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Credit Suisse


There’s no shortage of breathless hype about blockchain. What’s harder to find is a sober and nuanced discussion of the technology’s merits and drawbacks for a particular use case. For such a perspective, it can help to talk to different people at the same company who have been studying the matter and reached divergent conclusions. …

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The Swiss-based Credit Suisse and Dutch-based ING financial service groups have successfully completed the first live transaction of 25 mln euros (around $30 mln) in securities on R3’s Corda Blockchain platform, according to Credit Suisse’s March 1 press release. Credit Suisse and ING transferred the legal ownership of Dutch and German government securities using HQLAX …

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Two major banks say they have successful sent securities worth €25 million ($30 million) over a blockchain-powered platform. In an announcement today, Credit Suisse said it completed the live securities lending transaction with Dutch bank ING, adopting a collateral-lending blockchain application co-developed by a financial resource management firm HQLAX and enterprise blockchain consortium R3. Credit …

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Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Square’s Cash app, which facilitates payments among friends, recently gave some of its users the ability to buy and sell bitcoin, in a move that according to Sarah Friar, the company’s CFO and operations lead, was about Square’s innovation, not bitcoin’s validation, …

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Both Bitcoin and Blockchain made history Tuesday as prices hit a new all-time high and Wall Street completes new integrations. As Bloomberg reports, a group of major banks including Goldman Sachs, JPMorgan and Credit Suisse saw a six-month Blockchain trial for equity swaps achieve “100% success.” In partnership with startup Axoni, Blockchain allowed any changes …

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Square’s decision to incorporate Bitcoin payments into its app could be a real cash cow for the company according to Wall Street firm Credit Suisse. An analysis from the firm believes that a $30 mln revenue bump is completely possible in the next two years. Square recently announced a rollout to a limited number of …

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Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Square’s cash app, which is used for payment among friends, is testing the ability to buy and sell bitcoin, a benefit that could make bitcoin easy to trade for a huge swath of the population, particularly younger consumers. Square’s cash app is …

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Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. At a time in which bitcoin reaches a new record high around the $7,500 mark and catapults the cryptocurrency market cap above the $200 billion mark for the first time in history, Credit Suisse CEO Tidjane Thiam makes it clear that he …

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While the lack of regulation and use by criminals once formed the basis of attacks on Bitcoin, “bubble” is the latest condemnation used by skeptics. Credit Suisse CEO Thiam used the same logic to attack Bitcoin. Speaking at a news conference in Zurich, Thiam said: “From what we can identify, the only reason today to …

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A former executive for Credit Suisse is preparing to launch an initial coin offering (ICO) for a new ethereum-based startup. Marco Abele worked for the banking institution from 2006 until this August, serving most recently as head of digital, according to LinkedIn. Prior to that, Abele worked at Deutsche Bank in its corporate and investment banking …

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A former Credit Suisse executive has today launched his own high-end investment management platform on the Ethereum Blockchain. TEND, which describes itself as using “smart contract technologies to enable a new paradigm of shared ownership and enjoyment of unique assets that have both meaning and financial value,” will also launch an ICO. Featuring Crypto Valley …

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