TokenPost reporter
Charissa Echavez
Reporter
Stories by Charissa Echavez
- TP ICAP enters crypto business to trade bitcoin futures
TP ICAP, the largest interdealer broker in the world, is opening its digital doors to bitcoin trading with the launch of its Digital Asset Markets business.
· Business
- Graph Blockchain secures deal with South Korea's Ministry of Transportation for blockchain-based pilot project
Blockchain development firm Graph Blockchain announced that it has partnered with South Korea’s Ministry of Transportation to initiate a pilot project for blockchain-based traffic data storage, according to a news rel…
· Business
- Circle, Coinbase unveil their new CENTRE stablecoin network
Cryptocurrency firms Circle and Coinbase are joining forces to make money as easy to move around the world as internet data and content through their new Stablecoin Network called CENTRE.
· Business
- AICPA proposes new standards for blockchain-based audit evidence
The American Institute of Certified Public Accountants (AICPA) has proposed an updated set of standards for audit evidence including the accommodation of blockchain-based data.
· Regulation
- Propy completes TechCrunch founder's $1.6M property sale on blockchain
Blockchain-based real estate platform Propy announced that it has completed the $1.6 million sale of a San Francisco property owned the venture capital fund CrunchFund, co-founded by Michael Arrington.
· Business
- Bank of International Settlements calls for coordinated regulation on big tech firms Facebook, Google, Amazon
The Bank of International Settlements (BIS) has cautioned that financial services provided by giant companies like Alibaba, Amazon, Facebook, Google, and Tencent could come with new risks for the banking sector as wel…
· Regulation
- Royal Bank of Canada, Microsoft launch 'Go Digital' program to help companies modernize
The Royal Bank of Canada (RBC) and Microsoft revealed the launch of their new “Go Digital” program, which aims to help businesses confront the challenges brought by digital transformation.
· Technology
- Bithumb to launch South Korea's first anti-money laundering center: Report
South Korean cryptocurrency exchange Bithumb has announced that it will launch the country’s first ever money laundering prevention center, the Korea JoongAng Daily reports.
· Business
- Galaxy Digital to launch crypto options contracts as demand increases
Galaxy Digital, the crypto investment bank of former hedge fund manager Mike Novogratz, has expanded its services, offering cryptocurrency options contracts trading, according to The Block.
· Business
- IRS in hot pursuit of cryptocurrency tax evaders
The U.S. Internal Revenue Service (IRS) will start auditing taxpayers who own crypto-assets, according to Bloomberg.
· Regulation
- Malta to require all rental contracts to be registered on blockchain
The Malta government’s new rent laws will require all property rental contracts to be registered on the blockchain, Malta Today reported, citing the island nation’s Prime Minister Joseph Muscat.
· Technology
- FATF to move cryptocurrency operators from "dark shadows" as it calls for stronger regulations
The Financial Action Task Force (FATF) will focus on combating money laundering and terrorism financing by strengthening cryptocurrency regulations for its member nations.
· Regulation
- Russia's Ministry of Finance hints at allowing cryptocurrency trading: Report
Russia is reportedly considering permitting cryptocurrency trading, although a final decision is yet to be made, Deputy Minister of Finance Alexi Moiseyev revealed on Friday as per a report by Interfax.
· Regulation
- IOTA, Primority to develop smartphone app to track potentially fatal food allergens using blockchain
Non-profit blockchain organization IOTA Foundation has partnered with UK-based digital food safety management company Primority to use blockchain to monitor food safety in the food supply chain and track food allergens.
· Technology
- Facebook's digital wallet Calibra may not be available in India: Report
Facebook’s new cryptocurrency project Libra may not be made available in India, as the country’s existing regulations prohibit the use of banking network for blockchain currency transactions, the Economic Times reported.
· Business
- Wanxiang, PlatON collaborate to build blockchain-powered smart city in China
China’s automotive giant Wanxiang Holding Co., Ltd. and PlatON, a blockchain-based tech firm, have partnered to develop a “smart city” in Hangzhou, which is slated to be completed by 2025, according to a report by Cry…
· Technology
- Major cryptocurrency exchange KuCoin lists rival Binance Coin, supports Binance Chain projects
Singapore-based cryptocurrency exchange KuCoin announced that it has listed Binance’s native token Binance Coin (BNB).
· Business
- MetLife’s LumenLab pioneers blockchain initiative to automate life insurance claims
Metlife subsidiary Lumenlab, together with Singapore Press Holdings (SPH) and NTUC Income, is utilizing blockchain technology to automate the verification process for life insurance claims.
· Technology
- Social currency startup Roll raises $1.7M to bring monetization opportunities for content creators
Social currency startup Roll has secured $1.7 million investment in a seed round, led by BitMEX CEO Arthur Hayes with participation from Gary Vaynerchuk, Techstars Ventures, Hustle Fund, and Techstars NYC, CoinDesk re…
· Business
- Blockchain firm Algorand's token sale raises $60M within four hours
Proof-of-stake based blockchain protocol Algorand has raised more than $60 million in a token sale conducted on CoinList.
· Business
- Open banking platform Token secures $16.5M strategic investment to transform payment industry
Turnkey open banking platform Token announced that it has raked in $16.5 million from prominent investors including BNP Paribas-backed Opera Tech Ventures, Octopus Ventures, and EQT Ventures.
· Business
- U.S. Senate schedules July hearing for Facebook's Libra crypto
The United States Senate Banking Committee will conduct a hearing on Facebook’s Libra cryptocurrency project on July 16, according to Market Watch.
· Regulation
- Ethereum-powered video platform raises $8M in Series A funding led by Northzone
Ethereum-based decentralized video encoding platform Livepeer announced that it has raised $8 million in a Series A capital funding round led by Northzone, according to a Medium post published on June 17.
· Business
- U.S.-based Monsoon Blockchain inks MOA with two Philippines government agencies DTI, DICT
U.S.-based Monsoon Blockchain Storage has inked separate deals with the Philippines’ Department of Information and Communications Technology (DICT) and Department of Trade Industry (DTI) to promote the use of blockcha…
· Business
- India's TRAI may implement blockchain in mobile number portability
After successfully respiting unsolicited commercial communication (UCC), the Telecom Regulatory Authority of India (TRAI) is planning to extend the use of blockchain technology to other areas including mobile number p…
· Technology
- Litecoin Foundation, Bibox, Ternio to unveil physical cryptocurrency debit card 'Litecoin Blockcard'
The Litecoin Foundation recently revealed it will team up with Bibox Exchange and blockchain firm Ternio to release a physical cryptocurrency debit card to its customer base.
· Business
- Facebook Libra Project runs into political opposition in Europe, U.S.
Policymakers across the globe including both Republican and Democratic US lawmakers have expressed their concerns after Facebook unveiled its upcoming cryptocurrency project Libra, which is slated to be released in 2020.
· Insights & Views
- Coin Metrics, Social Market Analytics team up to provide crypto Twitter sentiment data
Crypto analytics company Coin Metrics is working with Social Market Analytics (SMA) to incorporate feed of real-time sentiments toward cryptocurrency based on data from social networking sites.
· Business
- Accenture to ink blockchain traveler ID deal with Canada, Netherlands, others: Report
Global accounting giant Accenture will reportedly sign a formal agreement with Canada, the Netherlands, and other groups to utilize blockchain in identifying travelers, Cointelegraph reported citing the company’s mana…
· Technology
- Hyperledger welcomes Microsoft, Salesforce, Ethereum Foundation among roster of new members
Open source blockchain collaborative project Hyperledger has welcomed eight new members into its line-up, including Ethereum Foundation, Microsoft, Nornickel, and Salesforce.
· Technology
- Japan reports 170% spike in crypto-related consumer inquiries in 2018
Japan’s Consumer Affairs Agency (CAA) has reported that it received an incessant number of queries related to cryptocurrency exchanges.
· Insights & Views
- Overstock.com subsidiary Medici Land Governance puts Wyoming County's land records on blockchain
Overstock.com’s blockchain subsidiary Medici Land Governance (MLG) announced that it has put the land registries of Teton County, Wyoming, into a blockchain-based land record and information system.
· Technology
- Canada's Shoppers Drug Mart partners with TruTrace Technologies to launch blockchain-based cannabis tracking system
Canadian largest retail pharmacy chain Shoppers Drug Mart is reportedly working with blockchain firm TruTrace Technologies to create a pilot program for tracking the cannabis supply chain using blockchain technology, …
· Technology
- Ripple to invest $50M in MoneyGram to boost XRP adoption in new strategic partnership
Cryptocurrency exchange Ripple and MoneyGram have entered into a strategic partnership that will see the money transfer company use the digital currency XRP in its daily operations.
· Business
- Polish Alior Bank authenticates documents with public ethereum blockchain
Warsaw-based Alior Bank is reportedly using the public Ethereum blockchain to verify the documents of its clients, according to a report by Forbes.
· Technology
- Russian Central Bank considers CBDC issuance, but not "right away"
Russian central bank’s chairman Elvira Nabiullina said the country is considering the issuance of its central bank digital currency (CBDC), but it will not be anytime soon, local media news outlet TASS reported.
· Technology
- South Korean cryptocurrency exchanges to be held accountable for user losses
Bithumb and four other major cryptocurrency exchanges in South Korea have reportedly changed their terms of services to state that they will be held accountable for user losses after a cyber attack or system malfuncti…
· Business
- BnkToTheFuture acquires Altcoin.io to build non-custodial securities token exchange
Online investment platform BnkToTheFuture has acquired Altcoin.io, a decentralized exchange and peer-to-peer solution, to build a compliant securities token exchange.
· Business
- MGI teams up with Thales to develop blockchain-powered cargo community system
French software company MGI has partnered with Thales to incorporate blockchain technology into its Cargo Intelligent System dubbed as Ci5, according to a news release published by PortSEurope.
· Technology
- Mitsubishi Electrics, Yaskawa Electric and other Japanese manufacturers to use blockchain tech for data sharing: Report
At least 100 manufacturers plan to use blockchain technology to securely share their production data with each other, according to Nikkei Asian Review. Mitsubishi Electric, Yaskawa Electric, and DMG Mori are among tho…
· Technology