crowdz has raised $5.5 million in a Series A investment round to revolutionize the $9 trillion receivables market worldwide.

The Kin Foundation, which oversees the cryptocurrency developed by the chat platform Kik, has initiated a new campaign to fund a potential legal battle with the United States Securities and Exchange Commission (SEC), …

Venture capital firm Blockchain Capital onboarded Facebook veteran and crypto entrepreneur Ben Davenport as its venture partner, CoinDesk reported.

Hdac Technology, a Hyundai-backed blockchain technology company, has inked a business agreement with fintech firm TODAQ for strategic business cooperation.

Mediterranean Shipping Co. (MSC) and CMA CGM, two of the biggest container shipping firms in the world, are set to join TradeLens, the blockchain-based digital shipping platform developed by Maersk and IBM.

The blockchain team at investment banking giant JPMorgan Chase has developed a new feature for ethereum blockchains, which will allow hiding not only how much money is being sent, but also the identity of the sender, …

The South Korean government is keeping a tight watch on the cryptocurrency market again after a pan-governmental meeting was held on Tuesday, according to local broadcasting station KBS World Radio.

EOS has retained the top position in the latest update of China’s cryptocurrency ranking released on May 23, with Bitcoin climbing up to the 12th place.

The International Organization of Securities Commission (IOSCO) is seeking feedback on a consultation paper published on Monday on regulating crypto-asset trading platforms (CTPs).

Kakao Mobility, a subsidiary of South Korean internet giant Kakao, has signed a Memorandum of Understanding (MOU) with stablecoin project Terra, TokenPost Korea reported.

Support: 0.0312 (5-DMA); Resistance: 0.0414 (July 29 high)

Justin Sun, founder of TRON and CEO of BitTorrent, announced plans to launch BitTorrent File System (BTFS) this week following a recent tweet that said that “something huge and amazing” was in the works.

An official of the European Central Bank (ECB) stressed the benefits of central bank digital currencies (CBDCs) while warning to take caution in a speech published by the Bank of International Settlements (BIS) on Mon…

Canadian blockchain analytics firm BIG Blockchain Intelligence Group has announced the acquisition of crypto startup Netcoins.

Decentralized exchange startup 0x has teamed up with Israel-based Starkware to conduct testing of a zero-knowledge proofs (ZKP) solution called StarkDEX, CoinDesk reported.

Microsoft Excel has reportedly added the Bitcoin symbol as its currency option to its software, according to several posts on Reddit and Twitter.

Support: 0.3467 (200-DMA); Resistance: 0.4593 (55W-EMA)

Producer Ryan Kavanaugh-founded firm Proxima Media has raised $100 million for a new crypto token intended for the Hollywood industry, Proxima announced in a press release.

Chinese e-commerce behemoth Alibaba is going to integrate blockchain technology into its intellectual property protection system of enterprises and brands, Cointelegraph reported citing a report from Sohu.

T-Labs, a unit of leading German telecom firm Deutsche Telekom, has partnered with Binance-listed project Fetch.AI to create decentralized Internet of Things (IoT) network innovations.

Support: 8465 (5-DMA); Resistance: 9532 (38.2% Fib)

Singapore-based Blockchain Wine has selected “Big Four” professional services firm EY to build a blockchain solution for determining the quality, provenance, and authenticity of new and vintage wines.

Japanese cryptocurrency exchange Taotao announced in a tweet that its trading platform will go live on May 30, at midday local time.

The Maltese government has awarded the first Blockchain and Distributed Ledger Technology (DLT) scholarship grants to 19 students, with an investment amounting to €160,000 ($179,000).

Square Crypto, a crypto-focused initiative announced by Twitter co-founder Jack Dorsey, is close to making its first hire.

Cryptopia’s assigned liquidator Grant Thornton New Zealand revealed on Monday that it has filed for bankruptcy protection in the United States following the cryptocurrency exchange’s hacking incident in January.

Ethereum development studio ConsenSys has unveiled a blockchain and decentralized application (Dapp) kit to guide developers who desire to join the burgeoning blockchain space.

Shinhan Financial Group (Shinhan Bank), South Korea’s oldest bank, has unveiled a blockchain-based platform to hasten loan process, South Korean news outlet Yonhap reported.