Dubai's RTA to develop blockchain-based vehicle lifecycle management system
Mar 02, 2018 04:09 am UTC| Digital Currency
The Dubai Roads and Transport Authority (RTA) is planning to tap into the potential of blockchain technology to build a vehicle lifecycle management system, Arabian business reported. A part of the Dubai 10X initiative,...
Genesis Global Trading launches cryptocurrency lending business
Mar 02, 2018 03:10 am UTC| Digital Currency
Genesis Global Trading, an institutional trading firm offering two-sided liquidity for digital currencies, has launched its institutional lending business Genesis Global Capital. The new subsidiary will allow...
SBI Group postpones cryptocurrency exchange launch again
Mar 01, 2018 11:08 am UTC| Digital Currency
Japanese financial services giant SBI Group has once again postponed the launch of its much-anticipated cryptocurrency exchange. The company announced its plans to launch SBI Virtual Currencies Co., Ltd. back in October...
Credit Suisse, ING execute €25M securities transaction using blockchain technology
Mar 01, 2018 10:25 am UTC| Digital Currency
Leading global banks Credit Suisse and ING have conducted the first live securities lending transaction using blockchain technology. The transaction involved swapping a basket of securities worth EUR 25 million using a...
FxWirePro: BTC/EUR struggles at channel top, intraday bias neutral
Mar 01, 2018 09:33 am UTC| Technicals Digital Currency
BTC/EUR is extending trade in a downward sloping channel. The pair is currently range bound for the day, hitting a days high of 8720 and a low of 8364. Price action hovers around 110-EMA and is struggling to...
FxWirePro: ETH/USD extends consolidation with upside capped by 20-DMA, bias neutral
Mar 01, 2018 09:24 am UTC| Digital Currency
ETH/USD remains rangebound on Thursday with its upside capped by 20-DMA. It is currently trading at 868 levels at the time of writing (Kraken). On the upside, a consistent break above 874 (20-DMA) would see the pair...
Global banks, TradeIX, R3 pilot blockchain-based trade finance solution
Mar 01, 2018 09:05 am UTC| Digital Currency
Marco Polo, an initiative comprising of a group of leading banks, trade finance technology specialist TradeIX and enterprise software firm R3, is piloting a trade finance solution leveraging distributed ledger technology...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned