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Israeli Regulators Set to Soft Pedal on Crypto and ICO Regulations

March 8, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News, Regulation

The Israel Securities Authority (ISA), the country's market regulator, made recommendations for the creation of a standardized digital assets platform that would support crypto trading and allow firms to raise funds by issuing tokenized assets to investors, reports Reuters on March 6, 2019. Israel Looking to Regulate Cryptos Per the...

Rwanda Studies CBDCs To Minimize Transaction Cost and Maximize Output

Fintech Firm Launches Blockchain CBDC Pilot with Eastern Caribbean Central Bank

March 8, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Finance, News, Tech

Bitt, a portfolio company of Medici Ventures, the leading blockchain accelerator and subsidiary of Overstock, has joined forces with the Eastern Caribbean Central Bank (ECCB) to conduct a distributed ledger technology (DLT) based Central Bank Digital Currency (CBDC) pilot across member countries in the Eastern Caribbean Currency Union (ECCU), according...

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Opera to Launch Cryptocurrency Wallet and dApps Explorer for iOS

March 7, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Blockchain, Development, Ethereum, News

Opera, a Norway-based software company, founded in 1995 has announced on March 5, 2019, that Opera Touch for iOS will soon be launched, and it will feature a cryptocurrency wallet as well as decentralized applications (dApps) explorer. The move hopes to meet the demands from the Ethereum community for the...

NEM (XEM) Venture Capital Arm Makes First Portfolio Investment

March 7, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Business, Investment, News

Vimba, a New Zealand-based platform that allows users to buy, sell or save bitcoin (BTC) and ether (ETH) right from their bank accounts, has become the first ever portfolio investment of NEM Ventures, the venture capital and investment arm of the NEM distributed ledger technology (DLT) project, according to an...

QuadrigaCX Founder’s Widow Seeks Court Costs Compensation

March 7, 2019 by Ogwu Osaemezu Emmanuel at Business, Exchange, News

Jennifer Robertson, the widow of Gerry Cotten, the late founder of the now-defunct QuadrigaCX cryptocurrency exchange has asked the court to repay her legal costs to the tune of C$300,000 ($225,000), reports Bloomberg on March 5, 2019. Repayment Request The QuadrigaCX saga resumes; as per sources close to the matter,...

Circle Internet Financial Acquires SeedInvest Crowdfunding Platform

March 6, 2019 by Ogwu Osaemezu Emmanuel at Business, Finance, News, Regulation

Circle, a U.S-based fintech firm has completed the acquisition process of SeedInvest in a bid to establish a robust token marketplace that would allow businesses as well as individuals to raise capital via open crypto rails and infrastructure, according to a blog post March 4, 2019. Circle Officially Takes Over...

TRON (TRX) Joins Forces with Tether to Issue TRC20 USDT Stablecoins

March 5, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Blockchain, News

In a bid to increase liquidity on decentralized exchanges (DEXs) and make its network more accessible to enterprises and institutional investors, the Tron Foundation has inked a strategic partnership deal with Tether (USDT), according to a press release on March 4, 2019. Tether (USDT) Set to Go Live on the...

Enjin Collaborates with Unity to Launch Blockchain SDK on Ethereum Testnet

March 5, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Blockchain, Ethereum, News

Enjin blockchain project has joined forces with Unity Technologies in a bid to launch the testnet version of Enjin's blockchain development kit (SDK) for Unity on the Ethereum Testnet, according to a press release on March 4, 2019. SDK Set to Go Live on Ethereum Testnet Enjin has allied with Unity...

Hand Pouring Money into a Coinbase Glass

Singapore Wealth Fund Invested in Coinbase’s Series E Equity Round

March 2, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, Investment, News

On February 28, 2019, Bloomberg revealed that GIC Private Limited made up part of the investment team in Coinbase's 2018 Series E equity round which enabled the San Franciso-based cryptocurrency exchange to raise $300 million and hit a valuation of $8 billion. GIC Invests in Coinbase Per sources close to...

Circle to Integrate NICE Actimize’s Market Surveillance System

March 1, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Exchange, Finance, News

Circle a U.S-based peer-to-peer cryptocurrency finance company, has contracted NICE Actimize, a leader in Autonomous Financial Crime Management, to implement market surveillance and protection strategy, reports Finextra February 27, 2019. Crypto Market Surveillance In a bid to guard against crypto market manipulation, Circle, a fintech firm that allows users...

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Gemini Trust LLC Joins BT Radianz Cloud Network

March 1, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Business, News

Gemini Trust LLC, a licensed New York-based cryptocurrency exchange and custodian, has joined the BT Radianz Cloud community in a bid to take advantage of the latter’s global market reach and connectivity, according to a press release on February 27, 2019. Gemini Expands Reach with BT Radianz Cloud In a...

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Indian Institute of Management Plans Advanced Blockchain and Fintech Course

February 28, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, News

The Indian Institute of Management, (IIM) has joined forces with TalentSprint, a digital platform involved in placement of banking workers, teachers, and technical education, to roll out an advanced programme in financial technology (fintech) and blockchain technology for management and finance professionals, this according to local news source The Asian...

Rain Logoed Bag Growing out of a Sandbox

Bahraini Crypto Exchange Set to Get Licensed Following Successful Graduation from the Regulatory Sandbox

February 28, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, Blockchain, Business, Ethereum, Exchange, News, Regulation

The Rain cryptocurrency exchange, a Bahrain-based cryptocurrency trading platform, is on the verge of obtaining a license from the nation’s authorities following its successful graduation from the regulatory sandbox created by the Central Bank of Bahrain (CBB). Rain Graduates from the CBB Sandbox Per sources close to the matter, Rain,...

MonetaGo Dumps Hyperledger for R3’s Corda Blockchain Platform

February 28, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Blockchain, Business, Finance, News

MonetaGo, a New York-based firm that claims to help businesses resolve challenges in supply chain financing and corporate issuances, is moving its fraud mitigating network from Hyperledger Fabric to R3's Corda enterprise blockchain, reports Global Trade Review on February 26, 2019. MonetaGo Integrates Corda Per sources close to the matter,...

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Accenture, Mastercard, Amazon Web Services Partner for Farming and Supply Chain Sustainability

February 28, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Business, News

Accenture, a global professional services company in collaboration with Mastercard, Everledger, Amazon Web Services, and Mercy Corps has introduced a "circular supply chain capability" to enable consumers to reward small scale producers and bring about transparency along the supply chain, reports Newsroom on on February 25. Supply chain Traceability Per...