TokenPost reporter
Shampa Mani
Stories by Shampa Mani
- Decentralized exchange CryptoBridge to shut down operations
CryptoBridge, a decentralized cryptocurrency exchange, has announced its plans to shut down its operations.
· Business
- China launches national blockchain initiative to support smart cities and digital economy
The State Information Centre (SIC), China Mobile, and UnionPay jointly sponsored the first Blockchain Service Network Partner Conference on Dec. 01, according to local news outlets.
· Technology
- Bank of Russia supports idea to impose cryptocurrency ban
The debate on the ban of cryptocurrencies in Russia has once again come to the forefront with the central bank saying that it supports the idea to put a ban on this emerging asset class.
· Regulation
- Germany passes new bill allowing banks to hold and offer cryptocurrencies: Report
A new regulation will reportedly come into force on January 01, 2020 in Germany, allowing banks to hold and offer cryptocurrencies.
· Regulation
- Digital Currency and Blockchain Weekly Round-Up – November 29th, 2019
Swiss federal government to amend DLT/Blockchain law to strengthen regulation The Swiss federal government is looking to improve its existing financial market regulation that will oversee the crypto industry in the fu…
· Technology
- Crypto exchange IDAX halts services after CEO goes missing
International Digital Asset Exchange (or IDAX) has announced that the CEO of IDAX global has been missing for unknown reasons since Nov. 24. The identity of the CEO has not been disclosed.
· Business
- Crypto exchange Gate.io launches search tool for blockchain-related terms
Chinese cryptocurrency exchange Gate.io has announced the official launch of a search tool that will allow users to quickly query blockchain-related terms and insights.
· Business
- Bank of Japan releases research report on legal issues surrounding CBDC issuance
The Bank of Japan (BoJ) has released a research report on central bank digital currency (CBDC), which examined the legal issues surrounding the issuance of CBDC in the country.
· Insights & Views
- Cardano Foundation announces launch of ADA payment gateway
The Cardano Foundation has announced the launch of AdaPay solution, which will allow merchants to accept payment in Cardano’s native token, ADA – the eleventh largest cryptocurrency by market capitalization.
· Business
- NatWest, Coadjute launch blockchain consortium for efficient home buying process in UK
National Westminster Bank (or NatWest), a leading retail and commercial bank in the United Kingdom, is spearheading a blockchain consortium initiative with Coadjute, a real estate blockchain network, in a bid to strea…
· Technology
- Zilliqa co-founder and former CTO Yaoqi Jia joins blockchain startup Parity Technologies
Blockchain startup Parity Technologies has hired Zilliqa co-founder and former Chief Technology Officer (CTO) Yaoqi Jia as Head of Engineering for Asia.
· People
- Swiss cybersecurity, IoT and blockchain firm WISeKey to list shares on NASDAQ
WISeKey, a Geneva-based cybersecurity, IoT and blockchain company, has announced the listing of its American Depositary Shares on the Nasdaq. Trading of the ADRs is expected to kick-off on December 4, 2019, under the …
· Business
- EOS block producer finds six registered network producers managed by single entity
EOS New York, a block producer on the EOS Mainnet Blockchain, has raised concerns over centralization of the network.
· Insights & Views
- Klaytn adds major South Korean firms to Governance Council; to launch crypto wallet ‘Klip’ in Q1 2020
Klaytn, a public blockchain platform developed by Kakao’s subsidiary Ground X, has announced that three of South Korea’s major conglomerates have joined its Governance Council.
· Business
- Crypto and stock trading firm Robinhood retracts bank charter application
In a move that highlights the challenges faced by fintech that wish to make inroads into the financial industry, stock and digital asset trading startup Robinhood had voluntarily withdrawn its bank charter application…
· Business
- KPMG rolls out blockchain-based track and trace platform in Australia, China and Japan
One of the Big Four, KPMG, has announced the launch of a blockchain-based ‘track and trace’ platform in Australia, China and Japan.
· Technology
- $4.4B lost to cryptocurrency thefts and scams in 2019: CipherTrace
The cryptocurrency industry has lost a staggering $4.4 billion in thefts and scams so far this year, according to crypto analytics firm CipherTrace.
· Insights & Views
- Bank of Ghana mulls launching central bank digital currency pilot project
The Bank of Ghana (BOG) is the latest central bank that is considering issuing a digital currency.
· Technology
- South Korean crypto exchange Upbit loses $49M worth of ether in security breach
South Korean cryptocurrency exchange Upbit has confirmed that it has lost 342,000 ETH (approximately $49 million) from its wallets.
· Business
- Blockchain platform Zilliqa partners with Elliptic to enhance security and AML compliance
Blockchain platform Zilliqa is teaming up with crypto risk management solutions provider Elliptic in order to boost its infrastructure security and compliance.
· Business
- Belgian blockchain startup SettleMint launches operations in India
SettleMint, a Belgium-based enterprise blockchain firm, has announced the launch of its operations in India.
· Business
- SBI Investment joins digital securities startup Securitize’s Series A round
SBI Investment, a wholly-owned subsidiary of Japanese financial services giant SBI Holdings, has made an investment in Securitize, a compliance platform for digitizing securities on the blockchain.
· Business
- South Korea moves forward with bill to establish legal basis for cryptocurrencies
South Korea is moving ahead with a bill that will create a legal basis for cryptocurrencies, Korea JoongAng Daily reported.
· Regulation
- Bitmain-backed crypto startup Matrixport opens new office in Zurich
Matrixport, a Singapore-based crypto startup, has expanding its global footprint with the opening up of its office in Zurich, Switzerland for its European operations, Swissinfo.ch reported.
· Business
- Former DOJ official Jai Ramaswamy joins crypto payments startup Celo Labs
Crypto payments startup Celo Labs has appointed former U.S. Department of Justice (DOJ) official and bank executive to lead its global regulatory, risk and compliance areas, CoinDesk reported.
· People
- TransferGo plans to use Ripple’s On-Demand Liquidity solution that leverages XRP
Digital remittance company TransferGo is planning to use RippleNet’s On-Demand Liquidity (ODL) that leverages XRP, Ripple’s native token.
· Technology
- Operator of crypto exchange DX.Exchange begins bankruptcy proceedings after employees file petition
CX Technologies, the Israeli company purportedly behind the Estonian cryptocurrency exchange DX.Exchange, has reportedly begun bankruptcy proceedings after a petition was filed by its employees.
· Business
- Swiss blockchain firm Lykke voluntarily renounces CySEC License
Swiss blockchain company Lykke has renounced the authorization of the Cyprus Securities and Exchange Commission (CySEC) and surrendered the Cyprus Investment Firm (CIF) License.
· Business
- Thai SEC announces DLT pilot project for corporate bond business
The Thai Securities and Exchange Commission (SEC) has announced a distributed ledger technology (DLT) pilot project targeted at the corporate bond business.
· Technology
- Central Bank of France recommends adopting blockchain technology for efficient payment solutions
The central bank of France has recommended adopting blockchain and distributed ledger technologies (DLT)-based solutions and tokenization to facilitate quick and safe cross-border payment solutions.
· Insights & Views
- Chinese bitcoin mining giant Canaan Creative debuts on Nasdaq, raises $90M in IPO
Canaan Creative, a leading bitcoin mining equipment manufacturer, listed its shares on Nasdaq under the ticker symbol “CAN,” priced at $9, on November 22.
· Business
- Thai SEC looks to amend royal decree on digital asset businesses in 2020
The Thai Securities and Exchange Commission (SEC) is seeking to amend the royal decree on digital asset businesses in 2020, Bangkok Post reported.
· Regulation
- Thailand to use blockchain technology for production-to-export traceability of organic rice
Thailand’s Trade Policy and Strategy Office (TPSO) has revealed that it is initiating a project to use blockchain technology to monitor agricultural products, starting with organic rice.
· Technology
- Grayscale to soon launch public trading of its diversified cryptocurrency fund
Grayscale Investments has announced that it will soon launch the public trading of Grayscale Digital Large Cap Fund (DLC).
· Business
- HSBC, Oman Oil and Orpic Group complete blockchain-based trade finance transaction in Oman
Oman Oil and Orpic Group have successfully executed a trade finance transaction using blockchain technology.
· Technology
- Digital Currency and Blockchain Weekly Round-Up – November 22nd, 2019
European Commission and EIF launch Blockchain and AI Fund The European Commission (EC) has launched a dedicated EU equity investment fund for artificial intelligence (AI) and blockchain technologies in collaboration w…
· Technology
- European Commission and EIF launch Blockchain and AI Fund
The European Commission (EC) has launched a dedicated EU equity investment fund for artificial intelligence (AI) and blockchain technologies in collaboration with the European Investment Fund (EIF).
· Technology
- South Korea to invest over $380M in blockchain R&D over next 6 years: Report
The government of South Korea is planning to invest 450 billion won (approximately $382 million) over the next six years for the development of blockchain technology, ZDNet Korea reported.
· Technology
- Vermont power utility partners with blockchain firm LO3 to pilot local energy marketplace
Vermont power utility Green Mountain Power (GMP) has partnered with blockchain energy startup LO3 Energy as parts of its efforts to become a 100 percent renewable provider by 2030.
· Technology
- LG CNS enters into blockchain partnership with Kakao’s Ground X
LG CNS, a subsidiary of electronics giant LG Corporation, has partnered with Ground X, a blockchain subsidiary of internet giant Kakao, to expand the use of blockchain technology and implement it across multiple busin…
· Technology