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OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets

OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets

BOSTON, MA – JANUARY 20, 2021 - Financial Instruments Global Identifier® (FIGI®) is an open standard for the issuance of unique identifiers that can be assigned to financial instruments including common stock, options, derivatives, futures, corporate and government bonds, municipals, currencies, and mortgage products.

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).

Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts

Chinese E-Commerce Giant JD.com Launches Enterprise-Level Blockchain-Based Smart Contracts

Chinese e-commerce giant JD.com, also known as Jingdong, has successfully launched two enterprise-level applications, including blockchain-based smart contracts, and the protection of commercially confidential information. These two applications were launched on JD’s independently-developed proprietary blockchain, JD Chain. The JD Chain blockchain framework was made open sourced around a year ago, five months after the company launched the JD Blockchain Open Platform enabling companies to use JD’s platform using pre-built APIs. The blockchain protocol has been opened up to allow enterprises to built custom solutions.

StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond

StanChart and UnionBank of the Philippines Collaborate on PoC of $187 Million Blockchain-Powered Bond

The UnionBank of the Philippines and Standard Chartered have created a proof of concept required in the issuance of a blockchain-powered retail bond.

LINE Messaging App Launches Digital Asset Wallet and Blockchain Platform to Run Dapps and Tokens

LINE Messaging App Launches Digital Asset Wallet and Blockchain Platform to Run Dapps and Tokens

LINE communications app recently launched a new blockchain digital wallet that can be used to manage various crypto assets.

Thailand Blockchain Community Partners with IBM to Expand $300M Electronic Letter of Guarantee Platform

Thailand Blockchain Community Partners with IBM to Expand $300M Electronic Letter of Guarantee Platform

Thailand Blockchain Community Initiative (BCI) has joined hands with IBM to extend the scope and reach of the blockchain-powered electronic letter of guarantee.

Ethereum Open Interest Hits All-Time High as 100% of ETH Addresses in Profit

Ethereum Open Interest Hits All-Time High as 100% of ETH Addresses in Profit

Ethereum open interest hits an all-time-high and 100% of ETH addresses are now in profit.

Bank of Lithuania Has Commenced the Issuance of its LBCOINS to the Public

Bank of Lithuania Has Commenced the Issuance of its LBCOINS to the Public

Following the launch of its digital collectibles dubbed “LBCOINS,” the Bank of Lithuania has announced that it has commenced the issuance of the LBCOINS to the members of the public. The issuance of LBCOINS is a landmark step in the worldwide drive towards achieving a financial era dominated central bank digital currencies (CBDC).

Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured

Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured

US-based Kraken has been among the crypto exchanges that has welcomed Ethereum 2.0 staking with open arms.

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions

Finastra and Microsoft Corp have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services and help realise and open source future for finance.

North Korean macOS Malware Detected on Crypto Platform

North Korean macOS Malware Detected on Crypto Platform

North Korean hackers known as the Lazarus group are believed to be behind the malicious piece of macOS malware that is capable of removing payloads from crypto-sites and running them as memory. The malware was barely detected by security researchers who claim this is the second attack in as many months by Lazarus.

Brazil Could Deploy CBDC by 2022, Says Central Bank President

Brazil Could Deploy CBDC by 2022, Says Central Bank President

According to Brazil’s Central Bank president Roberto Campos Neto, the country has all the necessary implementations set in place for a digital currency issuance to happen in 2022.

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