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Binance Futures to Introduce USDC-Margined BOME, TIA, and MATIC Perpetual Contracts with Up to 75x Leverage

In an announcement made on the Binance Support Center, Binance Futures revealed that the BOMEUSDC Perpetual Contract will be launched on April 25, 2024, at 07:00 (UTC) with up to 50x leverage. Additionally, the TIAUSDC Perpetual Contract will be introduced at 07:15 (UTC) with the same leverage, followed by the MATICUSDC Perpetual Contract at 07:30 … Continue reading Binance Futures to Introduce USDC-Margined BOME, TIA, and MATIC Perpetual Contracts with Up to 75x Leverage

Blockchain.News Interview with Managing Partner of HEX Alessio Quaglini on Digital Asset Custody

We conducted an interview with Alessio Quaglini, the Managing Partner of HEX Trust who has extensive experience in Investment Banking, Financial Services, and regulation. He shared with us his views on the digital asset custody sector. What is the difference between custody of traditional vs digital assets? To answer this question, we can look at the … Continue reading Blockchain.News Interview with Managing Partner of HEX Alessio Quaglini on Digital Asset Custody

Exclusive: What are Top 5 FinTech Career Advice for Graduates?

In Part 1 of the interview, Prof. Aris Stouraitis identified lack of interdisciplinarity is the culprit of FinTech talent shortage in Hong Kong. Interdisciplinarity in FinTech refers to talents that are knowledgeable in both finance and technology. He presents how the Master of Science in Finance (FinTech and Financial Analytics) (“the program”) offered by Hong Kong … Continue reading Exclusive: What are Top 5 FinTech Career Advice for Graduates?

China Declares Bitcoin as Virtual Property with Monetary Value

A property dispute involving Bitcoin was held in the internet court in Hangzhou, China on July 18, setting a new precedent by declaring that Bitcoin is virtual property with monetary value. According to the case of plaintiff Wu against defendants FXBTC and Taobao, it has been recognized that Bitcoin has the attributes of virtual property … Continue reading China Declares Bitcoin as Virtual Property with Monetary Value

Is Blockchain-Based Virtual Reality the Future?

You haven’t uploaded yourself to the Metaverse yet, which begs the question: what’s the deal with VR? Although it’s been around since 1968 and major companies such as Facebook, Google, and Samsung have invested in virtual reality initiatives like the Oculus Rift, headsets plus equipment can still add up to over a hefty $1000 USD; … Continue reading Is Blockchain-Based Virtual Reality the Future?

Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra

Ren Zhengfei, CEO of China’s Huawei believes that China can create their own digital currency in response to Facebook’s Libra. In an interview with the Italian media, in response to a question, Ren Zhengfei responded with “China can also issue such currency by itself. Why wait for others to issue it?” Reported earlier this month, … Continue reading Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra

Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

In an effort to increase the level of expertise in the field of distributed ledger technology, the government of Bangladesh has expressed its intentions to send 100 new graduates for blockchain training in Japan and India according to the report by Bangladesh’s English-language newspaper The Daily Star on Aug. 4. The country also plans to … Continue reading Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

Tether Plans to Issue Stablecoin Backed by Chinese Yuan

Tether has been reportedly working on a new stablecoin pegged to the Chinese Yuan. The stablecoin project named “CNHT” came from the intention of Zhao Dong, one of the shareholders of the Bitfinex crypto exchange. Zhao Dong’s digital banking business, RerenBit will be supporting CNHT’s trading and deposit services as soon as it is launched. Zhao also confirmed that he … Continue reading Tether Plans to Issue Stablecoin Backed by Chinese Yuan

Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

The electronics giant Samsung, according to a press release on September 2, has revealed its intentions to present it’s blockchain-based corporate strategy next month at the annual Samsung Developer Conference 2019 in San Josè, California. The annual Samsung Developer Conference This recent update made by Samsung was followed by a move made last week, where … Continue reading Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

Tether Launches Stablecoin Backed by Offshore Chinese Yuan

Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.” The idea came from the intention of Zhao Dong, one of the shareholders of the Bitfinex crypto exchange. Tether mentioned in a blog post that the new stablecoin running on top of the Ethereum blockchain as an ERC-20 token would … Continue reading Tether Launches Stablecoin Backed by Offshore Chinese Yuan