Australian stock exchange’s blockchain failure burns market trust
By Byron Kaye SYDNEY (Reuters) – In a Sydney hotel conference room in May, Tim Hogben, the head of securities and payments for ASX Ltd, which runs the Australian stock exchange, told…
Ethereum blockchain to undergo major upgrade to cut energy use
By Elizabeth Howcroft LONDON (Reuters) – A long-awaited software upgrade to the Ethereum blockchain aimed at slashing its huge energy consumption is expected this week, a move proponents say may widen the…
Exclusive-World Bank’s IFC taps blockchain for carbon offsets
By Simon Jessop, Shadia Nasralla and Cole Horton LONDON/NEW YORK (Reuters) – International Finance Corp (IFC), a World Bank affiliate, told Reuters on Wednesday it is backing a blockchain-enabled platform to trade…
U.S. Paystand, Mexico’s Yaydoo merge, to offer blockchain platform
MEXICO CITY – Tech startups Paystand and Yaydoo announced on Wednesday a merger to make way for a blockchain platform focused on cash flow management and liquidity solutions to businesses in the…
Binance’s venture capital arm raises $500 million fund to invest in Web3, blockchain
(Reuters) – Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million for its investment fund focused on companies involved in the blockchain and…
Analysis: Blockchain needs MP3 music moment to win over markets
By Huw Jones LONDON – Blockchain needs its own music industry ‘MP3’ moment as fragmented regulation and technology hamper the development of a digital securities industry that could help realise its full…
Departing WarnerMedia CEO Kilar sees future of Hollywood in the blockchain
By Dawn Chmielewski (Reuters) – WarnerMedia CEO Jason Kilar said the future of Hollywood is in the blockchain as he prepares to leave the media company that he helped lead into the…
SK Hynix CEO says top shareholder to secure $1.6 billion for M&A in chips, blockchain
SEOUL – The CEO of South Korean chipmaker SK Hynix said on Monday that its largest shareholder, SK Square, is considering merger and acquisition deals involving chip companies. “We are considering investment…
Euroclear joins bank-backed blockchain payment system
By Huw Jones LONDON – Securities settlement house Euroclear said on Monday it had joined a consortium of banks building a payment system for tokenised assets in the latest sign of established…
JPMorgan, Toshiba, Ciena find new way to protect blockchain with quantum network
By Elizabeth Dilts Marshall NEW YORK – A team of quantum computing engineers from JPMorgan Chase & Co, Toshiba Corp and Ciena Corp say they have successfully shown that a powerful, newly-developed…
Intel launches blockchain chip to tap crypto boom
– Intel Corp on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. The chip will ship…
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