August 15, 8:55 am
|Volare Network Released Volare Business White Paper 1.0 With Volare Publ...|
[PRESS RELEASE - Singapore - August 13, 2022]
Volare Project is a project to construct a vast ecosystem based on blockchain network (“Volare Network”) that proves the commercial viability of the new Equilibrium technology. Volare Network has released its first white paper 1.0 on August 1, 2022 (please see here).
Current blockchain platforms execute transactions at a considerably slower speed than existing commercial-grade server-client platforms. Those blockchain platforms also suffer from low scalability due to structural flaws that cause the overload of a particular service to negatively impact the entire network. Equilibrium, a blockchain engine developed by EQBR Holdings Co., Ltd. (EQBR Holdings) overcame such problems by (i) a new non-competitive consensus algorithm (Equalize) and (ii) an enhanced micro-service architecture (micro-chain architecture, MCA). That is, Equalize profoundly enhanced transaction speeds while MCA overcame limitations created by rapid network expansion.
Volare Network can have unlimited number of small independent network corresponding to each independent service domain thereunder (micro chain). Based on Equilibrium, each network operating within Volare Network can provide stable services to users with improved speed and scalability, whic...
June 26, 4:33 pm
|Deloitte and NYDIG Will Allow Businesses to Access Services Built on Bit...|
Big four accounting firm Deloitte tapped Bitcoin-focused financial services firm New York Digital Investment Group (NYDIG) for a strategic alliance that aims to help companies access financial services built on Bitcoin.
The newly formed alliance will focus on offering Bitcoin-related financial services to companies of all sizes. Its targeted areas...
June 25, 5:30 am
|Japanese Virtual IP Firm Raises $10 Million to Accelerate Metaverse Busi...|
Brave Group Inc., a Japanese virtual IP firm, recently said it had raised $10 million in new capital and that the company expects to use part of these funds to boost its 'solution services for clients in the metaverse marketing business.' Taking part in Brave Group's latest funding round were two local companies, foreign investment funds, as well a...
June 16, 4:57 pm
|Mark Cuban Explains Which Crypto Businesses Will Dissappear During the B...|
Investors are increasingly concerned about the spillover effect in case of a potential collapse of the lending platform, Celsius. Weighing on the struggling ecosystem, the 'Shark Tank' star argued that more companies built on hype and lack of valid prospects will disappear.
More Losses Incoming
In an interview with Fortune, Cuban predicted another ...
June 06, 5:36 pm
|DEA Appoints Tatsuya Kohrogi Vice President & Head Of Global Business|
Singapore-based GameFi ecosystem Digital Entertainment Asset Pte. Ltd. (DEA) has revealed the appointment of Tatsuya Kohrogi to the role of Vice President and Head of Global Business. Kohrogi will be leveraging his extensive experience to help DEA expand into new markets.
Commenting on the company’s latest talent acquisition, DEA CEO Naohito ...
June 05, 12:00 pm
|Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business &...|
A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and Paxful. He faces up to five years in federal prison and a possible $250,000 maximum fine.Crypto Trader Pleads Guilty
The U.S. Department of Justice (DOJ) continues to take action against crypto traders using service...
June 02, 6:10 am
|Three ways blockchain disrupts traditional business models|
An essential component in business is adapting to technological trends and providing the best possible services for customers. This is known as providing a customer-centric experience.
Examples of adapting technology and focusing on customer-centric experiences are shown through Walmart and Amazon. These businesses traded at $400B (Walmart) and $24...
June 02, 5:46 am
|5 Ways that Blockchain is Reshaping the Betting Business|
If there’s one takeaway that society has gained from the betting industry, it’s that traditional casinos are not designed to favor the bettor—the house always ends up winning. At the end of the day, a casino is simply a business, and like any other business, it is designed to ensure profitability.
The reality is, traditional casin...
May 24, 9:30 am
|Major Japanese Bank Sumitomo Mitsui Trust to Launch Cryptocurrency Custo...|
Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange, to launch a new company that will focus on offering institutional-grade custody for digital assets and NFTs.
May 20, 1:11 pm
|V2B Labs Judges the Eventful Blockchain Business Idea Pitch Day Alongsid...|
[PRESS RELEASE - Please Read Disclaimer]
V2B Labs had an amazing time being part of Ideathon Pitch Day, a blockchain event organized by the Algorand in Tokyo on last May 14, 2022.
On May 14, 2022, Algorand successfully organized the Blockchain Business Idea Pitch, joined by well-known Japan Accelerator mentors, overseas Algorithm founders and VCs, ...
May 04, 6:21 am
|Retoken Announces Plans to Revolutionize Business Referral Systems|
Retoken has unveiled its plans to revolutionize how businesses and individuals benefit from the manufacturer-buyer process. Using incentives, Retoken will attract sellers and consumers working in the market to promote your products and services.
CEO of Retoken, Sanan Hasanov, said:
“In order to bring measured results to these person-to-person...
April 25, 1:15 pm
|SeatlabNFT's Journey To Change The Event Business|
From sports events, to live music, to stand-up comedy and beyond - the ticketing business has become profitable for few, clunky for most, and outdated for everyone. A new blockchain-based platform, SeatlabNFT, is changing that. For the fans SeatlabNFT aims to revitalize the ticketing industry by moving tickets on-chain, and leveraging growing NFT t...
April 24, 11:30 pm
|Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus|
Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it's making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these. The business has been sold to a Russian vendor, alongside rights ...
April 23, 8:30 am
|Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requi...|
Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal entities.
Crypto Industry's Letter to EU Policymakers...
April 19, 7:46 am
|SocialGood Is Good for Business|
Businesses and brands are regularly looking for ways to improve their bottom line and increase sales. An increase in sales and “basket size”, is often achieved by not only getting new customers but retaining the existing ones too. When looking at the way businesses and brands are trying to achieve this, we regularly see the following: L...
April 18, 5:30 am
|Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Busi...|
A bitcoin ATM operator has been indicted in New York for running an illegal business 'marketed towards individuals engaged in criminal activity.' The district attorney in charge described: 'Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business as secret as possible to attract a clientele that would pay top dollar for anon...
April 06, 3:41 am
|Starbucks Will Enter The Metaverse Business in 2022, CEO Confirms|
On April 4, the billionaire entrepreneur and CEO of Starbucks, Howard Schultz, announced in an Open Forum that the company is planning to enter the NFT business before the end of 2022. This news was confirmed by the company itself a few hours later.
Although Schultz did not provide an exact date as to when the company would move into the NFT world,...
March 30, 9:30 pm
|Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in ...|
Nequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the cryptocurrency world while complying with the limits set by current regulators.
March 30, 11:09 am
|Visa Unveils Program to Help Creators Interested in Building Business Wi...|
Visa has announced the launch of a new initiative, dubbed 'Visa Creator Program,' to support the growth of the maverick NFT industry.
With the new initiative, the digital payments leader aims to help a global cohort of creators interested in building their business with non-fungible tokens.
Visa Creator Program
According to the official blog post, ...
March 25, 11:50 pm
|LG's New Business Plans Include Blockchain and Crypto|
South Korea-headquartered LG Electronics has added blockchain and cryptocurrency to its business portfolio.
LG's Blockchain and Crypto Game Plans
At the Annual General Meeting on March 24, LG Electronics' shareholders approved 'blockchain-based software' development and 'sale and brokerage of cryptocurrency' as two new business areas.
Although LG h...
March 24, 9:30 am
|Florida Governor Ron DeSantis Says State Is 'Figuring out Ways&rsq...|
Florida governor, Ron DeSantis explained at a press conference on Tuesday that he's spoken with state agencies and told them to figure out ways for businesses to pay tax with cryptocurrencies. During the signing ceremony for a bill focused on financial literacy, DeSantis said that the government is working on accepting bitcoin 'for payments in the ...
March 22, 7:08 pm
|Blockchain.com acquires OTC business of altcoin specialist Altonomy|
Blockchain.com, a crypto wallet & exchange solutions provider, announced it has acquired the OTC trading and execution business of Singapore altcoin provider Altonomy to help grow its institutional business.
Founded in 2018, Altonomy is a leader in altcoin spot trading. Just last year Altonomy executed over $16B in OTC volume, specializing in high-...
March 19, 1:17 pm
|Ripple Is Hiring Director for Carbon Markets to Expand Business|
Vice President of Global Talent Acquisition at Ripple, Jim Chauncey-Kelly, has taken to Twitter to share a link to a Ripple vacancy as the company seeks to expand its business in carbon markets and is pulling focus on climate protection.
.@Ripple is #hiring a Director, Business Development, Carbon Markets (RippleX)! A...
March 15, 9:30 am
|Better Business Bureau Warns About Cryptocurrency — BBB Ranks Cryp...|
The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that 'Payment made via cryptocurrency that resulted in a monetary loss more than doubled from 2020.'
BBB Sees Rising Crypto Scams
The U.S. Better Business Bureau (BBB) released its 2021 BBB Scam Tracker Risk Report Fr...
March 13, 2:30 pm
|Deutsche Bank to Exit Russia, Says There Will Be No New Business There|
Germany's Deutsche Bank has become the latest financial services giant to confirm it's leaving Russia over Moscow's military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted. Amid Ongoing War in Ukraine, Deutsche Bank Pulls Out of Russia
March 13, 12:30 pm
|US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russi...|
Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions.Goldman Sachs and JPMorgan Scale Down Russian Operations
March 10, 6:00 am
|African Crypto Startup, Basqet Launches Payment Gateway to Enable Busine...|
PRESS RELEASE. Recently, blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment.
Basqet said it is launching a public beta and will be going live with 118 businesses already signed up to start accepting payments in ...
February 11, 6:30 am
|Binance Invests $200 Million Into the Business Magazine and Digital Publ...|
Reports indicate that the world's largest cryptocurrency exchange by trade volume, Binance, has announced the crypto company has committed to investing $200 million into the American business magazine Forbes. The digital currency company Binance confirmed the $200 million stake into Forbes on the social media platform Twitter. Binance Pledges $200 ...
January 29, 12:30 am
|American Express Sees Crypto as Asset Class — Says It's Not ...|
American Express (Amex) sees cryptocurrency as an asset class, according to CEO Steve Squeri. He added that right now, the firm does not see crypto as an immediate or medium-term threat to its business.
American Express CEO Discusses Crypto Strategy
The chairman and CEO of American Express (Amex), Steve Squeri, answered some questions regarding cr...
January 17, 12:30 pm
|Business Advisory Firm Expects Criminal Cryptocurrency Transactions to F...|
Gartner, an advisory firm, has predicted that criminal cryptocurrency transactions or transfers will fall by 30% by 2024. The firm says factors such as the transparency of the blockchain, as well as the democratization of fraud prevention tools, will contribute to this decline in such transactions.
Despite the surge in the v...
January 16, 1:26 pm
|25% of Small Businesses in 9 Countries Plan to Accept Crypto Payments in...|
According to a recent survey conducted by the payment processor giant Visa, almost a quarter of the participants across nine nations said they intend to embrace digital currencies as a form of payment sometime this year. Furthermore, 13% of consumers in these countries predicted retail stores will begin allowing crypto settlements in the following ...
January 15, 12:30 am
|Visa: One in Four Businesses Surveyed Plan to Accept Cryptocurrency Paym...|
Payments giant Visa has conducted a survey of small businesses and found that almost a quarter of those who responded plan to accept cryptocurrency payments this year. 'I think more people are feeling more confident with crypto,' said a Visa executive.
Small Businesses in 9 Countries Plan to Accept Cryptocurrency This Year
Visa published a study o...
January 13, 8:00 am
|German Online Bank N26 to Launch Cryptocurrency Trading Business This Ye...|
N26, a German online neobank, has announced it will get into the cryptocurrency trading business this year. The announcement was made by Max Tayenthal, co-founder and a CEO of the company, who pondered whether focusing on cryptocurrency instead of going global may have been a better idea. The company closed operations in the U.K. and is now exiting...
January 12, 6:02 pm
|Japanese giant GMO Internet Group to build blockchain business on Klaytn|
GMO Internet Group, a Japan-based internet service provider. announced it will partner with Klaytn Foundation to explore blockchain business on Klaytn, a blockchain initiative by the Kakao Group.
This latest move is a continuation of the conglomerate's expansion in internet infrastructure, financial services, e-commerce, payments, and cryptocurrenc...