Japanese internet giant Recruit Holdings launched a $25 million blockchain fund, which closed in November and only became public after the company revealed an investment in Beam. Recruit has made prior investments in blockchain companies through its central corporate fund, Recruit Strategic Partners (RSP). With the...
Most of the wallet contents from digital currency exchange QuadrigaCX have reportedly been sent to Ernst & Young (EY), a monitor appointed by the court for the company, CoinDesk reported. Through the crypto transfer, 51 bitcoins, 33 Bitcoin Cash tokens, 822 Litecoin tokens, 2,000 Bitcoin Gold...
Digital currency exchange Binance, which has approximately $1 billion in trading volumes each day, rolled out a decentralized trading service (dex), according to reports. With the concept of a dex, users can trade using their wallets instead of transferring their digital currency into a crypto...
Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. To that end, reports came this week that Germany has put a consultation and commentary period in place that will focus on blockchain, with a goal...
Coinbase announced that it has acquired Neutrino, a blockchain intelligence platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Bitcoin jumped to a one-month high as it hit $3,727 this weekend — it’s highest level since Jan. 19. Its 24-hour trading volume also rose to above $8 billion for the first time since Dec. 20. Get the Full Story Complete the form to unlock this...
Overstock’s tZERO isn’t performing as well as expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...
HSBC‘s blockchain-based system has helped the bank save 25 percent on foreign exchange (FX) trades. The bank facilitates payments across its American, European and Asia-Pacific trading hubs via its HSBC FX Everywhere platform, which launched last year and uses a shared permissioned ledger that allows...
Mitsubishi UFJ Financial Group (MUFG) is teaming up with Akamai Technologies to create a payments network based on blockchain, CoinDesk reported. MUFG said the platform, dubbed the Global Open Network, will handle more than 1 million transactions per second. The system is said to be created...
