CLS is a financial institution with the aim to provide a variety of settlement services to its clients in the foreign exchange sector. They had been working with IBM to develop a netting solution, based on the Hyperledger Fabric blockchain. Towards the end of last month, this solution went live. Fortunately, the product was welcomed by the industry giants, Morgan […]

Facebook decided to rebrand and rename the initial Calibra cryptocurrency wallet as the now new Novi cryptocurrency wallet. According to Facebook, the name Novi was inspired by the Latin words “novus” for “new” and “via” for “way.” according to the press release issued by the company on May 26th, 2020. Libra, as of the date of publishing is not yet […]

The Sacramento Kings, a Californian NBA team announced their second blockchain platform “Kings Live Auctions” on January 15th through Twitter. In the past, the team has also created a blockchain-based rewards program for their fans. The platform is a live auction bidding marketplace built on Ethereum, where the team will offer official game-worn merchandise to their fans. The project is […]

Some of you might be hearing about Kaleido for the first time. But those who have been following enterprise-level blockchain implementations must already be aware that it aids businesses in implementing decentralized use cases in pretty much all niches. Since Amazon is also taking a keen interest in blockchain technology and is quite rapidly expanding its outreach, Kaleido has partnered […]

Liquidity provisioning is arguably one of the most important developments in DeFi to date allowing innovators and end-users to explore new boundaries per financial instruments without the usual go-betweens. The concept of liquidity provisioning, whether inbound or outbound, has quickly established itself as the essence for the burgeoning DeFi industry’s continued growth, growing more than 1,000% since the March Covid […]

Second anniversaries can be challenging for any business. For some, it’s a day of accomplishment — a celebration after growing further than the year before. Growth is always hard to come by, and continuing to grow in a company’s second year after a stellar first year is no mean feat. This November, Phemex is celebrating its 2nd anniversary with pride […]

The chief executive officer (CEO) of one of Australia’s largest banks says that the risks of not participating in cryptocurrency are “bigger” than the inherent market risk.  According to a report by Bitcoin.com, Matt Comyn, CEO of Commonwealth Bank of Australia (aka “CommBank”) explained his opinion towards cryptoassets. During an interview with Bloomberg Television in Sydney, the banking chief called […]

Investment firm Hivemind Capital Partners has announced the launch of its inaugural $1.5 billion venture fund focused on blockchain and digital asset ecosystem investment.  $1.5 billion digital asset fund Hivemind made this development known on November 29, 2021, and revealed key details on the venture fund. According to the announcement, the $1.5 billion fund will be used to make venture […]

Coinmint has reached an agreement with the local authorities of Upstate New York’s Massena country. The New York Power Authority (NYPA) decided to support an initiative by NCDC, the Coinmint subsidiary North County Data Center, to open a bitcoin mining facility in the premises of the old aluminum smelting plant known as the Alcoa East Facility. This is a 1300-acre estate that […]