HSBC Reports 25% Savings in Forex Trade Settlement Using Blockchain

London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for foreign exchange (forex) trade settlement by a quarter, Reuters reported on Feb. 14. According to Mark Williamson — chief operating officer of forex cash trading and risk management…

Fintech Firm Launches App For Crypto Owners to Trade All Markets Without Any Fees

A fintech company is taking on the retail trading industry and giving crypto owners the opportunity to use digital currencies as collateral and to trade across markets with fiat funds — avoiding any commissions or fees. Quantfury says its mission…

Trend of Global Crypto Mining: Despite the US-China Trade War, Activity Surges as Samsung and GMO Enter

Throughout 2018, the cryptocurrency market experienced the fourth worst correction in its nine-year history, as Bitcoin lost more than 69 percent of the value from its all-time high of $19,500. Despite the substantial decline in the price of Bitcoin (BTC),…