Author: Urban

Page: 24

Australian Stock Exchange to Roll out Blockchain Settlements in 2021

October 25, 2018 0 0

Australia’s leading market operator, ASX Limited disclosed plans being put in place to release blockchain technology for settlements in 2021. The company, however, does not feel overwhelmed by the deja-vu that has trailed the nascent technology, according to a Bloomberg report. ASX Limited has subscribed to the Clearing House Electronic Subregister System (CHESS) over the years but is now ready […]

Kenyans Pay Local Restaurant Bitcoin for Meals and Classes on Cryptocurrency

October 25, 2018 0 0

Mount Kenya provides visitors with a picturesque appeal reminiscent of the ambiance in a world of utopia. Beyond the charm and aura lies a tech-savvy Kenyan restaurant that has incorporatedcryptocurrencies for facilitating payment. Betty’s place puts its culinary skills into effective use in “nyama choma,” a tantalizing goat meat barbeque that many Kenyans savor. Situated in […]

Shark Tank’s Kevin O’Leary Invests $100,000 in Bitcoin Investing App

October 25, 2018 0 0

For several decades, banks and financial advisors have searched for ways to get those without vast resources to invest and save their money. An early example was Bank of America’s Keep the Changeprogram, which rounded up purchases and moved the change to savings accounts. The Need for Passive Investment A few years back, the Lawnmower app came to […]

Twitter Locked Elon Musk’s Account after ‘Buy Bitcoin’ Tweet

October 24, 2018 0 0

witter took the unusual step of locking Elon Musk’s account yesterday after the billionaire Space X and Tesla founder posted a lighthearted tweet asking a follower if they would like to buy bitcoin. Revealing this in  a tweet posted earlier today, Musk said: Elon Musk ✔@elonmusk Twitter thought I got hacked & locked my account […]

Taiwan is Preparing ICO Regulations, Securities Regulator Chairman Reveals

October 24, 2018 0 0

Investing in Initial Coin Offerings (ICOs) in Taiwan could soon be as easy as putting money in stocks. This is according to the chairman of Taiwan’s Financial Supervisory Commission (FSC), Wellington Koo, who has said that regulations for governing ICOs are currently being drafted with a view of simplifying the process for investors as well as making tokens just […]

China’s Largest Newspaper Group to Launch Blockchain Laboratory

October 24, 2018 0 0

People Capital, the venture capital arm of People’s Daily Online — the official newspaper of the Chinese Communist Party — has  signed an agreement with Xunlei Limited to use the blockchain technology for innovation and to empower the Chinese economy and the world at large. The alliance between the companies is part of a global partnership […]

Hong Kong Stock Exchange Proposes Framework for Regulating Cryptocurrency

October 23, 2018 0 0

The Hong Kong Stock Exchange (HKEX) believes that legal frameworks around finance and cryptos should be the same. The world’s sixth largest stock exchange in its research paper looks at the need for regulators to keep up with the pace of financial technologies. And if they lag behind, the existing laws of finance should be applicable to […]

Singapore Govt-Owned Venture Firm Invests in Crypto Giant Binance

October 23, 2018 0 0

The investment fund owned by the Government of Singapore is funding Binance, the world’s largest cryptocurrency exchange, toward its expansion in the city-state. Vertex Ventures, a subsidiary of Singapore’s sovereign wealth fund Temasek Holdings, has announced ‘a strategic investment in Binance’ that will see the two entities jointly establish Binance Singapore in the country. The […]

DJ Khaled and Floyd Mayweather Sued Over Involvement in Centra Tech ICO

October 23, 2018 0 0

As warned earlier in the year by legal experts that celebrity ICO endorsers could face court action in future, it has now come to pass as a lawsuit has been filed against two of the more prominent ICO social media influencers of last year. According to celebrity news publication TMZ, a class action lawsuit has been […]

Bitcoin Price Drops to $6,400: Further Decline to Low $6,000 Region in Play?

October 22, 2018 0 0

In the last 24 hours, the Bitcoin price has experienced a gradual decline from $6,500 to $6,410, struggling to demonstrate momentum in the relatively low region of mid-$6,000. On October 21, CCN reported that the low volume of Bitcoin remains a concern for traders, as it demonstrated the lack of interest in investors in the […]


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