Blockchain Cryptocurrency News

Chinese Blockchain Revolution Sees 10,000 Newly Added Firms in 2020 Alone

China’s blockchain growth in terms of newly added firms in 2020 has surpassed the total figure seen in 2017. With support from the government, startups dedicated to developing decentralized ledger technology (DLT) are increasing in number with the country looking to dominate the emerging digital landscape. Current 2020 Figures Topple 2017’s Total In a tweet Read more…

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Blockchain Cryptocurrency News

Cryptocurrency Wallet Ledger Reports Data Breach Of 1 Million Emails

Leading cryptocurrency hardware wallet provider, Ledger, announced Wednesday that it suffered a data breach, which affected the personal information of thousands of users in late June. According to a detailed report published by Ledger today, the breach occurred on June 25. The attacker accessed a part of the company’s e-commerce and marketing database, containing mostly Read more…

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Bitcoin Blockchain Cryptocurrency News

Japan megabank Nomura launches Bitcoin and crypto custody for institutional investors

Institutional investors are coming in hard and fast to the crypto market and, whether you like it or not, seem like they are here to stay. “Komainu” Japan’s top financial services and banking firm Nomura launched its much-awaited Bitcoin custody service for institutional investors this week, after over two years of development and clearing regulatory Read more…

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Blockchain Cryptocurrency News

Major Tokyo Company To Use Blockchain To Trade Excessive Electricity

A local report indicated that Tokyo Electrical Energy Firm Holdings Inc (TEPCO) has partnered with the Japanese trading company Itochu Corp, to develop a blockchain-based platform to trade surplus of electricity between households. Blockchain-based Trading Platform For Electricity According to the Nikkei, TEPCO and Itochu signed the partnership to utilize blockchain technology for the upcoming Read more…

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Bitcoin Cryptocurrency News

Bitcoin Exchange Outflows Hit 8-Month High, HODL’ing Soars

Bitcoin adopters seem eager to hold their own coins as withdrawals now outpace deposits on exchanges. This cryptocurrency outflow reflects the growing unease about the state of the global economy, as well as the stability of the crypto space. BITCOIN EXCHANGE BALANCES HAVE BEEN DECLINING FOR WEEKS Analytics firm Glassnode has noted that exchange liquidity Read more…

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Cryptocurrency News Ripple

SBI Becomes RippleNet’s Leading Remittance Partner

Japanese remittance service SBI, has become Ripple’s primary partner to launch an xCurrent-backed remittance app named MoneyTap. SBI & Ripple will provide remittance services to Thailand, Vietnam, and other nations using a consortium of partner banks and Ripple’s xCurrent Distributed Ledger technology (DLT). SBI Holdings, Inc. Financial Results January 31, 2020 “SBI Remit’s transaction volume Read more…

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Blockchain Cryptocurrency News Ripple

US Congress Mentions XRP and Ripple During Tech Discussion

The US congress had a hearing about non-cash payment technologies yesterday. During the discussion, Tom Emmer, the Chair of the National Republican Congressional Committee, mentioned Ripple (XRP) among several other cryptocurrencies. Ripple Fans Get Excited [embedded content] US representative Tom Emmer of Minnesota’s 6th District addressed a panel of payments industry leaders yesterday at the Read more…