Author: Fintech Crypto News

Abu Dhabi Sovereign Wealth Fund Invests in Cryptocurrency Exchange

Abu Dhabi based world’s thirteenth largest sovereign wealth fund, Mubadala Investment Capital, made an investment in MidChains, which is a cryptocurrency exchange.  Mubadala Investment Capital is a state-owned holding company. It was established in January 2017, through the merger of Mubadala Development Company and the International Petroleum Investment Company. It is a wholly-owned investment company of the government of Abu Dhabi, in the United Arab Emirates. The UAE English language newspaper, Gulf News, reported on August 11 that Mubadala Investment capital has invested in MidChains, a type of digital currency platform which is going to launch by the end...

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Major US Accountancy Firm to Offer More than 1,000 Cryptocurrency Payment Options

Armanino, which is known to be as largest accountancy firm of California has announced that it will accept more than 1000 different cryptocurrencies for their auditing and consulting services. Another announcement was made by the company that it is upgrading its own block explorer platform to a cloud-based system which will be allowed for both internal use and use by their clients as stated by a press release from Armanino. Andries Verschelden, Armanino partner and blockchain practice leader stated that “With more fintech companies, banks and brokerages exploring ways to mainstream cryptocurrency, it made sense for Armanino to build...

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Samsung Now Offering 17 Crypto Apps in Blockchain Keystore

Samsung is adding over a dozen new apps in its online blockchain DApp store, Blockchain Keystore.  Samsung’s online dapp store, Blockchain Keystore was launched in March this year. It was started from four applications and now has a total of seventeen. The four initial dapps included a game, a password wallet, a billing app, and a social media app while new dapps include a mixture of products from entertainment app-The Hunters to social media app-Anpan. Samsung has become one of the first among large companies to start cryptocurrency-centric products with the release of the Galaxy S10 this year. Samsung...

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The City of Seoul Will Create a Cryptocurrency for Citizen Rewards

According to a report in the Korean-language Blockinpress, the government of Seoul Metropolitan is going to start its first blockchain-based administrative services in November.  The discussion was held at a conference last month, explaining the specifications, timelines, and goals with the city officials and representatives of the private sector. Three priorities were set to be completed by November.  Services, like participating in public opinion polls and paying taxes will help the citizens win the coins. The blockchain point system will be introduced in the city and the citizens will receive S-coins for the use of public services. The S-coins...

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Mastercard Is Building A Team To Develop Crypto, Wallet Projects

Mastercard, the funds and payments giant, is in search of hiring some blockchain professionals, to steer cryptocurrency and wallet products. According to the career website of the company, they are looking for a director for product development and innovation, director of product management for cryptocurrency and wallets, vice president for product management, a senior blockchain engineer and engineer lead. Mastercard is also seeking experts in blockchain technology.  According to the description of the director of product management for cryptocurrency and wallets, the person should have experience in the field and will also be expected to lead the ideation, definition,...

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