blockchain

Ant Financial Hong Kong venture releases Blockchain service, Jack Ma raises concern

Ant Financial Hong Kong venture releases Blockchain service, Jack Ma raises concern

AlipayHK, a Hong Kong-based joint venture owned by China financial technology firm Ant Financial (ANTFIN.UL) and conglomerate CK Hutchinison Holdings, launched a cash remittance service powered by blockchain, between Hong Kong and the Philippines.Ho..

Cryptocurrency Exchange UpBit Raided by Korean Officials

Cryptocurrency Exchange UpBit Raided by Korean Officials

South Korean officials raided the country’s largest cryptocurrency exchange, Upbit, on Thursday and Friday night on suspicion of fraud, reported Reuters, citing Yonhap News.Yonhap did not provide any further details. Neither Upbit nor the fina..

Second Major Cryptocurrency Ripple May have Made a Premature Leap

Second Major Cryptocurrency Ripple May have Made a Premature Leap

The digital currency wave seems to have pushed ahead of its cryptocurrency opponents, primarily because it is associated with key institutions, and hence has a stamp of practicality and legitimacy.But cryptocurrency enthusiasts claim that centraliza..

Chanticleer Holdings to Use Blockchain for Customer Rewards Program

Chanticleer Holdings to Use Blockchain for Customer Rewards Program

On Tuesday, Chanticleer Holdings Inc. (NASDAQ: BURG), an owner of burger restaurants, announced that it planned to use MobivityMind, which is a blockchain-architected platform, for customer loyalty and rewards program. Shares of the company rose aro..

Bitcoin Drops Over 20% After All Time High

Bitcoin Drops Over 20% After All Time High

Bitcoin prices tanked and plummeted nearly 20 percent after hitting an all time high on Wednesday of $11,273.89. Prices slid back down to almost $9,000 on Thursday. The cryptocurrency slightly recovered, going back up to $9,500 midday on Thursday.De..

Burger King Creates Its Own Cryptocurrency in Russia

Burger King Creates Its Own Cryptocurrency in Russia

Cryptocurrencies are some of the hottest investments this year. Many companies try to gain exposure in this sector. Recently, Burger King, which is operated by Restaurant Brands International Inc (NYSE: QSR), launched its own virtual coin in Russia...

IBM Teams Up with Food Giants on Blockchain

IBM Teams Up with Food Giants on Blockchain

Food giants such as Nestle, Wal-Mart Stores Inc (NYSE: WMT), and Unilever NV (NYSE: UN) have joined together to announce a blockchain collaboration with International Business Machines Corp. (NYSE: IBM). Blockchains is a technology that is based on ..