TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- Lloyds Bank partners with blockchain platform komgo for quicker commodities trade finance
Lloyds Bank, one of the "Big Four" clearing banks in the United Kingdom, has announced that it is joining blockchain-based commodity trade network komgo.
· Technology
- KPMG study identifies loyalty programs as “ideal platform” to introduce blockchain-enabled tokenization
In a recent survey, KPMG found the growing willingness among consumers across all age groups to make purchases with tokens, identifying loyalty programs as a key area where businesses can leverage blockchain to transf…
· Insights & Views
- Morgan Creek Digital leads $3.5M seed round in blockchain analytics startup Elementus
Blockchain analytics platform Elementus has raised $3.5M in a seed round led by Morgan Creek Digital.
· Business
- Insurance broker Marsh pilots blockchain-powered digital placement platform
Leading insurance broker Marsh has announced that it is piloting a new blockchain-powered digital placement platform.
· Technology
- Daimler, Dürr execute trade finance transaction using blockchain-based Marco Polo network
Daimler, a German automotive corporation and parent company of Mercedes Benz, and machine builder Dürr AG have successfully processed a trade finance transaction via Marco Polo, a blockchain-based trade finance network.
· Technology
- US House of Representatives passes bill requiring FinCEN to study blockchain and AI
The United States House of Representatives has passed a new bill that requires the Financial Crimes Enforcement Network (FinCEN) to study emerging technologies including blockchain.
· Regulation
- bitFlyer Europe and USA add support for new cryptocurrencies
Cryptocurrency exchange bitFlyer has announced that its European and American subsidiaries are adding support for a number of new cryptocurrencies.
· Business
- U.S. SEC begins proceedings on Wilshire Phoenix Bitcoin ETF proposal
The United States Securities and Exchange Commission (SEC) has started its proceedings to determine whether to approve or disapprove a proposed bitcoin exchange-traded fund (ETF).
· Regulation
- Luno announces expansion, starts accepting Bitcoin Cash
Luno, formed in 2013, was immediately recognised as the first fully integrated cryptocurrency wallet on the planet. From there, the company developed a platform for different types of cryptos but always stayed true to…
· Business
- Digital securities platform Securitize secures $14M from Santander, MUFG, Nomura
Securitize, a compliance platform for digitizing securities on the blockchain, has raised $14 million in the latest funding round.
· Business
- Flipside Crypto secures $7.1M in latest funding to offer better analytics to crypto and blockchain organizations
Flipside Crypto, a crypto-focused data analytics company, has raised $7.1 million in a Series Seed Prime round led by Galaxy Digital Ventures, The Block reported.
· Business
- Bloomberg Beta, Fidelity, Tencent and others pump $20M in blockchain startup Everledger
UK-based blockchain startup Everledger has raised $20 million in a Series A funding round led by Chinese internet giant Tencent.
· Business
- German stock exchange Boerse Stuttgart launches regulated digital assets exchange
Boerse Stuttgart, the ninth-largest stock exchange in Europe, has launched Germany’s first regulated trading venue for digital assets.
· Business
- CoinShares urges customers to join fight against UK FCA’s proposed ban on crypto exchange-traded notes
CoinShares, a UK-based digital asset investment firm, is urging investors to support its fight against an impending ban on crypto exchange-traded notes (ETN) to be imposed by the UK’s Financial Conduct Authority (FCA).
· Regulation
- Blockchain gaming studio Immutable rakes in $15M from Naspers, Galaxy
Immutable, an Australian blockchain gaming studio and the creator of ‘Gods Unchained,’ has raised a $15 million Series A round led by Naspers Ventures.
· Business
- Crypto exchange Binance.US to commence trading today
Leading cryptocurrency exchange Binance has launched its American digital asset marketplace, Binance.US, operated by BAM Trading Services.
· Business
- SIX Swiss Exchange rolls out digital assets exchange prototype
SIX Swiss Exchange has announced the launch of a prototype version of its exchange and central securities depository (CSD) for digital assets.
· Business
- QEDIT, Tradeshift partner to create zero-knowledge proof-powered trade finance marketplace
Blockchain privacy solutions startup QEDIT has partnered with Tradeshift, a cloud-based business network and platform for supply chain payments, marketplaces, and apps.
· Technology
- IFRS interpretations committee defines cryptocurrencies as “intangible asset”
In a decision made in June, the International Financial Reporting Interpretations Committee (IFRIC) said that cryptocurrencies, such as bitcoin, are neither legal tender nor financial products.
· Regulation
- Blockchain-powered social media platform Howdoo to be available in Huawei’s AppGallery
Howdoo, a blockchain-powered social media platform, has announced that the Howdoo app will be available as a featured app in the Huawei AppGallery, starting next week.
· Business
- Bakkt’s bitcoin futures go live on ICE Futures U.S.
Bakkt, a subsidiary of the Intercontinental Exchange (ICE), has announced the launch of its much-awaited bitcoin futures contracts on ICE Futures U.S.
· Business
- CME Group to launch bitcoin options in Q1 2020
Leading derivatives marketplace CME Group has revealed its plans to launch options on its Bitcoin futures contracts in the first quarter of 2020.
· Business
- Digital Currency and Blockchain Weekly Round-Up – September 20th, 2019
US Congress’ upcoming hearing with SEC to focus on cryptocurrencies and Libra The U.S. House Financial Services Committee is going to hold a hearing next week in which it will seek answers from five Securities and Exc…
· Technology
- Azerbaijan's State Customs Committee seeks to exchange information with global counterparts via blockchain
Azerbaijan's State Customs Committee is planning to use blockchain technology to exchange information with customs authorities of other countries, Menafn reported citing Trend.
· Technology
- Coinbase considers listing 17 new digital assets including Kadena and Telegram
Leading cryptocurrency exchange Coinbase has announced that it is considering adding support for a range of new assets.
· Business
- US Congress’ upcoming hearing with SEC to focus on cryptocurrencies and Libra
The U.S. House Financial Services Committee is going to hold a hearing next week in which it will seek answers from five Securities and Exchange Commission (SEC) commissioners on cryptocurrencies and Facebook’s Libra,…
· Regulation
- Beowulf Blockchain Helps Improve the Lives of Farmers through Strategic Partnership with Vietnam’s First Tablet Manufacturer
Beowulf Blockchain, a comprehensive B2B communications platform, has signed a strategic partnership with Vietnamese hardware company Xelex to jointly deploy blockchain-based agricultural tablets for farmers in order t…
· Business
- Square Crypto taps former Google, Facebook and Lightning Labs execs for inaugural developer team
Square Crypto, a bitcoin-focused unit of payments company Square, has made three new hires.
· People
- Bank of America joins blockchain-based trade finance network Marco Polo
Bank of America, the eighth largest bank in the world by total assets, has joined blockchain-based trade finance network Marco Polo.
· Technology
- Crypto trader Genesis acquires Qu Capital to bolster trading technology
Cryptocurrency trader and lender Genesis Trading has made its first-ever acquisition, the company said in a press release.
· Business
- Chinese financial institutions increasingly adopting big data, blockchain and AI: Moody’s
China is adopting cutting-edge technologies, such as big data, blockchain and artificial intelligence (AI), to improve its structured finance market, Moody’s said in a new report.
· Insights & Views
- North Korea reportedly in early stages of developing bitcoin-like national cryptocurrency
North Korea appears to be the latest country to undertake the cryptocurrency route to avoid international sanctions.
· Technology
- UAE’s Ministry of Health and Prevention rolls out blockchain-based system
UAE’s Ministry of Health and Prevention (MoHAP) has rolled out a blockchain-based system that will record and share information of healthcare workers in public and private health facilities under its supervision, Emir…
· Technology
- Litecoin Foundation selects Celsius Network as preferred interest bearing wallet
The Litecoin Foundation has chosen crypto lending platform Celsius Network as its preferred crypto wallet, CoinDesk reported.
· Business
- Tata Motors looks to collaborate with startups on blockchain-based solutions amid Indian automotive sector slowdown
Indian automotive giant Tata Motors has announced the launch of a program aimed at promoting collaboration with startups and technology companies to encourage innovation.
· Technology
- QUICKOM Partners with Vietnam’s Largest Online Wholesale Marketplace to Enable Its 35 Thousand Merchants to Provide Innovative Call Centers
QUICKOM, a US patent-pending communication platform, has announced its partnership with Thi Truong Si, Vietnam’s largest wholesale online marketplace to enable its 35,000 merchants to provide innovative call center se…
· Technology
- Crypto exchange Binance.US to not launch in 13 U.S. states
Cryptocurrency exchange Binance is launching its U.S.-based arm, Binance.US, in most states today, September 18, except 13.
· Business
- Wells Fargo to pilot internal blockchain-based digital currency for payments
Financial services giant Wells Fargo has announced its plans to launch its own internal digital currency, called Wells Fargo Digital Cash, on its own first distributed ledger technology (DLT) platform.
· Technology
- Marsh, Arch Insurance (UK) Limited launch insurance solution for digital assets ‘Blue Vault’
Arch Insurance (UK) Limited, a wholly-owned subsidiary of Bermuda-based Arch Capital Group, in collaboration with leading insurance broker Marsh, has announced an insurance solution for digital assets.
· Technology
- Crypto exchange Binance backs Chinese crypto news portal Mars Finance
World’s largest cryptocurrency exchange by trading volume, Binance, has made an investment in Mars Finance, a Chinese cryptocurrency and blockchain-focused news website, Bloomberg reported.
· Business