Tag: Platform

BlackRock denies buying crypto trading platform Voyager Digital

After rumors surfaced suggesting that BlackRock, the largest asset management firm, is poised to acquire Voyager Digital, crypto.news confirmed that the deal was fabricated. When crypto.news reached out to BlackRock to confirm the veracity of the alleged buyout, Carolyn Vadino, the firm’s managing director of corporate communication, categorically confirmed that the press release was false. According to Chinese crypto reporter Colin Wu, these rumors propagated as ‘news’ were likely intended to artificially inflate Voyager’s native token (VGX), a tactic known as ‘pumping.’  This misinformation was published as paid content on…

Ant Group Rolls Out New Blockchain Platform for Web3 Development ZAN

ZAN is powered by technical innovations from AntChain Open Labs. Chinese fintech giant Ant Group, the creator of the world’s biggest payment platform Alipay, is expanding its foothold into the crypto industry with the launch of ZAN, a blockchain service platform aimed at both Hong Kong and global markets to simplify the complexities of blockchain technology. In a press release published on September 8, the company’s CEO Zhang Hui announced the launch of ZAN during a conference in Shanghai, presenting a suite of blockchain application development tools tailored for both…

London Stock Exchange to create traditional assets trading platform on blockchain

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The London Stock Exchange (LSE) Group is reportedly planning on creating a blockchain-based platform that will be offering traditional financial assets. According to a report by mainstream media outlet Financial Times, the company has been looking into the potential of a blockchain-based trading venue for a year. LSE Group’s head of capital markets Murray Roos said that the company’s efforts in looking into the blockchain had reached a point where they decided to move their plans forward. London Stock Exchange Group looks to build blockchain-powered trading venue: Financial Times#LSE #London…

Social Media Platform Friend.tech Users Remain Mostly Active Even as Trading Volumes Drop 95%

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HK’s Official Blockchain Platform eTradeConnect to Terminate Operations

The Hong Kong Monetary Authority (HKMA)-backed eTradeConnect, a trade finance platform built on blockchain technology and supported by a group of twelve prominent banks, is set to cease operations by month’s end. Launched officially on October 31, the platform’s primary functions were to digitalize trade documents, streamline trade finance operations, and utilize blockchain capabilities to bolster efficiency and foster trust within the trade community. Its origins date back to October 2017, when the HKMA unveiled plans for this trade finance venture, buoyed by the positive outcomes of a preliminary proof-of-concept…

Finst Becomes First Dutch Cryptocurrency Platform To Release an Extensive Proof of Reserves

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August 22, 2023 – Amsterdam, Netherlands Amsterdam-based cryptocurrency exchange Finst announces the successful release of its PoR (proof of reserves) conducted by a reputable and independent audit firm. Finst’s extensive PoR audit is a first-of-its-kind, aiming to address the limitations of traditional PoR and set higher transparency standards in the crypto industry. The audit, which will be renewed at least every six months, confirmed that Finst holds its clients’ assets on a full reserve basis – 1:1 – and has implemented an effective segregation of assets. As a crypto investor,…

Recur announces phased shutdown of NFT platform 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied NFT platform Recur has revealed plans to cease operations less than two years after securing $50 million in a Series A funding round. The company has detailed a structured shutdown of the platform, commencing with the suspension of primary and secondary sales from Aug. 18, 2023. Today, with heavy hearts, we must share some difficult news. After much contemplation and consideration, we’ve decided to deprecate the RECUR platform, effective November 16, 2023. Learn more: https://t.co/5NbiTQSAGo —…

Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market

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