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Facebook’s Crypto Project Gets Major Backing from Dozens of Industry Heavyweights
Cryptocurrency media outlet The Block on June 14, 2019, revealed the complete list of stakeholders of Facebook’s high-profile digital currency project. Heavyweights Behind the Libra Project According to the report, a number of corporate titans from various industries are part of the governing association of Facebook’s cryptocurrency. дальше »
2019-6-15 13:00 | |
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Facebook Recruits Bank Lobbyist for Regulatory Assist with Crypto GlobalCoin
By CCN Markets: Facebook has just hired a senior UK bank lobbyist ahead of GlobalCoin launch to help the company cope with European regulations. According to the Financial Times, Facebook will employ Standard Chartered European Head of Corporate and Public Affairs Ed Bowles from September as its London-based director of public policy. дальше »
2019-6-14 15:14 | |
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Binance to Stop Serving US Traders Following Announcement of US-Dedicated Platform
Crypto exchange Binance announced today that it has updated its terms of use, which notably includes a restriction of services to U.S.-based individual and corporate traders
дальше »2019-6-14 11:18 | |
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FINRA Fines Ex-Merrill Lynch Employee For Mining Crypto
The U. S. Financial Industries Regulatory Authority (FINRA) has fined and suspended a former Merrill Lynch representative for cryptocurrency mining. The undeclared outside business activity is also what lost Kyung Soo Kim his job. дальше »
2019-6-13 11:15 | |
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Insurance firm Legal & General adopts Amazon’s blockchain for pension deals
Legal & General, a multinational British insurer, has partnered with Amazon to create a blockchain system for corporate pension deals. According to Reuters, Legal & General will be using Amazon Web Services’ managed blockchain system to process bulk annuities – benefit pension schemes sold by companies to insurers in a bid to mitigate risks for policy holders. дальше »
2019-6-12 17:49 | |
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Visa Releases Cross Border Payment Solution for Corporations
Visa has released a B2B Connect network, their enterprise payment solution to process international payments for corporations. Experts see this as a push from Visa to move beyond retail payment processing and enter the global corporate payment remittance market, as reported by Reuters on June 11, 2019. дальше »
2019-6-12 17:33 | |
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UK Based Insurer L&G to Use Amazon AWS Based Manged Blockchain System for Corporate Pensions
Amazon Launches Blockchain-based System News outlet Reuters has confirmed that one of the most valuable companies in the world, Amazon are partnering with UK based insuring giants Legal & General to develop a blockchain system for handling corporate pension deals. дальше »
2019-6-12 16:39 | |
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3 years later, Visa’s blockchain-powered payment network finally goes live
Visa’s blockchain-powered B2B payments product has finally gone live after almost three years in the making. First made public in October 2016, the Visa B2B Connect network is being made available in 30 markets, with plans to expand to as many as 90 territories by the end of the year. дальше »
2019-6-12 13:09 | |
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Corporate innovation isn’t dead, it just needs an outside perspective
In-house innovation labs have gotten a bad rap as of late. Whether their primary area of focus is retail, consumer packaged goods, or technology, labs across the board have been hit with criticism of being too siloed, too insular, too slow to adapt, and the like. дальше »
2019-6-10 16:00 | |
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Bitcoin’s Popularity Beats Trump, Tesla, & Kim Kardashian on Google
By CCN: Bitcoin might be uncorrelated to the stock market, but searches for the top cryptocurrency are highly correlated with that of Kim Kardashian. ConsenSys points out the similarities in a recent blog post in which it compares the popularity of the biggest cryptocurrency with pop culture, politics, and corporate America. дальше »
2019-6-8 02:40 | |
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A blockchain solution for the corporate and public sectors
Waves is the fastest blockchain platform with real-world solutions for end users, businesses and developers, whether they need to store or exchange tokens, trade swiftly and securely (DEX) or run fraud-proof business logic (Waves smart contracts). - Medium дальше »
2019-6-12 17:05 | |
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Elon Musk Debunks Viral Report That He Is Wildly Overpaid as Tesla CEO
By CCN: Last week, we learned that Elon Musk was the highest-paid CEO in America in 2018. And it wasn’t even close. Musk scored a jaw-dropping $2. 3 billion in compensation, outstripping the next 65 corporate executives combined. дальше »
2019-6-2 09:40 | |
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Good News For Ripple? SEC To Consider More “No Action” Letters For Crypto
U. S. regulators may be taking a more flexible approach to enforcing security regulations in the cryptocurrency and blockchain space. That could include granting no-action letters to ICO and other cryptocurrency projects that can now demonstrate a viable use-case. дальше »
2019-6-1 20:08 | |
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SEC Director Of Corporate Finance Sees ICOs Becoming Exempt From Securities Laws
Speaking at today's SEC FinTech Forum 2019, Director of Corporate Finance William Hinman said he believes ICO-funded projects could become exempt from securities laws if they become sufficiently decentralized. дальше »
2019-6-1 18:52 | |
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Decentralization Advances, One Giant Corporation At A Time
The blockchain is out of the bottle, with Facebook the latest corporate giant to announce a native cryptocurrency. It won’t be without competitors, though. Telegram’s TON blockchain is expected to launch by the end of the year and if Kik has its way, KIN could threaten to Facebook’s ability to monopolize peer-to-peer payments. дальше »
2019-5-30 21:47 | |
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How much does it cost to get an employee to steal workplace data? About $300
You can’t buy loyalty, but if you’ve got enough money, you can buy sensitive corporate information from disaffected office workers. At least, that’s the finding from UK infosec firm Deep Secure, which today published its ‘What is the Price of Loyalty’ report. дальше »
2019-5-29 17:33 | |
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Fidelity Is Really In Love With Bitcoin: Texas Office Filled With Crypto ASICs
Many cynics say that institutions and other big names in the corporate world aren’t in Bitcoin (BTC) or crypto assets yet. But, this is quickly being proven not to be the case. In a recent tweet, a Bitcoin developer and industry insider revealed that one of the biggest names on Wall Street has and continues. дальше »
2019-5-26 02:00 | |
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Corporate Giants Embracing Crypto is Massive Boon For Bitcoin: Researcher
Binance’s loss of 7,000 Bitcoin (BTC), Bitfinex and Tether’s trouble in court, and the continual disapproval of BTC exchange-traded funds (ETFs) aside, the crypto news cycle has been widely positive. дальше »
2019-5-24 15:34 | |
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Kenya is allegedly selling citizen data to highest corporate bidder
According to Dr. Roselyn K. Akombe, Chief of Policy Planning and Guidance at the United Nations and ex-commissioner of Kenya’s Independent Electoral and Boundaries Commission (IEBC), the country’s government is going to sell all the citizen data collected through the Huduma Namba exercise to the highest bidder. дальше »
2019-5-22 18:13 | |
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Why Are Big Banks And Corporate Companies Supporting Ripple (XRP) More Than Retail Investors?
Ripple And XRP Hated By The Crypto Community Loved By Banks Ripple is one of the most popular crypto companies in the cryptocurrency market and world. The firm is working in order to improve cross-border transactions and payments around the world. дальше »
2019-5-21 21:23 | |
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Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession: Analyst
By CCN: The sudden swell of Bitcoin’s price to $8,000 USD this year shows global recession fears are mounting. This according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch. дальше »
2019-5-20 17:30 | |
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Australia’s PCF Capital Group Picks KoreConX For $250M Mining-Focused Security Token Offering
Australia Based PFC Capital Group To Launch 250 Million USD Security Offering With Koreconx PFC Capital Group, an Australian capital advisory company has chosen KoreConX, a permissioned blockchain system, for a 250 million USD digital security offering. дальше »
2019-5-15 23:40 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Verizon Security Research: Over 20% Of Data Breaches Thought to Be Carried Out By Nation State Actors
Verizon’s 2019 Data Breach Investigations Report (DBIR), released Wednesday, which analyzed more than 41,000 cybersecurity incidents and over 2,000 data breaches from 86 countries. It found that cyber attacks by nation states and parties affiliated with them represented 23% of data breaches, up from 12% in 2018 and 19% in 2017, Corporate spying is on […] дальше »
2019-5-9 19:16 | |
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Latest Deloitte Research Shows Warming Interest in Blockchain Among Corporate CEOs
Deloitte has already taken steps to become involved with blockchain. The company has ditched Ethereum, adopted VeChain, and is looking ahead at overtaking bitcoin transactions. Director and Consultant Cillian Leonwicz shared in LinkedIn about a week ago: “We wrote more transactions than Bitcoin over the weekend by migrating our client work from Ethereum to VeChain […] дальше »
2019-5-8 20:45 | |
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WeChat Releases New Payment Service Policy, Banning Crypto Trading And Transactions
New Payment Policy Released By WeChat, Banning Crypto Transactions Merchants and corporate users can no longer be engaged in crypto activities with WeChat, starting May 31st. Binance CEO suggests that WeChat’s policy change was not of their own volition. дальше »
2019-5-7 21:03 | |
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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 | |
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Toxic ICO Taxes: Thailand Stock Chief Slams Regulators for Crippling Crypto-Friendly Startups
By CCN. com: Thai startups raising funds by issuing digitized equities/stocks pay more taxes than an average business, according to Prinn Panitchpakdi. The governor of the Stock Exchange of Thailand (SET) said initial coin offering (ICO) startups typically pay 7 percent in value-added (VAT) and a 20 percent in corporate tax. дальше »
2019-5-7 14:24 | |
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KPMG States: Out of 1,500+ Cryptos; Bitcoin, Ripple, Ethereum, & IOTA are the “Most Important”
There are four most important cryptocurrencies viz Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), and IOTA (MIOTA) as per KPMG’s insight blog titled, “Cryptocurrencies: Do they matter to corporate treasuries?” One of the Big Four auditors KPMG is a network of professional service firms that provides tax, advisory, and financial audit services. With large companies like […] дальше »
2019-5-5 18:16 | |
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Pay for Flights on Your Next Business Trip With Bitcoin Cash via Corporate Traveller
Businesses and startups in the cryptocurrency industry are a growing force around the world and services providers are taking note. U. K. ’s Corporate Traveller recently began accepting bitcoin cash payments from companies booking flights for their staff, a much needed service for a global sector with so many international events. дальше »
2019-5-5 14:52 | |
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Major Influencer in Anti-Bitcoin Case in India Calls Crypto a Ponzi Scheme (Doesn’t Imply Bitcoin Is)
The Reserve Bank of India is due to finally conclude a case that will finally determine how cryptocurrency will be used within the country. However, Anurag Agarwal of the Ministry of Corporate Affairs could have a major influence – will he use that power towards the good of the crypto industry? Anurag Agarwal states that […] дальше »
2019-5-5 00:36 | |
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High-Profile Indian Government Official Calls Bitcoin a Ponzi Scheme
Cryptocurrencies like bitcoin are Ponzi scheme and deserve to be banned to protect investors, at least according to Anurag Agarwal. The joint secretary for India’s Ministry of Corporate Affairs accused bitcoin of simplifying financial frauds in the Indian markets. дальше »
2019-5-4 14:00 | |
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BitMart Hosted Lectures at Top U.S. Academic Institutions, Determined to Promote Blockchain Education
On April 26 and April 30, BitMart Exchange, a premier global digital asset trading platform, organized two separate lectures at Columbia University and The State University of New York at Stony Brook (SBU). дальше »
2019-5-3 21:08 | |
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SpaceX Fesses Up: Mysterious ‘Anomaly’ Was Capsule Being Blown to Bits
By CCN: The only thing worse for Elon Musk than a Tesla car exploding for no reason is a SpaceX Crew Dragon capsule exploding to smithereens during a high-stakes test. The only thing worse than that, however, is describing the capsule’s obliteration as “an anomaly”. дальше »
2019-5-3 20:55 | |
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50% of Institutional Investors Consider Crypto Worthy of Being Added to Their Portfolios, Claims Survey
Ever since the crypto markets plunged from their late-2017 highs, embattled investors have been closely watching to see how large investment groups, including corporate and institutional investors, take to the nascent markets – as they may ultimately introduce enough capital to the markets to fuel the next bull market. дальше »
2019-5-3 01:00 | |
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Truffle Raises $3 Million to Expand Operations; Spins-off from ConsenSys
In an exclusive reveal to Forbes, April 29, 2019, Truffle announced it is spinning off from ConsenSys and has raised money to expand into enterprise-grade solutions. Following the spin-off, Joseph Lubin will join as a board member. дальше »
2019-5-1 16:00 | |
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Max’s Corner: The Ramping Up of the Corporate Exodus into Blockchain
Coinspeaker Max’s Corner: The Ramping Up of the Corporate Exodus into BlockchainThis edition of Max’s Corner looks at the ongoing influx of corporations into the crypto space, including projects by Nike, Philip Morris, and Samsung, and what they mean for decentralization. дальше »
2019-4-30 19:52 | |
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Crypto News Media and Entertainment Outlet BreakerMag to Shut Down, Close Shop
Breaker Magazine, a crypto media news outlet launched in 2018, is reportedly shutting down. The news comes from TheBlock, which cites “sources familiar with the situation.” Breaker Mag is reportedly losing money for Breaker, its corporate owner, and there was no viable business plan in place to make the site profitable. BreakerMag is led by […] дальше »
2019-4-30 03:33 | |
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Report: American Trading Platform E*Trade to Offer Crypto Trading Services
New York-based financial assets trading platform E*Trade is poised to offer cryptocurrency trading services, sources told Bloomberg, April 27, 2019. E*Trade to Make Entry into Volatile Crypto Industry Per sources in the know of the matter, E*Trade will begin its operations by offering bitcoin (BTC) and ether-based crypto (ETH) products. дальше »
2019-4-29 12:10 | |
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Could Growing Investments in Crypto Funds Signal Improving Fundamental Strength?
It’s no secret that many crypto investors are hanging their hopes on institutional and corporate investments as the next catalyst that will send the markets surging back towards, or past, their all-time-highs. дальше »
2019-4-29 22:30 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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