Archive for the ‘Blockchain’ Category

Canaan Mining Company Is Planning the Biggest Ever Blockchain IPO

Canaan Creative, China’s second-largest bitcoin miner, submitted its IPO application to the Stock Exchange of Hong Kong (HKEX). The Beijing-based miner has yet to comment on its plans, but sources say it seeks to raise between $1 billion and $2 billion. The company aims to start trading shares in Hong Kong by July. Its application is […]

Thai Fintech Association, ICORA offer crypto-assets training course

The Thai Fintech Association, together with ICORA Co Ltd, is offering a Crypto Asset Revolution (CAR) course, which will provide participants with a complete understanding and knowledge about investing in crypto assets and ICOs. Thai investors, business owners and professionals from financial institutions have a chance via the new course to learn important and useful […]

With at least $1.3 billion invested globally in 2018, VC funding for blockchain blows past 2017 totals

Although bitcoin and blockchain technology may not take up quite as much mental bandwidth for the general public as it did just a few months ago, companies in the space continue to rake in capital from investors. Investor interest in the blockchain space shows no immediate signs of slowing down, even as the price of […]

Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US

In an environment of regulatory uncertainty, where the SEC has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to make a formal decision of how it will regulate crypto tokens, issuers and other stakeholders are finding other jurisdictions a better bet for launching their projects. Both on stage and off during Blockchain […]

E-Commerce Giant Alibaba’s Jack Ma Says Blockchain Is Not a Bubble, Bitcoin Is

Jack Ma, the founder of Chinese e-commerce giant Alibaba, spoke out at the 2nd World Intelligence Conference in Tianjin, saying that blockchain technology is not a bubble, but Bitcoin is. Ma said he has been researching blockchain for years, and believes strongly in its potential to address issues of data privacy and security for society […]

There’s a Fundamental Divide in the World of Blockchain

The Consensus conference in New York City was a collision of worlds. Crypto entrepreneurs are more confident than ever that the token economy is the decentralized future of blockchain. The enterprise blockchain market, meanwhile, is looking beyond coins to deploy private, permissioned blockchains across different facets of their businesses. Cryptocurrency panels delved into complex issues like […]

Investors are going to buy bitcoin whether advisors like it or not, says financial pundit

Many investors wonder when the right time will be to put some money in bitcoin. It’s a question that financial advisors increasingly hear these days. Yet advisors, for the most part, don’t recommend investing in digital currency, or in the investment vehicles that have cropped up around it, at all. Lex Sokolin, global director of fintech […]

Goldman Sachs-backed start-up Circle introducing a crypto version of the US dollar

Fintech company Circle announced a new cryptocurrency pegged to the dollar and a $110 million investment round led by profitable crypto-mining company Bitmain, which brings Circle’s value near $3 billion. Circle is one of the most well-funded blockchain start-ups, with investors including Goldman Sachs Group and Baidu. The fintech company operates its peer-to-peer payment network […]

Researchers to Create ‘Moody’s for Blockchain’ Global Rankings

A state-owned scientific institution overseen by China‘s Ministry of Industry and Information Technology (MIIT) has announced that it will produce monthly assessments of blockchain projects. The initiative will see the development of an independent rating system — much like a Moody’s or Standard & Poor — for the blockchain space. Dubbed the Global Public Chain Assessment […]

HSBC says it’s made the world’s first trade finance transaction using blockchain

HSBC claimed on Monday it had performed the world’s first commercially viable trade finance transaction using blockchain technology. The bank issued a letter of credit for U.S. food and agriculture firm Cargill. The trade finance transaction involved a bulk shipment of soybeans from Argentina to Malaysia. The letter of credit was issued from HSBC to […]