Credit Suisse and ING Group Complete $30 Million Securities Lending Transaction Using Blockchain Technology

Yesterday, Credit Suisse and ING Group completed a 25 million euro ($30.48 million) securities lending transaction using blockchain-based software. The transaction involved the banks swapping baskets of securities through an application from fintech company HQLAx, which was built with a blockchain created by bank consortium R3. The trade was one of the first examples of […]

Iceland: Authorities Hold Two Suspects Over Bitcoin Mining Theft

Eleven individuals have been arrested in Iceland over the theft of 600 Bitcoin mining rigs. The thefts occurred in December and January. Authorities are labelling the incident the largest organised robbery in the history of the small island nation. Mining Rigs Don’t Require Reselling for Criminals to Profit Despite the fact that three of the […]

Venezuela’s Petro “May Help the Global Currency System”: Chinese Credit Rating Giant

The post Venezuela’s Petro “May Help the Global Currency System”: Chinese Credit Rating Giant appeared first on CCN Dagong Global Credit Rating, one of China’s biggest credit rating agencies, recently published a report commenting on Venezuela’s oil-backed cryptocurrency, the Petro (PTR). Per the report, the cryptocurrency “may help the global currency system return to its […]

BitRewards, Bringing Blockchain to Customer Loyalty to Gain Top ICO Ratings, Announces Main ICO

BitRewards, the world’s first blockchain-based loyalty platform, has successfully been conducting its pre-ICO that started on January 12, 2018, and is close to reaching its soft CAP of $3 million. The company has also announced its main ICO starting from April 1, 2018. Getting excellent ratings from mainstream rating agencies like ICORating 9/10, ICOBench 4.7/5 […]