Blockchain

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/crypto

Axelar integrates with Pangolin Exchange

Axelar, the decentralized interoperability network that connects blockchain ecosystems, applications and users, has today announced a new integration with Pangolin Exchange, a decentralized exchange (DEX) for Avalanche and Ethereum assets.

Hedera Hashgraph beats DLT competitors on energy consumption

/sustainable

Hedera Hashgraph beats DLT competitors on energy consumption

A research report by University College London (UCL) has examined the varying environmental impacts of six different distributed ledger technologies (DLT), finding that Hedera Hashgraph boasts the lowest overall energy consumption of the group.

IOTA tapped by EU to enable region’s blockchain infrastructure

/payments

IOTA tapped by EU to enable region’s blockchain infrastructure

The IOTA non-profit and its distributed ledger technology has been named as one of seven providers selected by the Commission to develop the European Blockchain Services Infrastructure (ESBI).

/markets

Bitfinex Securities launches regulated investment exchange

Bitfinex Securities Ltd. a provider of blockchain-based investment products, has launched its regulated investment exchange in the AIFC Fintech Lab, aiming at increasing accessibility to a large set of financial products for eligible members who wish to diversify their portfolio.

US Bank takes stakes in two fintech VCs

/startups

US Bank takes stakes in two fintech VCs

US Bank has taken ownership stakes in two fintech-focussed venture capital firms as it seeks to step up its engagement with the sector.

/crypto

Daniel Prinz, CTO of First DAG, appointed as official maintainer of Diem blockchain

First DAG, who has developed the first global digital payment platform as a service, is pleased to announce that Diem Association’s Technical Steering Committee (TSC) has appointed its Chief Technical Officer (CTO), Daniel Prinz, as an official Maintainer of the Diem blockchain, a distributed, programmable database designed to serve as the foundation for next-generation financial services.

Standard Chartered and Linklogis team on trade finance platform

/wholesale

Standard Chartered and Linklogis team on trade finance platform

Standard Chartered and Chinese blockchain-enabled supply chain financing platform Linklogis have formed a joint venture to build a trade finance origination and distribution platform.

/retail

Worldline backs EC's TruBlo project

Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, is leading the TruBlo (Trusted Blockchain) project under the European Commission's "Next Generation Internet" initiative, which aims to provide researchers and companies with funding to develop innovative solutions based on Blockchain technology to address the issue of trust in social media content.

Bank of America granted record number of patents

/people

Bank of America granted record number of patents

Bank of America is boasting a record 227 US patents granted in the first half of the year, with AI and machine learning the area seeing the most action.

/crypto

Blockstream raises $210 million, increasing valuation to $3.2 billion

Leading Bitcoin infrastructure firm Blockstream has announced raising $210 million as part of a Series B financing on a valuation of $3.2 billion.

Visa pays $150,000 for CryptoPunk NFT

/crypto

Visa pays $150,000 for CryptoPunk NFT

Visa has paid around $150,000 in Ethereum to buy a CryptoPunk non-fungible token as it explores ways to get into the fast-growing NFT game.

UX of selling NFTs on OpenSea could be optimised, claims Built for Mars

/crypto

UX of selling NFTs on OpenSea could be optimised, claims Built for Mars

The experience of creating and selling NFTs on OpenSea has three key friction points, argues Peter Ramsey, founder of UX consultancy, Built for Mars, in a new case study.

LSE joins Hedera Hashgraph Governing Council

/payments

LSE joins Hedera Hashgraph Governing Council

The London School of Economics and Political Science (LSE) was today announced as the newest member of Hedera Hashgraph’s Governing Council, joining UCL as the second member from the higher education sector.

/payments

Roxe collaborates with Treviso to launch remittance program

Roxe, a next-generation global payment network, today announced that Treviso, an international foreign exchange broker, will become a Roxe node to send remittances from the United States to beneficiaries in Brazil. The Roxe network is designed to save financial institutions significant time and costs by using blockchain technology to provide fast, inexpensive, and highly reliable clearing and cross-border settlement of payments and remittances.

/wealth

Investcorp and ADDX partner to expand use of digital securities in alternative investment space

Investcorp, a leading global provider and manager of alternative investment products, and private capital exchange ADDX – formerly known as iSTOX – announced today a long-term partnership to expand the use of digital securities in the alternative investment or private market space. The collaboration promises a more seamless, coordinated delivery of opportunities to end-investors and will benefit accredited corporate and individual investors, offering them easier access to opportunities that traditionally require high minimum ticket sizes.

/payments

Future Fintech Group establishes UK subsidiary

Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a leading blockchain-based e-commerce business and a fintech service provider, announced today that it has incorporated a new subsidiary, FTFT UK Limited ("FTFT UK"), as an operating base from which to develop fintech business in Europe.

/payments

SBI Ripple Asia opens payments corridor between South Korea and Thailand

“SBI Ripple Asia” hereby announces that it has partnered with Global Money Express, a leading South Korean money transfer company, and launched a DLT-based money transfer business between South Korea and the Kingdom of Thailand.

/wholesale

ASC X9 publishes Blockchain Risk Assessment Framework

The Accredited Standards Committee X9 Inc. (X9) has published Technical Report 54, "Blockchain Risk Assessment Framework," to guide those seeking to understand how to perform an accurate assessment of risk for this new system technology.

BBVA taps into Ant's Trusple blockchain platform

/wholesale

BBVA taps into Ant's Trusple blockchain platform

BBVA has inked a deal to integrate cross-border payment and financing services in Ant Group's blockchain platform for global trade, Trusple.

Institutional crypto platform FalconX achieves $3.75 billion valuation

/crypto

Institutional crypto platform FalconX achieves $3.75 billion valuation

FalconX, a one-stop-shop for institutional cryptocurrency market participants, has closed a $210 million Series C financing round, valuing the company at $3.75 billion.

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