There are absolutely a lot of dubious ICOs out there - more than 70% of all ICOs created and funded in 2017 and 2018 are gone, and with them, the money of the investors. The problem is that while there is always risk with investing, especially in something as speculative as an ICO, founders should…
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Dash Financial Technologies today announced the appointment of Venu Palaparthi as its new Chief Compliance Office and Head of Regulatory Affairs. Mr. Palaparthi will be in charge of Dash’s corporate compliance strategy including the implementation of regulatory policies within the company and will lead efforts to comply with government rules and regulations. Mr. Palaparthi has…
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The UK’s Financial Conduct Authority (FCA) released two research reports focused on analyzing consumer attitudes towards cryptocurrencies such as Ethereum and Bitcoin. The research teams asked UK consumers to participate in qualitative interviews as well as in a nationwide survey. The qualitative research revealed that consumers could be potentially harmed by crypto assets since many…
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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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