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Spain’s BBVA Opens Bitcoin Trading to All Private Banking Clients in Switzerland

Spain’s second-largest bank, BBVA, is opening up its bitcoin trading and custody service to all private banking clients in Switzerland in a few days. The bank has been testing the cryptocurrency service for six months. “The bitcoin management system is fully integrated” in the bank’s app, “where its performance can be viewed alongside that of the rest of the customers’ assets, funds, or investments.” BBVA’s Fully Integrated Bitcoin Service Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) announced Friday that BBVA Switzerland will open a bitcoin trading and custody service to all private banking clients on June 21. The bank has been…

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Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan

Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be implemented in partnership with two local companies that will also provide the enterprise with an array of services. The total amount of the investment will exceed $9 million. Kazakhstan to Host New 100 MW Crypto Mining Facility Bit Mining announced this week it has entered into a binding investment term sheet with a Kazakhstani entity. The two companies will cooperate on the construction of a new crypto mining facility in the Central Asian republic. The Chinese firm will have…

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Smart Contract Audit Services

Smart Contract runs on the blockchain platform. Though smart contract ensures integrity, tamper-proof, decentralized, and automated, we need to ensure the security of smart contract too. For this, we need to involve the auditors who conduct security audits on the smart contract. Smart Contract Audit Company identifies bugs present in the code that can lead to security vulnerabilities like a huge loss of money, theft, and loss of personal data. It is usually conducted by external auditors and eventually removes the flaws in the code and provides you an extra layer of security. Bug-free code is nice to have in…

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Blockchain newsletter for March: Exploring blockchain and interoperability

Moderna and IBM plan to collaborate on smarter COVID-19 vaccine management. Initial focus is on IBM Blockchain capabilities in end-to-end vaccine traceability in the supply chain and the IBM Digital Health Pass. IBM Digital Health Pass is the technology behind New York State’s Excelsior Pass, successfully piloted at Barclays Center and Madison Square Garden. Would […] The post Blockchain newsletter for March: Exploring blockchain and interoperability appeared first on Blockchain Pulse: IBM Blockchain Blog.

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Blockchain and trade finance

According to the 2020 Global Trade Survey from the International Chamber of Commerce, trade and trade finance are in a state of global uncertainty, in part due to COVID-19. While many banks surveyed expressed concern over pandemic-related declines in trade flows and revenues, the survey also found that lockdowns and working from home are hastening […] The post Blockchain and trade finance appeared first on Blockchain Pulse: IBM Blockchain Blog.

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Blockchain Newsletter for February: Sustainability, COVID-19, crypto and digital events

Of the 96 companies that have been included in the Forbes Blockchain 50 since 2019, only 12 have made the list for all three years — including IBM. Three other 2021 listees have partnered with IBM for their claims to Forbes fame. A.P. Moller-Maersk made the list for TradeLens, the international shipping platform co-created with […] The post Blockchain Newsletter for February: Sustainability, COVID-19, crypto and digital events appeared first on Blockchain Pulse: IBM Blockchain Blog.

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What kind of (legal, moral) service would people pay me Bitcoin for? [closed]

I'm desperately trying to make money. I barely have the energy to type this, but I need to press on. Bitcoin is the only feasible option left for me. I'm trying to determine some kind of web service, e-mail service or some kind of database/system involving some sort of data processing by me which is valuable to others, and which would make them want to pay me Bitcoin for. I have no idea how I'm going to be able to market it, and I don't even know what I could possibly provide that anyone would actually want to pay for.…

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How can I get more than 1 BTC on testnet?

The only way I know of to get testnet coins is through faucets such as the following. https://testnet-faucet.com/btc-testnet/ https://testnet-faucet.mempool.co/ https://kuttler.eu/en/bitcoin/btc/faucet/ https://coinfaucet.eu/en/btc-testnet/ I found these faucets with a search. They seem to be actively maintained but only give 0.01 tBTC at most. Sometimes they are down or not working for me. I would like to get at least 1 tBTC to test an application which is expecting more around 0.8 tBTC. How can I get more tBTC? I would be OK with paying for some tBTC. 1 tBTC would take a long time to collect using faucets, and I feel I…

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Blockchain Newsletter for August: How the world is putting blockchain to work

Blockchain is widely recognized for its use cases in the supply chain, from track and trace capabilities and provenance transparency to dispute resolution and streamlining communications between participants in a complex network. Active projects can be found in supply chains for food, beverages, aerospace, automotive and shipping, to name a few. Blockchain-enabled trading networks like […] The post Blockchain Newsletter for August: How the world is putting blockchain to work appeared first on Blockchain Pulse: IBM Blockchain Blog.

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South Korea’s Largest Bank Unveils Bitcoin Custody Services

KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with the Korean Intellectual Property Office. The trademark is called Kbdac. It covers more than 20 crypto-related areas. According to a statement on August 7, KB said it predicts that the crypto industry will evolve beyond virtual currencies to include other traditional assets such as real estate and artwork that will be issued and traded on…

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South Korea’s Largest Bank Unveils Bitcoin Custody Services

KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with the Korean Intellectual Property Office. The trademark is called Kbdac. It covers more than 20 crypto-related areas. According to a statement on August 7, KB said it predicts that the crypto industry will evolve beyond virtual currencies to include other traditional assets such as real estate and artwork that will be issued and traded on…

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Gibraltar Financial Services Commission Grants DLT Licence to Currency.com 

by Richard Kastelein Regulated crypto assets platform Currency.com has been awarded a full Distributed Ledger Technology (DLT) licence that will allow Currency.com to utilise DLT to store and transfer crypto assets by the Gibraltar Financial Services Commission (GFSC). “Gibraltar has been working on financial regulation in this area for many years and has a strict application process for crypto companies. Our Gibraltar licence is an important endorsement for the platform and further confirms our adherence to the most stringent standards, providing the highest level of safety and security for our traders,” said Jonathan Squires, Currency.com’s CEO. “Not only has Gibraltar’s…

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