International developments: Microsoft will shut down its Azure blockchain service on September 10 this year

SWIFT, a global provider of financial security information services, wants to continue and expand the role it currently undertakes and become a trusted intermediary for cross-border CBDC payments.

International developments: Microsoft will shut down its Azure blockchain service on September 10 this year
  1. Microsoft will shut down its Azure blockchain service on September 10 this year Microsoft will shut down its Azure blockchain service on September 10, 2021, according to ZDNet on May 12. Until then, Microsoft still supports existing Azure deployments, but as of May 10, it will no longer support any new deployments or member creation. Microsoft documentation suggests that its users can now begin migrating to other blockchain networks (ConsenSys Quorum Blockchain Service is recommended) or choose to manage their blockchain autonomously using a virtual machine. Link to original article: https://www.zdnet.com/a target=”_blank” ticle/microsoft-is-shutting-down-its-azure-blockchain-service/
  2. Figure Securities Receives SEC Approval to Sell Securities on its Blockchain Figure Securities, a subsidiary of blockchain lending company Figure Technologies, has received approval from the U.S. Securities and Exchange Commission (SEC) to become a securities dealer and run an alternative trading system for digital securities hosted on the company’s Provenance blockchain, American Banker reported May 12. Mike Cagney, CEO of Figure, said, “We can provide real-time settlement capabilities, transparency and liquidity that traditional markets don’t offer.” Link to original article: https://www.americanbanker.com/news/figure-wins-sec-approval-to-sell-securities-on-its-blockchain
  3. EV Battery Tech is developing a blockchain system that can reduce the need for battery and electric vehicle maintenance Blockchain and battery technology company Extreme Vehicle Battery Technologies Corp. (EV Battery Tech) is developing a blockchain system that can reduce the need for battery and electric vehicle maintenance, Auto Service World reported May 12. The solution combines EV Battery Tech’s proprietary battery management system (BMS) with blockchain technology. Link to original article: https://www.autoserviceworld.com/blockchain-based-system-could-be-solution-for-battery-and-ev-maintenance/
  4. DMG Blockchain to Participate in Benzinga Global Small Cap Conference on May 14 On May 12, blockchain and cryptocurrency technology company DMG Blockchain Solutions Inc. announced that it will participate in the Benzinga Global Small Cap Conference (BGC) on May 14. At the conference, DMG CEO Sheldon Bennett will deliver a corporate presentation at 4:45 p.m. EST. Bennett will also participate in a panel discussion titled “How Digital Currency is Disrupting Finance” at 11:10 a.m. EST that day. Source: GlobeNewswire Link to original article: https://www.globenewswire.com/news-release/2021/05/12/2228091/0/en/DMG-Blockchain-Solutions-Inc-to-Present-at-the-Benzinga- Global-Small-Cap-Conference-and-Participate-in-Cryptocurrency-Panel-Discussion-on-May-14-2021.html
  5. India’s Kerala Digital University Launches Online Blockchain Startup Program The Digital University of Kerala (DUK) announced that it will partner with the Entrepreneur Development Institute of India (EDII), the city of Ahmedabad and the Kerala Blockchain Academy to launch the online Certified Blockchain Startup Program to help entrepreneurs and startups improve their capabilities in cutting-edge digital technologies and industry creation, according to YourStory on May 12. Link to original article: https://yourstory.com/2021/05/digital-university-kerala-unveils-blockchain-startup-programme/amp
  6. Wolfram Blockchain DLT Platform Integrates with IPFS and Filecoin Open Source Protocols Wolfram Blockchain Labs (WBL) announced the integration of its DLT platform with the IPFS and Filecoin open source protocols, reported Korea IT Times on May 13. the WBL platform adds IPFS and Filecoin decentralized bulk storage capabilities to round out its existing blockchain support. wolfram, under the guidance of Max Planck Digital Library, created an initial application using the Wolfram Language and IPFS integration that can help scientists hash data on the open bloxberg while storing metadata and data in IPFS for sharing. Link to original article: http://www.koreaittimes.com/news/a target=”_blank” ticleView.html?idxno=105772
  7. dltledgers Launches SmartFin, a Blockchain Platform for SME Trade Finance Singapore-based fintech company dltledgers has launched SmartFin, a blockchain platform for small and medium-sized enterprises (SMEs) to obtain trade finance from alternative financial institutions, according to Global Trade Review on May 12. dltledgers revealed that more than 400 companies have signed up and can now obtain trade finance from a handful of non-bank financial institutions. financing, including TradeFlow, Drip Capital, Funding Society, Crowd-Genie, Stenn International and Capital Match. Link to original article: https://www.gtreview.com/news/fintech/dltledgers-targets-sme-trade-finance-with-new-blockchain-platform/
  8. MoneyGram to Support Retail Bitcoin Purchases in the U.S. MoneyGram, a money transfer and payment services company, announced a partnership with cryptocurrency exchange and bitcoin ATM operator Coinme Inc. that will allow U.S. customers to withdraw their cryptocurrency holdings and also purchase bitcoin and other cryptocurrencies through corresponding physical points of sale, CoinTelegraph reported on May 12. Link to original article: https://cointelegraph.com/news/moneygram-to-allow-retail-bitcoin-buying-in-the-us
  9. Bitrue Exchange Invests $50 Million to Support Cryptocurrency and Blockchain Startups The Bitrue cryptocurrency exchange has announced a $50 million investment fund aimed at backing cryptocurrency and blockchain startups, CoinTelegraph reported on May 12. According to a recent announcement, the exchange is investing in cryptocurrency use case projects that facilitate the development of the emerging blockchain ecosystem. 70 percent of the $50 million will be presented in the form of Tether (USDT), with the remaining 30 percent coming from Bitrue’s native token, Bitrue Coin (BTR). Link to original article: https://cointelegraph.com/news/bitrue-floats-50m-cryptocurrency-investment-fund
  10. Cryptocurrency Asset Manager Hashdex Raises $26 Million Rio de Janeiro-based cryptocurrency asset manager Hashdex has raised a total of $26 million from investors in a new funding round, CoinTelegraph reported on May 12. The round was led by venture capital firm Valor Capital Group, with participation from Coinbase Ventures, a Coinbase exchange venture capital fund, and SoftBank, a Japanese venture capital firm. Link to original article: https://cointelegraph.com/news/major-brazilian-crypto-asset-manager-secures-26m-funding
  11. Crypto.com Becomes First Cryptocurrency Company to Receive Malta Class 3 Virtual Financial Asset License Crypto.com has now become the first cryptocurrency company to receive a Class 3 Virtual Financial Assets license in Malta, CoinTelegraph reported on May 12. The license was granted by the Malta Financial Services Authority (MFSA) and contributes to the widespread recognition of digital assets across the EU. As a licensed Category 3 VFA service provider, Crypto.com will be subject to more stringent governance, compliance and security requirements. Link to original article: https://cointelegraph.com/news/crypto-com-becomes-first-cryptocurrency-platform-to-receive-mfsa-class-3-license
  12. SWIFT wants to become a trusted intermediary for cross-border CBDC payments On May 12, SWIFT, a global provider of financial security information services, and Accenture published a joint article on Central Bank Digital Currency (CBDC). SWIFT wants to continue and expand its current role and become a trusted intermediary for cross-border CBDC payments. Source: Ledger Insights Link to original article: https://www.ledgerinsights.com/swift-trusted-party-for-cross-border-cbdc-payments-dlt-network/
  13. Bitcoin SV Technical Standards Committee Develops Roadmap for 2021-2023 According to CoinGeek on May 13, the Bitcoin SV Technical Standards Committee has developed its 2021-2023 development roadmap, which clarifies the direction of Bitcoin SV (BSV) evolution. The roadmap summarizes the current standardization outlook for the Bitcoin SV ecosystem, works to help people get a handle on emerging standards, and suggests some areas for future development based on feedback gathered from stakeholders. Link to original article: https://coingeek.com/bitcoin-sv-technical-standards-committee-sets-out-roadmap-for-2021-23/
  14. Crypto Asset Management Company Bitwise Announces New ETF Offering On May 13, crypto asset manager Bitwise announced the issuance of a new ETF that will be listed on the New York Stock Exchange (NYSE) under the ticker symbol BITQ. Bitwise CEO Hunter Horsley said the goal of the ETF is to invest in cryptocurrencies through a “traditional investment platform ” to make investments in cryptocurrencies. Source: Decrypt Link to original article: https://decrypt.co/70649/bitwise-crypto-company-etf-nyse

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