Category: Cryptocurrency
PayPal joins the blockchain craze. The payments giant has invested in Cambridge Blockchain, a budding startup developing digital identity management software for financial institutions. Cambridge Blockchain said the investment will help the two companies explore potential collaborations powered by blockchain tech. The investment was part of a Series A funding round, which also included backing […]
AriseBank is a cryptocurrfency bank that found itself amidst $4.2 million ICO scam. The former CEO of the institution pleaded guilty to to deceiving ivnestors of around $4.2. million. The information comes from the US news agency Dallas News. According to Erin Nearly Fox, the attorney for the Northern District of Texas, Mr. Rice entered a […]
Stellar Lumens has just become the latest cryptocurrency to be listed on Coinbase’s professional exchange. Trading on the XLM/USD, XLM/EUR, and XLM/BTC order books will soon start in phases, beginning with post-only mode and proceeding to full trading should Coinbase’s metrics for a healthy market be met. Support for XLM will be immediately available in […]
Cryptocurrency lending startup BlockFi has launched a crypto deposit account that provides compound interest. The accounts will support Ethereum and Bitcoin bearing 6 percent annual interest paid monthly in crypto, The company announced the news on Tuesday through a post published on its website. The firm said that BlockFi Interest Account (BIA) is now live […]
Coinhive, mining service is shutting down as the project has become economically inviable. The project will stop its service on March 8, 2019, while users can have access on their dashboards until April 30, 2019. Among the reasons behind the closure, the developers note the over 50 percent drop in hash rate following the last […]
Dukascopy Bank’s initial plans were to become the first regulated bank to launch its own ICO starting from March, 1 2019. However, the Japanese Mizuho Bank has equally announced their token to be unveiled on the same day, so Dukascopy moved the date a day earlier. “We got to know that Japanese Mizuho Bank has equally announced their token […]
Coinbase announced on their official blog, that will add on the Coinbase Pro platform the third largest cryptocurrency by market cap XRP. Once sufficient supply of XRP is established on the platform, trading on the XRP/USD, XRP/EUR, and XRP/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading should our […]
CoinFLEX – The new Hong Kong based leveraged trading platform will launch futures contracts to the Asian Market in February 2019. The new contracts for Bitcoin, Bitcoin Cash and Ethereum will provide possible leverage of up to 20 times. The new product is now live, as CoinFLEX is launching its physically delivered cryptocurrency futures exchange. […]
AERGO partners with SatoshiPay to Improve Crypto Micropayments AERGO, the open-source hybrid blockchain and serverless cloud platform, announced a partnership with SatoshiPay to improve the cryptocurrency payment systems, creating the fastest micropayments system to date. AERGO’s Chairman, and CEO, Phil Zamani commented that: Enabling frictionless payments for blockchain applications and services is one of the […]
JP Morgan Chase will be the first major bank to embrace the crypto revolution in a significant way by issuing its own proprietary stable coin to speed up cross-border payments and gain other operating efficiencies, as well. JP Morgan Chase moves over $6 trillion across the globe every single day for corporations that are clients […]
