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China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s top digital bank WeBank has announced its partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives. FISCO BCOS was deemed to be China’s version of Hyperledger Fabric when it was launched in 2018. The Financial Blockchain Shenzhen Consortium (FISCO) is backed by more than 100 Chinese organizations, including Huawei, Tencent, JD Finance, and WeBank, which is partly backed by Tencent. Developed by FISCO, the enterprise blockchain protocol was the first blockchain to be supported by China’s Blockchain Service Network.

EU Authorities Probe Bank-NBFI Ties, Including Crypto

EU Authorities Probe Bank-NBFI Ties, Including Crypto

The EBA and ESRB are investigating the ties between banks and NBFIs, including crypto platforms, to assess potential systemic risks. This initiative reflects concerns about contagion effects in the financial system and is part of global regulatory efforts.

WeBank Blockchain Patents Filings Rank Third Highest Globally for 2019

WeBank Blockchain Patents Filings Rank Third Highest Globally for 2019

China’s WeBank is leading the global banking community in banking technology patents jumping ahead of US giants JP Morgan Chase and Bank of America with 632 filed patents in 2019.

Fireblocks Integrates Astar Network, Boosting Secure DeFi Access for Institutions

Fireblocks Integrates Astar Network, Boosting Secure DeFi Access for Institutions

Fireblocks has now incorporated Astar Network. With the new integration, over 650 banks and financial institutions can now tap into Astar's thriving DeFi ecosystem, as well as trade, swap, and lend digital assets on Astar via Fireblocks.

SEBA Bank Secures SFC License, Expanding Crypto Services to Hong Kong

SEBA Bank Secures SFC License, Expanding Crypto Services to Hong Kong

Swiss cryptocurrency bank SEBA Bank has been granted a Hong Kong Securities and Futures Commission license to offer trading, distribution, advisory, and asset management services in the Asia Pacific region.

Aussie Baseball Team Perth Heat to Start Paying Players and Staff in Bitcoin

Aussie Baseball Team Perth Heat to Start Paying Players and Staff in Bitcoin

Australian baseball team Perth Heat is incorporating Bitcoin into its business practices and is making preparations to offer salaries in the cryptocurrency.

Machine Learning Network Fetch.ai Shares Vision of Interoperable Blockchains

Machine Learning Network Fetch.ai Shares Vision of Interoperable Blockchains

Fetch.ai has a vision: to bring machine learning services to every ledger and blockchain.

eBay Announces Acquisition NFT Marketplace KnownOrigin

eBay Announces Acquisition NFT Marketplace KnownOrigin

eBay said the acquisition of KnownOrigin would enable it to capitalize on the growing NFTs economy. The global sales value of art and collectables NFTs saw a significant surge in 2021, reaching $11.16 billion over the past years.

Trust Wallet Discloses Security Flaw Resulting in $170k Loss

Trust Wallet Discloses Security Flaw Resulting in $170k Loss

Crypto wallet Trust Wallet has reported a security vulnerability, resulting in almost $170k in losses for some users. The vulnerability has been fixed after Trust Wallet found out about it through its bug bounty program.

Bitcoin Bulls Should Gear Up, SEBA CEO Predicts $75K ATH in 2022

Bitcoin Bulls Should Gear Up, SEBA CEO Predicts $75K ATH in 2022

Guido Buehler, the Chief Executive Officer of crypto-focused Swiss-based SEBA Bank is optimistic the digital currency will grow to a new ATH of $75,000 this year.

Deutsche Bank Sees Bitcoin Touch $28,000 By 2022 End, But Warns of Risks Ahead

Deutsche Bank Sees Bitcoin Touch $28,000 By 2022 End, But Warns of Risks Ahead

Deutsche Bank (DB) issued its report on Wednesday that said the free fall in the crypto market could continue due to the complexity of its system.

Reserve Bank of Australia Rolls Out CBDC Pilot Project

Reserve Bank of Australia Rolls Out CBDC Pilot Project

The Reserve Bank of Australia (RBA) has launched a year-long trial to explore a central bank digital currency's (CBDC) business models and innovative use cases.

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