[ad_2][ad_1] According to a new report from blockchain analytics firm Crystal Blockchain, $ 7.6 billion worth of cryptocurrencies has been stolen since 2011. The total figure splits into two sadly predictable buckets: hacks and scams. The report found that $ 2.8 billion was stolen due to security breaches, the most …
Read More »Ripple, the fourth largest Fintech company in the world worth $ 10 billion
[ad_2][ad_1] Large entities in recent times have steadily increased the way they transfer the world’s flagship cryptocurrency, Bitcoin, as its price hovers above $ 15,000. These are triggered by cryptocurrency traders and investors rushing to have a stake in this rapidly evolving crypto asset. Data recovered from a BTC Bitcoin …
Read More »China’s leading state-owned bank uses Blockchain to sell $ 3 billion worth of bonds
[ad_2][ad_1] China Construction Bank, one of the nation’s four large state-owned banks, partnered with a Hong Kong-based fintech company Fusang launch the sale of $ 3 billion worth of debt securities using blockchain in hopes of reducing the costs of services traditionally associated with financial intermediaries. The digital bonds, which …
Read More »The Chinese lender taps Fusang to issue $ 3 billion worth of bonds on the Blockchain
[ad_2][ad_1] China Construction Bank (CCB) has partnered with Fusang, the Hong Kong-based digital asset exchange, to issue $ 3 billion worth of debt on a blockchain. Announced Wednesday, this is the first offering of blockchain digital securities from a Chinese bank. The bond is called Longbond SR Notes and will …
Read More »Major Chinese bank selling $ 3 billion worth of bonds for Bitcoin
[ad_2][ad_1] China Construction Bank, one of the “big four banks” in China, sells $ 3 billion in bonds that can be paid for with bitcoin. The bonds will be listed on a regulated Malaysian digital stock exchange. The Beijing-based China Construction Bank (CCB) is selling $ 3 billion in bonds …
Read More »The second largest bank in the world to issue $ 3 billion in Bitcoin-tradable bonds
[ad_2][ad_1] China Construction Bank (CCB) leveraged Hong Kong-based digital asset exchange Fusang to issue $ 3 billion worth of debt on a blockchain. According to a report on Wednesday by the South China Morning Post, the tokenized bond certificates will be issued through the branch of the state-owned bank Labuan, …
Read More »Crypto winter and the pandemic cut $ 2.8 billion from blockchain revenues
[ad_2][ad_1] According to new statistics from ABI Research, blockchain and cryptocurrency revenues could take a $ 2.8 billion hit by the end of 2020 as it struggles to overcome the 2018 “ crypto winter ” and the fallout from the COVID-19 pandemic. Crypto winter is the nickname for a period …
Read More »Nigeria Aims $ 10 Billion From Blockchain Technology By 2030 | The Guardian Nigeria News
[ad_2][ad_1] PHOTO: GettyImages Nigeria aims to make up to $ 10 billion from Blockchain technology by 2030, said National Information Technology Development Agency (NITDA) CEO Kashifu Inuwa Abdullahi. Abdullahi, who revealed this yesterday in Abuja to the Stakeholder Engagement for the Review of the National Blockchain Adoption Strategy, said the …
Read More »A look at ‘Individual X’ and the Silk Road’s seized stash of $ 1 billion worth of Bitcoin
[ad_2][ad_1] On November 3, 2020, the cryptocurrency community noted that one of the largest addresses holding 69,369 bitcoins from the Silk Road was transferred. Following the onchain movement, the US government revealed that it seized the coins from a person they dubbed “Individual X”. The following is an in-depth look …
Read More »One billion dollars worth of Bitcoin moved by an unknown identity
[ad_2][ad_1] KuCoin CEO Johnny Lyu recently revealed via his Twitter feed the recovery of most of the cryptocurrencies stolen by hackers a few weeks ago, which caused a wave among cryptocurrency investors in the crypto-verse. In a report seen by Nairametrics, KuCoin’s CEO said around 84% of affected cryptocurrencies have …
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