Blockchain

Goldman Sachs files to offer a crypto-related ETF.

The banking giant Goldman Sachs filed an application with the U.S. Securities and Exchange Commission (SEC) on July 26 for a DeFi ETF that would offer exposure to public companies. According to the filing, the proposed fund called the “Goldman...

Block.one settles the EOS ICO class-action lawsuit by paying off $27.5 million.

The issuer of the EOS token Block announced last week that the company has agreed to settle a class-action lawsuit brought against its initial coin offering (ICO) by paying $27.5 million. The lawsuit was brought against the blockchain company...

Chinese government agency unveils roadmap for blockchain adoption.

The Office of the Central Cyberspace Affairs Commission and the Ministry of Industry and Information Technology have unveiled guidelines designed to accelerate the country's adoption and use of blockchain technologies. The ministry set out plans encompassing four separate areas for adoption....

People in Hong Kong are using blockchain to fight media censorship.

Blockchain technologies are revolutionizing the world in many ways, including politically, and now, people in Hong Kong are using it to fight against the centralized power of the Chinese government. Hong Kong citizens are fighting for a series of...

Low Orbit Crypto Cannon conducts a successful ILO

There is no denying that the year 2021 has been the year of cryptocurrencies as we saw bitcoin reach an all-time high. Cryptocurrencies like Ethereum also reached new milestones. And recently, meme-based cryptocurrency Dogecoin also reported impressive gains. Now,...

JPMorgan teams up with Temasek and DBS to create a new blockchain-based platform for payments.

According to the Bloomberg report, JPMorgan Chase & Co. is partnering with Singapore's Temasek Holdings Pte. and DBS Group Holdings Ltd. to create a new blockchain-based platform for payments, trade, and foreign exchange settlement. The company will leverage blockchain...

TON Labs raises $6 million in an investment round led by Runa Capital.

TON Labs, the development arm behind the Free TON blockchain, raised $6 million in recent funding through an investment round led by venture capital firm Runa Capital. The funding will go toward building out a new product environment for...

Crypto and blockchain firms received $2.6 billion in investments in Q1 of 2021.

According to data from tech market intelligence platform CB Insights, over 129 blockchain and crypto companies received $2.6 billion of investments in Q1 2021. The figure is already greater than that in the previous full year, wherein blockchain firms...

The Deutsche Bundesbank tests blockchain payment system sans CBDC.

Germany's federal bank Deutsche Bundesbank has successfully tested a blockchain-based settlement interface for electronic securities. The test bridges the gap between mainstream finance and blockchain technology without relying on a central bank digital currency (CBDC). Developed in partnership with...

South Korea to issue blockchain-based digital COVID-19 vaccine passports.

According to the Reuters report, South Korea has announced to issue so-called COVID-19 vaccine passports to immunized citizens, joining other nations introducing such certificates to revive cross-border travel while keeping infection risks under control. South Korean Prime Minister Chung...

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Bitcoin soars above $40,000 as the crypto market cap is back above $1.6 trillion.

The price of the leading cryptocurrency bitcoin has initiated another leg up, resulting in charting a new two-month high...