The government of Gibraltar has announced the launch of a new advisory group focused on creating education courses covering new technologies such as blockchain. The New Technologies in Education (NTiE) group will be a joint initiative between the government and the University of Gibraltar in collaboration with several tech companies based in the country. The […]
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National Westminster Bank (NatWest), a UK bank part of the the Royal Bank of Scotland, has announced its integration with a new blockchain-based platform to streamline communication between agent banks and lenders in the syndicated loans market. NatWest will be leveraging Finastra’s Fusion LenderCoom, a platform underpinned by Corda, R3’s distributed ledger technology. The new […]
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Goldman Sachs and Bitcoin bull Mike Novogratz have teamed up to invest in BitGo Holdings Inc., as the platform seeks to attract more institutions and wealthy customers who are sourcing secure ways to hold their assets. Goldman Sachs and Novogratz’s Galaxy Digital Ventures put forward around $15 million to BitGo’s Series B funding. According to the company, […]
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The first time you see “HODL” when someone is discussing cryptocurrencies, the word causes you to stop reading. You think: “Is it a misspelling?” Well, yes it is – at least it was mistyped originally. Now, rather amusingly, HODL has spawned a life of its own. It has evolved to represent a long-term trading strategy […]
Cobo, a cryptocurrency startup headquartered in Beijing, has raised US$13 million in a Series A funding round from DHVC and Wu Capital to further develop its consumer blockchain products and support the expansion of its product lines into additional markets globally. Cobo offers two flagship consumer products: Cobo Wallet and Cobo Vault. Cobo Wallet is […]
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A London-based Bitcoin exchange has been awarded a full distributed ledger technology (DLT) licence by the Gibraltar Financial Services Commission (GFSC). The licence enables Coinfloor, which was established in 2013, to store or transmit value belonging to others in Gibraltar under the blockchain. Additional licences are expected to be announced to other blockchain-based companies in […]
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Japanese technology giant Sony Corporation has announced the development of a rights management system for digital content that utilizes blockchain technology. The purpose is to create a more efficient way of managing and demonstrating ownership of copyright-related information for written works, the company said on Monday. “Today, advances in technologies for digital content creation allow […]
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Crypto exchange Coinbase has announced that it is expanding its European presence into Dublin giving it access to Ireland’s growing crypto economy. In the announcement released today, the San Francisco-based exchange said the move to open a new office in Dublin is part of its wider expansion into Europe. With its headquarters for Europe based […]
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The sky is falling in Crypto today because its biggest stable coin has lost its peg to the dollar. Tether USDT, long claimed to be backed up by millions in fiat reserves, is no longer trading at a dollar, currently sitting at $0.966. A mere three and a half cents off of its normal price […]
Ping An Insurance, the largest insurer by market value in mainland China and second-largest life insurer in terms of premiums, is betting on technologies including blockchain, artificial intelligence (AI) and cloud to pursue its fintech push. At the firm’s Investor Day in Shenzhen last week, themed Core Finance, some of Ping An’s top executives delivered […]
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