Auditing giant EY launched OpsChain Public Finance Manager, a blockchain platform for tracking public funds aiming to enhance transparency. Big Four auditing firm Ernst & Young (EY) has launched a blockchain platform for public funds meant to enhance transparency. Technology news outlet Verdict reported on the launch on Oct. 16. The OpsChain Public Finance Manager…
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Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg This October alone, Ripple, a California-based crypto startup focusing on payment technologies, made three crypto wallet related steps that might help its native token, XRP to reach a wider audience. The most recent announcement, revealed today, says that Ripple’s developer initiative, Xpring, made a strategic investment into…
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After a close below the USD 8,400 support level, bitcoin price extended its decline. BTC/USD broke the key USD 8,250 support to move into a negative zone. The price even traded below the USD 8,100 level and it is currently (08:00 UTC) consolidating losses. Also, there was a fresh decrease in many major altcoins, including…
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United States merchant services provider Aliant Payments will be paying each of its employees part of their compensation package in cryptocurrency. United States merchant services provider and payment processing firm Aliant Payments will be paying each of its employees part of their compensation package in cryptocurrency. In a press release on Oct. 16, Aliant said…
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The share of investments in IEO is becoming much larger and catching up with the IPO market indicators with the mass adoption of “multiple IEO” and STEO trends. The second quarter of 2019 demonstrated a growing popularity of the initial exchange offering (IEO), which has replaced the outdated initial coin offering (ICO) model. The new…
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The U.S. Securities and Exchange Commission once again begins accepting comments regarding the updated Bitcoin exchange-traded fund proposal by Wilshire Phoenix. The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published…
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Firms like Facebook should be involved in projects like stablecoin Libra, according to Bank of England governor Mark Carney. Bank of England Governor Mark Carney has defended Facebook’s choice to create a new currency. Canadian news outlet TheStar reported Carney’s remarks on Oct. 15, noting that he highlighted the shortcomings of the current traditional financial…
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RBC analysts believe that China’s digital currency might become the dominant digital currency if U.S. regulators dismiss Facebook’s Libra coin. Analysts at RBC Capital Markets have suggested that stifling Facebook’s Libra may leave the field open to China’s central bank digital currency (CBDC) to dominate in emerging economies. China shifts development of digital currency in…
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Telegram’s much-anticipated TON network launch and the release of its Gram token could be delayed for “six months to a year,” investors in the project have been told. Per Forbes Russia, two unnamed investors in the USD 1.7 billion project have told the media outlet that Telegram has already admitted it will push back the…
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Major bank HSBC carries out what it claims to be the first blockchain letter of credit to be enacted in Malaysia. Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia. The transaction English language local fintech news outlet Fintech News Malaysia reported the development on…
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