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Ant Financial Raises $14 Billion to Boost Blockchain Development

Brian Evans - Jun 12, 2018

Alibaba subsidiary Ant Financial just cashed-in on a historic $14 billion Series C funding round, and the Alipay creator says that part of this warchest will be…

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‘No Plan’ for a Central Bank Digital Currency Now, Says Hong Kong Official

Brian Evans - May 31, 2018

A senior government official from Hong Kong has ruled out plans for a central bank digital currency (CBDC) presently, claiming the country already has an efficient payments…

Blockchain News
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Chinese Ride Hailing Giant Didi Chuxing to Launch a Blockchain Uber

Brian Evans - May 29, 2018

.Weixing Chen, co-founder of the Didi Chuxing ride-hailing company, one of the largest technology startups in the global market, is partnering with Yang Jun, co-founder of Meituan,…

Blockchain News
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Ethereum Startup Omise Gains Megabank Sponsor for Blockchain Coworking Space

Brian Evans - May 25, 2018

Mizuho, one of Japan’s three so-called ‘megabanks’, will sponsor Neutrino, the country’s first blockchain coworking space established by Ethereum-based startup Omise Japan. Named ‘Neutrino’, the country’s first…

American Express
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American Express Taps Hyperledger Blockchain for Rewards Program Revamp

Brian Evans - May 25, 2018

American Express has deployed Hyperledger’s blockchain technology to make its Membership Rewards program more versatile, marking the first application of blockchain technology to a major U.S. financial…

Altcoin News
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Japan’s Biggest Bank to Carry Large-Scale Trial of Cryptocurrency ‘MUFG Coin’

Brian Evans - May 22, 2018

The banking arm of the Mitsubishi UFJ Financial Group’s (MUFG), the Bank of Tokyo-Mitsubishi UFJ, is reportedly planning to trial its in-house cryptocurrency in 2019 following years…

Altcoin News
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Iran and Russia Consider Using Cryptocurrency to Evade US Sanctions: Report

Brian Evans - May 21, 2018

Iran and Russia could turn to cryptocurrency as a solution to evade Western financial sanctions and reduce their dependence on the US dollar. Iran has been struck…

Bitcoin Progress
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This Mosque Could Be Britain’s First to Accept Crypto for Alms-Giving During Ramadan

Brian Evans - May 21, 2018

Masjid Ramadan or Shacklewell Lane Mosque in London is taking a forward-thinking approach to the Islamic practice of Zakat and Sadaqah, alms-giving. Based in Dalston (Hackney), East London,…

Blockchain News
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Why Nokia Is Partnering with a Crypto Startup to Build an IoT Network

Brian Evans - May 19, 2018

Nokia, a Finland-based multinational communications and information technology provider, has announced a project to give people in remote rural areas a chance to have mobile connectivity and…

Altcoin News
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Switzerland Government Calls for Study on State Cryptocurrency “e-franc”

Brian Evans - May 18, 2018

Switzerland’s federal government has called for a study into the risks and opportunities of launching the “e-franc”, a proposed state cryptocurrency powered by blockchain technology. The Federal…