Posts in category

Payments


Cobo, a Beijing-based cryptocurrency wallet startup, has closed a $13 million Series A funding round in its bid to expand its services overseas. The company announced the latest equity financing on Wednesday, which is backed by Danhua Venture Capital, the NEO Foundation and Wu Capital, a China-based family office and limited partner in funds created …

0 36

This post was originally published here The market is starting to differentiate between stablecoins, even though these cryptocurrencies are all designed to trade 1-to-1 with fiat. Several U.S. dollar-pegged cryptocurrencies are now trading either significantly higher or significantly lower than the greenback, reflecting investors’ perceptions of their relative risk. Given that stablecoins are typically used …

0 37

The market is starting to differentiate between stablecoins, even though these cryptocurrencies are all designed to trade 1-to-1 with fiat. Several U.S. dollar-pegged cryptocurrencies are now trading either significantly higher or significantly lower than the greenback, reflecting investors’ perceptions of their relative risk. Given that stablecoins are typically used as on-ramps for investors looking to …

0 36

The Liquid Network is up and running. More than a year after its conceptual introduction at the Blockchain Association of Canada’s Government Forum in Ottawa, Blockstream’s bitcoin scaling solution made its public debut on October 10, 2018, after going live among its partners on September 27. Described by its creators as “an inter-exchange settlement network,” …

0 38

This post was originally published here Ethereum-based adult entertainment platform SpankChain has suffered a smart contract security breach that led to loss of around $38,000, the firm reported on its Medium page Oct. 9. The hack, which purportedly took place Oct. 6, was detected by SpankChain a day after, and was announced today in a …

0 38

Mastercard has won a patent for a proposed system that, if created, would allow for the launch of different kinds of blockchains – including those that support multiple currencies. Published Tuesday by the U.S. Patent and Trademark Office, the patent explains that a group or company may need to store different types of transaction information …

0 36

An Indian commercial bank has revealed it is building a cross-border remittance app based on the Corda blockchain platform developed by consortium startup R3. Being built as a so-called CorDapp on the platform, Kochi-based Federal Bank has turned to blockchain startup DigiLedge to develop the app for “faster and cheaper” remittances to India, according to a press …

0 36

The second largest bank in Italy, Intesa Sanpaolo, and 13 other banks have successfully completed the first phase of an interbank reconciliation blockchain trial. The tests, which started on June 4, were held in conjunction with ABI Lab – a research lab supported by the Italian Banking Association (ABI) – and finished last week. The project …

0 36

This post was originally published here A newly-published indictment by the U.S. Department of Justice charges seven alleged Russian intelligence agents with using cryptocurrencies as part of a broad “influence and disinformation” scheme. The government alleges that Aleksei Sergeyevich Morenets, Evgenii Mikhaylovich Serebriakov, Ivan Sergeyevich Yermakov, Artem Andreveyich Malyshev, Dmitriy Sergeyevich Badin, Oleg Mikhaylovich Sotnikov and Alexey Valerevich …

0 35

A newly-published indictment by the U.S. Department of Justice charges seven alleged Russian intelligence agents with using cryptocurrencies as part of a broad “influence and disinformation” scheme. The government alleges that Aleksei Sergeyevich Morenets, Evgenii Mikhaylovich Serebriakov, Ivan Sergeyevich Yermakov, Artem Andreveyich Malyshev, Dmitriy Sergeyevich Badin, Oleg Mikhaylovich Sotnikov and Alexey Valerevich Minin are members of …

0 36

This post was originally published here A newly-published indictment by the U.S. Department of Justice charges seven alleged Russian intelligence agents with using cryptocurrencies as part of a broad “influence and disinformation” scheme. The government alleges that Aleksei Sergeyevich Morenets, Evgenii Mikhaylovich Serebriakov, Ivan Sergeyevich Yermakov, Artem Andreveyich Malyshev, Dmitriy Sergeyevich Badin, Oleg Mikhaylovich Sotnikov and …

0 36

MoneyTap, a consumer-focused blockchain money transfer app built by SBI Holdings and Ripple, has now gone live. Announced by Ripple in a tweet Thursday, the remittance app is the product of SBI Ripple Asia and several participating banks. A new website for the product has also been launched indicating that the app is able to make bank-to-bank …

0 36

This post was originally published here The organizers of Ripple’s two-day Swell conference in San Francisco didn’t beat around the bush when they named the final panel of the event “The 800-Pound Gorilla.” The question of crypto asset adoption was certainly on many of the attendees’ minds, especially since Ripple CEO Brad Garlinghouse announced the …

0 37

The organizers of Ripple’s two-day Swell conference in San Francisco didn’t beat around the bush when they named the final panel of the event “The 800-Pound Gorilla.” The question of crypto asset adoption was certainly on many of the attendees’ minds, especially since Ripple CEO Brad Garlinghouse announced the previous day that xRapid, the company’s …

0 37

Crypto mining behemoth Bitmain announced Monday it has acquired the startup behind an open-source bitcoin cash wallet called Telescope. The browser-based wallet was launched earlier this year in an effort to enable instant bitcoin cash transactions. At present, Telescope can operate on Google Chrome or Mozilla Firefox, according to a press release, though the team …

0 36

After a series of highly-publicized pilots, three companies are now making commercial use of Ripple’s xRapid product. XRapid employs the digital asset XRP, using it as a “bridge currency” in cross-border payments, which according to the company, reduces the cost and increases the speed of these payments by boosting liquidity. The three companies  – MercuryFX, …

0 35

This post was originally published here Opera, provider of a popular web browser, is partnering with with blockchain advisory and financial services firm Ledger Capital to further explore blockchain technology. According to a press release, the strategic partnership sees the two entities seeking new “applications and use cases” for blockchain, as well as “growth opportunities” for the …

0 36

Opera, provider of a popular web browser, is partnering with with blockchain advisory and financial services firm Ledger Capital to further explore blockchain technology. According to a press release, the strategic partnership sees the two entities seeking new “applications and use cases” for blockchain, as well as “growth opportunities” for the tech within Opera products. Opera is …

0 35

Following its acquisition by blockchain startup Tron, peer-to-peer file sharing service BitTorrent will begin incentivizing users by paying them with its cryptocurrency tokens. Tron announced Thursday that its forthcoming Project Atlas would connect BitTorrent and Tron, hoping to make the BitTorrent protocol faster for peers, as well as encourage both new and existing users to …

0 38

Pornhub has provided a somewhat disheartening figure for the number of users utilizing its recently launched crypto payments options. According to a report from The Next Web Friday, the online porn provider said via an email that less than 1 percent of purchases made on the platform are conducted with cryptocurrency. Pornhub had an average …

0 38