Blockchain

Blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.

By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way".

Source: en.wikipedia.org

Wells Fargo and HSBC Add Offshore Yuan to FX System
Wells Fargo and HSBC Add Offshore Yuan to FX System
November 17, 2022  |  Blockchain

Wells Fargo and HSBC, two of the world’s largest banks, have added the offshore version of China’s yuan (CNH) to their blockchain-based foreign exchange (FX)...

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SBF Spin Machine Sets Cycle to Reputation Wash
SBF Spin Machine Sets Cycle to Reputation Wash
November 16, 2022  |  Cryptocurrency

While FTX’s bankruptcy continues to reverberate across the entire cryptocurrency ecosystem, negatively impacting perception of the entire space, the exchange’s former CEO, Sam Bankman-Fried (SBF),...

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Potential Buyout Deal of Crypto Lender Salt Falls Through After FTX Collapse
Potential Buyout Deal of Crypto Lender Salt Falls Through After FTX Collapse
November 15, 2022  |  Acquisitions

Bitcoin and crypto securities firm Bnk To The Future has terminated its previously announced effort to acquire crypto-backed lending platform Salt Lending, citing fallout from...

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10 US Banks Participating in Test of Interoperable Digital Money Platform 
10 US Banks Participating in Test of Interoperable Digital Money Platform 
November 15, 2022  |  Cryptocurrency

Ten members of the banking community are working with the New York Innovation Center (NYIC), which is part of the Federal Reserve Bank of New...

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Berkshire Hathaway’s Munger: Crypto is a ‘Delusion’
Berkshire Hathaway’s Munger: Crypto is a ‘Delusion’
November 15, 2022  |  Cryptocurrency

Berkshire Hathaway Vice Chairman Charlie Munger has restated his contempt for the cryptocurrency industry in the wake of FTX’s collapse. “It’s partly fraud and partly delusion,” the 98-year-old billionaire...

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Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
Report: FTX Founder Tries to Raise Cash Amid Bankruptcy
November 15, 2022  |  Cryptocurrency

The cryptocurrency exchange he launched may be broke and under investigation, but FTX founder Sam Bankman-Fried is still hoping to raise enough cash to cover...

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Just Eat Takeaway: Digital Natives Use Bitcoin to Pay for Food Delivery
Just Eat Takeaway: Digital Natives Use Bitcoin to Pay for Food Delivery
November 15, 2022  |  Bitcoin

To say bitcoin has been volatile would be an understatement. After slumping more than 70% from its peak a year ago, it has most recently...

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Nike Dives Deeper Into Metaverse With ‘.Swoosh’
Nike Dives Deeper Into Metaverse With ‘.Swoosh’
November 14, 2022  |  Metaverse

Nike is continuing its investment in the metaverse with “.Swoosh,” a digital, blockchain-powered meeting place for athletes, collectors, creators and consumers. According to a Monday...

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FTX’s Enron Parallels Have Implications for Crypto’s Great Regulatory Revamp
FTX’s Enron Parallels Have Implications for Crypto’s Great Regulatory Revamp
November 12, 2022  |  Cryptocurrency

FTX’s former CEO is being replaced by one of the men who oversaw Enron’s bankruptcy proceedings. There’s irony in that news. John J. Ray III,...

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