Tagged: ethereum

Banking Giant Santander Conducts One of the Most Advanced Blockchain-based Bond Transactions

Spanish multinational commercial bank Santander has reportedly become the first financial institution to handle all aspects of a bond issuance process on a blockchain-based platform. The world’s ninth-largest financial services company used an ERC-20 compliant token to represent $20 million in issued debt, and settled… Read More

Microsoft and hubii to Officially Announce Ethereum Scaling Solution nahmii

Nahmii, a new scaling solution focused on making Ethereum ready for enterprise-level application development, will be revealed at an upcoming blockchain event co-hosted by hubii and Microsoft. Jacobo Toll-Messia, the CEO of hubii, the developer of nahmii, says: ‘‘Working closely with Microsoft will give nahmii… Read More

Tether Launches Offshore Chinese Yuan Proxy

Controversial stablecoin issuer Tether has launched its promised “CNHt” coin, which is designed to act as a cryptographic proxy of offshore Chinese yuan (CNH). The coin will run as an ERC-20 token on the Ethereum network. Offshore Chinese yuan (CNH) added to our basket of… Read More

Globex Announces Addition of Ethereum Wallet Forensics to AML Screening Solution

Blockchain software solutions company GlobexUS Holdings, Corp. (Globex) announced on Wednesday the launch of its new Ethereum wallet forensics feature, which has been added to AMLCop, its proprietary AML software solution. According to Globex, the new feature allows AMLCop to continually screen Ethereum wallets against… Read More

Ethereum Blockchain Running Out of Room Again

The world’s second-largest cryptocurrency network after Bitcoin, Ethereum, is close to capacity as scaling solutions remain unrealized and other coins rent space on the chain. Ethereum came close to capacity once before, in 2017, when there was a brief craze for the “digital collectible” KryptoKitties…. Read More

Perspective: Ethereum (ETH), the World’s Second Largest Cryptocurrency, Shows No Signs of Slowing Down

Ethereum (ETH) is currently the second largest cryptocurrency by market cap, and while it doesn’t benefit from Bitcoin’s ‘first starter’ advantage, in many ways, it’s actually a far more superior blockchain technology. The Ethereum network has a more complex and detailed developmental structure that allows… Read More

Finledger Partners with Four Banks to Issue Promissory Notes Using Blockchain

Four German banks including, DekaBank, dwpbank, DZ BANK and Helaba, have partnered with finledger to issue promissory notes using Ethereum blockchain, according to a release. The issuance is said to be a first ever as the pilot offering seeks to establish a base point standard… Read More

Ethereum Price Spikes 10% On News CFTC May Approve ETH Futures

The price of Ethereum (ETH), beleaguered for over a year, jumped from ~$160 USD to ~$180 USD in the hours following a May 6th Coindesk report that the CFTC may be “comfortable” with allowing trading of ETH futures. Image from Coinmarketcap. The price had settled… Read More

French Bank Societe Generale Issues €100 million Bond as Security Token on Ethereum Blockchain

France is a country that is aggressively pursuing blockchain innovation. Crowdfund Insider’s recent coverage of Paris Blockchain Week highlighted this fact as both policymakers and innovators appear to be on the same page. Now, big banking is moving forward in the crypto space by actually… Read More

Gifto Abandons Ethereum, Migrates Over to Binance Chain, a Blockchain that is Less Costly, Simple to Use

Gifto, a company that completed a $30 million initial coin offering (ICO) in less than a minute, has bailed on Ethereum. In a blog post, Gifto said they have “tremendous respect for the Ethereum community,” but that respect apparently does not transfer over to confidence… Read More

Research: Some Private Keys on Ethereum Blockchain at Risk of Brute Force Attack

Independent Security Evaluators (ISE) has published a report about the Ethereum blockchain. The report claims that poorly implemented private key generation is facilitating the theft of cryptocurrency. ISE said they discovered 732 private keys as well as their corresponding public keys that committed 49,060 transactions… Read More

ConsenSys Said to Be Raising $200 Million at a $1 Billion Valuation. Is it worth it?

A report from last week in the Information states that ConsenSys is in the process of raising up to $200 million from outside investors. Apparently, ConsenSys is slapping a $1 billion valuation on the offering. So is it worth the money? It is too hard… Read More

North Korean Dissident Group Raising Money on Ethereum

A group dedicated to the liberation of North Korea, Cheollima Civil Defence, is raising funds through the sale of 200 000 symbolic “visas” that promise holders they will be among the among the first to visit “Free Joseon upon liberation.” The group’s “Post-Liberation Blockchain G-VISAs”… Read More

Crypto Wallet & Exchange Abra Announces Expansion of Support For Ethereum

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, announced on Wednesday it has expanded support for the Ethereum platform by adding native integration of Ethereum’s currency, ether (ETH). Abra users may now deposit, invest, and withdraw ether directly from the Abra app. Abra reported that… Read More

Report: Coding on High Profile Crypto “Forks” Negligible in Past Year

Bear markets may have taken the wind out of several crypto fork’s sails, as the number of code commits lodged by developers of coins like Litecoin and Bitcoin Gold has fallen to less than half-a-dozen per month, says ‘crypto asset management firm’ Electric Capital. The… Read More

Coincenter Publishes Correspondence with SEC Chair Jay Clayton: Digital Assets May Be Sold as a Security but Could Change Over Time

Coincenter, a leading advocacy group for the cryptocurrency/virtual asset space, has shared a recent correspondence with SEC Chairman Jay Clayton. Chair Clayton responded last week to a letter originally sent last October by Congressman Ted Bud who was seeking additional clarity on crypto and its… Read More

Plattsburgh Lifts Moratorium on Crypto Mining, Miners to Pay Overages

The town council of Plattsburgh, New York, has voted 5-1 to lift a year-old moratorium prohibiting any new cryptomining operations from setting up within town limits, Midday Magazine reports. The moratorium was established in March of last year after cold temperatures and crypto-mining consumption exhausted… Read More

Swiss Fintech Avaloq Joins the Enterprise Ethereum Alliance

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has joined the Enterprise Ethereum Alliance (EEA), which is an open source blockchain initiative. Avaloq reported that as a member of the EEA it will collaborate with… Read More

Synthetix Launches Ethereum Synthetic Bitcoin “sBTC”

Synthetix, a decentralized synthetic asset platform, has launched a synthetic Bitcoin on the Ethereum blockchain known as synthetic Bitcoin (sBTC). This news comes just a couple of months after Synthetix rebranded from Havven. According to Synthetix, sBTC provides access to the value of Bitcoin without the friction of… Read More

UAE Development Firm Behind Burj Khalifa Denies it Accepting Crypto for Real Estate

Emaar Properties, the company that developed the United Arab Emirati’s (UAE’s) iconic Burj Khalifa tower, the tallest in the world, has denied rumours that it plans to accept cryptocurrency payments in real estate deals. According to a company spokesperson speaking to Bloomberg: “Emaar does not… Read More

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