Blockchain Supply Chain Platform Gains Metals Giant Glencore as Member

British-Swiss commodity trading and mining company Glencore will use an IBM-developed blockchain solution to track cobalt.  In a press release issued on Dec. 12, Glencore confirmed it had joined the Responsible Sourcing Blockchain Network (RSBN), a joint partnership between various major corporations leveraging the technology to improve supply chain transparency.  Glencore: blockchain aids good practice RSBN is the brainchild of global sourcing audit and advisory RCS Global Group. It uses the IBM Blockchain platform and is powered by Hyperledger Fabric.  “RSBN plays a key role in advancing the sustainable partnership…

Huobi’s US-Based Crypto Trading Platform HBUS Ceases Operations

HBUS, the operator of United States-based crypto exchange Huobi.com, is ceasing its operations, according to a tweet posted on Dec. 9. San Francisco-based cryptocurrency trading platform HBUS said in the announcement: “We regret to inform you that HBUS will need to cease operations so that it can return in a more integrated and impactful fashion as part of its ongoing strategic layout.” The move comes right after Huobi Global announced that it would freeze all U.S. customers’ accounts by mid-November. Explaining the decision, Huobi stated that the American regulatory environment…

Tezos Partners With Singapore Gov’t Blockchain Platform for Training Program

Tezos has partnered with Singapore government-backed blockchain platform Tribe to jointly launch a training program for developers on the Tezos blockchain. According to a Nov. 21 blog post, Tezos’s non-profit arm Tezos Southeast Asia (TSA), which is dedicated to promoting Tezos in the region, collaborated with Tribe in order to attract more developers to create Tezos blockchain-based solutions for real-world applications. The training program is set to roll out in the first quarter of 2020. Commenting on the collaboration, Caleb Kow, president of TSA, said, “by enabling trainers with a…

Crypto.com Grows Offerings With New Exchange and Fundraising Platform

Crypto.com announced the launch of a new exchange Thursday, in an expansion of the Hong Kong-based firm’s list of crypto services. The exchange opens up to beta testers Nov. 18 and to the wider public in December, according to a press release. The three-year-old company has also unveiled a fundraising platform for crypto startups. Previously known for issuing custodial wallets and crypto-backed debit cards, the new exchange bolsters CEO and co-founder Kris Marszalek’s vision of creating full services experiences for his one million wallet holders. Marszalek said the launch is tactical…

Unveils Platform for Minting Enterprise

It goes without saying that the blockchain industry has come a long way over the last decade, and it is no wonder that an idea like that of blockchain tokens is finally taking concrete shape. In a new development that is going to cause waves in the crypto sphere, tech behemoth Microsoft announced that it is going to create a platform that is going to help create crypto tokens with ease. Microsoft has stated that creating crypto tokens is going to be made far easier through this platform, and it…

Jack Dorsey Backs $10 Million Round for Token Offering Platform CoinList

Token offering platform CoinList has raised $10 million with backing from Twitter and Square CEO Jack Dorsey. CoinList announced Wednesday the closing of a funding round led by Polychain Capital and joined by Dorsey and Collaborative Fund. The capital will go towards the further development of CoinList Trade, a new exchange platform, along with a crypto wallet, according to the Wall Street Journal and a company Medium post. The latest funding round follows a 2018 Series A joined by Polychain Capital and Digital Currency Group, among others. Dorsey’s investment is reportedly…

Vanguard Developing Blockchain Platform for $6 Trillion Forex Market

Mutual fund giant Vanguard has partnered with Nasdaq Ventures-backed blockchain startup Symbiont to develop a trading platform for the $6 trillion currency market, the companies said. With the new platform, Vanguard, which manages $5.2 trillion, aims to lower transaction costs for the trillions of dollars worth of currencies it trades annually by boosting peer-to-peer trading for investors, connecting them directly via blockchain technology. Symbiont CEO Mark Smith told CoinDesk the company teamed up with Vanguard to build the currency platform, confirming a Bloomberg report that cited an anonymous source. The platform…