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“# South Korean Shinhan Bank joins Klaytn’s blockchain governance council ” Shinhan Bank, one of the largest banking institutions in South Korea, has entered into a partnership with Klaytn, a global blockchain platform developed by Kakao subsidiary Ground X. According to a Monday announcement, Shinhan Bank has joined Klaytn’s blockchain governance council, becoming a member…
“# Grayscale adds Cardano to Digital Large Cap Fund after rebalancing ” In a recent development, Grayscale Investments announced an adjustment to its Grayscale Digital Large Cap Fund (OTCQX: GDLC) to include Cardano (ADA) as the third-largest holding. Reflecting the growing demand for crypto investments, the fund’s portfolio was adjusted by selling existing components for…
“# Ukrainian e-bank plans to offer Bitcoin trading in July ” As the Ukrainian government progresses with cryptocurrency-related legislation, a major local e-bank is preparing to launch a debit card featuring Bitcoin (BTC) trading. Ukrainian online banking application Monobank has completed a pilot integration with a cryptocurrency trading platform, Monobank co-founder Oleg Gorokhovsky announced Monday….
“# Blockchain a panacea for corruption in state governance, says exec ” Transparency, fairness and efficiency of government systems are some of the areas that are prime for blockchain disruption in public governance. Writing for the WEF Global Agenda section, Matthew Van Niekerk, co-founder and CEO of blockchain-as-a-service outfit SettleMint, highlighted how blockchain adoption could…
“# Indian IT giant Tech Mahindra partners on blockchain system for vaccine tracing ” As mass vaccination programs against COVID-19 become increasingly critical to many governments’ strategies for pandemic management, blockchain firms are acting fast to propose ways in which the technology could offer solutions to some of the logistical hurdles involved. Blockchain company StaTwig…
“# Cryptocurrency and the rise of the user-generated brand ” In the whirl of excitement and debate over where cryptocurrencies are going and whether they are legitimate, sustainable and prudent investments, there is an overshadowed conversation of interest to those in marketing: Are Bitcoin (BTC), Ether (ETH), Cardano’s ADA, Litecoin (LTC), XRP, Dogecoin (DOGE), etc.,…
“# 44% of investors expect Bitcoin to drop below $30K in 2021: CNBC survey ” Throughout Bitcoin’s historic price surges and falls, investors have tried and failed to employ traditional markers to make sense out of the volatile trends. CNBC recently conducted a survey on a group of portfolio managers and equity strategists to understand…
“# NBA’s Portland Trail Blazers to wear crypto logo for next five years ” The Portland Trail Blazers, an American professional basketball team competing in the National Basketball Association (NBA), is moving into the cryptocurrency industry with a new partnership. The NBA announced Thursday that the Trail Blazers has landed the league’s first jersey patch…
“# Crypto ownership has nothing to do with distrust in fiat: BIS study ” The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is linked to distrust in traditional finance. On Thursday, the BIS published a…
“# Xapo co-founder gets regulators’ green light for new crypto startup ” The latest project from one of wallet provider Xapo’s co-founders, Federico Murrone, has secured the go-ahead from Liechtenstein’s financial regulator for his new startup Lirium to provide its crypto solution for banks, fintechs and marketplaces worldwide. The project, called Lirium, offers a plug & play backend…