Tag Archives: Blockchain News

Photo: GCOX / InstagramIn September of this year, a famous boxing figure Manny Pacquiao rolled out his own cryptocurrency dubbed PAC token. Starting from today, the token is available for purchase on Singapore’s Global Crypto Offering Exchange (GCOX).How Does PAC Token Work?PAC token was launched by the boxing legend and Philippines politician Manny Pacquaio as a way to get closer to his fans. Listed on GCOX, the PAC token can be used by millions of boxer’s supporters worldwide not only for...

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The venture hopes that with top guards surrounding the warehouse, security cameras, and iron doors, it will make the vault unbreakable. Bakkt is already setting the all-time highs with cryptocurrency trading. That’s why it will facilitate pentesters and third-party auditors to avoid hacks and other dangers at all costs.In the past, clients were able to trade Bitcoin futures. But only that. After receiving approval from the NYDFS, Bakkt sets everything to change. Now, accredited investors from...

Photo: ShutterstockJapanese business and financial services company SBI Holdings Inc. has announced its decision to form a capital and business alliance with Fukushima Bank, to achieve several goals including increasing profitability for financial institutions in general, as well as improving local customer assets and productivity of related companies. The alliance will also see Fukushima Bank incorporating MoneyTap payment app, which is powered by Ripple.The general goal of improving...

By pretty much any standard, Craig Wright easily became the most controversial person in crypto over the years. For a long time now, Wright has been at the center of a suit brought against him by the Kleiman estate, representing Dave Kleiman, Wright’s former business partner.Wright has also proclaimed himself as the real Satoshi Nakamoto, creator of Bitcoin, and has even gone ahead to bring legal action against people who have refuted this claim. A few months ago and in his usual fashion,...

In the People’s Republic of China, there is a newspaper that everyone knows and respects – Xinhua. Founded on 7 November 1931 with headquarters in Beijing, nowadays – it serves as the central spot for press-conferences and information exchanges between the big officials and the society. “Bitcoin: the first Successful Application of Blockchain Technology” – such a message, millions of Chinese people are looking at today. Matthew Graham of Sino Global Capital was the one who set the alert on...

In what seems to be both a conflict-of-interest and also an effort to promote his cryptocurrency, the head of cryptocurrency projects at Facebook David Marcus has given bullish indications as to where Bitcoin is going. He also indicated that Bitcoin doesn’t fit into the cryptocurrency asset class as well giving his bias for the Libra cryptocurrency. David made this known at the recent New York Times DealBook conference last week. He also said that Bitcoin has more qualities as an asset than...

Singapore’s central bank – Monetary Authority of Singapore (MAS) – has recently joined hands with Wall Street giant JP Morgan and Temasek. The partnership aims to build a blockchain-based prototype for cross-border multi-currency payments.The announcement comes just a time when global banking institutions are exploring blockchain and digital currency payments. MAS also said that its blockchain prototype can carry payments in different currencies on the same network. In the official press...

Decentralized finance’s (DeFi) meteoric rise has been accompanied by a slew of advances in financial technology, sparking a wave of P2P lending protocols and liquidity pools. The increasing competition of borrowing/lending, stablecoins, derivatives, and even cross-chain CDPs mark a new era in fintech innovation and have bred some intriguing externalities. Many DeFi lending protocols offer interest rates that are significantly more appealing than rates offered by banks and low-risk fixed...

Canadian crypto exchange CoinField has unveiled its top project Sologenic today at Malta AI and Blockchain Summit (AIBC), during the second day of the conference. CEO Bob Ras explained how Sologenic will merge traditional financial markets and crypto on the XRPL (XRP Ledger). Ras spoke exclusively to Coinspeaker at the conclusion of his presentation. Bob, you what was the key message that you delivered today in Malta about Sologenic?Bob Ras: If you look at the market size of stocks and ETFs...