Tag Archives: News

Ant Financial, a subsidiary of Chinese tech giant Alibaba Group, has finally reached the testing phase of its business blockchain. The fintech arm of the tech giant, which has been working on a blockchain network created to support small and medium-sized businesses, has commenced its blockchain testing.Blockchain Tech Soon to Go LiveA top official at Ant Financial, Jieli Li who is the senior director of technology and business innovation at the company, stated during the World Blockchain...

Bitcoin price predictions are running rampant throughout the space, and the latest is coming from Bobby Lee, the co-founder of Chinese bitcoin exchange BTCC.Lee: Bitcoin Is About to Go Up, Up, UpTo be clear, Lee is making a few predictions. His first could potentially give John McAfee a run for his money and says that bitcoin could be worth $1 million by 2028. However, he’s also offering something a little sooner to potentially put enthusiasts’ minds at ease. He says that bitcoin might reach...

Photo: RBCThe biggest Canadian bank, Royal Bank of Canada (RBC), might just possibly launch its own cryptocurrency trading platform. Media sources familiar with the situation said that RBC, that has more than $965 billion in total assets, has applied for four patents in Canada and the U.S. Those patents, according to the sources are showing the ways of how it could integrate cryptocurrencies into its operations.As per the patent: “To individual users, managing cryptographic keys and...

“Content is king” and has been since Bill Gates first wrote those words in 1996. Nevertheless, online media publishing is a highly competitive space. News outlets all over the world struggled with the transition to digital and ended up with global publications, including Bloomberg, the Economist, and the Wall Street Journal, paywalling their content. There are still many thousands of outlets providing free news. Advertising is one of the most popular means. The digital advertising market is...

Premier global digital asset exchange Bithumb global has made public the unique and highly anticipated crypto asset Bithumb Coin (BT) which serves as the native token for the new Bithumb Chain. The Chain is said to be launched in Q1 2020.Holding the ticker name of BT, the token will be used in many different kinds and types of transactions within a wide variety of utilities and situations. What is Bithumb Coin?Based on open-source code, Bithumb Chain is the framework that serves as the engine...

According to a recent Bloomberg story citing people familiar with the situation, an unconfirmed partnership in the global automobile industry is in the offing. Current reports have it that the Jaguar Land Rover (JLR) parent company Tata Group has made decisive moves seeking partnerships with German multinational BMW AG, and China’s Zhejiang Geely Holding Group Co.Apparently, Tata Group has reached out to these two major firms, but is also looking to find more partners and might seal...

Tencent Holdings Ltd, one of China’s biggest firms, generally has its hands in a little bit of every pie including gaming and sports. However, it would seem like there are dog days ahead for the giant firm, following a simple tweet in support of protests in Hong Kong.Back in 2018, Tencent successfully bagged a heavy and expensive deal worth $1.5 billion, which gave the company fully exclusive rights for streaming access to several games in the National Basketball Association (NBA) league....

Canaan Creative, the Chinese Bitcoin mining company is all set to go public by listing its shares on the Nasdaq trading platform next week on November 20. As we have already reported, Canaan filed for its U.S. IPO on October 28, with Galaxy Digital, Credit Suisse, Citigroup and four other underwriters.Canaan is one of the biggest rivals of Bitmain in the crypto mining space. As per the report, Canaan is planning to raise around $400 million from its IPO. However, it is unclear at this stage...

The online investment platform known as BnkToTheFuture is yet again on another ambitious move and this time, its sights are fixed on the U.S. market. Knowing that without authorization from the Securities and Exchange Commission (SEC) such expansion is impossible, the company invested in a U.S. broker-dealer that has the full license from the SEC to conduct its security token offering business (STOs) in the United States.This move was made known to investors in a statement released on Nov. 7,...

CoinMarketCap was established back in 2013, and it has seen a wild history full of glory and shame. We won’t be coming back to all the episodes of CMC rising. Let’s say it is exciting. Within this piece, let’s talk a bit about their recent improvement. Coinspeaker loves improvements, and here’s the one you should at least know about.CoinMarketCap Liquidity Matter More Than Fake VolumesCMC introduced its new service for measuring exchanges liquidity, which is a new primary metric that they are...