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“# Yahoo! Japan works with Line to launch NFT trading ” Major Japanese internet company Yahoo! Japan has partnered with messaging giant Line to launch nonfungible token (NFT) trading. Line officially announced Tuesday that its cryptocurrency-focused subsidiary LVC Corporation would collaborate with Yahoo! Japan to enable secondary trading of NFTs issued on Line’s proprietary blockchain….
“# Visa to acquire cross-border payments fintech Currencycloud ” Visa officially announced Thursday that it signed a definitive agreement to acquire Currencycloud, a fintech platform supporting about 500 banking and technology clients across more than 180 countries. The new acquisition aims to improve Visa’s foreign exchange business and expand them to serve financial institutions, fintechs…
“# OK Group to help China combat money laundering with blockchain ” OK Group, a blockchain technology firm formerly behind cryptocurrency exchange OKEx, will start working with Chinese authorities to combat money laundering using blockchain technology. The company’s settlement-focused subsidiary OKLink has reached a partnership with Nanjing Public Security Research Institute to collaborate on applying…
“# UFC inks $175-million sponsorship deal with Crypto.com ” Ultimate Fighting Championship, a major global mixed martial arts organization, continues its deep dive into the cryptocurrency industry by announcing a sponsorship deal with a cryptocurrency exchange. UFC announced Wednesday that it agreed to a fight-kit partnership with Crypto.com, one of the world’s largest crypto trading…
“# CoinShares to acquire ETF index business from Alan Howard’s crypto firm ” European digital asset manager CoinShares announced it is acquiring the exchange-traded fund (ETF) index business from crypto firm Elwood Technologies for $17 million. The transaction is expected to be completed in the second week of July, according to the announcement. Elwood —…
“# 3 reasons why Enzyme Finance (MLN) is up 92% in a week ” Decentralized finance (DeFi) has emerged as one of the most promising real-world applications of blockchain technology, capable of reshaping the face of the global financial markets and transforming the way the average person manages their money. One DeFi focused project that…
“# 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…
“# 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…
“# Tom Brady and Gisele Bündchen take equity stake in FTX crypto exchange ” Seven-time Super Bowl champion Tom Brady and Brazilian supermodel Gisele Bündchen are the latest celebrities to reaffirm the growing adoption of the cryptocurrency industry. West Realm Shires Services, FTX Trading Limited and Blockfolio, three companies behind major global cryptocurrency exchange business…
“# Blockchain.com introduces username-based crypto transactions ” Major crypto wallet provider Blockchain.com is integrating with Unstoppable Domains to simplify sending crypto funds for its customers. Unstoppable Domains announced Thursday that it had integrated native support for Blockchain.com, enabling that latter’s 32 million verified users to send funds with a username instead of a full-length crypto…