MAS, JPMorgan Build Payments System With Inter-Blockchain Connectivity
The Monetary Authority of Singapore (MAS), the city-state’s central bank, has completed development of a blockchain-based cross border payments system that can support a range of currencies. Carried out as part of the ongoing Project Ubin initiative, the prototype platform was
Ethereum Co-Founder: Hopefully We Can Interoperate With China’s Crypto
Ethereum co-founder and founder of Consensys, Joseph Lubin, said that he hopes China’s Central Bank Digital Currency (CBDC) will allow for interoperability with public permissionless blockchains, including Ethereum. Read more on Cointelegraph.com
Bitcoin’s Break Below $9,000 Risks Erasing Xi-Inspired Rally
Bitcoin’s push back below $9,000 has a key technical indicator suggesting the cryptocurrency risks entering a selling trend. The GTI Vera Convergence Divergence Indicator shows a narrowing gap between the signal and vera lines, which suggests a trend change may be
DBS Bank Partners With Singapore Government to Launch Blockchain Trade Platform
Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade. Alongside the Singapore government and the International Chamber of Commerce, these firms are looking to reduce the number of paper-based processes involved in
Tunisia to Launch E-Dinar National Currency Using Blockchain
Tunisia has become the first country to start moving its national currency to a blockchain platform. Russian ICO startup Universa will help issue and manage Tunisia’s Central Bank Digital Currency (CBDC), reported Russian news agency Tass on Nov. 7. The Central Bank of
Asia’s Bakkt? AAX Rolls Out Crypto Trading With London Stock Exchange Tech
AAX, a Hong Kong-based cryptocurrency exchange that uses the London Stock Exchange (LSE)’s matching engine technology, has officially launched. After 19 months of development and testing, the company said on Thursday that the exchange platform has gone live on web and
Coinbase Cryptocurrency Exchange Opens Tezos Staking to All US Customers
United States-based cryptocurrency exchange and wallet service Coinbase said today that it has expanded access for staking the cryptocurrency Tezos (XTZ). In a blog post on Nov. 6, Coinbase announced that it is now introducing staking rewards for all Tezos holders on Coinbase,
US Startup Raising $10 Million for Private Jets You Can Lease With Crypto
Jet Token is raising up to $10 million in a Regulation A offering for its ethereum-powered private jet leasing marketplace where travelers can pay for charters using ERC20 tokens. Private charter flights, a travel option for people willing to pay for
Chinese Regulator Investigates Firm’s Blockchain Efforts Amid Stock Surge
An obscure porcelain and education firm is under investigation by a top Chinese regulator after it became one of the most sought-after blockchain stocks last week. Guangdong Great Wall Group, whose stock price soared for five consecutive days last week after
Stellar Burns Over 55 Billion Tokens Worth $4.7 Billion USD
The Stellar Development Foundation (SDF) announced a new mandate today for its network’s development, stating that it has burned over 55 billion Stellar Lumens (XLM) tokens. According to a Medium post on Nov. 4, the development foundation drastically reduced the number of tokens