Malaysia’s CIMB, Ripple Partner in Cross-Border Payments
Malaysian lender CIMB Group Holdings Bhd. is signing on to the cross-border payments network run by blockchain technology firm Ripple, the two companies said Thursday. Ripple’s technology will be used in CIMB’s SpeedSend remittance product, according to a joint press release. SpeedSend is available in various Southeast Asian markets, including the Philippines, Vietnam and Thailand, […]
Colorado Division of Securities Continues ICO Crackdown with Four More Cease and Desist Orders
Colorado Securities Commissioner Gerald Rome has now signed orders for twelve initial coin offerings directing the cessation of unregistered securities in the state of Colorado. The orders are the result of investigations by an “ICO Task Force” convened within the Division, part of the Department of Regulatory Agencies (DORA), in May of this year to […]
New Security Monitoring Service for Blockchain Smart Contracts
NRI SecureTechnologies unveils the “Blockchain Security Monitoring Service” (“This Service”) to detect and report security vulnerabilities in information systems and services that use blockchain technology. The first use will be as a monitoring service for smart contracts on Ethereum*1. This service is implemented by introducing multiple scan tools in the security log monitoring service “NeoSOC”*2 […]
Huobi Global launches Horizen (ZEN)
Horizen (ZEN) will be launched on Huobi Global on November 7, 2018 (GMT+8). Deposits will be available from 14:30, November 7, 2018 (GMT+8). ZEN/BTC and ZEN/ETH trading will be available from 15:00, November 8, 2018 (GMT+8). Withdrawals will be available from 14:30, November 11, 2018 (GMT+8). Horizen is a technology platform that provides users with […]
Stellar Support Added to BlockEx Exchange Network
BlockEx, the digital asset exchange provider for institutional-grade financial markets, has announced that it now provides support for Stellar based digital assets across its trading exchange network. Adam Leonard, CEO at BlockEx, said: “Delivering support for Stellar protocol digital asset issuing and trading is strategically important to us, our white label brokerage partners, and our […]
Google and Samsung Invest in Crypto Kitties Developer
Dapper Labs — the developer behind Crypto Kitties, the game that famously clogged up the Ethereum network — has announced that it has raised $15 million in a financing round led by Venrock. The investment arms of Google and Samsung also participated, bringing the total funds raised by the Canadian company to $27.85 million. Additional investors […]
T.I. Being Sued for $5 Million for Allegedly Defrauding Cryptocurrency Investors
T.I. and his business partner allegedly engaged in a “pump and dump” scheme involving their cryptocurrency and now a group of pissed off investors is suing them for securities fraud. According to court documents obtained by The Blast, a group of 25 investors claim they poured over $1.3 million “for now worthless securities called FLiK […]
South Korea’s Crypto Exchanges Bithumb to Launch US Security Token Platform
One of South Korea’s largest crypto exchanges by trading volume, Bithumb, announced its partnership with U.S. fintech company Seriesone on Oct. 31. Under the agreement, “Bithumb is investing in a Seriesone entity in South Korea to scale technical development and marketing,” Seriesone detailed, elaborating: Bithumb and Seriesone will form a joint venture intended to create […]
HSBC and StanChart Launch HK Blockchain Trade Finance Platform
A new blockchain-based trade finance platform, developed by HSBC (HSBA.L), Standard Chartered (STAN.L) and 10 other banks, was launched in Hong Kong on Wednesday to boost efficiency in the multi-trillion-dollar funding of international trade. HSBC said on Wednesday the platform, eTrade Connect, had allowed the Asia-focused British lender to reduce the time it takes to […]
South Korea’s Bithumb Eyes U.S. Security Token Exchange
South Korea’s top cryptocurrency exchange Bithumb has signed a deal with a U.S. fintech company to set up a security token exchange in America, industry sources said Thursday. The agreement with SeriesOne calls for Bithum to invest in and provide technical support for the establishment of the envisioned security token exchange in the world’s largest […]
“Token Day” in Singapore
Today, in celebration of the 10th year anniversary of cryptocurrency, Bizkey is launching ‘Token Day’ in Singapore. Held from October 31st to November 18th, Token Day is a campaign to familiarize the public with cryptocurrency in a retail setting. During this period, 30 retailers clustered around Chinatown in Singapore will accept various cryptocurrencies as payment. […]
Taiwan Financial Supervisory Commission Says it is Drafting ICO Regulations
The Financial Supervisory Commission (FSC) is drawing up national standards for initial coin offerings (ICOs) to make virtual tokens as easy to invest in as stocks and just as liquid, FSC Chairman Wellington Koo said yesterday. The draft is to be completed by June next year, he told a meeting of the Legislative Yuan’s Finance […]
ICO Portfolio is Down by 66% in the First Half of 2018
In the first half of 2018, 86% of the leading initial coin offerings (ICOs) that listed on a cryptocurrency exchange in 2017 are below their initial listing price and a portfolio of these ICOs is down by 66% since the peak of the market at the beginning of this year, according to a study from […]
NatWest to Launch R3 Corda Syndicated Lending Platform
NatWest has become the first bank to integrate with a new blockchain-based platform that aims to dramatically transform and streamline the global syndicated loans market. In 2017 syndicated loan deals worth over £3.5 trillion were brokered globally. The new platform is set to go live from November 2018. A syndicated loan is where the size […]
SimpleFX Makes CFD Trading Fast and Easy Like Never Before with the Launch of the New SimpleFX WebTrader Tool
SimpleFX, one of the fastest growing CFD platforms, has just released a new version of SimpleFX WebTrader with the goal of becoming the fastest and easiest of all trading tools available at present. The company has also joined hands with the affiliate tracking platform Unilink.io to help its clients enjoy real-time revenue tracking benefit and […]
