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"The Blockchain Group" launches tokenization platform on Tezos, partner BNP Paribas facilitates the onboarding process of investors

10 Dec 2020 1 minute read 0 comments Allen Walters

Last week, The Blockchain Group announced their first STO: a $100 million investment fund for Logical Pictures. The partnership with BNP Paribas (The 8th largest bank in the world), was also announced last week. Today, The Blockchain Group announced...

Circle CEO Says Hundreds of Millions Will Use Crypto

9 Dec 2020 1 minute read 4 comments Abhimanyu Krishnan

Circle CEO Jeremy Allaire, speaking at the Singapore Fintech Festival, said that he expects third generation blockchains to encompass “hundreds of millions, if not billions of users.” Allaire made the remarks in a panel discussion on the topic of wh...

Standard Chartered to Launch a Crypto Custody Service for Institutional Investors

9 Dec 2020 1 minute read 2 comments Abhimanyu Krishnan

Standard Chartered has partnered with asset servicing firm Northern Lights to launch an institutional crypto custody service called Zodia Custody, according to a press release published on Dec. 9. The bank’s innovation and ventures arm, SC Ventures,...

Microstrategy Looking to Invest Another $400 Million in Bitcoin

8 Dec 2020 1 minute read 0 comments Abhimanyu Krishnan

On Dec. 7, Microstrategy announced that it was planning to invest more into Bitcoin, this time up to $400 million in convertible bonds. The $400 million from the bonds will be used to buy Bitcoin “pending the identification of working capital needs”...

Spain’s Second Largest Bank to Offer Crypto Services in 2021

8 Dec 2020 1 minute read 3 comments Abhimanyu Krishnan

BBVA, Spain’s second largest bank, will begin offering cryptocurrency trading and custody services, according to a report from CoinDesk on Dec. 8. Sources told CoinDesk that the bank would offer crypto services out of Switzerland, where regulation f...

Tezos App wins 3 awards in the "Best of Swiss Apps Awards"

7 Dec 2020 2 minute read 2 comments Allen Walters

Ecoo, an application built on Tezos, has received three awards in the "Best of Swiss Apps Awards". The Best of Swiss Apps Awards is a yearly award show which was first held in 2013. This year there were 229 submissions, which have been judged by a 56...

Groceries Are The Next Big Step For Cryptocurrency Retail Market

5 Dec 2020 1 minute read 2 comments XTRM™

Whooooosh... and like that we nearly missed 2020 - a year that has seen some huge changes to the world of cryptocurrency, from the surge in Bitcoin price, record trades, the emergence of DeFi and DAPPS, and the now heating up of Stablecoins to be uti...

Visa Working with Circle to Integrate USDC into Payments Network

3 Dec 2020 1 minute read 1 comment Abhimanyu Krishnan

Visa has partnered with Circle to integrate USDC into its payments network, according to a Forbes report on Dec. 3. Visa announced that it will bring the USDC stablecoin to the 60 million merchants on its payments network The payments firm will not...

Why is South Africa a perfect destination for crypto?

27 Nov 2020 2 minute read 0 comments Giorgi Mikhelidze

Cryptocurrencies such as Bitcoin are becoming increasingly popular in Africa, in part because mobile payments have long been a part of everyday life on the continent. Virtual money has many benefits for a young, tech-savvy population. Africa is at th...

Bitcoin is Now Bigger Than JPMorgan

25 Nov 2020 1 minute read 1 comment Abhimanyu Krishnan

Bitcoin’s market cap has reached a new “milestone” -- surpassing investment bank JPMorgan Chase’s market cap on Nov. 23 with a market cap of $356.6 billion.  Bitcoin’s recent rally, which has put it tantalizingly close to its all-time high, has the...