Kakao Corporation is the parent company of the messaging app "KakaoTalk", based in South Korea. The parent company just recently managed to raise the staggering amount of $90 million for its new blockchain platform called "Klaytn". According to Bloomberg and Finance Magnates, the company is looking to raise more or less the same amount of…
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The French retail giant, Carrefour, is launching a new program for allowing its customers to know where their milk is coming from. Of course, the new initiative is realized through blockchain. The technology has enabled a number of retail businesses to use blockchain to let their customers know about the origin and supply chain of…
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SIX, a European Financial Markets Infrastructure provider, has chosen Corda Enterprise’s R3 blockchain infrastructure as the foundational blockchain technology behind its SIX Digital Exchange (SDX), which is a digital asset trading, listing, custody and settlement service. Corda Enterprise is the commercial version of Corda customized to cater for businesses that require robust operational and security…
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France is not usually under the “cryptocurrency” radar when it comes to hot news about regulation and “innovation”. However, the country may soon be imposing serious bans on several digital coins. According to press, under the French Law, cryptocurrencies such as Bitcoin Private, Monero and Dash could soon be forbidden as a new law is…
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Bitcoin enthusiasts have cause for celebration, after many frigid months of Crypto Winter. For the first time since July of 2018, Bitcoin valuations actually appreciated for a month, delivering a respectable growth rate for February of 10.4%. One has to return to July and April of last year to find similar positive performance stats, 21.5%…
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Drive Markets just announced the launch of its institutional crypto and fiat currency exchange, offering derivatives trading for Bitcoin, Litecoin, Bitcoin Cash, Ripple and Ethereum. Drive Markets has teamed up with industry leader, MetaTrader, to bring a familiar trading experience to the cryptocurrency markets for brokerage firms, banks and funds. MetaTrader is used by 50M+…
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Deutsche Börse and Commerzbank have successfully executed the first legally binding repo transaction settlement using distributed ledger technology. The test transaction was part of a collaborative proof of concept initiative built on a delivery versus payment model to determine whether blockchain networks can be used in securities settlement. The transaction was executed through the generation…
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LMAX Digital, the institutional crypto currency exchange operated by LMAX Exchange Group, which operates a leading FCA regulated trading venue and has become one of the leading liquidity providers to FX brokers worldwide, announced that it has received an in-principle decision on the firm’s application for a license as a Distributed Ledger Technology (DLT) Provider from…
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eToro, the global, multi-asset, investment platform, has now officially launched its platform and cryptoasset wallet in the United States (32 states for now). eToro also informed today that it will be launching its own cryptoassets exchange, eToroX, on a global basis later this year. Leaprate reminds that the FX broker has joined the Blockchain Association as…
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QuadrigaCX, the crypto storyline that keeps on giving, took another bizarre twist, as investigators determined that Gerry Cotten, the CEO of the exchange, had cleaned out the cold storage account balances as far back as April 2018, presumably transferring them to QuadrigaCX accounts at other exchanges. Ernst & Young reported these finding to the court,…
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