Search Results for: Merchants

Exclusive: Why are Independent Third Party Crypto Custodians so Important?

Exclusive interview with Alexandre Kech: Part 1 The needs of crypto custodians caught public attention again with the recent hack of 250 million Japanese Yen from Bitpoint exchange in Japan. While certain exchanges such as Coinbase launched their own custodian services, to what extent they can safeguard the assets at the exchange? Alexandre Kech, CEO of Onchain … Continue reading Exclusive: Why are Independent Third Party Crypto Custodians so Important?

Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry

Cryptocurrencies have become increasingly popular in the adult entertainment industry, as it can guarantee a high level of anonymity to its users, especially for pornography-related businesses.    Anonymity and Privacy   Many adult entertainment websites have created new ways users will be able to protect their identity details through crypto payment systems. In a research conducted by the studio VogoV last … Continue reading Crypto for Sex: Blockchain Takes Off in the Adult Entertainment Industry

Why Cryptocurrency Is Not A Viable Global Reserve Currency to Replace the US Dollar

In recent days ago, the UK Central Bank Boss, Mark Carney, made a revelation, which sparked interest in me to ask how could that phenomenon happen. The Bank of England governor sees digital currency as soon displacing the US dollar as global hedge currency. I believe this could become a reality as the digital currency … Continue reading Why Cryptocurrency Is Not A Viable Global Reserve Currency to Replace the US Dollar

Bakkt Platform Launched: Trades 71 Bitcoin Futures Contracts in 24 Hours

Intercontinental Exchange’s (ICE) Bakkt platform traded 71 Bitcoin (BTC) futures contracts in its first 24 hours following its launch on Sept. 22. ICE’s historical data on Bakkt’s Bitcoin/USD futures contract trading reveals that the platform traded 71 BTC at press time, with the last trading price recorded at $9,875 per Bitcoin. According to his recent analysis, … Continue reading Bakkt Platform Launched: Trades 71 Bitcoin Futures Contracts in 24 Hours

FinTech in Belt and Road – Transforming French Freight Logistics with Blockchain

The Fourth Belt and Road Summit was held over two days in September at the Hong Kong Convention and Exhibition Centre (HKCEC). The Summit was organized in a joint effort by the Hong Kong Government, the Hong Kong Trade and Development Council (HKTDC). The event was attended by top government officials and business leaders from … Continue reading FinTech in Belt and Road – Transforming French Freight Logistics with Blockchain

KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens

According to the latest survey commissioned by KPMG, US consumers are more willing to use blockchain tokens. The study released this week indicates that regardless of background or age, US consumers are becoming more open to using digital currency tokens. With advanced technology tools being applied, they become more familiarized with the use of various … Continue reading KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens

Chinese Bank Partially Owned by the Government Invests in Nervos STO

The Nervos Network security token offering (STO) has aimed to start on Oct. 16, to raise an undisclosed amount within two weeks via theCoinList platform. Kevin Wang, the co-founder of the Nervos project said that China Merchants Bank International (CMBI) based in Hong Kong and a subsidiary of China Merchants Bank has committed to contribute to the public STO. 7 … Continue reading Chinese Bank Partially Owned by the Government Invests in Nervos STO

Cyberport: The Key Indicators for Startup Success in the FinTech and Blockchain Industry

Backed by the Hong Kong Special Administrative Region (HKSAR), Cyberport has the vision to be the hub for digital technology for Hong Kong. With its headquarters located in the south of Hong Kong Island, Cyberport is spearheading Hong Kong’s FinTech development.  Blockchain.News met with Charles Lam, the senior manager of the FinTech and Blockchain Cluster … Continue reading Cyberport: The Key Indicators for Startup Success in the FinTech and Blockchain Industry

Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Felix Mago is the CEO of Dash Thailand, and has been working in the blockchain space since 2014 and one of the driving forces of cryptocurrency adoption in Thailand. He is the author of the “Bitcoin Handbook” and the co-founder of the Dash Embassy Thailand as well as the co-founder of Futerio, a southeast Asia based gateway … Continue reading Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos

Canada’s Central Bank, the Bank of Canada, is considering launching a digital currency that would enable the collection of data on how Canadians spend their money.  The two-year research findings  The Bank of Canada prepared a presentation for Stephen Poloz, the Governor, and the bank’s board of directors. During the internal presentation, members of the bank … Continue reading Canada’s Central Bank Considers Launching a Digital Currency to Combat the “Direct Threat” of Cryptos

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