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IBM Completes Blockchain Trial Tracking A 28-Ton Shipment Of Oranges

IBM Completes Blockchain Trial Tracking a 28-Ton Shipment of Oranges

news IBM has completed a trial of blockchain technology to track a shipment of mandarin oranges from China to Singapore. Announced today, 28 tons of mandarin oranges, or 3,000 cartons containing approximately 108,000 fruits, were delivered ahead of Chinese New Year celebration on Feb. 5 (mandarin oranges are a symbol of prosperity, IBM explained). The main…
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Fidelity Says Its Crypto Trading And Storage Platform Is In ‘Final Testing’

Fidelity Says Its Crypto Trading and Storage Platform Is in ‘Final Testing’

news Financial services provider Fidelity, which has some $7.2 trillion in client assets under management, said Thursday that its anticipated crypto trading and custody platform is in its “final testing” phase. The company noted in a blog post late Thursday that it had on-boarded “a select set of eligible clients” already, while it worked on building Fidelity…
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Fidelity Cryptocurrency Platform Enters ‘Final Testing’ Stages

Fidelity Cryptocurrency Platform Enters ‘Final Testing’ Stages

American financial services giant Fidelity said that its cryptocurrency trading and custody platform is in the “final testing and process refinement periods” in a Medium blog post on Jan. 31.Per the announcement, the firm is currently providing services to a small, select group of clients while it continues to build the platform’s infrastructure. The firm…
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Canadian Cryptocurrency Exchange QuadrigaCX Files For Creditor Protection In Nova Scotia

Canadian Cryptocurrency Exchange QuadrigaCX Files for Creditor Protection in Nova Scotia

Following months of financial and legal troubles, major Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection, according to an official announcement on Jan. 31.Per a statement on the exchange’s website, the firm filed an application for creditor protection in the Nova Scotia Supreme Court today in compliance with the Companies' Creditors Arrangement Act (CCAA).…
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Van Eck Solidx Bitcoin ETF: The Come Back? The Application Was Resubmitted By CBOE

Van Eck Solidx Bitcoin ETF: The Come Back? The Application Was Resubmitted by CBOE

TL: DR Van Eck Solid X resubmitted ETF proposal after withdrawing application due to the government shutdown Once published, the timeline will reset, giving the SEC another 240 days to approve or reject the ETF This delay may prove beneficial for the ETF application, as market conditions seem more stable and less prone to clear…
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Chainalysis: Darknet Market Activity Nearly Doubled Throughout 2018

Chainalysis: Darknet Market Activity Nearly Doubled Throughout 2018

Darknet markets are going as strong as ever, if Chainalysis data is to be believed. In its latest Crypto Crime Report, published earlier this week, blockchain analytics firm Chainalysis reports that darknet market activity has nearly doubled throughout 2018. After a slump in late 2017 and early 2018 due to the closure of two major…
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Zebpay Continues European Expansion, Launches EU-Wide Trading Tournament

Zebpay Continues European Expansion, Launches EU-Wide Trading Tournament

Cryptocurrency exchange Zebpay is opening new offices in five European countries, increasing its presence on the continent to 26 countries. Launched in 2011 in India, Zebpay grew into one of the country’s largest cryptocurrency exchanges before shuttering its operation in September 2018, due to the crypto ban in the country. Now, the exchange operates out…
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Crypto Exchange QuadrigaCX Files For Creditor Protection

Crypto Exchange QuadrigaCX Files for Creditor Protection

news Canadian crypto exchange QuadrigaCX is filing for protection from creditors, a step taken to avoid bankruptcy. In a statement posted to its website nearly a week after the portal became inaccessible, the exchange announced that it had filed “an application for creditor protection in accordance with the Companies’ Creditors Arrangement Act,” as part of…
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SBI Reports Financial Results, Recognizes Ripple For Cross Border Payments

SBI Reports Financial Results, Recognizes Ripple for Cross Border Payments

Japanese finance giant SBI Holdings has released its nine-month financial report today, Jan. 31. In the report for the period ending on Dec. 31, 2018, SBI notes Ripple’s potential for cross-border payments.SBI outlines the implementation of technologies by Ripple (XRP) and blockchain consortium R3 as a major part of its strategy to enable a global…
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