CoinShare to launch Bitcoin Exchange-Traded Product on Swiss Stock Exchange

CoinShare to launch Bitcoin Exchange-Traded Product on Swiss Stock Exchange
Jersey-based digital assets manager- CoinShares has reportedly unveiled CoinShares Physical Bitcoin- an exchange-traded product (ETP) with each unit supported by on-chain BTC. The product is expected to carry the symbol “BITC”. In a statement by the company, BITC will be the first product released on the company’s latest institutional-grade platform on January 19, 2021, and will be launched along with assets under management. M

Bankia gives blockchain payments application to FinTech sandbox

Bankia gives blockchain payments application to FinTech sandbox
Blockchain’s unprecedented success has enabled various companies operating in the field to expand globally via being involved in various business tactics and strategies. In one such instance, recently, Bankia- a Spanish financial services firm, announced submitting its blockchain payments solution to a new Fintech sandbox, which is allegedly run by the Ministry of Economic Affairs and Digital Transformation of Spain. It has been reported t

Utopia Genesis makes a move to Polkadot with $1B+ tokenized music rights

Utopia Genesis makes a move to Polkadot with $1B+ tokenized music rights
Utopia Genesis Foundation, an organization that looks toward supporting the development of an open platform for the music industry, has made it to the headlines for its epic transition from Ethereum to a Polkadot parathread this year, with an aim of offering consensus, interoperability, security, and scalability to Utopia users.  Speculations have is that the expansion would allow the organization to provide its ecosystem applications with

PayPal’s bitcoin biz could reach USD 2Bn in revenue by 2023: study

PayPal’s bitcoin biz could reach USD 2Bn in revenue by 2023: study
A recent report published by Don Dolev- an analyst at Mizuho Securities suggested that American online payment platform company- PayPal is likely to earn nearly USD2 billion in terms of revenue from its bitcoin arm by 2023. This year, the firm’s overall revenue is expected to witness a jump of 20%. In a statement, Dolev said that there has been a substantial boom in engagement due to crypto, with nearly half of PayPal’s crypto users

Why are industry leaders banking on biobased oilfield surfactants?

Why are industry leaders banking on biobased oilfield surfactants?
Oilfield surfactants industry players are counting on a rise in oil exploration activities as chemical usage in the oilfields is almost ubiquitous among operators. Oil and gas companies have seemingly exhibited traction for surfactants which they perceive as one of the most prevalent oilfield chemistries for enhanced oil recovery (EOR), corrosion inhibition, flowback aids and drilling fluid applications. Anionic and non-anionic surfactants, for

OCC approves stablecoin payments, opens new avenues for digital assets

OCC approves stablecoin payments, opens new avenues for digital assets
A new interpretive letter from the Office of the Comptroller of the Currency (OCC) providing green signal to the usage of the cryptocurrency, stablecoin, for bank payments is set to open new pathways for the mainstream finance to conduct live testing of digital assets in a relatively secured corner of the market. Apparently, this decision is a consent what some perceive to be the “training wheels” that will allow the development of co

Butterfly Protocol unveils decentralized blockchain-based DNS

Butterfly Protocol unveils decentralized blockchain-based DNS
Apart from registering and handling domain names, the platform would allow each domain address to be used for vivid unique functions, such as messaging, cryptocurrency and more In a recent establishment across the thriving blockchain industry, Butterfly Protocol has reportedly announced launching its new and advanced distributed ledger blockchain-based web naming system particularly designed for the decentralized internet to support distributed

Future FinTech’s blockchain platform allows use of Bitcoin as payment

Future FinTech’s blockchain platform allows use of Bitcoin as payment
The platform can now be used by e-commerce clients that are seeking to accept Bitcoin (BTC) as a payment alternative from consumers Future FinTech – a leading American e-commerce platform and a fintech company, has recently announced that its Japan-based subsidiary DCON DigiPay Limited has concluded the upgradation of its novel mBTC system and technology that will allow the use of bitcoin as a mode of payment. For the record, mBTC system

Cryptocurrency investors alarmed as Bitcoin prices drop dramatically

Cryptocurrency investors alarmed as Bitcoin prices drop dramatically
UK’s financial watchdog warn cryptocurrency investors ahead of Bitcoin’s dramatically dropping prices. Digital currency- Bitcoin hit an all-time high of around USD 42,000 last week and has since fallen close to USD 35,000. Cryptocurrencies have been gaining immense popularity owing to their ability to stand as an easy mode of transaction digitally. However, the currency has been making headlines due to the declining prices of B