Bank Archives - Bitcoins Vision

IBM Research Teams up With Agritech Firm to Boost African Agribusiness with Blockchain

IBM Research has teamed up with United States-based agriculture tech firm Hello Tractor to boost the African agriculture industry with blockchain. The partnership was described in a Dec. 11 blog post on IBM’s official website. According to the post, the IBM Research division in Kenya is working with Hello Tractor’s developers…

Report: Stablecoins See Significant Growth in Adoption Over Recent Months

December 11, 2018
Mark Vision
Bank
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According to analysis by research firm Diar published Dec. 10, the adoption of stablecoins is growing based on the increasing number of on-chain transactions. Per Diar, four major stablecoins to date — USDC, True USD (TUSD), Paxos (PAX) and the Geminidollar (GUSD) — have broken…

Top Exchange Binance Announces ‘SAFU’ Hackathon, Conference in Singapore

December 7, 2018
Mark Vision
Bank
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The world’s largest cryptocurrency exchange, Binance, has announced that it will host the company’s first conference, according to a press release shared with Cointelegraph Dec. 6. Binance Blockchain Week is scheduled to be held in Singapore this January and is to include two major events –– the…

‘Hope Coin’: The Story of Malaysia’s Crypto Political Fundraising Platform

December 6, 2018
Mark Vision
Bank
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The ongoing controversy surrounding Malaysia’s proposed political cryptocurrency, Harapan Coin, is far from letting up. On Nov. 26, the country’s finance minister, Lim Guan Eng, weighed in on the issue by reiterating that any entity looking to issue a cryptocurrency should first refer to…

New York Financial Regulators Approve Blockchain Payments System

December 4, 2018
Mark Vision
Bank
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The Department of Financial Services of New York (NYDFS) has authorized a blockchain-based digital platform offered by a local bank, an official NYDFS press release states Dec. 4. NYDFS superintendent Maria T. Vullo announced today that the department authorized New York-based Signature Bank to…

North Korean Hackers Move Onto Attacking Individuals After Exchanges Boost Security

December 2, 2018
Mark Vision
Bank
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The CEO of cybersecurity firm Cuvepia declared that his company detected over 30 attacks on crypto-bearing individuals probably carried out by North Korean hackers, English-language media site South China Morning Post reports Nov. 29. Kwon Seok-Chul, the CEO of the aforementioned South…

Russia: Sberbank and Interros Group Conclude Blockchain-Based Foreign Exchange Repo Deal

December 2, 2018
Mark Vision
Bank
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Sberbank and Interros Group have carried out an over-the-counter OTC foreign exchangerepurchase agreement (repo) transaction employing smart contracts on a blockchain, Reuters Russia reports Nov. 30. The Interros Group is a Moscow-based private equity firm founded by Russian oligarch Vladimir Potanin in 1990, with stakes in Norilsk Nickel, pharmaceutical company Petrovax Pharm, and ski…

Coinbase Pro Launches Support for Zcash

November 30, 2018
Mark Vision
Bank, Bitcoin
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Major U.S. cryptocurrency exchange Coinbase has launched support for Zcash (ZEC) on its Coinbase Pro platform, according to a company blog post published Nov. 29. Zcash is a cryptocurrency based on a decentralized blockchain, designed with the goal of making transactions more private than they are…

Nigeria’s Union Bank Reportedly Warns Against Crypto Transactions

November 28, 2018
Mark Vision
Bank
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The Union Bank of Nigeria has reportedly cautioned against transactions in cryptocurrencies, according to a letter allegedly sent to its users and published Nov. 26 by Nairaland, an online community targeted at Nigerians. Nairaland, the largest Nigerian online community with over 55 million…

Malaysia’s Finance Minister Says Crypto Issuance Must Defer to Central Bank

November 26, 2018
Mark Vision
Bank
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Malaysian Finance Minister Lim Guan Eng has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank, Bank Negara Malaysia (BNM). The minister’s comments were reported by local English-language daily broadsheet the New Straits Times (NST) Nov. 26.…