Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities. Source
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Award-winning NFT artwork exhibited on giant billboard at LA intersection
A piece of interactive art by Micah Johnson, former Major League Baseball player turned NFT artist, will spend the next month exhibited on a giant electronic billboard in Los Angeles.Micah Johnson’s “ˈsä-v(ə-)rən-tē” (pronounced “sovereignty”) was inspired by the Black Lives Matter movement and features two African-American boys hoping to fulfill
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Publishing Giant Bertelsmann Invests in Berlin-Based Crypto Fund
Greenfield One, an early stage crypto venture firm based in Berlin, has secured its first major backers for a second fund, including an investment from Bertelsmann, a private German multinational.Bertelsmann is a media company with a vast portfolio, including the largest publisher of books in the English-speaking world, Penguin Random
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Ridesharing Giant Cabify to Track and Offset Carbon Emissions Using Blockchain Platform
One of the world’s largest ridesharing companies, Cabify, is moving to offset its carbon emissions with the help of blockchain technology.Announced last week, the Latin American ridesharing business has tapped Valencia, Spain-based blockchain fintech firm ClimateTrade to digitize and track its carbon emissions.ClimateTrade’s chief marketing officer, Ana Karen, told CryptoX
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Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios
The research arm of New York-based AllianceBernstein, a global investment manager with $631 billion in assets under management, has had a change of heart when it comes to bitcoin as an investment asset.In a research note produced for clients, seen by CryptoX, Inigo Fraser Jenkins, co-head of the portfolio strategy
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COTI Network Strikes Deal with Gaming Giant Dafabet
One of the world’s largest gaming groups, Dafabet, has revealed that it is working with COTI to facilitate
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Ripple to Cash Out 33% of Its Stake from Payments Giant MoneyGram
It comes only a year after Ripple announced its partnership with MoneyGram getting a 17% stake in the company’s outstanding shares. Over the last year, Ripple has reportedly paid around $52 million to MoneyGram.In one of the major developments, San Francisco-based blockchain startup Ripple shall be cashing out 33% of
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Chinese banking giant withdraws $3B blockchain bond from listing
China Construction Bank’s $3 billion blockchain bond has been reportedly withdrawn following an initial delay.Fusang Exchange, a Malaysian cryptocurrency exchange that was to be responsible for listing the bond, said that it has been withdrawn at the issuer’s request.According to Reuters on Nov. 23, CCB’s branch in Labuan informed Fusang Exchange
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Players Prefer Cashing Out in Bitcoin Amid Rally, Says Online Poker Giant
One of the world’s largest poker networks has said its players currently prefer bitcoin to fiat money for payouts.Winning Poker Network, which operates a number of online poker sites, said has been forced to buy millions in bitcoin a day to meet the demands of exiting players.As reported by Bloomberg
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Aerospace giant Thales uses blockchain to comply with NATO standards
Thales, a French multinational company specializing in products and services for aerospace and defense industries, is using blockchain technology for a new management system at its production hub in Spain.According to an official announcement on Nov. 5, Thales is seeking to deploy technologies like blockchain and big data to enable
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