Market News

Japan’s SBI Holdings yesterday announced that the firm will payout Interim Shareholder Benefits to shareholders in XRP cryptocurrency. The company will give 30 XRP cryptocurrency to each of the shareholders who hold 100 shares or more of SBI Holdings as of September 30, 2019. Eligible Shareholders will be notified by...

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  • August 29, 2019

China’s central bank becomes the first central bank to issue the state-backed digital currency. According to the former employee of one of the selected institutions, the following seven institutions will receive the digital currency- Industrial and Commercial Bank of China China Construction Bank Corporation Bank of China, Agricultural Bank of...

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  • August 28, 2019

Brave today mentioned in the blog post addition of crypto wallet feature in its ‘Brave’ browser. The wallet will initially support ETH and most of the ERC-20 standard tokens including its own native cryptocurrency ‘BAT’ and collectibles. Much like Metamask but build into Brave browser, users will have control over...

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  • August 27, 2019

The U.S. Financial Services Committee after meeting with Swiss regulators remain concerned about Facebook’s plan to create a global cryptocurrency. Swiss officals who were represented in the discussion with U.S. Financial Services Committee are – – State Secretariat for International Financial Matters (SIF), – Federal Data Protection and Information Commissioner...

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  • August 26, 2019

Rakuten, Japan’s largest e-commerce and among the world’s largest by sales, often referred to as ‘the Amazon of Japan’ announced today launch of its cryptocurrency wallet. Source: Rakuten’s press release report. The wallet is currently available for Android smartphones and can be used to conduct spot trading of crypto assets....

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  • August 19, 2019

Coinbase Custody announced on Thursday, successful acquisition of Xapo’s institutional businesses. Xapo has long been a pioneer in the storage of crypto assets. Best known to house the vault in a decommissioned Swiss military bunker that offers uniquely robust protection against physical theft. With this acquisition, Coinbase Custody has grown...

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  • August 16, 2019

KakaoTalk which has global monthly active users of 50.9 million recently released a teaser of its cryptocurrency wallet ‘Klip’. The wallet is been developed by Kakao’s blockchain subsidiary Ground X. The blockchain platform is expected to be launched later this year. Since the teaser, a number of dApp partners and...

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  • August 14, 2019

Leading Indian company Reliance announced their plans to expand their footprint in digital space. The company plans to do so by investing in 3 next-generation technologies which include Blockchain technology. The other two areas are – Edge computing and cloud infrastructure. Reliance is one of the largest publicly-traded company in...

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  • August 12, 2019

South Korean messaging app ‘KakaoTalk’ preparing to launch its own cryptocurrency wallet “Klip” developed by Kakao’s blockchain subsidiary, GroundX. The wallet will support the company’s native token “Klay” and support cryptocurrencies issued on its native blockchain “Klaytn”. Kakao’s blockchain partners include Airbloc, Pebble, and Spin Protocol. Source:[inlinetweet]KakaoTalk released the crypto...

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  • August 12, 2019