Voyager Digital, a crypto brokerage firm co-founded by a former CTO of Uber, is acquiring crypto wallet startup Ethos, an announcement published by Voyager on Feb. 27 reveals. This acquisition is building on a strategic partnership between Ethos and Voyager, which was first announced in September last year. According to the announcement, the Ethos Universal Wallet software, first released in July 2018, will be integrated into Voyager’s retail and institutional businesses enabling self-custody integrated with a brokerage solution. With the acquisition, Voyager will also obtain access to Ethos Bedrock, an enterprise blockchain application. With Bedrock, the company reportedly hopes to …
JP Morgan-backed digital services firm Smartrac has partnered with SUKU Ecosystem, a blockchain startup headed by former Deloitte exec Eric Piscini, according to a tweet on Tuesday, Jan. 22. SUKU, which is parented by blockchain firm Citizens Reserve, will provide its platform to integrate with Smartrac’s supply chain. Smartrac is a radio-frequency identification (RFID) inlay manufacturer based in the Netherlands. Citizens Reserve reportedly released the alpha version of SUKU last autumn. SUKU is a supply chain as a service platform based on blockchain technology. Piscini, CEO at Citizens Reserve, said that the new partnership aims to resolve major problems related …
Blockchain security firm BitGo has partnered with Bitcoin (BTC) over-the-counter (OTC) trading platform Genesis Global Trading. The partnership intends to allow clients to trade crypto directly from BitGo custody, according to a press release posted today, Jan. 16. Following the recent acquisition of a crypto custodian qualification, BitGo has endeavored to improve its custodial services by protecting clients’ funds through allowing them to trade digital assets without need for withdrawals from hard storage. The new feature enables clients of the BitGo custody service to conduct buy and sell orders directly from the company’s cold storage with no need to manage …
Crypto hardware wallet supplier Ledger has signed an agreement with crypto payment startup Crypto.com to allow users to pay for its products with crypto, according to a press release shared with Cointelegraph on Dec. 19. Hong Kong-based Crypto.com has reportedly signed a Memorandum of Understanding (MOU) with Ledger that will enable Ledger to adopt their service Crypto.com Pay. The payment platform will purportedly allow Ledger clients to pay for products with cryptocurrency. Crypto.com Pay will purportedly be incorporated into Ledger’s online store, where customers will able to make purchases via Crypto.com Wallet and Card application. While the press release does …
The Gibraltar Blockchain Exchange (GBX) announced that it is offering insurance on all of the assets listed on its platform, in an official GBX blog post Dec. 10. The exchange reports that it will use local firm Callaghan Insurance Brokers to insure its assets, specifying that “all assets in the custody of the GBX are fully insured, including both hot and cold wallets.” The policy also reportedly “covers all forms of professional indemnity.” GBX, a subsidiary of the Gibraltar Stock Exchange (GSX), opened in July of this year and has raised a total of $27 million in funding. In the …
Singapore-based cryptocurrency exchange Huobi has officially launched its first branch in Russia on Thursday, Dec. 6, according to a press release shared with Cointelegraph today. The Moscow-based exchange, dubbed Huobi Russia, is established in partnership with the state-owned Russian Development Bank’s (VEB) Digital Transformation Center and supported by Huobi’s regional exchange partnership program, Huobi Cloud. The Center of Digital Transformation was created by VEB to promote blockchain and other crypto-related technologies, as its website states. Back in September of this year, Huobi first joined Russia’s VEB Innovation Fund and became a resident of the Digital Transformation Center to share experience …
Taiwan-based tech giant ASUS has partnered with GPU mining platform Quantumcloud to allow users to mine crypto via their graphic cards, multinational tech media TechRadar reported Thursday, Nov. 30. According to the agreement, ASUS graphic cards owners will be able to mine crypto through Quantumcloud software and withdraw earnings using PayPal or Chinese app WeChat. The new partnership allows gamers to monetize idle GPUs when the units are not occupied by graphic-consuming processes by mining cryptocurrencies such as Bitcoin (BTC). However, Quatumcloud does not guarantee specific profits or outcomes for users, stating that users have to consider usage costs on …
American software corporation Microsoft will integrate its Azure Blockchain technology into stock exchange Nasdaq Inc.’s Financial Framework (NFF), according to an Oct. 30 press release. Per the recent announcement, Microsoft will integrate its Azure blockchain service with NFF, a technology which provides software for trading infrastructure and operations outsourcing, and fulfills Nasdaq’s risk and surveillance technology offering. Within the collaboration, the parties will reportedly develop a “ledger agnostic blockchain capability” that will allow for operability across multiple ledgers. The new product will purportedly facilitate easier buyer and seller matching, management of delivery, and payment and settlement of transactions. Integrating Azure …
Hitachi Payments has partnered with the State Bank of India (SBI) to establish a nationwide digital payments platform, according to a press release published by Hitachi Oct. 29. Under the aegis of the government’s “Digital India” campaign, Hitachi will provide SBI with solutions including its Internet-of-Things (IoT) platform "Lumada," which was implemented as the base platform for a major blockchain proof-of-concept (PoC) for supply chain management undertaken with Japan’s Mizuho Financial Group last year. Hitachi Payments is a wholly-owned subsidiary in India of multinational tech conglomerate Hitachi, which provides technology-led payment solutions for financial institutions. It reportedly has 55,000 ATMs …
The venture capital wing of the official newspaper of the Communist Party of China (CCP) — People’s Daily Online — has signed a deal for a strategic partnership on a blockchain laboratory Oct. 23, according to a press release. People’s Capital signed a deal with Shenzhen-based technology company Xunlei Limited. Per the terms of the agreement, the two companies will construct a laboratory for “technology innovation” at the People Capital’s Blockchain Research Institute. In addition to researching blockchain application in various use cases, the partners will also build a “high-level industrial service platform” to organize competitions, seminars, workshops, and promote …
The unconfirmed “partnership” between decentralized internet project TRON (TRX) and China's largest internet search provider Baidu will center on cloud computing resources, not blockchain, according to a report published by ODaily October 15. The report, as cited and translated by local crypto news source CNLedger, states that Baidu Cloud and TRON have closed a deal to cooperate in terms of “basic cloud business”; it claims that both parties will work to maximize intercompatibility and “to build, operate and debug blockchain products” based on Baidu Cloud. However, according to the report, the partnership remains focused on the purchase and use of …
The team of cryptocurrency project TRON (TRX) has reportedly partnered with China's largest Internet search provider Baidu. Crypto market news service Coinness has claimed this in a tweet Thursday, Oct. 11, citing its private correspondence with TRON’s team. Neither TRON nor Baidu have been able to confirm the partnership to Cointelegraph as of press time. Without specifying the details of the partnership, Coinness has claimed that the deal between TRON and China’s Internet giant Baidu will be “officially” revealed by the cloud storage service Baidu Cloud “next week.” While Coinness claims that TRON has exclusively confirmed the partnership in private …