Category: Business

ING and R3 announced on January 22, 2019, that they have entered into a five-year deal that gives ING rights to the use of R3’s Corda platform across their business operations. Corda Goes Global According to a January 22, 2019 statement, ING, a Dutch Bank, and R3 have entered into a partnership that will see ING haunch access to R3’s…

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There are many cryptocurrency traders, investors, and enthusiasts that might have grown tired of Bitcoin price predictions, given the fact that the markets are so volatile. For example, Tom Lee of Fundstrat Advisors, who has frequently appeared on popular media platforms such as Bloomberg and CNBC, gave various incorrect predictions about the price of Bitcoin before ultimately abandoning the prediction…

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B2C2, a leading cryptocurrency over-the-counter (OTC) liquidity provider for digital assets exchanges and financial institutions, has announced its streaming pricing feature aimed at enabling OTC traders to carry out “point-and-click” trading execution, according to a Business Wire press release on January 21, 2019.   OTC Traders’ Orders Executed in Real Time In its bid to eliminate all forms of delays…

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U.S.-listed Blockchain Industries has signed a binding letter of intent to merge with Singapore-based holding company BTHMB, a move that would mark the first reverse merger in the country, according to the press release on January 22, 2019. Reverse Merger Bithumb, one of the world’s largest cryptocurrency exchanges by trading volume, could very soon become the world’s first publicly traded…

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On January 22, 2019, Livio Weng Xiaoqi, the chief executive of Huobi Global, insisted that the company is still profitable despite the bear run and event layoffs, as new projects are launched. Beating the Bear Run Within the last year, there have been significant changes in the global cryptocurrency market and not all of them good. Last year, crypto firms…

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According to a press release published on January 19, 2019, WISeKey International Holding Ltd. has entered into an agreement with Blockchain Research Institute (BRI) to establish interconnected “Blockchain Centers of Excellence” around the world. Geneva Annual Blockchain Congress Per the newly inked agreement, WISeKey International will launch two new blockchain research centers in Buenos Aires, Argentina, and Geneva, Switzerland. It’s…

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Autonomous Next published a report on January 21, 2019, which states that the blockchain industry saw $24 billion in funding in 2018, most of which came from unverified self-reported crowdfunding ventures. Unverified Figures Autonomous Next ’s report stated that in December 2018, there was an almost even split between the funds raised through traditional venture capital and those raised through…

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Securitize, a compliance platform that handles the issuance and lifecycle management of digitized securities on the blockchain has joined the IBM blockchain technology accelerator program in a bid to revolutionize the $82 trillion corporate debt industry, reported Forbes on January 21, 2019. Ten Firms Join IBM Blockchain Accelerator Program Per sources close to the matter, ten startups have joined the…

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A report by media outlet Axios claims that an unknown startup named Valor Foundation is attempting to launch a hostile takeover of the cryptocurrency XRP. This would be the first hostile takeover attempt in the cryptocurrency space. Valor’s Alleged Takeover Plans Valor Foundation, a San Francisco-based nonprofit that aims to service unbanked citizens of developing nation using cryptocurrency, is reportedly…

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Authorities in the Netherlands want to force cryptocurrency exchanges and crypto service providers to obtain licenses that would ban anonymous cryptocurrency trading, local news outlet Nederlandse Omroep Stichting (NOS) reported on January 18, 2019. Licensing for Crypto Businesses Introduced in Holland Anonymous trading of crypto assets has long been a thorn in the eye for the authorities in the European…

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