1. French Lender Societe Generale Issues $112 Million Bond on ethereum
French financial services giant Societe Generale Group has issued about $112 million worth of bonds in the form of a security token on the public ethereum blockchain.
Announced yesterday, a subsidiary called Societe Generale SFH used the OFH token (obligations de financement de l’habitat, or home financing obligations) to represent 100 million euros of covered bonds, a type of security that is backed by specific assets but remains on the issuer’s balance sheet.
[Source: Coindesk] ✩✩✩✩✩
2. Binance Coin (BNB) Struggles to Set Fresh All-Time-Highs Despite Decentralized Exchange Launch
The world’s most popular cryptocurrency exchange, Binance, has been on a hot streak in 2019, delivering a deluge of positive news to the crypto community and Binance Coin (BNB) investors who have incurred massive gains in the past several months.
Yesterday, the exchange announced the official launch of both their highly anticipated decentralized exchange — aptly named Binance DEX — in addition to their Singapore exchange that offers users an easy-to-use fiat onramp.
[Source: Newsbtc] ✩✩✩✩✩
3. Lightning Labs Releases Its First Blockchain Desktop App on the Bitcoin Mainnet
One of the main companies behind the Bitcoin Lightning Network, Lightning Labs, has been focusing its efforts on creating a world in which the Lightning Network scaling solution is widely used. Created by Valentine Wallace and Tankred Hase, two Lightning Labs developers, the launch of the app is described to be a “complete commitment” to scaling the principles of which Bitcoin was created upon: security, privacy and self-determination. According to the announcement, the technology will work on three operating systems: Windows, MacOS and Linux-based devices. A release for mobile devices is already being planned and the company has affirmed that it will move into this industry soon.
[Source: Bitcoinexchangeguide] ✩✩✩✩
4. Nasdaq Is Quietly Testing Bitcoin-Based Product Under CXERX Indice, Analyst Suggests
The world’s second-largest stock exchange, Nasdaq, is allegedly testing trading of a bitcoin (BTC)-based product, according to a tweet by an analyst at quantitative trading analytics service StrongMarket on April 22.
[Source: Cointelegraph] ✩✩✩✩
5. Unconfirmed: Japanese Regulator Conducts Flash Inspection of Huobi Global (Huobi Japan), Fisco Exchanges
Japan’s financial regulator has reportedly investigated two domestic cryptocurrency exchanges to check consumer protection and legal compliance, Cointelegraph Japan reported on April 23.
[Source: Cointelegraph] ✩✩✩✩
6. Coinbase Shellacking: Crypto Exchange Cuts Staff, Shutters Chicago Hub
The markets may be moving into the green, but 30 Coinbase engineers will be seeing red tonight after they were reportedly laid off and the firm’s Chicago office closed.
It’s a sure sign that despite positive sentiment returning, the crypto bear market is still determined to shrink a few more businesses before it’s over. It’s also a signal that mainstream financial players haven’t been ready to take the plunge into crypto.
[Source: CCN] ✩✩✩
7. IBM Analytics IBM Issued Patent for DLT-Supported Data Sharing and Validation
Tech giant IBM has been awarded a patent for a mobile data sharing method that uses distributed ledger technology (DLT), according to documents published by the United States Patent and Trademark Office (USPTO) on April 23.
[Source: Cointelegraph] ✩✩✩
8. University of Nevada, Reno Develops Driverless Vehicle Blockchain Tech With IoT Firm
A project at the University of Nevada, Reno is developing a new blockchain-powered autonomous vehicle project, according to a press release published on April 23.
The Intelligent Mobility project, coordinated by the University of Nevada, Reno and the Nevada Center of Applied Research (NCAR), has chosen enterprise blockchain and Internet of Things (IoT) firm Filament to develop an autonomous vehicle smart city project.
[Source: Cointelegraph] ✩✩✩
9. Top Israeli University Sues Professor for Unlawful Practices
The Israel Institute of Technology, the Technion, which functions as a public research university in the region, has filed a lawsuit against professor Eli Ben-Sasson, a senior lecturer at the Technion’s Faculty of Computer Science, for allegedly using the institution’s intellectual property to establish his blockchain startup, reports local news source, Calcalist on April 22, 2019.
[Source: BTCManager] ✩✩✩
10. Japan’s Second-Richest Man Bet Massively on Bitcoin. He Lost $130 Million
Japanese billionaire Masayoshi Son made a huge bet on bitcoin at the top of the market and lost. The SoftBank Founder reportedly cut a loss of $130 million of his own money by mis-timing the historic cryptocurrency bubble in late 2017. It is not known exactly how much Masayoshi Son, worth an estimated $24 billion, poured into bitcoin. But he appears to have bought in late 2017 as the bitcoin price approached a record high of $20,000. He sold early in 2018 as the price collapsed, taking a $130 million loss.
[Source: CCN] ✩✩✩
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