Category: Cryptocurrency
JP Morgan is rolling out the first US bank-backed cryptocurrency As reported by The New York Times, JP Morgan officially became the first major US bank to launch a cryptocurrency called JPM coin that is going to have real-world use. It is a mistake to think that Mr. Dimon is anything but for blockchain, as […]
The next generation blockchain payment system, Terra, announced that it has earned a strategic investment from LuneX Ventures, the crypto-focused investment arm of Golden Gate Ventures. This investment allows Terra to further its expansion through Southeast Asia and Singapore. Terra’s growth owes to an ever-growing eCommerce alliance across Asia. This alliance holds a collective annual […]
eToroX, the blockchain division of global investment company eToro, has today announced the addition of two commodity-stablecoins – eToro Gold (GOLDX) and eToro Silver (SLVX), two further fiat-stablecoins – eToro Ruble (RUBX) and eToro Yuan (CNYX) – plus 15 fiat pairs to its crypto exchange. The new instruments added to the eToroX exchange are: 2 […]
Coinbase Visa is powered by customers’ Coinbase account crypto balalances, giving them the ability to pay in-store and online using bitcoin, ethereum, litecoin and more. The visa debit card will let UK customers to spend crypto as effortlessly as the money in thei bank. Customers can use their card in millions of locations around the […]
Facebook is seeking USD 1 billion in external funding for its forthcoming stable coin that is building within the blockchain division of the company. The company has been tight-lipped about the purpose and progress of the coin, but Facebook has so far hired at least 30 people to the division with David Marcus – former […]
Payments and e-commerce crypto Dash has just been listed on the Australian-based exchange, Jinance (formally known as String Exchange). The integration features the first AUD-Dash trading pair and in addition to this it incorporates Dash’s InstantSend technology, enabling fast and seamless transactions. Jinance will leverage automated InstantSend for outgoing transactions, a feature introduced as part […]
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 […]
