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Monday, December 16, 2019

People’s Bank of China’s Trade Finance Blockchain Platform Processes 80 Billion Transactions

The People’s Bank of China’s trade finance blockchain platform recently announced data for a little over a year. As of November 29 this year,...

China’s Central Bank Plans to Test Digital Currency in Shenzhen and Suzhou

China's launch of the central bank's digital currency seems to be on the brink. The market is rumored that the People's Bank of China,...

Analyst Who Predicted 2018 Collapse Expects Bitcoin to Hit $100K

Veteran crypto trader and analyst Peter Brandt who successfully predicted the 2018 crash before it happened expects Bitcoin to hit $100,000. In a recent...

French Central Bank Plans to Launch Digital Currency to Counter Libra

The French Central Bank announced that it will begin testing the digital euro pilot program at the end of the first quarter of 2020,...

Crypto Exchange Upbit Has Ethereum Stolen. Stolen Assets On the Move

Upbit, one of the largest cryptocurrency exchanges in South Korea, had 342,000 Ethereum stolen last week. Hacker(s) spread out the funds by sending chunks...

IBM Applies for New Patent to Block Drone Theft with Blockchain

In November, IBM applied for a patent from the US Patent and Trademark Office. It plans to use its blockchain platform to record data...

Alipay Blockchain Application Covers 11 Cities for Chinese Subway

Alipay, China's large-scale electronic payment platform, which had applied its blockchain technology to the "Singles' Day" shopping festival has recently expanded its application scenarios...

HSBC will Track $20 Billion in Assets with Blockchain in 2020

According to a recently published Reuters report, HSBC bank is planning to track nearly $20 billion in assets on a blockchain-based custody platform starting...

Chinese Regulators Crack Down on Cryptocurrency Fundraising Activities

When blockchain became China's national policy, it once stimulated cryptocurrencies and related listed companies. However, the regulatory authorities also severely cracked down on fund-raising...

China’s SAFE Cross-Border Blockchain Platform Handled More Than $8 Billion in Transactions in Eight...

Back on March 22, 2019 the China Foreign Exchange Administration (SAFE) launched a cross-border financial blockchain platform specializing in blockchain technology to deal with...