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French Multinational Financial Institutions Settle $112 Million Transaction on Ethereum

Societe Generale S. A. , one of the largest financial institutions in France, issued covered bonds worth $112 million in the form of security tokens using the Ethereum blockchain. It was a pilot program to test how the use of blockchain and cryptocurrency could reduce the time and cost of settlement of securities, reported Bloomberg, May 09,Read MoreRead More. дальше »

2019-5-11 09:00


Inside the Binance and Bitcoin Blockchain Reorg Drama: Random Tweet Stirs Up Community Frenzy

When Binance revealed that somewhere in the region of $40 million dollars worth of Bitcoin was stolen from them, it caused the usual reactions from the community. News articles were written Binance's security was questioned, but overall it was just another hack – and not even a significant one compared to some in the past. […] дальше »

2019-5-10 02:02


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Bitfinex, Tether Brace for ‘A Reputational Black Eye’ Even If LEO Token Sale Bails Them Out for Now

Bitfinex is in a bit of a spot here, having been flagged by New York’s highest legal official for some (allegedly) pretty dodgy financial practices. Readers are probably already familiar with the backstory that involves the crypto exchange trying to be sneaky and hiding humongous losses worth $850M by conflating corporate and client funds. дальше »

2019-5-7 19:20


Lightning Network records network capacity of $5.6 million

Lightning Network’s capacity has increased to facilitate over 8000 public lightning nodes which are collectively worth about $5. 6 million. The secondary layer payment system, Lightning Network, is built on top of the Bitcoin network and the main aim behind its creation was to reduce traffic on the main blockchain and hence, help with Bitcoin’s scalability. дальше »

2019-5-2 17:30


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Societe Generale Issues First Covered Bond (EUR 100m) As a Security Token on the Ethereum Blockchain

Societe Generale SFH, a subsidiary of the Societe Generale Group, announced yesterday that it issued covered bonds worth EUR 100 million as security tokens via the Ethereum network. This is the first time the lending firm has made such a move as it explores ways to use blockchain technology to ease financial transactions. дальше »

2019-4-24 18:09