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Students, faculty talk cryptocurrency future following FTX collapse

In November 2022, former cryptocurrency exchange FTX filed for bankruptcy after the company had mismanaged its funds. More than one million people may have lost money as a result of the collapse. However, following FTX’s rapid fallout, some Northwestern students and faculty do not think the reputation of Blockchain, cryptocurrency’s underlying record transaction technology, or. ....

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DBS Bank offers first blue loan in Taiwan to FENC

DBS Bank Taiwan (星展台灣) yesterday announced that it has offered polyester and textiles producer Far Eastern New Century Corp (FENC, 遠東新世紀) a blue loan of NT$1 billion (US$33.65 million), which would help FENC recycle more marine waste and implement ocean protection projects, the bank said.
The loan is not only the first blue loan in Taiwan, but also the first blue loan provided by Singapore-based DBS Group Holdings Ltd, the local unit of DBS Group told a news conference yesterday.
FENC has since 2016 collaborated with Adidas AG and non-governmental organization Parley for the Oceans to commercialize trainers using recycled plastic ....

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How Northwestern is taking on blockchain technology and cryptocurrency

With the rising popularity of blockchain and cryptocurrency, Northwestern faculty and students have started their own initiatives to educate their peers about the global phenomenon.  McCormick Prof. Dongning Guo said cryptocurrencies are becoming increasingly prevalent in everyday transactions. Crypto like Dogecoin and Bitcoin can be used to purchase various goods produced by companies like AT&T. ....

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