Latest Blockchain News: Finextra Research

Ripple's University Blockchain Research Initiative nurtures engagement in students

Ripple has partnered with leading universities across Europe for its University Blockchain Research Initiative (UBRI) program to catalyse academic research in blockchain development and encourage a new generation to engage in crypto innovation.

13 December 2023

News/sustainable

Nasdaq unveils tech to scale global carbon markets

Exchange operator Nasdaq has launched technology that securely digitises the issuance, settlement, and custody of carbon credits.

30 November 2023

News/crypto

MAS chief rubbishes private crypto in speech

Private cryptocurrencies have failed the basic test of digital money and are likely to be in decline in the near future

29 November 2023

News/wealth

UK funds given green light for tokenisation

Investment funds authorised in the UK may now be able to progress their tokenisation strategies following the publication of the first report from a government-backed industry working group.

23 November 2023

News/wholesale

ASX turns to Tata to replace Chess system

The Australian Securities Exchange (ASX) is planning to turn to a third party to replace its ageing clearing and settlement system.

21 November 2023

News/crypto

BlackRock expands crypto strategy with Ethereum ETF application

In a filing through Nasdaq, the world’s largest asset manager revealed its plans to create an ETF that holds Ethereum’s ether token (ETH), bolstering its cryptocurrency strategy.

10 November 2023

News/crypto

Bitwise distances itself from fraud charges levelled at firm of same name

Bitwise Asset Management distanced itself from charges issued by the SEC and US Department of Justice (DOJ) yesterday, which take aim at the former CEOs of defunct startup Bitwise Industries Inc.

10 November 2023

News/startups

Due raises $3.3m for blockchain-based cross-border payments

Blockchain-based international payments startup Due has raised $3.3 million in seed funding.

07 November 2023

News/wholesale

HSBC becomes first bank in the world to offer tokenised gold

HSBC has unveiled a platform that uses distributed ledger technology to tokenise the ownership of institutional clients’ physical gold held in the bank’s London vault.

02 November 2023

News/payments

HSBC tests tokenised deposit platform for global treasury payments

HSBC has successfully tested the use of tokenised deposits in intra-group treasury transactions using blockchain technology provided by China's Ant group.

01 November 2023

News/crypto

Thai bank buys stake in crypto exchange

Thailand's second-largest bank has acquired a 97% stake in a company that runs a crypto exchange.

30 October 2023

News/crypto

Deutsche Bank and Standard Chartered pilot network for stablecoins and CBDCs

Deutsche Bank and Standard Chartered have carried out the first digital currency transfer and swap on the new Universal Digital Payments Network (UDPN).

26 October 2023

News/crypto

DTCC buys blockchain outfit Securrency

The Depository Trust & Clearing Corporation (DTCC) has agreed to buy blockchain-based fintech Securrency. Financial terms were not disclosed.

19 October 2023

News/crypto

Sweat Economy launches in US

Sweat Economy, a Web3 ecosystem that helps people tokenise their physical activity, has launched in nine new countries, including the US.

18 October 2023

News/crypto

JPMorgan moves to commercialise blockchain with Tokenized Collateral Network

JPMorgan Chase has transformed money market fund shares into tokens to execute an over-the-counter derivatives trade between BlackRock and Barclays Bank using blockchain technology.

11 October 2023

News/startups

Untangled Finance raises $13.5m to bring institutional grade private credit on-chain

UK fintech Untangled Finance has raised $13,5 million for it platform to bring institutional-grade credit with a built-in liquidation mechanism on-chain.

11 October 2023

News/crypto

BIS applies DeFi principles to cross-border wCBDC tests

The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland have successfully tested the cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions, using new decentralised finance (DeFi) technology concepts on a public blockchain.

28 September 2023

News/crypto

Tether commits to AI strategy with €400 million NVIDIA chip purchase

Damoon, a Tether company in which Northern Data Group owns a majority stake, has purchased over 10,000 NVIDIA H100 Tensor Core GPUs, a type of chip, at a total cost of approximately €400 million.

22 September 2023

News/crime

FTX sues Bankman-Fried’s parents over misappropriated funds

The FTX legal saga continues to play out as parents of the company’s founder, Sam Bankman-Fried, have been sued by the FTX parent company Alameda Research, for improperly receiving millions of dollars from the scheme.

20 September 2023

News/crypto

Sibos 2023: Can CBDC replace cash?

At Sibos 2023 in Toronto, EY’s Christopher Woolard chaired a session on how digital currencies have made a big splash over the past few years and questioned whether they will be merely a drop in the ocean.

19 September 2023