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South Korean Bank, KB Kookmin, Shares Blockchain Strategy

South Korean Bank, KB Kookmin, Shares Blockchain Strategy

KB Kookmin, a major South Korean bank, is planning to adopt blockchain technology into its internal processes.

BORA to Establish Cross Chain with Polygon in expanding Web 3.0 Market: KBW 2022

BORA to Establish Cross Chain with Polygon in expanding Web 3.0 Market: KBW 2022

South Korean-based and blockchain-based content platform operator BORANETWORK (BORA) announced Wednesday to establish a cross-chain with Polygon to expand the global ecosystem and user liquidity contact points.

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

With the readiness of government-backed Swiss bank, bank Basler Kantonalbank (BKB) to offer crypto custodial services, the financial service sector is an inch closer to driving mainstream adoption of blockchain technology

BNB Chain Launches Zero-Knowledge Proof Scaling Tech

BNB Chain Launches Zero-Knowledge Proof Scaling Tech

The zero-knowledge proofs utilize mathematical proofs to allow the verification of specific data without the requirement to reveal the details.

NVIDIA AI Workbench Revolutionizes AI Application Development

NVIDIA AI Workbench Revolutionizes AI Application Development

NVIDIA AI Workbench streamlines AI development by simplifying workflows, enhancing collaboration, and optimizing deployment.

NVIDIA AI Workbench Enhances Collaboration and Prototyping in Hybrid Environments

NVIDIA AI Workbench Enhances Collaboration and Prototyping in Hybrid Environments

NVIDIA's AI Workbench introduces new features for streamlined AI development, enhancing collaboration and rapid prototyping in hybrid environments, according to NVIDIA's latest update.

HKbitEX Receives Provisional Approval for Virtual Asset Trading Platform License in Hong Kong

HKbitEX Receives Provisional Approval for Virtual Asset Trading Platform License in Hong Kong

HKbitEX, a subsidiary of Tykhe Capital, has been granted a Type 1 regulated activity license and a Type 7 regulated activity license for its virtual asset trading platform, making it the first fully licensed digital financial group under the new licensing regime. This marks HKbitEX's commitment to regulatory compliance and investor protection.

UK's NCA Announces Disruption of World's Most Harmful Cyber Crime Group, LockBit

UK's NCA Announces Disruption of World's Most Harmful Cyber Crime Group, LockBit

UK's NCA launched "Operation Cronos" against LockBit, a global cyber crime syndicate, resulting in significant disruptions and the seizure of servers, cryptocurrency accounts, and decryption keys.

Binance Pool Introduces Zero Pool Fees for Nervos Network (CKB) Mining

Binance Pool Introduces Zero Pool Fees for Nervos Network (CKB) Mining

Binance Pool has recently announced the launch of the Nervos Network (CKB) mining service, offering users the opportunity to mine CKB with zero pool fees during the promotion period. Find out how to get started and take advantage of this exciting opportunity.

FTX Control Failures

FTX Control Failures

FTX CEO John Ray III revealed that control failures at FTX were due to a lack of appropriate financial and accounting controls, inadequate group management structure, and the use of software not suitable for large companies. The multi-billion dollar company was managed by inexperienced founders who relied on a hodgepodge of online shared documents and communications.

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

Following the sudden suspension of OKEx's withdrawal services, it has been reported that the exchange's founder Star Xu has been taken into police custody.

South Korean Brokerage Firms Form Consortium for Tokenized Securities

South Korean Brokerage Firms Form Consortium for Tokenized Securities

South Korean brokerage firms KB Securities, NH Investment & Securities, and Shinhan Investment Corporation form a consortium to jointly venture into the tokenized securities market. The collaboration aims to build a common infrastructure and explore strategic business models, targeting cost efficiency and market expansion.

a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3

a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3

a16z leads Blackbird’s $24M Series A funding round to foster a web3-enabled platform aimed at revolutionizing dining experiences and financial prospects for restaurants. Announced on October 4, 2023, this investment marks a significant stride towards intertwining blockchain technology with the gastronomic sector, heralding an enriched era of dining engagements.

US and UK Clamp Down on Trickbot Ransomware Group Behind $833M in Extortions

US and UK Clamp Down on Trickbot Ransomware Group Behind $833M in Extortions

The US and UK have sanctioned eleven members of Russia-based ransomware group Trickbot, following a previous sanction of seven. The sanctions are part of a global effort to combat cybercrime in the blockchain-dominated era.

Exclusive: What are Top 5 FinTech Career Advice for Graduates?

Exclusive: What are Top 5 FinTech Career Advice for Graduates?

Prof. Aris Stouraitis presents how Master of Science in Finance (FinTech and Financial Analytics) offered by Hong Kong Baptist University strives to nurture interdisciplinary talents and he offers the top 5 career advice for graduates who wish to work in FinTech and blockchain industry!

Exclusive: Lack of Interdisciplinarity - Culprit for FinTech Talent Shortage

Exclusive: Lack of Interdisciplinarity - Culprit for FinTech Talent Shortage

Professor Aris Stouraitis, Department Head of Finance & Decision Sciences at Hong Kong Baptist University shares with us the culprit of FinTech talent shortage! He also highlights how financial institutions, governments, and academic institutions can address this problem.

Hong Kong Blockchain Week 2020: Setting DeFi and Blockchain Trends for 2021

Hong Kong Blockchain Week 2020: Setting DeFi and Blockchain Trends for 2021

During a week-long virtual event, speakers from institutions, businesses, regulatory bodies, innovative companies will evaluate the outcomes of 2020 for blockchain, technology and economy, and deliver valuable predictions about what will be trending in the nearest future.

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

Wealth manager, Sandi Bragar, considers PayPal as the best choice for businesses because of its bet on cryptocurrency.

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, the largest commercial bank in South Korea, will start offering Bitcoin custody services through a new partnership with crypto trading firm Cumberland Korea and blockchain venture fund Hashed.

Which Cryptocurrency Has the Highest ROI as of Q1 2020? Bitcoin Only Ranked 5th

Which Cryptocurrency Has the Highest ROI as of Q1 2020? Bitcoin Only Ranked 5th

Which cryptocurrency has the highest Return on Investment (ROI) as of Q1 2020? We have compared the ROI of the top 30 cryptocurrencies with the highest market capitalization on CoinMarketCap.

Hong Kong Blockchain Ecosystem

Hong Kong Blockchain Ecosystem

HK Blockchain Ecosystem

Leading Altcoins in the Market Uptrend Today: SNX, TEL, and OKB

Leading Altcoins in the Market Uptrend Today: SNX, TEL, and OKB

A profile of three of the high performing altcoins during the intraday.

OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge

OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge

OKEx has caused a mild selling panic in the crypto markets after suspending withdrawal services to cooperate with an investigation with the BTC price plunging nearly 3%.

UAE Investors Enable Crypto Trading in Dirhams following Kraken and RAKBANK Partnership

UAE Investors Enable Crypto Trading in Dirhams following Kraken and RAKBANK Partnership

Kraken, a leading cryptocurrency exchange, has joined hands with RAKBANK to enable UAE residents to trade crypto in dirhams through their local bank accounts.

OKB Token Price Rises Over 10% on News of OKEx Exchange Founder’s Release

OKB Token Price Rises Over 10% on News of OKEx Exchange Founder’s Release

Circulating rumors of OKEx exchange founder Mingxing “Star” Xu’s release from the custody of Chinese authorities has seen the OKB token surge over 10% today.

OKG Holdings Says OKEx Founder Investigation Won't Impact Business, OKB Price Plunges Further

OKG Holdings Says OKEx Founder Investigation Won't Impact Business, OKB Price Plunges Further

OKG Technology Holdings Limited has announced that operations won't be affected, despite the PRC investigation into controlling shareholder and OKEx Founder Star Xu.

BookBlocks Plans to Launch NFT Series to Fund Afghanistan Women's Education Drives

BookBlocks Plans to Launch NFT Series to Fund Afghanistan Women's Education Drives

BookBlocks, a Non-Fungible Token (NFT) startup is set to empower Afghanistan’s girls and women in the fight for the girl child education.

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

The largest bank in South Korea, KB Kookmin Bank has revealed its filing of a trademark application for KB Digital Asset Custody (KBDAC), its crypto custody service.

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