Standard Chartered, Siemens Partner on Blockchain Pilot to ‘Fully Digitize’ Bank Guarantees

UK multinational banking and financial services company Standard Chartered (SC) disclosed it is working on a blockchain pilot for bank guarantees using R3 Corda blockchain technology in a press release Thursday, August 30. In partnership with Siemens’ financing arm Siemens Financial Services (SFS) and trade finance platform TradeIX, the pilot began operating in March and …

OpenFinance Launches Regulated Alternative Trading System for Securities Tokens

OpenFinance, a security token trading platform, has launched a regulated alternative trading system (ATS) for security tokens, according to information shared with Cointelegraph August 29. In the U.S. and Canada, an ATS is a non-exchange trading venue that that matches buyers and sellers to find counterparties for transactions. They are usually regulated as broker-dealers instead …

University of Malta Launches Blockchain and DLT Scholarship Fund

The University of Malta has partnered with the Malta Information Technology Agency (MITA) to establish a €300,000 ($351,000) blockchain and distributed ledger technology (DLT) scholarship fund, Times of Malta reported August 29. The new scholarship is targeted at students studying information and communications technology (ICT), law, finance, and engineering, and will be split over three …

Fifth Largest Crypto Exchange Bithumb to Reopen Account Registrations, Media Report

Bithumb, one of the largest South Korean cryptocurrency exchanges, will open up account registrations after a month-long freeze, local media outlet Yonhap News reports Wednesday, August 29. According to a spokesperson from banking partner Nonghyup Bank, Bithumb will meet specific requirements as dictated by South Korean law in return for regaining banking support. Nonghyup had …

The Mt. Gox Redemption: Heading Toward a Happy Ending?

The story of the infamous cryptocurrency exchange Mt. Gox seems to be taking a twist that could bring a relatively happy resolution to one of the most dramatic episodes in the short history of digital money. As the gates are now open for the Japan-based exchange’s creditors to file rehabilitation claims, chances are that most …

Blockchain Will Replace Existing Technology

JP Morgan CIO Lori Beer said at a press conference in Buenos Aires that blockchain will “replace existing technology” in a few years, according to Argentinian website Cripto247 August 23. “We will see a greater and wider use of blockchain […] In a few years blockchain will replace the existing technology, today it only coexists …

Randi Zuckerberg Joins Huobi’s Public Blockchain Advisory Committee

Randi Zuckerberg, the elder sister of Facebook founder Mark Zuckerberg, has joined the advisory board of cryptocurrency exchange Huobi to develop Huobi’s new public blockchain, according to a recent press release. Zuckerberg, who worked at Facebook for over six years, is also the founder and CEO of Zuckerberg Media. Per the announcement, Zuckerberg, along with …

Gazprom And Russian Airline S7 Put Aircraft Fuelling on Blockchain in Domestic First

Russian air carrier S7 Airlines has partnered with state-owned oil giant Gazprom Neft to use blockchain-based smart contracts for aircraft fuelling, a press release confirmed Friday, August 24. S7, which has developed several blockchain use cases in the past two years, will now use the technology to increase efficiency of fuel delivery and payment, as …

SEC May Make U-Turn on BTC ETF Rejections, While India and China Crack Down on Crypto Scammers

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.   Top Stories This Week SEC Rejects—Then Will Review—9 Bitcoin ETF Application …