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Tag Archives: Major

VeChain Hype Intensifies With Major Partnership and Mainnet Launch

VeChain has gained support from new partnerships with DB Schenker and PwC, ahead of its highly anticipated mainnet launch. VeChain in Last Stages of Preparation Before Mainnet Launch VeChain has posted their official launch schedule to Twitter comments are a mixed bag of congratulations and questions about how to convert existing VEN to the new VET token. The VeChainThor Blockchain ...

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Major Philippine Bank Taps IBM for Blockchain Remittance from Japan

The Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ top 10 banks by assets, has announced an upcoming remittance payments service from Japan using blockchain technology. Speaking to reporters on Thursday, RCBC first senior vice president Manny T. Narcisco revealed that the banking giant is developing the blockchain platform to enable cheaper and faster remittances for overseas Filipino workers ...

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Goldman Sachs Plots Major Crypto Play

Investment banking giant Goldman Sachs is getting more serious about launching a full-scale cryptocurrency trading operation. Speaking with Bloomberg, Goldman Sachs COO David Solomon said that the firm is holding internal discussions about offering more cryptocurrency trading services in response to client demand. “We are clearing some futures around Bitcoin, talking about doing some other activities there, but it’s going ...

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Blockchain ‘Is Immature and Has Major Challenges’

Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is “not mature” and faces major challenges, el Economista reported June 18. Torres expressed his concerns about blockchain’s current limitations at an event organized by the Spanish Association for Economic Journalism which focused on the prospects of the technology. According to Torres, the main challenges for blockchain are the “volatility ...

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Two Major Russian Banks to Offer Crypto-Based Fund for Retail Investors

Two of Russia’s largest banks are testing cryptocurrency-based investment options for retail investors, local news media out Kommersant reported June 15. As part of the Russian central bank’s ‘regulatory sandbox,’ Sberbank and Alfa-Bank opted to begin experimenting with products based on so-called “digital financial assets” at a meeting last Wednesday, according to the publication. Those assets will in fact take ...

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Kosovo Is Quickly Turning Into a Major Cryptocurrency Mining Hub

Various European nations are showing increasing interest in cryptocurrency. This is especially apparent where altcoin mining is concerned. It is a pretty interesting trend, especially when considering that Kosovo is getting involved. It’s a positive turn of events for this plagued European country, although it remains to be seen how things will evolve. Kosovo and Bitcoin Mining Similar to some ...

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Proposed Regulations Could Cause Major Shifts in Canadian Crypto …

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. The Canadian crypto business community is still ...

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Bitcoin Price Dips Below $6,500, Breaching Major Support Level

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! The bitcoin price has dipped below the $6,500 mark, falling to the lower end of $6,400. A major support level at $6,421 was breached, a major support level since early April. The next major support level is at $6,000, and falling below it could ...

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CoinRail Hack Will Not Affect Major Cryptocurrency Markets

In the world of Bitcoin and cryptocurrency, no individual or company is safe from hacks. This is especially true where wallet providers and trading platforms are concerned. CoinRail, a small exchange based in South Korea, was hacked this weekend. It should have no impact on the markets, as this platform generates barely any volume. CoinRail Hack Should Have No Impact ...

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