Raiffeisen Bank, Gazprom Partner to Issue Bank Guarantee on Blockchain

The Russian subsidiary of Raiffeisen Bank International has partnered with local state-owned oil giant Gazprom Neft to issue a bank guarantee on blockchain, Russian business newspaper Kommersant reported Nov. 12. According to Kommersant, the bank guarantee was issued to conduct

Digital Bank Revolut Surpasses 3 Million Customers

News U.K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. It currently offers payment and exchange services

Digital Bank Revolut Surpasses 3-Million Customer Mark

News U.K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. It currently offers payment and exchange services

Marc Andreessen: Bitcoin Is A “Very Important Idea”

Marc Andreessen, one of the internet’s foremost entrepreneurs and investors, has recently doubled-down on his pro-Bitcoin sentiment, divulging that cryptocurrency is a “fundamentally new and very important concept.” This notable nod of acceptance from such a luminary indicates that this

Bitcoin Mining Giant Bitmain Shuffles Board Ahead of IPO: Report

Twitter Facebook LinkedIn Bitmain, the world’s largest bitcoin mining firm, has reportedly undergone a major board reshuffle ahead of its initial public offering (IPO), which should set a record for the nascent cryptocurrency industry. Bitmain Sees Major Board Shakeup —

Pure Bit Bamboozles Investors in $2.7 Million ICO Exit Scam

Pure Bit lured investors in with promises of a rewarding ICO then mysteriously vanished, taking 13,000 worth of ETH with them. There’s a Sucker Born Every Minute The South Korean exchange is accused of pulling an exit scam after raising

Iran Removed From SWIFT, Will it Switch to Crypto as Planned?

Twitter Facebook LinkedIn This week, the U.S. officially removed Iran from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network, disallowing the Central Bank of the Islamic Republic of Iran from working with financial institutions worldwide. Iran could eye a

Iran Disconnected From SWIFT, Launches State Backed Crypto Rial

Global provider of secure financial messaging services, SWIFT, has ousted the Central Bank of Iran (CBI) from its financial banking system. The US-led sanctions will make it difficult for Iran to settle its international deals. In response, the authorities in