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Markets

Banking Giant Trials Blockchain for Issuance of Land-Backed Loans

One of the "Big Four" commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system. 

Agricultural bank of china

Markets

Mount Sinai Hospital to Explore Blockchain Applications

The Medical School of the Mount Sinai hospital system announced it will explore the use of blockchain in healthcare on Tuesday.

Medicalschool

Markets

A Solution to China's Pharma Woes Might Be a Blockchain Away

Could blockchain help China avoid its next vaccine scandal – or at the very least, allow for more conversation about such issues?

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Markets

Accenture May Use Blockchain to Track the Quality of Shipments

Professional consulting giant Accenture Global Solutions may be considering using blockchain technology to streamline shipping logistics.

Accenture image via Shutterstock

Markets

South Carolina Ends Cease & Desist Orders Against Crypto Startups

South Carolina's securities regulator has ended cease-and-desist orders against two blockchain startups, public documents revealed Thursday.

shipp

Markets

BRICS Bank Consortium to Research Blockchain Applications

BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.

brics

Markets

Swiss Markets Authority Investigates Troubled $100 Million ICO

Swiss watchdog FINMA announced Thursday that it is investigating Envion AG for potentially breaking financial market rules with its ICO.

envion

Markets

AMD Sees Q2 Drop in GPU Sales to Crypto Miners

GPU sales for cryptocurrency mining fell quarter-over-quarter, AMD announced in its Q2 report on Wednesday.

amdq2

Markets

US Lawmakers Want FinCEN Mandate to Explicitly Cover Crypto

A new bill facing the U.S. Congress would have FinCEN more closely examine the cryptocurrency space, according to public documents.

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Markets

Rogue Employee Mined 500K Bitcoins in 2011, Qiwi CEO Says

An employee at Qiwi reportedly mined roughly 500,000 bitcoins in 2011 by hijacking the company's payment terminals, CEO Sergey Solonin said Wednesday.

Sergey Solonin, Chief Executive Officer of Qiwi, at St. Petersburg International Economic Forum SPIEF-2016