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Tag Archives: Largest

Japan’s Largest Bank and Cloud Delivery Giant Akamai Announce Blockchain Payment Network

The Mitsubishi UFJ Financial Group (MUFG) has partnered with major U.S.-based cloud delivery platform Akamai Technologies to release a global payment network based on blockchain, Cointelegraph Japan reports today, May 21. Akamai, a Massachusetts-based firm, was able to test the blockchain platform “under realistic business conditions,” showing a capability for processing a million transactions per second and a capacity for ...

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Russia’s Largest Bank Buys Commercial Bonds on a Blockchain

Join our community of 10 000 traders on Hacked.com for just $39 per month. The investment and corporate banking arm of Sberbank and telecom giant MTS have laid claim to conducting Russia’s first commercial bond transaction using blockchain technology. In an announcement, MTS revealed it had placed commercial bonds worth RUB 750 million (approx. $12 million) on a proprietary blockchain ...

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Largest Bank in the Phlippines Showcases Bitcoin Mining Equipment

Financial institutions all over the world are interested in Bitcoin. UnionBank recently demonstrated its cryptocurrency miners at a business conference. That is an interesting development, considering how the world’s leading cryptocurrency is a legal tender in the country.  When the biggest bank in The Philippines gets into Bitcoin, an interesting tone is set. Unionbank and Cryptocurrency The Philippines have always ...

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Germany’s 2nd Largest Stock Exchange To Launch Zero-Fee Crypto Trading App

Germany’s second largest stock exchange, the Stuttgart Börse, which reportedly has a trading volume of $100 bln, has announced it is launching a zero-fee cryptocurrency trading app, Thursday, May 17. The smartphone app, dubbed ‘Bison,’ will be free to use as of fall 2018, and has been developed together with fintech startup Sowa Labs. Four cryptocurrencies – Bitcoin, Ethereum, Litecoin ...

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India’s Largest Crypto Exchange Bitxoxo Announces TGE – The Merkle

Bixoxo, India’s largest cryptocurrency exchange, has now launched its TGE, following a very successful presale that sold 5 million tokens and concluded last month. Disclosure: This is a Sponsored Article TGE Details The sale will help fund the expansion and creation of new products and services. Bitxoxo has a vision where Bitcoin and BCH have become the de facto standards ...

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Audit Results: South Korea’s Largest Cryptocurrency Exchange Upbit Cleared

Upbit, the largest cryptocurrency exchange in South Korea, has conducted an internal audit amid suspicions of fraud from national authorities. The audit results allegedly disprove the claims that the exchange has falsely reported the amount of funds it holds. South Korea’s Upbit Exchange Claims Internal Audit Disproves Suspicions of Fraud South Korea’s cryptocurrency market came under pressure last week following news ...

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World’s Fifth Largest Bank To Trial Own Cryptocurrency In 2019, Report Says

The banking unit of Japan’s Mitsubishi UFJ Financial Group (MUFG) plans to trial its own cryptocurrency as early as 2019, Cointelegraph Japan reports today, May 15. Cointelegraph Japan quotes local news media outlet NHK saying that a test phase of the cryptocurrency, known as MUFG Coin, could involve around 100,000 account holders. Currently the fifth largest bank in the world ...

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S. Korea’s Largest Exchange UPbit Runs ‘Internal Audit’, Dispels Fraud Allegations

South Korea‘s largest cryptocurrency exchange UPbit said it has conducted an internal audit that disproves suspicions of fraud, local media reported Tuesday, May 15. UPbit, which saw a sudden visit from financial regulators on Friday, May 11, on suspicion officials had faked balance sheets, has yet to publish the audit data, which it claims demonstrates its coin holdings are real. ...

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Largest Credit Bureau In Eastern Europe To Use Blockchain For Customer Data Storage

The Polish Credit Office, Biuro Informacji Kredytowej (BIK), has partnered with UK fintech firm Billon to implement blockchain for customer data storage, according a press release from Billon today, May 14. BIK, the largest credit bureau in Central and Eastern Europe, is owned by Poland’s leading banks and tracks around 140 mln credit histories, according to the press release. BIK ...

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