Kraken Custody expands to UK and Australia markets
Kraken’s expansion of its custody services to the UK and Australia marks its first international venture, catering to institutional clients outside the US.
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Tokenizing Commercial Real Estate and the Promise of Liquidity
The commercial real estate sector is squarely in the sights of the blockchain industry. Advocates justifiably believe that the technology offers the ability to streamline everything from capital formation to transaction settlement at hitherto unseen levels of speed and efficiency. Additionally, through a process known as tokenization, blockchain platforms can create digital representations of shares…

Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs

China Tracks Victims of Coronavirus with WeChat and Alipay
The government of Hubei, the Chinese province at the epicenter of the COVID-19 (Coronavirus) outbreak, issued a report on Feb. 18 detailing measures taken against the disease. The officials revealed that they tracked both offline and online purchases of fever medicine to organize relief efforts.As the emergency situation shows no signs of slowing down, provincial…

Sept. 7 is ‘Bitcoin Day’ in El Salvador as BTC becomes legal tender
El Salvador’s Bitcoin Day is marred by operational headaches as the state’s BTC wallet servers go offline. 664 Total views 22 Total shares It is Sept. 7, and El Salvador’s Bitcoin Law has officially come into effect three months after its parliament passed the historic vote. The Central American nation is now the first country…

Ripple partners with Travelex to launch enterprise crypto payment service in Brazil
The rollout of Ripple’s fast and cheap On-Demand Liquidity payment service means that enterprises will no longer have to wait three to five days to settle costly cross-border transactions. 440 Total views 16 Total shares Ripple’s XRP token is set to be used to facilitate fast and cost-effective cross-border transactions in Brazil, after the launch…

Japan’s Largest Gift Card Marketplace Launching Blockchain Gift Cards
Japan’s largest gift card platform Amaten will issue tokenized gift cards in partnership with blockchain network provider Aelf.United Kingdom news outlet Verdict reported on Aug. 20 that Amaten partnered with Aelf — one of the 30 blockchain providers certified by the China Electronics Technology Standardization Institute — to issue gift cards on the blockchain. Amaten plans…

HSBC Exec at Money20/20: Blockchain, CBDCs Pose ‘Great Challenge’ to Interbank Settlement
A senior executive from U.K.-based bank HSBC has said that time-efficient distributed ledger technologies (DLT) and central bank digital currencies (CBDCs) represent a “great challenge” to existing real-time gross settlement (RTGS) systems, Cointelegraph learned at the Money20/20 conference Oct. 23.HSBC’s Global Innovation Lead for Global Liquidity & Cash Management, Craig Ramsey, made his remarks during…

AI21 Labs debuts anti-hallucination feature for GPT chatbots
AI21 Labs recently launched “Contextual Answers,” a question-answering engine for large language models (LLMs). When connected to an LLM, the new engine allows users to upload their own data libraries in order to restrict the model’s outputs to specific information. The launch of ChatGPT and similar artificial intelligence (AI) products has been paradigm-shifting for the AI…