Huobi May Attempt a Reverse IPO Per Letter Posted with Hong Kong Stock Exchange

Huobi, one of the largest crypto exchanges in Asia, seems to be moving towards a reverse Initial Public Offering (IPO), some documents posted on the Hong Kong Stock Exchange (HKEX) suggest. According to the latest filing, the company will use a company that was recently purchased to make the move. Pantronics Holdings…

Revisiting Amazon Move Into DLT With Quantum Ledger Database And Managed Blockchain

Amazon has recently provided some more information about two of its blockchain-related projects. They are the Amazon Managed Blockchain and the Amazon Quantum Ledger Database. The preview of these new products points out that they are still in a very early phase, but that Amazon is getting consistently more interested in the blockchain technology and…

CEO Brad Garlinghouse On Dumping: “Ripple Can’t Control XRP Price Any More Than Bitcoin Whales”

Brad Garlinghouse: Ripple is interested in a “healthy successful ecosystem” and would “never” dump XRP price The company sells XRP to institutions on discount but put restrictions on how much and when they can sell With MoneyGram, they are seeing more momentum than they’ve ever had around using XRP Ripple…

Two out of Five Millenials Look At Crypto During A Recession, eToro Survey Discovers

A new survey has discovered that 40% of the Millenials in America would rather invest in crypto assets than any other kind of asset during an upcoming recession. According to the study, which was conducted by eToro with 1,000 online investors in the U. S. recently, Millenials are the most open investors to crypto. According to the…

DASH Is Launching On Coinbase Pro Crypto Exchange, Price Jumps 9%

Coinbase is now listing Dash on its platform coming Monday — on September 16 at 10 am PST — announced the US-based exchange on September 13. Dash will go live on Coinbase Pro in supported jurisdictions, not covering New York State and the United Kingdom. The exchange will accept deposits for the digital asset…

China Telecom Releases White Paper on 5G Blockchain Phones

Major phone operator China Telecom has released a white paper on blockchain-powered smartphones in the 5G Era. China Telecom introduced the white paper at the China International Intelligent Industry Expo on Aug. 27, according to a report by local finance news outlet Sina. Existing troubles In the document, China Telecom pointed out the potential benefits…

Ethereum To Activate Its System-Wide Upgrade Testnet Instanbul In October

The launch of Instanbul’s testnet, known as the upcoming hard fork created by the Ethereum blockchain, is set for October. According to Hudson Jameson, the community manager at the Ethereum Foundation, the block that was picked for the launch will be mined around October 2. However, he noted that it would not be surprising…

Malta’s Financial Regulator Promises To Actively Monitor Crypto Firms To Stop Money Laundering

Change is coming to the Crypto Island. The Malta Financial Services Authority (MFSA) has recently promised to “actively monitor” all crypto-related companies in the country to stop them from engaging in money laundering. According to the reports, the regulator has released a three-year plan that ranges from 2019 to 2021….

Bank Of England Chief Asks Community To Embrace A Centralized Crypto Asset To Replace The Dollar

First, they dismiss and laugh at you, then they criticize you, they fight you and you win. This is how the struggle for Indian Independence went according to Mohandas Gandhi, but the same path is kind of similar to the one that cryptocurrencies are going through right now. The only difference is that…

Nestle Digital Head on Obstacles Faced in Implementing Its Blockchain Platform

As the world embraces the wonders and benefits of blockchain technology, companies are looking for the right set of skills to integrate this new technology into their systems. Nestle, the food retail giant, is having challenges implementing its ‘Chain of Origin’ food tracking blockchain solution. In a published interview with TechWire Asia,…