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Sygnum stablecoin used for payment on galaxus swiss giant online retail platform

INDUSTRY

Friday, 28 August, 2020 at 04:26 GMT
Sygnum announced the news of the transaction via a press release on Thursday (August 27, 2020). According to the post, the e-commerce transaction was a world-first with the bank’s stablecoin called Digital Swiss Franc (DCHF). ...
Japanese university debuts regional crypto payment

INDUSTRY

Tuesday, 25 August, 2020 at 06:57 GMT
Amid the coronavirus pandemic, the University of Aizu in Japan has embraced crypto payment as an alternative to making cashless transactions. The initiative is being powered by a newly developed regional digital currency formed through a partnership between the University and a...
Blockchain can help in fight against covid

INDUSTRY

Monday, 24 August, 2020 at 05:27 GMT
Japanese Finance Minister Taro Aso suggested blockchain would be key in the world’s battle against the coronavirus pandemic as the technology can be used for contact tracing while ensuring privacy. ...
Huobi crypto exchange expand presence in russia

INDUSTRY

Saturday, 22 August, 2020 at 13:03 GMT
Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor as part of its Russian expansion plans. He will help develop the company’s market in the region. According to the announcement, he had previously served as partner and CEO of Huobi...
Cryptojacking malware targets banking

INDUSTRY

Thursday, 20 August, 2020 at 07:09 GMT
Cybersecurity firm Guardicore Labs has recently published findings on FritzFrog, a cryptojacking malware botnet that has been deployed to tens of millions of IP addresses. According to the findings, FritzFrog has mostly targeted medical centers, banks, telecommunication...
Colombian gov’t calls for blockchain adoption

INDUSTRY

Wednesday, 19 August, 2020 at 07:37 GMT
The Colombian Ministry of Information Technologies and Communications (MinTIC) has entered a new draft of a guide that calls for blockchain adoption across several sectors in the country. The Ministry also relayed their opinion on cryptocurrencies that run on blockchain...
Bitcoin hashrate drops 1020% due to massive floods in china

INDUSTRY

Tuesday, 18 August, 2020 at 04:14 GMT
As of Tuesday, bitcoin hashrate dropped by 25% due to massive landslides in Sichuan province. The landslides caused by heavy downpour caused the Sichaun province to trigger a Level I response, the highest in its tier four-tier emergency response system. ...
South korean city to issue blockchainbased digital gift certificates

INDUSTRY

Friday, 14 August, 2020 at 04:18 GMT
One of South Korea’s major cities is expanding its payments program by issuing digital gift certificates on the blockchain. Seongnam’s new offering will be available through a mobile app, with the city seeking to reach the elderly with the simplified payments process. ...
South korea’s kookmin bank to store and manage digital assets

INDUSTRY

Thursday, 13 August, 2020 at 04:07 GMT
Kookmin Bank, considered to be the largest bank in South Korea, is set to offer digital currency custody and management services. The bank, better known as KB Bank, has partnered with blockchain venture capital firm Hashed and Cumberland digital currency exchange. ...
Crypto exchanges see explosive increase in web traffic

INDUSTRY

Tuesday, 11 August, 2020 at 05:06 GMT
Reports show that cryptocurrency exchanges have seen a massive increase in web traffic, as cryptocurrency prices gained significant positive movements in July. ...

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