The U.S. Securities and Exchange Commission (SEC) revealed in its annual report that it brought enforcement actions upon more than a dozen digital assets and initial coin offerings (ICOs) in the fiscal year that ended September 30. “In just a few years, the prevalence of...
JPMorgan Chase CEO and Chairman Jamie Dimon is not a huge fan of bitcoin and offered a comment on the cryptocurrency’s 10th anniversary, Financial News reported. MarketWatch said “the gist of his response” was “I didn’t want to be the spokesman against bitcoin. I don’t...
JD.com is teaming up with two schools to study distributed ledger technology’s (DLT) implications on business, Cryptovest reported. The Chinese eCommerce retailer is working with both the Chinese Academy of Sciences (CAS) and the New Jersey Institute of Technology (NJIT) for the joint lab, which...
HSBC, Standard Chartered and 10 other banks launched a new blockchain-based trade finance program in Hong Kong on Wednesday (Oct. 31) aimed at increasing the efficiency of international trade. According to a report in Reuters citing HSBC, the platform, dubbed eTrade Connect, enables it to reduce...
BitInfoCharts data has found that almost one in 10 bitcoin wallets have sat dormant for a year, MarketWatch reported. As of August, the number of dormant wallets reached 15.8 million. At the same time, the site found 9.4 percent of bitcoins were held by the...
MediXserve is working with the Ateneo de Manila University in the Philippines in an effort to make the first blockchain research and education lab in the country, Cryptovest reported. The Ateneo-MedixServe Blockchain Education and Research Laboratory (AMBERLab) will be involved in training programs and prototype...
Ethereum is set to launch a new token at the beginning of 2019. According to CoinDesk, the companies behind the new token include decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. In addition, ethereum-based projects — including MakerDAO, Dharma,...
Might there be challenging times afoot for TradeLens, the distributed ledger technology platform effort geared toward supply chains and backed by IBM and Maersk? CoinDesk reports that the duo is “wrestling” with a problem that can bedevil competitors working together – a notion that the...
The Royal Mint in the U.K. has put plans for a digital gold token called Royal Mint Gold (RMG) on hold, Reuters reported. That news comes after a planned relationship with CME fell through and the U.K. government nixed the idea of having the coins...
