Hardware wallet manufacturer Ledger has hired in-house security officer as chief technology officer to oversee the company’s security operations. Hardware wallet manufacturer Ledger has hired Charles Guillemet as chief technology officer (CTO) where he will oversee the company’s security operations. In a press release shared with Cointelegraph on Dec. 5, Ledger said that Guillemet has…
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Yesterday, a record of $8.9 billion in Bitcoin were moved on the blockchain in a single hour. On Dec. 4, $8.9 billion in Bitcoin (BTC) were moved on the blockchain in a single hour, excluding change volume, which is Bitcoin that returns to the sender. Bitcoin’s high transaction volume was pointed out by Rafael Schultze-Kraft,…
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Microsoft’s cloud platform Microsoft Azure announced the “Azure Heroes” blockchain non-fungible tokens aimed at rewarding its developer community. Microsoft’s blockchain-enabled cloud platform Microsoft Azure announced the “Azure Heroes” blockchain non-fungible tokens (NFT) aimed at rewarding its developer community. The tokens represent cartoonish badgers (a play on the word “badge”) and aim to compensate positive behavior…
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California-based fintech company Figure Technologies has completed its $103 million funding round led by Morgan Creek Digital. California-based fintech company Figure Technologies has completed its $103 million funding round led by cryptocurrency asset manager Morgan Creek Digital. In conjunction with closing the Series C round, the blockchain-focused firm announced that Morgan Creek co-founder Anthony Pompliano…
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Texas-based data center CyrusOne has reportedly fallen victim to the REvil (Sodinokibi) ransomware. Texas-based data center provider CyrusOne has reportedly fallen victim to an attack from REvil (Sodinokibi) ransomware, business tech-focused publication ZDNet reported on Dec. 5. One of the largest data centers in the United States, CyrusOne has reportedly been exposed to an attack…
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Russian mining and smelting giant Nornickel has commenced testing its digital platform for metals trading. Russian mining and smelting giant Nornickel has commenced testing its digital platform for metals trading. As Bloomberg reported on Dec. 5, Nornickel began trialing its platform for digital metal tokens in collaboration with physical commodities trading group Trafigura Group Ltd.,…
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A further blockchain fund promises to develop the technology in Hainan’s dedicated free economic zone, which was established in 2018. Blockchain will continue to see major investment from China’s Hainan Free Trade Zone (FTZ) with new funds fostering local businesses. As local English-language news outlet Xinhua Net reported on Dec. 5, Hainan’s dedicated economic pilot…
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KT Corporation wants to use blockchain to streamline roaming processes with China Mobile, the Chinese operator with which it is also partnering on a 5G rollout. South Korea’s largest telecoms provider, KT Corporation, is boosting a partnership with China Mobile targeting blockchain technology and 5G roaming. As local English-language news outlet The Korea Herald reported…
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Gaming industry has seen incredible advancements with the implementation of VR, AR and AI, but blockchain promises to bring even more value. Blockchain is transforming the financial industry right before our eyes, with many market onlookers anticipating a complete replacement of existing payment, trading and banking infrastructures. Blockchain and finance seem like the perfect match,…
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OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, is seeking a $500 million IPO. OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). According to an F-1 filing dated Dec. 2,…
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