About Author:
1 Confirmation with Jeff and Dave
Aisshwarya is currently working as SAP finance consultant for an IT consultancy. He likes to read about tech (fintech in particular) and history during his free time. He also likes to make 8-bit music.
According to a blog post published on February 1, 2019, cryptocurrency payment gateway CoinGate has added Ripple’s XRP token to their list of 50 plus digital currencies that can be used to make payments for online transactions. XRP Accepted at More than 4,500 Online Shops Building on the recent flurry...
Fetch.AI, a decentralized network which utilizes blockchain technology and artificial intelligence (AI) to create the world’s first mechanism for “Autonomous Economic Agents” to search, interact and trade with each other will begin its token sale on Binance Launchpad on February 25, 2019. This was confirmed in a press release dated...
While cryptocurrency market continues to be dominated by the bears, some HODLers have found a new robust way to earn money despite it. A Bloomberg report published on February 1, 2019, notes that some investors are earning interest on their crypto holdings by staking them. PoS to the Rescue Cryptopians...
According to a report by VCCircle published on January 31, 2019, venture capital firm Accel India has invested $1 million in startup StreamSource, a blockchain-based marketplace for unsecured personal loans. Blockchain Finds Use Case in Anonymous Loan Market An increasing number of blockchain-based companies are trying to find their footing...
South Korea’s state financial regulator Financial Service Commission (FSC) will continue the ban on initial coin offerings (ICOs); this was confirmed in a press release published on January 30, 2019. ICO Fiasco in South Korea South Korea officially curbed ICOs on September 29, 2017, when the FSC stated that it...
A press release dated January 30, 2019, states Platin, the Israel-based decentralized Proof-of-Location (PoL) protocol, has successfully secured investment from EOS Global’s EOS ecosystem fund. The fund is a partnership fund of Block.one’s EOS VC investment arm. Platin to Develop Their Service in the EOS Ecosystem Per the press release,...
Japanese IM giant LINE has signed a memorandum of understanding (MoU) with Nomura Holdings to foster the use of blockchain technology at large, this according to a press release published January 30, 2019. Blockchain Solidarity The Nomura Group is a global financial services behemoth which provides services to individual, institutional,...
Cross-border payments leader Swift has inked a partnership with blockchain-based startup R3 to integrate the latter’s trade finance platform to its latest payments standards framework GPI, reports CNBC on January 30, 2019. Swift Snubs Ripple for R3 Swift, the undisputed leader in international payments transfer industry is looking to revamp...
American GPU manufacturing company AMD released their Q4 2018 financial results January 29, 2019; whilst the company recorded the best results in the past seven years, AMD expects their Q1 2019 figures to take a dip partly because of the near “non-existent” demand from cryptocurrency miners. Sinking Demand Bites AMD...
According to a press release published on January 30, 2019, Fujitsu Limited has successfully trialed a blockchain-powered platform to mitigate inefficiencies pertaining to energy shortages as well as surpluses among consumers and companies. Blockchain Technology to Fix Electricity Problems Japan is known the world over for being one of the...
Blockchain technology will be used to manage waiting lists for kindergartens in Kazakhstan, reports local Kazakh news outlet Elorda Info, on January 29, 2019. Blockchain Makes its Way into Kindergartens Kazakhstan seems to be implementing blockchain technology from grass root levels quite literally; a report by a local media outlet...
According to a report by South China Morning Post published on January 28, 2019, Galaxy Digital is raising close to $250 million for a credit fund that would offer loans in USD to cryptocurrency businesses. Galaxy Digital is a digital assets bank founded by former Goldman Sachs partner Mike Novogratz....
According to a report by VentureBeat published on January 28, 2019, U.S. GPU manufacturing company Nvidia’s stock fell by more than 15 percent on Monday over fears of the company’s poor performance in the crypto mining industry. The company has revised its Q4 2018 revenue estimate, which now sits at...
A consortium of 11 big lenders in India, including the likes of ICICI Bank, HDFC Bank, and Axis Bank is set to launch the nation’s first blockchain-powered fund for small and medium-scale enterprises, reports Economic Times, January 28, 2019. Banking Giants to Help the SMEs through Blockchain Contrary to the...
According to a report by blockchain intelligence firm Diar, published January 28, 2019, the US dollar trading volume in decentralized exchanges (DEXs) has hit an all-time low. This comes at a time when the nascent industry’s thought leaders are pushing for a major transition from centralized exchange platforms to decentralized...
