Banking giant HSBC has invested $4 million in New York-based blockchain startup Axoni. The investment is part of Axoni’s Series B funding round, bringing the total amount raised in the round to $36 million. Other investors include Goldman Sachs, NYCA Partners, Andreessen Horowitz,
Malta-based cryptocurrency exchange OKEx has announced that its Customer-to-Customer (C2C) trading system is now supporting Vietnamese Dong (VND).
Created in 2017, OKEx’s C2C trading system allows user to buy and sell cryptocurrencies, such as bitcoin, using fiat with a peer without the need of a centralized trusted third party such as an exchange.
All was quiet on the cryptocurrency front this morning in early trading, as the markets continued their recent sideways inaction.
In early trading, bitcoin was holding at the $6,300 level, although with surprisingly heavy volume. The rest of the top ten coins were mostly down a percent or two,
Dun & Bradstreet has released new data today which claims that only one-quarter (26%) of finance professionals believe blockchain technology and smart contracts will be the dominant B2B payment method by 2028.
The largest group (44%) believes online payment platforms and e-checks will be most popular,
An Arizona-based crypto trader has been fined $1.1 million by the US Commodity Futures Trading Commission (CFTC) for stealing cryptocurrencies from his previous employer, Chicago-based trading firm Consolidated Trading.
The CFTC issued an Order filing and settling charges against Joseph Kim for orchestrating a fraudulent cryptocurrency scheme that led to more than $1 million in losses.
The Great Lakes Science Center (GLSC), a museum and educational facility in downtown Cleveland, Ohio, is now accepting bitcoin payments via blockchain payments firm BitPay.
Opened in July 1996, the GLSC makes science, technology, engineering and math (STEM) come alive for more than 300,000 visitors a year through hundreds of hands-on exhibits,
Japanese insurance firm Tokio Marine & Nichido Fire Insurance and Japanese IT services provider NTT Data have successfully completed a blockchain proof of concept (PoC) for marine cargo insurance claims.
The blockchain PoC involved eight overseas claims settling agents and surveyors on three continents –
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Japanese Bank MUFG, Brazil’s Banco Bradesco Sign MoU To Develop Blockchain Cross-Border Payment Service
Japan-based Mitsubishi UFJ Financial Group (MUFG), the world’s fifth-largest financial institution, has partnered with Brazil’s Banco Bradesco to develop a cross-border payments service based on Ripple’s blockchain technology.
The two banks signed a memorandum of understanding (MOU) to create cross-border payments between Japan and Brazil.
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