HSBC’s Blockchain Platform Settled $250 Billion in Forex

London Based banking giant HSBC reported it had settled 250 billion dollars of forex trades in its Blockchain powered platform in 2018, according to a report published by Reuters. HSBC platform FX Everywhere is a blockchain powered system that uses distributed ledger technology to increase the efficiency of internal flows. The bank conducted 3 million […]

Bittrex Launches an OTC Desk for 200 Cryptocurrencies

Seattle based cryptocurrency exchange Bittrex launched today an over-the-counter desk for the trading of digital assets, including nearly 200 tokens on its platforms. According to a press release, Bittrex is launching the new OTC desk to reduce customer’s price risk and to offer faster trade execution. It will facilitate direct transactions between two investors. “It […]

Spain Warns About 23 New Forex & Cryptocurrency Exchanges

The Comisión Nacional del Mercado de Valores, CNMV, has added 23 new forex and Cryptocurrency exchanges to its list. called “Chiringuitos Financieros.” According to a press release published by the CNMV, the regulator agency identified 23 firms that are not authorized “to provide the investment services detailed in Article 140 of the Securities Markets Law, […]

Monerium Gets 2 Million Funding to Develop e-Money on Blockchains

Iceland based fintech startup Monerium have raised around two million dollars in a seed funding round led by Nordic VC fund, Crowberry Capital, and New York companies ConsenSys and Hof Holdings. According to a press release, the funding will be focused on the issue of e-money on blockchain platforms. “Monerium’s objective is to make currency […]

Malta Proud to be Blockchain Island; Crypto safety Promoted

Nationalist Party leader Adrian Delia criticised the status as “the Bitcoin island” that Malta is taking as cryptocurrencies collapsed in 2018 with no surveillance from the Maltese government. However, the Muscat’s government said they are proud to work on artificial intelligence, cryptocurrencies and Blockchain and that Malta is called not only the Bitcoin but “the […]

NYC To Open a Blockchain Center to Promote Industry

New York City Economic Development Corporation, NYCEDC, has designated “Future\Perfect Labs and Global Blockchain Business Council to launch and operate the NYC Blockchain Center,” according to a press release published by the NYCEDC. In an effort to promote the ongoing growth of the interests and initiatives of the New York City on the Blockchain industry, […]

Nasa Explores Blockchain to Secure Flight Data

Nasa is now exploring blockchain technology to solve, upgrade, and improve the security of aircraft flight data according to a research paper published by Ronald Reisman, aero-computer engineer at NASA Ames Research Center. Reisman is a computer Engineer with extensive experience in the aerospace industry. He is a full-time Aero-Computer Engineer & Part-Time Developer at […]

Bitmain Suspends Mining Operations in Texas

China based mining operator and hardware producer Bitmain has scaled back its Bitcoin Mining operations in Rockdale, Texas, according to a news published by the TPR, the Texas Public Radio station. The Rockdale mine was supposed to be the biggest cryptocurrency mine in the United States with Bitmain making adjustments to an Alcoa power plant […]

US DOE Gives $4.8M for Research on Blockchain for Fossil Energy

The Office of Fossil Energy in the United States Department of Energy has just announced $4.8 million in federal funding to universities for research and development projects including Blockchain, according to a press release published by the DOE. The department of Energy is looking for ideas and developments that would work to upgrade fossil energy […]

Do You Want a Bitcoin? Go to a French Tobacco Store

Is the regulation ready for a mass-escalation of Bitcoin? You might not think so, but cryptocurrencies are moving faster and faster, no matter how slow the political sphere is. Now, Tobacco shops are selling Bitcoin for cash following a Keplerk initiative. France based fintech and wallet provider group Keplerk launched a project in around 24 […]