Blockchain Bites: $187M Blockchain Bond, $522M BTC Mining Revenue and ‘Ethere...
Singapore is funding blockchain R&D. Germany's second-largest stock exchange's crypto app saw $1.21 billion in trading volumes this year. Grayscale is seeing a growing number of "Ethereum-first" institutional buyers.
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The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.
This special edition of Blockchain Bites covers everything you need to know from invest: ethereum economy and the news from elsewhere in the cryptoverse.
The $3 billion blockchain bond has been effectively cancelled. China Construction Bank’s $3 billion blockchain bond has been reportedly withdrawn following an initial delay.Fusang Exchange, a Malaysian cryptocurrency exchange that was to be responsible for listing the bond, said that it has been withdrawn at the issuer’s request.According to Reuters on Nov. 23, CCB’s branch in Labuan informed Fusang Exchange on Nov. 20 that the bond issuance would not proceed.The blockchain-based bond was to be issued by Longbond Ltd, a special purpose platform designed solely to issue digital bonds and....
Bitcoin miners have had a tough month, with revenue and profitability tanking in May. Hash rates remain high, however. Bitcoin mining revenue and profitability have continued to slide along with the asset's price this year as the crypto winter deepens.May has been one of the worst months for Bitcoin miners in the past year as revenue and profitability continue to tank. Bitcoin daily mining revenue tanked as much as 27% in May, according to data from Ycharts sourcing data from Blockchain.com.On May 1, the analytics provider reported daily revenue of $40.57 million for BTC miners, but by the....
The Commonwealth Bank of Australia (CBA) has announced the issuance of a ‘cryptobond’ for the Queensland Treasury Corporation (QTC), with the claim as the first blockchain bond issuance by a government entity in Australia or anywhere the world. The Australian banking giant has further claimed that the Queensland Treasury Corporation – the state government’s central financing authority – has already used its permissioned private blockchain platform to generate a bond tender, see instant settlements with investors after viewing their bids in real time while finalizing investment allocation.....