Technology News

Another Crypto Exchange Is Delisting Privacy-Focused Monero Over Compliance Risk

One of the top cryptocurrency exchanges in Eastern Europe is to delist the privacy-focused monero digital currency to keep up with worldwide anti-money-laundering standards.

Chinese Authorities Shut Down Crypto Exchange BISS, Arrest Staff Members

Chinese officials shut down local digital currency exchange BISS and captured ten individuals alleged of being engaged with its operations. 

EU Sets Up €400M Blockchain, AI Fund to Prevent Lagging US, China

A new fund has been established with the intention of avoiding the EU lagging behind countries like the U.S. and China on blockchain and artificial intelligence (AI) development. 

China Central Bank to Set Industry Standards for Financial Sector, Including Blockchain

The People's Bank of China (PBoC) has a plan to set industry standards for fintech categories, including blockchain.

Binance Refutes Media Reports that Police Raided Its Shanghai Offices

Recent reports that Chinese officials have raided the offices of major crypto exchange Binance are quite bogus. 

China Sets Up National Standards Committee for Blockchain to Boost ‘High-Tech’ Innovation

The Standardization Administration of China (SAC) has formed a national standards committee for blockchain tech to drive "high-tech innovation."

Monetary Authority of Singapore Allows Crypto-Based Derivatives on Approved Exchanges

The Monetary Authority of Singapore (MAS), the country's de-facto central bank, may soon permit crypto-based derivatives to be exchanged on regulated platforms.

Royal Bank of Canada Is Not Planning to Launch Crypto Exchange

The Royal Bank of Canada (RBC) isn't presently intending to develop or launch a digital currency exchange. 

Nestle, Carrefour Aim to Use Blockchain to Track Baby Milk Products

Nothing is more essential to new parents than the safety of their newborn children, and food tycoons Nestle and Carrefour plan to utilize blockchain to help pacify that instinct. 

Ukrainian Railways Branch Caught Diverting Company Electricity to Mine Bitcoin

In the most recent occasion of state employees mining cryptocurrencies at work, a unit of Ukrainian Railways (Ukrzaliznytsia) has been caught using company electricity to mine bitcoin. 

Samsung SDS Adds Privacy-Enhancing Technology to Nexledger

Samsung SDS has added privacy-enhancing technology to its enterprise blockchain solution Nexledger.

Bitcoin Miner Manufacturer Canaan Intends to Raise $100 Million in US IPO

Canaan, the world's second-biggest bitcoin miner manufacturer, expects to raise around $100 million in its initial public offering (IPO) in the U.S.

Custody Bank Northern Trust Tests Trading of Fractionalized Bonds on Blockchain

Custody bank Northern Trust is trying the trading of fractionalized bonds on a blockchain. 

Crypto Exchange eToroX Launches Five More Native Stablecoins

eToroX, the crypto exchange of social investing platform eToro, has released five more local stablecoins. 

JPMorgan, MAS Develop Blockchain Prototype for Cross-Border Payments

The Monetary Authority of Singapore (MAS) and investment banking tycoon JPMorgan have created blockchain prototype for cross-border payments.