SBI Holdings Again Invests in Crypto Exchange Under Scrutiny

The Hong Kong Monetary Authority (HKMA) has kicked off the second phase of its central bank digital currency (CBDC) pilot, the e-HKD, the regulator said Thursday.The central bank will continue testing from the first phase and explore new applications of a digital version of the Hong Kong dollar. The HKMA completed Phase 1 of the

May 12, 2020 at 11:32 UTCUpdated May 12, 2020 at 11:36 UTCBrian Behlendorf, HyperledgerThe official marriage of Ethereum and Hyperledger matters.There have been dalliances between Hyperledger and Ethereum going back over the years. The latest lovechild, Besu, was designed from the ground up to let large enterprises connect to the public Ethereum blockchain. There are benefits…

A new report from the FTX team that’s digging through the financial guts of the failed exchange said the company owed its customers $8.7 billion after commingling and misusing their deposits.About $6.4 billion of the money the FTX.com exchange owed its customers was “in the form of fiat currency and stablecoin that had been misappropriated,”…

markets View Bitcoin could fall to the July 2 low of $9,614 and may break lower in the short-term, as the widely tracked MACD (moving average convergence divergence) histogram on the three-day chart has turned bearish for the first time since December. Buyer exhaustion above $12,000, as seen on the weekly chart, also supports the…

news A new proposal by Vitalik Buterin, the creator of ethereum, suggests he is considering increasing rewards for validators who would secure the operation of the next version of the world’s second-largest blockchain. Ethereum 2.0 is by far the biggest upgrade on the horizon for the ethereum blockchain, today valued at $17.5 billion. Its broader…

news Coinbase Pro announced the coming addition of the proof-of-stake and democratically-governed Tezos blockchain to its institutional trading platform. Tezos (XTZ), a multi-million dollar blockchain that officially launched in September 2018, offers the opportunity for its stakeholders to vote on-chain on proposed upgrades. When Tezos was added to another Coinbase affiliate, Coinbase Custody, in March,…

news Kleinwort Hambros, a Societe Generale-owned private bank and wealth manager, has launched an actively managed exchange-traded note (ETN) targeting the blockchain sector. The London-based bank announced the news on Monday, saying its Luxembourg-listed ETN will invest in companies that could “profit most” from the development and increasing uptake of blockchain technology. ETNs are unsecured debt securities…

Digital asset platform Bakkt Holdings (NYSE: BKKT) will soon allow its customers to trade ether, the second-largest cryptocurrency, in addition to bitcoin, the company said in a statement Friday.Bakkt also said institutional clients can opt to use the Bakkt Warehouse for custody of ether.Shares of the Alpharetta, Georgia-based company, which started trading Oct. 18, rose…

Venezuelan banks have been ordered to use the petro, the Maduro government-launched cryptocurrency, as a unit of account. Wire services AFP reported Tuesday that "all financial information" must be denominated in both the bolivar – Venezuela's official currency – as well as the petro, which was controversially unveiled in December. Maduro's government has claimed, without evidence,…