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South Korea’s Shinhan Bank has completed its second proof-of-concept using stablecoins for international remittances. Siam Commercial Bank’s SCB TechX unit and an unnamed Taiwanese financial institution also participated in the project.The project carried out real-time settlement and foreign exchange integration with the banks’ national currencies on the Hedera network. The
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Astar Foundation, a smart contract platform for multi-chain solutions, has partnered with NTT Digital, a subsidiary of NTT DoCoMo, one of Japan’s leading telecommunications companies, to advance the innovation and mass adoption of decentralized technologies. Astar Foundation
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On July 11, cross-chain protocol Axelar and tech giant Microsoft announced a partnership to bridge public and private blockchains. The collaboration will see Axelar joining Microsoft’s Azure marketplace, becoming the first cross-chain protocol listed on the developer’s online store.Galen Moore, Axelar’s spokesperson, told Cryptox that the initiative would enable Axelar
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto asset management firm Valkyrie has applied for a spot bitcoin ETF and has enlisted Coinbase as its Surveillance Sharing Agreement (SSA) partner. This move follows a trend of similar filings to the U.S. Securities and
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The news from IBM on its plans to acquire Apptio came at a time organizations are digitally transforming their business operations faster than before. Amid the increasing use of cloud architecture, technology corporation IBM (NYSE: IBM) said it would acquire software company Apptio from Vista Equity Partners. According to a press release,
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The NEAR Foundation, the non-profit behind the ecosystem development of the NEAR protocol, is joining with Alibaba Cloud, the Chinese tech giant’s arm for computing and storage to accelerate Web 3 growth in Asia and the Middle East, the organization said Monday. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied SAP, the German software company, has embarked on cross-border payment testing by utilizing Circle’s USDC stablecoin, aiming to address the complexities associated with international money transfers. The company’s experimentation with the widely recognized stablecoin was disclosed in
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Animoca Brands, a company responsible for advancing digital property rights for gaming and the metaverse, has announced its partnership with Celo, a carbon-negative blockchain ecosystem. By joining the Celo ecosystem, Animoca Brands aims to expand web3 gaming
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Despite regulatory hurdles from the SEC, Binance is forging ahead with a new initiative—a digital metaverse tied to The Weeknd’s “After Hours Til Dawn” tour. Binance, currently facing legal action from the SEC, has announced plans to
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While announcing Coinbase and Cash App as the new partners, Bitkey referred to some information it passed in March. Bitkey, a self-custody Bitcoin wallet app by Jack Dorsey’s Block, is partnering with Cash App and crypto exchange Coinbase (NASDAQ: COIN). The Bitcoin wallet application announced its first two global partners on June 15,
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