Hong Kong launches initiative to help banks with DLT adoption

"We intend to communicate as frequently as possible [...] but anticipate that this will be less frequent than what our clients and other stakeholders are used to." 641 Total views 6 Total shares Crypto lender BlockFi has halted client withdrawals on its platform as part of a broader limit to activity in the wake of…

Larry Fink said he hadn't been seeing great institutional demand for crypto within Blackrock's circles. 1150 Total views 10 Total shares Despite the successful rollout of Coinbase's stock yesterday, Blackrock CEO Larry Fink still expressed some concerns over the institutional adoption of crypto.In an interview with CNBC’s Squawk Box today, Fink said he was "encouraged…

Mike Tyson bites the ear off NFTsBoxing legend Mike Tyson has dropped a series of tokenized collectibles on the heavyweight champion platform of the NFT world, OpenSea. The 55-year-old collaborated with digital artist Cory Van Lew to launch the “Mike Tyson NFT Collection,” which consists of 11 one-of-one NFTs up for auction, and six open…

The Dfinity Foundation’s new platform, Utopia, promises enhanced security and sovereignty for government and enterprise cloud infrastructures.

Upbit exchange paid 10 times more in fees to South Korean internet bank K bank Q1 2021 than in the previous quarter. 1700 Total views 5 Total shares As cryptocurrency markets grew in the first quarter of 2021, South Korean banks saw record volumes of deposits and withdrawals to local crypto exchanges.South Korean commercial banks…

The trustee for the defunct Mt. Gox cryptocurrency exchange has drafted a rehabilitation plan for creditors.The plan will see claims for fiat currencies, Bitcoin (BTC), and Bitcoin Cash (BCH) honored in their requested form, while all other crypto assets “will be liquidated into cash to the extent possible."Mt. Gox trustee to liquidate all crypto excluding…

Ripple co-founder Chris Larsen said the firm is considering moving to the U.K., Switzerland, Singapore, or Japan. Ripple is considering relocating to Europe or Asia amid growing frustration at the lack of regulatory clarity in the United States.Speaking to Fortune Magazine’s Jeff John Roberts at the Oct. 6 LA Blockchain Summit, Ripple co-founder Chris Larsen…

American bank holding corporation Capital One has filed a patent application for the implementation of blockchain technology in user authentication, according to a filing published by the U.S. Patent and Trademark Office (USPTO) August 16. According to the document, the inquiry is a continuation of a patent application submitted by Capital One to the USPTO…

The Chairman of Security and Exchange Board of India(SEBI), Ajay Tyagi makes a bet on blockchain technology and urges exploration of the best possible usage of blockchain in securities markets.SEBI is the regulator of the Indian securities market. On Jan 23, speaking at a research conference on 'Changing Landscape of Securities Market' organized by the…