2019-9-3 23:01 |
HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction using R3’s Corda-powered Voltron platform
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Coinspeaker Banking Giant HSBC Completes Blockchain-based Letter of Credit Transaction in YuanHSBC processed the first-ever Yuan-denominated blockchain-based letter-of-credit transaction for MTC Electronics over the Voltron blockchain platform.
2019-9-3 16:10 | |
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HSBC Bank, one of the biggest financial institutions in the world, has successfully completed its first distributed ledger technology (DLT) powered letter of credit transaction pegged to the Chinese yuan.
2019-9-3 13:22 | |
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Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group
2019-8-8 15:05 | |
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Standard Chartered Bank has completed the first international letter of credit transaction on the oil industry blockchain platform Voltron.
2019-8-7 13:00 | |
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PrepayWay is a blockchain ecosystem that simplifies and streamlines international collaboration, contracting, and payments for companies across multiple industries. Global commerce is burdened by unreliable and largely manual paper-based processes characterized by a lack of transparency and an absence of secure, trusted information.
2019-8-7 02:34 | |
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Fluidity introduces model to leverage real world assets in decentralized credit facilities » CryptoNinjas Fluidity, creators of the AirSwap decentralized exchange protocol, has introduced The Tokenized Asset Portfolio (TAP), a standard model to enable real-world assets to be pledged as collateral in decentralized credit facilities, including the MakerDAO multi-collateral Dai system.
2019-7-29 18:51 | |
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According to a post released by The Korea Times on July 15, 2019, Shinhan Card Co. Ltd. , global top-five credit card company in South Korea, obtained a patent for a blockchain-based payment system.
2019-7-16 09:00 | |
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The article is penned by Alice Henshaw. She is a smart contract engineer at Fluidity. Fluidity are a New York-based company working on DeFi, and are best known for creating decentralized exchange Airswap.
2019-7-10 19:26 | |
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At present, there are many obstacles that prevent the purchase of goods with cryptocurrency if the holder does not convert to fiat currency. Adopting many crypto payment networks such as AIGO-Payment can result in cryptocurrency holders being able to transact directly with traders without having to go through additional banking layers.
2019-7-6 10:33 | |
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Kava Labs has announced the release of their new plugin that will allow the transaction of ERC-20 tokens, as well as other cryptocurrencies between interledger nodes. The post stated, “In Interledger, peers can choose how much credit they’re willing to extend, and how often they settle.
2019-6-12 15:30 | |
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In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.
2019-5-18 22:14 | |
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Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.
2019-5-7 01:42 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.
2019-4-27 01:30 | |
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Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments.
2019-4-24 01:08 | |
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A Canadian town mayor says using bitcoin to pay for property taxes has made transaction costs much cheaper. “The advantage of doing it as opposed to a credit card is the transaction costs are so much cheaper,” Mayor Lynn Dollin of Innisfil, Ontario told Day 6.
2019-4-15 17:30 | |
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New announcements around Bitcoin’s Lightning Network have been coming almost nonstop lately, with new exchanges, wallets and other services popping up seemingly every day.
2019-4-8 18:21 | |
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The CoolWallet S, made by CoolBit X, combines hot and cold storage solutions, blending the mobility afforded by software wallets with the enhanced security features offered by hardware wallets.
2019-4-4 00:05 | |
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Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world.
2019-3-29 18:20 | |
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Yosemite X a firm which developed a public blockchain based of fiat currencies have announced their latest credit card services with a 0% transaction fee. The move is quite surprising given the fact most of the traditional players have been increasing the prices for transaction fee lately. The announcement for the new credit cards came […]
2019-3-24 21:58 | |
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CryptoNinjas Yosemite X, a technology company which developed a public blockchain platform that is based on fiat currency, today announced the launch of Yosemite Card, a 0% transaction fee credit card.
2019-3-23 21:01 | |
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As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends.
2019-3-5 20:20 | |
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Kroger is fed up with Visa’s outrageous fees. Instead of forking over the money to the credit card network, it will stop allowing its Smith’s Food & Drug Stores to accept Visa credit card payments.
2019-3-2 23:07 | |
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Status, the Ethereum powered messaging app recently announced that it was re-launching its Keycard wallet. The keycard hardware wallet is the same shape and size as an ordinary credit card. It signs each transaction in a contactless manner.
2019-2-16 19:17 | |
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Purchases using your regular debit or credit card could get a bit pricier if plans by VISA and MasterCard to increase transaction fees are implemented. The extra fees will be levied on U. S. merchants for.
2019-2-16 19:03 | |
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Credit Suisse – financial services and advisory company – has recently revealed that their asset management division has just used blockchain to start and complete a fund transfer transaction with Banco Best, another financial service institution based in Portugal.
2019-2-8 04:18 | |
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Binance has finally joined the fiat-on-ramp party, adding support for crypto purchases using credit cards. This is made possible through its integration with payment processor Simplex, according to a press release shared with Bitcoin Magazine.
2019-2-1 20:59 | |
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A federal judge this week ruled Facebook must make public internal documents that reveal the rather unsavory ways the company allegedly profits off of unsuspecting children — as if the company’s history with kids wasn’t dubious enough.
2019-1-19 22:49 | |
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A federal judge this week ruled Facebook must make public internal documents that reveal the rather unsavory ways the company allegedly profits off of unsuspecting children — as if the company’s history with kids wasn’t dubious enough.
2019-1-18 22:49 | |
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Patreon has been making the case for censorship-resistant money increasingly apparent. The platform allows members to contribute to artists or creators that they support.
2019-1-19 22:15 | |
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This is the second instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him on Day 1 here. I woke up on Christian’s couch stiff-necked and cotton-mouthed.
2019-1-16 22:54 | |
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October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.
2019-1-3 07:14 | |
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EO. Finance has launched a crypto-fiat gateway. Now it is possible to buy cryptocurrencies directly from the wallet using your debit or credit card, the maximum amount per single transaction is $25,000.
2018-12-18 13:30 | |
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EO. Finance has launched a crypto-fiat gateway. Now it is possible to buy cryptocurrencies directly from the wallet using your debit or credit card, the maximum amount per single transaction is $25,000.
2018-12-18 10:46 | |
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Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post.
2018-12-18 02:32 | |
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“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.
2018-11-15 18:50 | |
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The development team of Dubai-based MenaPay have recorded major successes in payment completion times, one of the milestone measurements used… The post MenaPay Blockchain Technology Provides Faster Transaction Approval Than Traditional Credit Cards appeared first on Invest In Blockchain.
2018-11-12 08:58 | |
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The British multinational banking organization HSBC and Belgium’s ING Bank have partnered to execute a trade transaction using the blockchain network from a U. S. -based Tricon Energy to India’s Reliance Industries.
2018-11-5 22:00 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Monero has officially released its Malware Response Workgroup website yesterday. In an effort to help protect Monero’s community, the website aims to provide resources to educate about the types of malware that may take advantage of users.
2018-9-29 23:18 | |
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In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal.
2018-9-28 23:15 | |
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Overstock. com CEO Patrick Byrne has acquired a stake in blockchain startup, Medici Land Governance (MLG). Byrne purchased a 43 percent stake in the blockchain land registry in a private transaction.
2018-9-27 20:37 | |
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Google has quietly been providing select advertisers a “stockpile” of offline credit card transaction data. After a four year negotiation, Google and Mastercard reached a deal that would pay the latter millions in exchange for coughing up data on its card holders, according to a Bloomberg report.
2018-9-1 00:53 | |
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Cryptocurrency can provide quick international transfers of wealth which allow merchants to cut profit margins and lower transaction fees. This has some questioning whether Bitcoin could replace credit cards.
2018-8-28 17:00 | |
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According to some financial experts, Bitcoin transaction fees are lower. In addition, Bitcoin bypasses the unnecessary and expensive financial institutions within which credit cards depend. Therefore, experts believe that Bitcoin’s advantages will encourage merchants to replace credit cards with Bitcoin.
2018-8-28 10:00 | |
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Exodus Wallet Introduces Support for Ripple (XRP) Users, Also Begins Auto-Updates Ripple, while gaining a reputation for a number of reasons, like having a strong transaction speed, application by credit companies like American Express, and a number of lawsuits, hasn't really been as widely accepted as its bigger cousins Bitcoin and Ethereum. For Exodus, at […]
2018-8-18 20:16 | |
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Imagine a new digital economy, one that allows everyday people to take full control of their personal data. Complete with a public chain for data transactions and application development, this system would foster a trustworthy, domain-wide data exchange that capitalizes on the torrent of advancements taking place through blockchain technology.
2018-8-1 20:41 | |
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Semler Scientific, a healthcare-focused medical equipment company, has updated investors on its Bitcoin holdings. It now owns $114 million worth of Bitcoin. Between Nov. 6 and Nov. 15, Semler acquired 215 Bitcoin for $17.
Thumzup Media Corporation, a social media marketing company based in Los Angeles, announced its entry into the crypto space with plans to purchase up to $1 million in Bitcoin. The company, which helps brands pay users to promote them on…
Temasek, a Singaporean investment firm, shows concerns over the potential impact of Donald Trump’s presidential victory on the global economy. According to a Bloomberg report, Temasek’s chief investment officer, Rohit Sipahimalani, argues that while Trump may appeal to markets due…
Bitcoin—a distributed, battle-tested, and censorship-resistance peer-to-peer network—can lay the foundation for a robust DeFi sector.
Crypto cards allow users to spend their crypto in the same way that they might spend their fiat currencies.
Crypto has been in turmoil over the weekend, but trading volumes in Bitcoin ETFs are hitting unprecedented levels, and despite widespread sell-offs, major financial institutions don’t appear to be selling — yet.
Blockchain technology allows the hyper-financialization to be fair and transparent, where Bitcoin has become a foundation of hope for changes.