Tag Archives: Companies

WeBank, China’s first digital bank in the sphere of helping small businesses access funding needed for operations, will now provide the technical infrastructure required for the deployment of China’s national blockchain network.According to a report from state-owned Financial News media platform, WeBank will be in charge of the creation and delivery of FISCO BCOS (Be Credible, Open & Secure) open-source consortium chain, for the Blockchain-based Service Network (BSN). The BSN Development...

Napoleon AM, a France-based asset management company, has launched a new cryptocurrency fund dubbed the “Napoleon Bitcoin Fund” tied to the cash-settled Bitcoin futures offered by the Chicago Mercantile Group (CME).As per the report by French publication Les Echos, this is the country’s first fully-regulated cryptocurrency fund. Last week since December 6, the crypto fund is available for trading for France-based professional investors. Note that the fund is local to France only and cannot be...

For some time now, Japan’s banking sector has faced many challenges arising from money laundering. This problem has been in the limelight since the Financial Action Task Force found “numerous and serious deficiencies” back in 2014. Japan has long been blamed for weak measures that it has set up against money laundering and terrorism financing.In that context, the U.S. banking multinational, JPMorgan Chase & Co, is looking to launch an Interbank Information Network (IIN) in the East Asian...

Ripple has done it again when it updated its recently launched Xpring developer platform to accept two new programming languages Python and Go. The new XRP developer platform (xpring.io) allows both cryptocurrency developers and non-cryptocurrency developers to be able to create applications that run within the XRP ecosystem. The new features include customer service, a new developer-friendly wallet, technical documentation and another set of cool tools.The platform was launched in October...

The IPO of Saudi Aramco was probably one of the most hotly-anticipated companies’ initial public offerings this year. And it has really met the expectation of many (and even gone beyond).The shares of Aramco have surged after it. As a result, the valuation of this world-famous oil producer hit a record of $1.88 trillion. These figures have taken the stock market of Saudi Arabia to the position of the largest in the world.In early deals in Riyadh, the stock of the company increased to 35.2...

Stablecoins are almost completely banned in developed countries and zones like China or the EU. But BitPay claims that they’re launching a worldwide stablecoin payment solution. BP is one of the world’s largest providers of the BTC and BCH merchant API’s. Ever tried to pay for a DDoS service, a cloud server, or a private VPN? They do accept credit card payments, yes. But if they don’t, they will surely take your precious crypto using BitPay.Now BitPay is allowing the merchants and consumers...

The experts found an easy way of extracting the SEED mnemonic keyphrase. They require physical access to the wallet, for no more than 15 minutes. The attack uses voltage glitching to record a SEED phrase, using special hardware. This can be successful if performed by a well-prepared person. Some estimations even claim anyone can create such a glitching recording device for $75.Using such machines, hackers can not only intercept your encrypted SEED from a KeepKey. They can also decrypt it,...

The Matic token was rising steadily during a two weeks long period and people were buying it without thinking of the possible massive price drop. However, as Coinspeaker has already reported, it happened. The project seemed successful from the start, and the investors who bought large amounts must be shocked right now. As their investments vanished and the Matic’s official response is kind of shady.Crypto. The stuff of dreams and nightmares. $MATIC was up 180% in two weeks before crashing 70%...

Saga Monetary Technologies announced on Tuesday it decided to launch its SGA stablecoin that is pegged to a basket of currencies. The Saga Foundation said it was planning it since the last year to become a long term playing asset. However, it is meant to tailor to pretty much different goals of the crypto space.One is acting as a stablecoin as it is and another, to act as a free-float asset. Ido Sadeh Man, founder and chairman at the organization said the main idea behind the whole project...

Google’s parent company Alphabet, has announced that it has added Nobel laureate Frances Arnold to its board of directors. Arnold who received 2018’s Nobel Prize in Chemistry, is now the third woman on the tech giant’s board.In a tweet posted yesterday by Alphabet CEO Sundar Pichai, Arnold will be bringing her “incredible academic and industry expertise with a career spanning chemistry, engineering, renewable energy and more,” to the company.I’m thrilled to welcome @francesarnold to the...