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Italian Banking Association Completes First Test of Blockchain-Based Interbank System

The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported September 29. By applying distributed ledger technology…
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Business Owner of Crypto Generating Bike Has Accounts Frozen by Barclays and HSBC

Barclays and HSBC have allegedly blocked three accounts of a U.K.-based electric bike retailer for having traded Bitcoin for cash through a popular P2P trading platform hours earlier. The alarming situation comes five months after crypto exchange…
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Cryptohomie Who Spent Almost $150,000 on Altcoins Sees 85% Loss

A crypto enthusiast who took out a six-figure loan to purchase cryptocurrencies has seen them lose almost 85% of their value. Investment Lost with NEO, Stellar, Litecoin, Ethereum, and Others On Monday, Reddit user “Cryptohomie,”…