Thursday, November 21, 2024
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Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions Like BNY Mellon to Blockchain Networks

In a new set of experiments, Swift will partner with major TradFi institutions like Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group. The goal is to test how these institutions can use the Swift's infrastructure to instruct the transfer

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Asia Broadband’s Holdings Explode by 500% as the Company Continues Connecting the Dots Between Gold and Digital Assets

Asia Broadband, Inc. (OTC:AABB) is a resource company centered around the production, supply, and sale of metals, focusing primarily on Asian markets. They acquire highly prospective gold projects in Latin America and then distribute production throughout their extensive global sales network. Asia Broadband currently holds over $100 million in assets, a

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Consortium Blockchains: Connecting Cryptocurrencies with Financial Institutions

Though the world had seen advancements in the field of blockchain-based networks, Bitcoin was the first practical application of the technology that worked as intended. The first cryptocurrency introduced a decentralized, peer-to-peer, and trustless digital payment system that promised privacy, security, and transparency. However, as the industry matured, it was

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Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks

Banking giant Wells Fargo is backing blockchain forensics firm Elliptic.Announced Thursday, the fresh $5 million from Wells Fargo Strategic Capital (WFSC) brings Elliptic’s Series B up to a total of $28 million. The investment is partly geared toward a recently launched product that helps crypto exchanges win banking relationships, Elliptic

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Bitmain to Launch Platform for Connecting Miners and Farms in October

Chinese crypto mining hardware giant Bitmain will launch a platform connecting global crypto miners with farm owners in October.World’s first resource to connect farms and minersThe platform, dubbed World Digital Mining Map (WDMM), will be officially launched during the World Digital Mining Summit (WDMS) taking place in Frankfurt between

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