Bitcoin mining firm, Core Scientific, has officially gone public. The blockchain infrastructure firm debuted on the Nasdaq stock exchange yesterday January 20 with the tickers “CORZ” and “CORZW” for its shares and warrants respectively. The announcement came after Core Scientific completed a merger with Power & Digital Infrastructure Acquisition Corp. (“XPDI”) through a SPAC. Net

The post Just-In : $3 Billion Crypto Mining Giant Core Scientific to Officially List on Nasdaq appeared first on CoinGape.

On the first day of trade, Chingari, an Indian-based short video-making app, revealed that its native token, GARI, has reached

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Robinhood’s crypto wallet is officially live, allowing the first 1,000 users to make crypto withdrawals. (Read More)

On January 20, Finalto, the award-winning global multi-asset liquidity provider and prime brokerage, announced the appointment of Chris Cotterell as the managing director of Finalto Australia.

Morocco’s largest bank Attijariwafa Bank got into the crypto space by joining the RippleNet network as we are reading more in our latest Ripple news today. The leading banking service operator in Morroco, or Morocco’s largest bank will join RippleNet. The latter is an international cross-border payment netowrk that is designed by Ripple. The local […]

21 Shares listed the first Cosmos ATOM ETP in the world, as we are reading more in our latest Cosmos latest news today. 21 shares listed the first ETP on the Cosmos blockchain which is an ecosystem that is booming in popularity as of late with its native cryptocurrency ATOM growing to become the 16th […]

Money On Chain celebrates its 2nd anniversary of bringing DeFi to the Bitcoin network. So far, BTC holders have experienced ...

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The digital personal finance company, SoFi Technologies announced that it has received approval from the regulatory authorities to operate as a national bank today.

Riyadh, Saudi Arabia, Jan 20, 2022 - (JCN Newswire) - Hitachi Rail announced today that it has signed a 72.5 million EUR contract with Princess Noura Bint Abdul Rahman University to operate and maintain the autonomous metro system in Riyadh, Saudi Arabia for the next three years.
The Princess Nourah Bint Abdul Rahman University is the largest women university in the world able to host 60,000 students that can travel within the huge campus area with the autonomous train. The electric powered trains provide a sustainable low carbon alternative to travelling by car.

The rail network consists of four elevated lines spanning 11.5 km that connects 14 stations. The 22 two-carriage automated metro trains have a capacity of 110 passengers and can travel to a maximum speed of 60 km/h.

The contract will see Hitachi operate the whole autonomous metro system, while maintaining the trains and infrastructure, including stations, mechanical and electrical systems and the depot and viaduct. Hitachi Rail completed the building of the autonomous railway in May 2011.

Hitachi is the largest autonomous manufacturer in the world with 30% market share. The company first autonomous metro started running in Copenhagen in 2002, and was followed by Line 5 in Milan, Brescia, Line C in Rome and successful system in Riyadh, Saudi Arabia and Taipei, Taiwan. Other projects are in progress in Honolulu - Hawaii, Thessaloniki - Greece, and Australia.

Edoardo La Ficara, Executive Officer, Operation Service & Maintenance Division, Hitachi Rail said, "We are proud to be confirmed as operator and maintainer of the Princess Noura University automated metro. This award is an important further milestone that consolidates our presence in the Middle East, one of the Operation, Service and Maintenance Division target markets. We're happy to be able to contribute with our customers to the development of mobility in the countries in which we operate, in terms of growth and sustainable systems".

Hitachi Rail has operated and maintained the Princess Noura Bint Abdul Rahman University since March 2018. Building up on the recent announcement on the maintenance of the new Spanish very high speed fleet, this new award is proof of Hitachi's continuous and positive collaboration with its customers enabling to operate and maintain the system in Riyadh for the next three years, powering sustainable connectivity.

About Hitachi Rail

Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across six continents and over 12,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. We are proud of our global achievements, from our world -famous 'bullet trains', to our signalling solutions and turnkey projects, state--of-the-art traffic management and digital solutions. Drawing on the wider Hitachi Group's market-leading technology and research-and-development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society. For information about Hitachi Rail, visit www.hitachirail.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comHitachi Rail announced today that it has signed a 72.5 million EUR contract with Princess Noura Bint Abdul Rahman University to operate and maintain the autonomous metro system in Riyadh, Saudi Arabia for the next three years.

Digital banking platform SoFi is leaving the ranks of its challenger banking competitors to become a fully fledged bank. The California-based fintech announced today it has received approval from the U.S. Office of the Comptroller of the Currency (OCC) and the Federal Reserve to become a bank holding company. SoFi CEO Anthony Noto called today’s Read more...

The post If You Can’t Beat Them, Join Them: SoFi Earns Bank Charter appeared first on Finovate.

Morocco's largest bank - Attijariwafa Bank - is the latest institution to join the RippleNet network.