Ripple Exec: Ripple Considering Chinese Market to Speed Up Payment Solutions

Ripple Exec: Ripple Considering Chinese Market to Speed Up Payment Solutions Ripple is considering breaking into the Chinese market to apply its distributed ledger technology (DLT) to cross-border payments, a Ripple executive told CNBC August 15. Jeremy Light, vice president of European Union strategic accounts at Ripple, said in a phone interview that the company is looking to enter…

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Bank of Montreal, Teachers’ Pension Fund Trial Canadian Dollar Debt Deal via Blockchain

Bank of Montreal, Teachers’ Pension Fund Trial Canadian Dollar Debt Deal via Blockchain The Bank of Montreal and Ontario Teachers’ Pension Plan have tested a Canadian-dollar debt deal using blockchain, Bloomberg reports August 15. In the pilot transaction, the bank is said to have sold $250 million Canadian dollars (around $190 million) of one-year floating rate deposit notes…

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AT&T Sued for $224 Million After Phone Hackers Rob Crypto Investor

AT&T Sued for $224 Million After Phone Hackers Rob Crypto Investor Michael Terpin is suing AT&T, claiming the company’s failure to protect his cellphone data led to hackers stealing $24 million in cryptocurrencies. In a lawsuit filed by Los Angeles litigation firm Greenberg Glusker on August 15, Terpin claimed that AT&T’s employees have been complicit in a SIM swap fraud.…

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Zoom Builds a Booming Freelance Marketplace with its Outsourcing and Project Management Platform

Zoom Builds a Booming Freelance Marketplace with its Outsourcing and Project Management Platform   Amsterdam – August 2018 – Zoom, the project management and global outsourcing platform, is utilizing blockchain technology to enable business relationships, project planning, and a secure payment system. The Zoom platform facilitates connections between freelancers and virtual companies by using a blockchain…

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Messaging Giant LINE Launches $10 Million Token Venture Fund

Messaging Giant LINE Launches $10 Million Token Venture Fund Japanese messaging giant LINE has launched a token venture fund with a capital commitment of $10 million via its recently established subsidiary called Unblock Ventures. The publicly traded firm announced the fund in a release on Wednesday and said it aims to invest in blockchain startups in an…

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NEO And USD Currency Pairing In The News

NEO and USD Currency Pairing In The News   Neo price has a firm support base around $30.00 and it has been moving higher as compared to the US dollar prices. There is a ceiling resistance of Neo and USD around $34 which needs to be recovered for further upward movement. As per current trends,…

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Reality Shares Will Join Increasingly Crowded Bitcoin Hedge Fund Arena, Says Source

Reality Shares Will Join Increasingly Crowded Bitcoin Hedge Fund Arena, Says Source California-based asset manager Reality Shares has become the latest competitor in the Bitcoinhedge fund space, an anonymous source told Business Insider August 15. Reality Shares, which became known in the cryptocurrency space this year after launching the first Chinese blockchain ETF in June, has reportedly already attracted $25 million for the fund. Capped at $100…

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CoinGeek.com Associates Sign Exclusive Deal to Distribute Next Generation ASIC Mining Rigs

CoinGeek.com Associates Sign Exclusive Deal to Distribute Next Generation ASIC Mining Rigs   Upon receiving recent substantial funding, Squire Mining Limited, a listed issuer on the Canadian Stock Exchange (“Squire”), is now engaged in the business of developing, manufacturing and selling data mining infrastructure and system technology (including ASIC chips and mining rigs) to support…

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