The world’s biggest maker of smartphones and semiconductor chips considers implementing blockchain to manage its global supply network. … [Read more...] about Samsung to implement blockchain in logistics operations
Over 250 companies have joined ICICI Bank blockchain platform
ICICI Bank, one of the largest banks in India, announced that it had successfully onboarded over 250 companies on its custom-made blockchain platform, providing them a convenient way to conduct domestic and international trade finance transactions. … [Read more...] about Over 250 companies have joined ICICI Bank blockchain platform
Rockefeller family’s venture capital firm to invest in cryptocurrencies
Investment firm Venrock (derived from “Venture” and “Rockefeller”), which focuses on investments in startups and early stage companies from IT sector, is entering the cryptocurrency market. … [Read more...] about Rockefeller family’s venture capital firm to invest in cryptocurrencies
Organisations from Russia, South Korea, China and other countries to file a cryptocurrency ads ban lawsuit
The Russian Association of Cryptocurrency and Blockchain (RACIB), Korea Venture Business Association and Chinese Association of Cryptocurrency Investors are planning to file a joint lawsuit against Google, Twitter, Facebook, and Yandex [a Russian search engine] for prohibiting crypto-related advertising. … [Read more...] about Organisations from Russia, South Korea, China and other countries to file a cryptocurrency ads ban lawsuit
Soros Fund Management is planning to invest in cryptocurrencies
Bloomberg reports that Soros Fund Management, a privately owned family office with nearly $26 billion in assets under management, is planning to invest in cryptocurrencies. Currently the firm puts money into public equity and fixed income markets across the globe, and also manages private equity and venture capital funds. … [Read more...] about Soros Fund Management is planning to invest in cryptocurrencies
OmiseGO signs an agreement with major South Korean financial serivices provider
OmiseGO (OMG), a decentralized exchange and payments platform, have signed a Memorandum of Understanding (MoU) with ShinhanCard, an affiliate of the Shinhan Financial Group, a major player in South Korea’s banking and payments sphere. The MoU was signed as part of ongoing efforts to advance financial technology and accelerate the development and adoption of blockchain … [Read more...] about OmiseGO signs an agreement with major South Korean financial serivices provider
Monex Group acquires cryptocurrency exchange Coincheck
Tokyo-based financial services company Monex Group announced that it would acquire 100% of shares in Japanese cryptocurrency exchange Coincheck valued at 3.6 billion yen (about $34 million). The deal is scheduled to be executed on April 16, 2018. … [Read more...] about Monex Group acquires cryptocurrency exchange Coincheck
Indian central bank prohibits financial institutions from dealing with cryptocurrency businesses
The Reserve Bank of India (RBI) in its recent statement announced that entities regulated by RBI are prohibited from providing services to individuals or businesses dealing with cryptocurrencies. … [Read more...] about Indian central bank prohibits financial institutions from dealing with cryptocurrency businesses