Category: Business News
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Samsung Sets Q1 Profit Record with Crypto Mining Boost
Samsung has seen record growth in quarterly operating profits – an increase driven in part by strong demand for cryptocurrency mining chips.
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BBVA Issues $91 Million Loan Using Two Blockchains
Spanish banking giant BBVA has completed a pilot that issued a $91 million corporate loan using two different blockchain technologies.
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IBM Partners with Jewelry Industry on Hyperledger Supply Chain Project
IBM has teamed up with major jewelry businesses to bring transparency to the industry’s supply chain with blockchain technology.
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Barclays, Goldman Champion ISDA Standard for Blockchain Derivatives
U.K.-based bank Barclays is pushing hard for a data standard for derivatives, as a foundation for that market to adopt distributed ledger technology.
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Crypto Exchange Gemini to Monitor Trading Using Nasdaq Tech
Gemini plans to monitor its exchange for potential illicit activities using Nasdaq’s SMARTS Market Surveillance technology.
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Digital Currency Group Adds Zcash Offshoot ZenCash to Crypto Investment List
The fork of a fork of zcash made it onto Digital Currency Group’s “conviction list.”
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Fitch Ratings: Blockchain Is a Potential 'Game-Changer' for Insurers
Fitch Ratings published a report Wednesday noting that blockchain can be a long-term solution to issues facing the insurance industry today.
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Nasdaq 'Would Consider' Creating a Crypto Exchange, Says CEO
The CEO of Nasdaq suggested Wednesday that the company could open a cryptocurrency exchange in the future.
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Two Big Crypto Startups Are Out to Build One Universal Wallet
The two startups are offering developers $50,000 to build a wallet that would support almost any token, even those that haven’t been created yet.
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#MeToo Movement Turns to Ethereum to Evade Censorship
Inspired by the #metoo movement, students in China are coding messages into the ethereum blockchain to escape Chinese internet censorship.