Tag: bitcoin

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Santander Redeems $20M Bond Using Ethereum Blockchain

Banco Santander has just performed an early redemption of the blockchain-based bond that was issued on Sept.10, 2019. Spain’s multinational banking giant Banco Santander has just redeemed a $20 million bond using the Ethereum blockchain. The firm has performed an early repayment of the blockchain-based bond that was issued on Sept.10, 2019, which purportedly shows…
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Nike Patents a System for Tokenizing Shoes on Ethereum’s Blockchain

Footwear giant Nike patented shoes that are tokenized as a non-fungible token on the Ethereum blockchain, dubbed CryptoKicks. Footwear giant Nike patented shoes that are tokenized as a non-fungible token (NFT) on the Ethereum blockchain, dubbed CryptoKicks. The patent — dated Dec. 10 — describes a digital asset for footwear and ways to use it.…
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Bitcoin and Altcoins Struggle To Surpass Key Hurdles

After a successful break above the USD 7,550 resistance, bitcoin price struggled to surpass the USD 7,650 resistance area. As a result, BTC/USD failed to stay above USD 7,550 and even declined below USD 7,400. The price is now (09:00 UTC) consolidating below USD 7,400 and it could retest the USD 7,250 support. Similarly, there…
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Market Shrugs Off Maker’s Problems

Maker (MKR), the native token of MakerDAO, remains largely unmoved by the market, despite a potential major loophole in MakerDAO, the Ethereum-based decentralized finance platform, was exposed, prompting a swift reaction from the foundation. In the face of yesterday’s potentially bad news, followed by a quick response from the Maker Foundation, MKR, ranked 21st by…
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IDEG, Coinbase Custody Launch Bitcoin Trusts in Apparent First for Asia

Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin trusts, with one actively-managed fund and another that gives exposure to mining revenues. Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin (BTC) trusts. The two new funds — Asia Bitcoin Trust I and Atlas Mining Trust I…
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Global Citizens Call For ‘a Global Unit of Account,’ Says Central Bank

Central banks in the Eurozone are increasingly turning their attention to the matter of digital fiats as they hurry to meet the needs of citizens who are more and more reluctant to use conventional cross-border payment solutions. But could their Central Bank-issued Digital Currency (CBDC) drives open an unexpected gateway for mainstream Bitcoin (BTC) and…
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Accounting Advisor and Crypto Startup to Jointly Launch Crypto Tax Tool

Accounting advisor CPA.com and cryptocurrency accounting automation startup Lukka partnered to jointly launch a crypto asset tax preparation solution. Accounting advisor CPA.com and cryptocurrency accounting automation startup Lukka partnered to jointly launch a crypto asset tax preparation tool. CPA.com announced the partnership with Lukka in a press release published on Dec. 9. Per the release,…
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Amun AG Allowed to Expand its Crypto ETP Offering in the EU

Swiss fintech firm Amun AG has received a regulatory green light to go ahead with its plans to expand the offering of crypto-based financial products within the European Union. The firm announced today that the Swedish Financial Supervisory Authority (SFSA) has approved the Base Prospectus which the company previously filed, thus allowing them to proceed…
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Bitmain Promises Big Discounts as Founder Wu Returns to Action

Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com – Official Channel Bitmain’s Wu Jihan has made his first address to clients following the conclusion of a bitter power struggle with the company’s former head – and has announced a series of measures aimed at boosting the Bitcoin (BTC) mining industry. Per Bloomberg, Bitmain, the world’s…
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JPMorgan’s Blockchain Network to Launch in Japan in Early 2020: Report

JPMorgan’s blockchain payments network will reportedly launch in Japan in 2020, with Japanese banks making up the majority of participating financial institutions. JPMorgan’s blockchain-based payment network will launch in Japan in early 2020, Cointelegraph Japan reports on Dec. 10. Based on JPMorgan’s in-house blockchain platform Quorum, the Interbank Information Network (IIN) intends to accelerate payment…
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