TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- U.S. SEC imposes civil penalties for ICO securities offering registration violations
The U.S. Securities and Exchange Commission (SEC) has settled charges against two companies that sold digital tokens in initial coin offerings (ICOs).
· Regulation
- Banco Bradesco, MUFG to launch cross-border payment service using Ripple’s blockchain technology
Brazilian banking giant Banco Bradesco has signed a Memorandum of Understanding (MOU) with Japanese bank MUFG to launch a new blockchain-based cross-border payment service.
· Technology
- Blockchain Beyond Finance: A look at technology’s implementation in automotive sector
Blockchain or distributed ledger technology (DLT), which initially took the global financial sector by storm, is being tested and implemented across almost all industries.
· Technology
- Hong Kong-based Hang Seng Bank completes blockchain-based pilot transaction on ‘eTradeConnect’ platform
Hong Kong-based Hang Seng Bank has announced that it has successfully completed a pilot trade transaction for two corporate customers using the recently launched eTradeConnect platform.
· Technology
- Digital Currency and Blockchain Weekly Round-Up – November 16th, 2018
Bitcoin is an extremely clever idea, but not every clever idea is a good idea, says ECB’s Benoît Cœuré Bitcoin is the evil spawn of the financial crisis, a member of the European Central Bank’s (ECB) executive board s…
· Technology
- Canadian, Singaporean and UK central banks explore W-CBDCs and DLT for cross-border payments and settlements
Three central banking authorities – the Bank of Canada (BoC), the Bank of England (BoE), and the Monetary Authority of Singapore (MAS) – have jointly published a report which assesses alternative models that could enh…
· Insights & Views
- Bitcoin is an extremely clever idea, but not every clever idea is a good idea, says ECB’s Benoît Cœuré
Bitcoin is the evil spawn of the financial crisis, a member of the European Central Bank’s (ECB) executive board said recently.
· People
- Microsoft releases serverless Azure Blockchain Development Kit
Tech titan Microsoft has announced the initial release of the Azure Blockchain Development Kit, built on the firm’s serverless technologies.
· Technology
- Gem launches crypto portfolio tracker with automatic sync with 25 crypto exchanges
Cryptocurrency startup Gem has launched a crypto portfolio tracker with automatic exchange sync with 25 crypto exchanges.
· Business
- Bitcoin price hits 2018 low: Crypto experts reflect on reasons behind drop in crypto market cap, expectations for 2019 and more
It's been nearly a year since bitcoin’s price peaked at almost $20,000 (all-time high). However, the story has taken a turn this year and bitcoin’s value plummeted to sub $6,000 in a matter of hours on November 14.
· Insights & Views
- Indian IT firm NIIT Technologies teams up with R3 to tap Corda blockchain platform
Indian IT company NIIT Technologies has announced its partnership with enterprise software firm R3 to develop blockchain-based solutions for Banking and Financial Services, Insurance and Travel and Transportation.
· Technology
- Crypto custodian BitGo adds support for four stablecoins
Cryptocurrency custodian and security firm BitGo has announced that it has added support for four stablecoins including CENTRE USD (USDC), Gemini Dollar (GUSD), Paxos Standard Token (PAX), and TrustToken’s TrueUSD (TU…
· Business
- Malaysian banking group CIMB joins Ripple’s blockchain network
Malaysian banking giant CIMB is collaborating with blockchain startup Ripple to enable instant cross-border payments across CIMB’s markets.
· Technology
- 75 pct Irish people unwilling to consider career in blockchain technology: Study
Despite the recent spurt in blockchain investments and jobs globally, the Irish population appears to be unwilling to consider a career in this technology, a new survey has revealed.
· Insights & Views
- American restaurant chain Sweetgreen plans blockchain push following $200M funding
Sweetgreen, an American fast casual restaurant chain, has raised $200 million in its latest round of financing led by Fidelity Investments.
· Business
- Decentralized exchange EOSDAQ lists KEOS tokens
KEOS, a Seoul-based startup focused on taking the EOS community forward, today announced that KEOS tokens have been listed on EOSDAQ.
· Business
- Smithfield Foods joins Subway, Tyson Foods and others in Food Industry Blockchain Consortium
Global food company Smithfield Foods has joined a new blockchain consortium focused on the food industry.
· Technology
- Telecom giant Telefónica seeks to streamline core business processes using IBM Blockchain
Spanish telecom giant Telefónica is collaborating with tech giant IBM to implement blockchain technology to streamline core business processes.
· Technology
- Gibraltar Stock Exchange forms joint venture with fintech firms to develop blockchain technologies
The Gibraltar Stock Exchange (GSX) has announced a joint venture with leading Asian fintech firms which will focus on developing new blockchain protocol to support issuance, trading, and clearing and settling of digit…
· Business
- Singaporean crypto startup KuCoin secures $20M in Series A round
Singaporean cryptocurrency platform KuCoin has secured $20 million in a Series A funding round from IDG Capital, Matrix Partners, and Neo Global Capital.
· Business
- H&M subsidiary Arket trials blockchain for product traceability
Arket, the in-house brand of clothing retail giant H&M, is testing blockchain technology for product traceability, The Next Web reported.
· Technology
- Kakao’s blockchain platform Klaytn teams up with stablecoin project Terra
South Korean internet giant Kakao has entered into a partnership with stablecoin project Terra to apply its Klaytn platform to the latter’s blockchain-based payment system, The Korea Times reported.
· Technology
- MAS, Bank of Canada begin work to link respective blockchain platforms
The Monetary Authority of Singapore and the Bank of Canada have started work on linking their respective blockchain platforms to explore the possibility of instant, 24/7 settlement of cross-border payments transaction…
· Technology
- SIX Swiss exchange expects blockchain-based platform to replace existing system in 10 years
SIX Swiss exchange expects its planned blockchain-based platform to completely replace its traditional trading platform within a decade, Reuters reported.
· Technology
- Circle Invest launches crypto reward program for new users
Blockchain payments startup Circle has announced a new reward program aimed at breaking the barriers to investing in cryptocurrencies.
· Business
- Thailand’s Democrat Party taps Zcoin’s blockchain for e-voting system in primary election
The Thai Democrat Party has used blockchain technology to elect its new party leader in a recently held primary election.
· Technology
- Chinese city of Loudi rolls out blockchain platform for real estate data
The Chinese city of Loudi, located in central Hunan province, has rolled out a blockchain-based platform for recording real estate data, CoinTelegraph reported referring to a report from People’s Daily.
· Technology
- Crypto exchange OKEx adds support for Vietnamese Dong to C2C trading market
OKEx, the world’s largest cryptocurrency exchange in terms of 24-hour trading volume, has added a fiat currency, Vietnamese Dong (VND), to its C2C trading market on November 12, 2018.
· Business
- Shell and BP-backed VAKT to launch blockchain platform to digitize commodities trading industry by end of 2018
VAKT Global, a company formed by a consortium of commodity traders, energy majors and banks, is planning to launch a blockchain-based post-trade processing platform for the energy industry by the end of 2018, CoinDesk…
· Technology
- HSBC joins blockchain startup Axoni's Series B funding round
Blockchain startup Axoni has announced that banking giant HSBC has joined its Series B financing round.
· Business
- CSIRO’s Data61, CBA successfully complete trial of blockchain-powered smart money
The Commonwealth Scientific and Industrial Research Organization’s (CSIRO) Data61 division and Commonwealth Bank of Australia (CBA) have announced that they have successfully trialed a new type of blockchain-powered s…
· Technology
- Nine leading shipping companies team up for new blockchain consortium
Nine leading ocean carriers and terminal operators are teaming up to form a consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology (DLT).
· Technology
- Transoil International, Solaris Commodities conduct blockchain pilot for Black Sea wheat
Transoil International and Solaris Commodities have conducted a blockchain pilot transaction of Black Sea wheat, S&P Global reported.
· Technology
- Great Lakes Science Center starts accepting bitcoin payments via BitPay
Great Lakes Science Center, an Ohio-based museum and educational facility, will start accepting Bitcoin as a payment method from today, November 13, Crain’s Cleveland Business reported.
· Business
- Tokio Marine & Nichido, NTT DATA trial blockchain for marine cargo insurance claims
Tokio Marine & Nichido Fire Insurance and NTT DATA have announced the successful completion of a proof-of-concept (PoC) for applying blockchain technology to marine cargo insurance claims.
· Technology
- Accenture taps blockchain for software license management
Accenture has announced that it has deployed new software license management application which was developed using Digital Asset’s platform.
· Technology
- KPMG partners with BiTA to develop blockchain standards for transportation industry
Auditing giant KPMG is collaborating with the Blockchain in Transport Alliance (BiTA) to develop blockchain standards for the transportation industry.
· Technology
- New coalition seeks to foster blockchain innovation in Guangzhou, Hong Kong and Macau
The Guangzhou City Blockchain Industry Association, the Hong Kong Blockchain Industry Association, and the Macau University Innovation Center have established a new blockchain alliance in order to foster synergy and i…
· Technology
- Canada-based VersaBank to rollout digital safety deposit box for crypto exchanges and investment funds
VersaBank, a Canadian chartered bank, has announced that its subsidiary, VersaVault, has initiated commercialization of its digital safety deposit box following its successful beta testing phase.
· Business
- South Korean crypto exchange Upbit set to enter Thailand and Indonesia
Following the launch of its exchange in Singapore, reports suggest that South Korean crypto exchange Upbit is seeking to enter Thai and Indonesian markets.
· Business