Tag Archives: Using

Iota Foundation Partners With Incubator Nova to Fund Startups Using Blockchain

The Iota Foundation, the company behind the cryptocurrency Iota (MIOTA), announced its partnership with startup incubator Nova through a press release shared with Cointelegraph on Feb. 18. Continue reading Iota Foundation Partners With Incubator Nova to Fund Startups Using Blockchain

UAE-based Finablr Begins Cross-border Payments Using Ripple (XRP)

A foreign exchange company based in the United Arab Emirates (UAE) has begun using Ripple’s blockchain technology to complete cross-border remittance payments. Finablr, a firm which owns and operates both the UAE Exchange and Unimoni, will initially adopt the technology to make payments to Thailand, with a view to expanding into other countries over time. Continue reading UAE-based Finablr Begins Cross-border Payments Using Ripple (XRP)

Forget Bitcoin: Why Criminals are Using Fortnite to Launder Illicit Funds

With well over 200 million users across the globe, few video games have as large a following as Fortnite. The freemium game is so popular that its developer, Epic Games, banked $3 billion in 2018. However, according to a report on the Independent, Epic Games isn’t the only entity getting rich off Fortnite. V-Bucks, the game’s official in-game currency, are increasingly being used as a tool for money laundering on the dark web. Continue reading Forget Bitcoin: Why Criminals are Using Fortnite to Launder Illicit Funds

Pakistan’s First Blockchain-Based Remittance Service Launched Using Alipay’s Technology

A Pakistani financial institution has rolled out a cross-border remittance service based on blockchain technology developed by Alibaba affiliate, Alipay. Continue reading Pakistan’s First Blockchain-Based Remittance Service Launched Using Alipay’s Technology

Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain

Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has closed a €150 million loan using blockchain technology with Porsche Holding, the largest car distributor in Europe. The news was reported by financial news site Finextra Dec. 14. Continue reading Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain