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Ripple’s xCurrent is kind of SWIFT 2.0, says CEO Brad Garlinghouse
Ripple’s three unique software products, xCurrent, xRapid and RippleNet have propelled significant adoption as well price rise for its native crypto-asset, XRP. The US-based technology firm aims to provide its users with “crypto-banking experience” with the aforementioned products. дальше »
2019-5-19 23:30 | |
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Dukascopy Bank Confirms It Has No Association With Questionable Crypto Firm GCG Asia
The forex bank and broker from Switzerland Dukascopy informed that it is not affiliated with the cryptocurrency and FX trading firm GCG Asia. This company has been claiming affiliation with its authorized brand. дальше »
2019-5-19 21:45 | |
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Ripple CEO Brad Garlinghouse claims 6% of SWIFT transactions require human intervention
Amid reports of Ripple allegedly misrepresenting the actual amount of XRP in their escrow accounts, the US-based blockchain tech firm continues to be one of the fastest growing networks in the world. дальше »
2019-5-19 20:30 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Abra Wallet Partners with Plaid App to Introduce Cryptocurrency Withdrawals Across the USA
A week of success in Abra! The non-custodial wallet introduces real digital asset withdrawals and partners with Plaid, a fintech firm allowing bank withdrawals of cryptocurrencies. Abra Multi-Currency Wallet Now Supports Numerous United States Banks In a bid to keep rendering the best services to its clients, mobile bitcoin wallet and Investment app, Abra, has […] дальше »
2019-5-10 19:01 | |
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Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year
Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts. дальше »
2019-5-3 17:40 | |
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JP Morgan helps Canada and Singapore trial bank transfers on the ‘blockchain’
Central banks in Canada and Singapore claim to have successfully completed a cross-border payment using distributed ledger technology. The Monetary Authority of Singapore (MAS) announced earlier today that it has successfully settled an international payment with The Bank of Canada, in what it refers to as “Project Jasper-Ubin. дальше »
2019-5-2 14:03 | |
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New Central Bank Of Bahrain Report Shows Nation Is Fostering A Friendly Bitcoin And Blockchain Ecosystem
Reports Suggest That Bahrain Is Increasingly Becoming A More Crypto-Friendly Nation As per an all-new study released by the Central Bank of Bahrain (CBB), the Gulf nation is becoming “increasingly crypto-friendly” with each passing day. дальше »
2019-5-1 19:32 | |
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Galaxy Digital CTO Out at Novogratz-Led Crypto Fund
Mike McMahon, chief technology officer at crypto merchant bank Galaxy Digital, has left the firm, CoinDesk has learned. дальше »
2019-4-25 20:00 | |
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Japan’s Biggest Bank Confirms Launch of Digital Currency ‘Coin’ in 2019
Following months of speculation about its proposed release date, Japan’s largest bank, Mitsubishi UFJ Financial Group Inc. has finally announced plans to launch its long-awaited in-house digital currency. дальше »
2019-4-13 13:22 | |
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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem
Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server). дальше »
2019-4-12 22:03 | |
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QuadrigaCX Starts Bankruptcy Proceedings
It’s been a long and winding road with many twists and turns for the beleaguered cryptocurrency exchange QuadrigaCX and its 115,000 former users who are owed roughly $190 million. дальше »
2019-4-10 17:39 | |
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Liechtenstein Bank Frick Issues Bitcoin and Ethereum Trackers With Bitcoin Suisse Finance Firm
A bank in Liechtenstein has issued an active Bitcoin (BTC) and Ethereum (ETH) tracker. Bank Frick has been working with the digital finance firm called Bitcoin Suisse in order to make that possible. дальше »
2019-4-10 02:22 | |
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Bank Frick Launches BTC-ETH Tracker Along With Partner Bitcoin Suisse
Liechtenstein-based private bank Bank Frick issued an active BTC-ETH tracker along with digital finance firm Bitcoin Suisse
дальше »2019-4-10 22:18 | |
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Bank Frick and Bitcoin Suisse launching BTC-ETH tracker certificate and token
CryptoNinjas Bank Frick, a family-run Liechtenstein bank, announced today it is issuing an active BTC-ETH tracker, with Swiss blockchain technology firm Bitcoin Suisse acting as the blockchain service provider and prime crypto broker. дальше »
2019-4-9 18:01 | |
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Bank Frick and Bitcoin Suisse launching BTC-ETH tracker certificate as token
CryptoNinjas Bank Frick, a family-run blockchain friendly Liechtenstein bank, announced today it is issuing an active BTC-ETH tracker, with Swiss blockchain technology firm Bitcoin Suisse acting as the blockchain service provider and prime crypto broker. дальше »
2019-4-10 18:01 | |
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Sharding Startup Harmony Grabs $18 million to Create a Decentralized Blockchain Protocol
Nick White, co-founder of Harmony, expressed in an email to CoinDesk this week that the firm has raised $18 million for the sharding startup. The investment has been procured from many prominent sources which includes Consensus Capital Group of Silicon Valley, Bank Central Asia (BCA) Australia, Lemniscap VC of Hong Kong and UniValues Associates from […] дальше »
2019-4-5 10:23 | |
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In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings
QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order. дальше »
2019-4-3 01:19 | |
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JPMorgan is hiring for more blockchain-related positions than any other financial firm, claims report
The mass adoption of cryptocurrencies and blockchain technology was made evident to the public when mainstream institutions ventured into the space and started using it to rebuild their financial structure. дальше »
2019-3-30 16:00 | |
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Ripple partners with Federal Bank in India for cross-border payments
Private bank, Federal Bank Ltd. in India, has partnered with Ripple to facilitate international payments. In an announcement to the Bombay Stock Exchange (BSE), the Federal Bank confirmed its partnership with blockchain technology firm Ripple. дальше »
2019-3-29 16:49 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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Crypto-Stealing Gustuff Trojan Unmasks Alarming Banking Vulnerabilities
The darknet has a new soldier in the form Gustuff, a new Android trojan that has targeted over 125 cryptocurrency and banking apps. Gustuff has been in existence since April 2018 and stands with Anubis, Red Alert, and BankBot as one of the deadliest threats to the financial space. дальше »
2019-3-29 01:00 | |
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BOA Tech Chief Says Blockchain Technology May Amount to Nothing
Cathy P. Bessant, chief operations and technology officer at the Bank of America (BOA), a multinational investment bank and financial services firm, has opined that blockchain technology has no significant use case in finance and could amount to nothing in the near future, reports CNBC on March 25, 2019. Bessant Not Confident in DLT DespiteRead More дальше »
2019-3-28 02:00 | |
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Banks May Refuse Deposits from Crypto Firms, Says Israeli Court
An Israeli court has ruled that Union Bank of Israel cannot close the bank account of a crypto mining firm but can refuse certain deposits, as reported on March 17, 2019. Illegal Closure Despite consistent collaborations with various banks around the world, the blockchain industry has continuously faced the challenge of not being able toRead MoreRead More. дальше »
2019-3-19 22:00 | |
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Elon Musk Secures $500 Million in Chinese Bank Loans for Tesla Gigafactory Despite CEO Eject Threat
Elon Musk might be fighting for his job in the U. S. , but his company is on track to achieve its dream of mass producing its Model 3 sedans in China. The company has secured over $500 million in loans from Chinese lenders as it inches closer to building its vehicle and battery Gigafactory in China. дальше »
2019-3-9 17:25 | |
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Fintech Firm Launches Blockchain CBDC Pilot with Eastern Caribbean Central Bank
Bitt, a portfolio company of Medici Ventures, the leading blockchain accelerator and subsidiary of Overstock, has joined forces with the Eastern Caribbean Central Bank (ECCB) to conduct a distributed ledger technology (DLT) based Central Bank Digital Currency (CBDC) pilot across member countries in the Eastern Caribbean Currency Union (ECCU), according to a press release onRead MoreRead More. дальше »
2019-3-8 17:00 | |
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Uber-Killer Grab Prepares for War in Asia by Raising $1.5 Billion
The cash-grab brings the Singapore tech firm’s valuation up to $14 billion, according to press reports. Singapore-based ride-hailing firm Grab has packed its war chest with $1. 5 billion in fresh equity financing from Soft Bank’s Vision Fund this week. дальше »
2019-3-7 00:31 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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Blockchain and Crypto Firms in Malta Struggle to Find Banking Services
Blockchain and cryptocurrency firms are facing difficulties with opening bank accounts until they get their Malta Financial Services Authority (MFSA) license according to the Times of Malta report on March 1, 2019. дальше »
2019-3-5 13:00 | |
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Dukascopy to Take Legal Action Against GCG Asia for Impersonation
GCG Asia, a firm that has been falsely claiming to be in partnership with Dukascopy, a Swiss crypto bank, has finally been called out by the bank on February 27, 2019. Mask Off While the amounts of money being lost to crypto scammers have gone up in the last few years, there are some clearRead MoreRead More. дальше »
2019-3-2 02:00 | |
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How this Australian bank tracked 17,000 kilos of almonds with the blockchain
It’s not uncommon to read about how the latest firm has put something “on the blockchain. ” In fact, last year Hard Fork reported on a successful trial which saw the Commonwealth Bank of Australia put a shipment of 17,000 kilos of almonds on the decentralized tech. дальше »
2019-2-26 13:19 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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Euro Exim Bank’s Head Praises Ripple’s Efficiency for Trading and Transacting Funds via XRP Ledger
Over the past couple of years, Ripple and its associated XRP cryptocurrency have captured the imagination of the global finance sector. This is because the firm has been able to partner up with a wide array of multinationals so as to push alt-assets into the mainstream — as well as help with their adoption within […] дальше »
2019-2-25 17:36 | |
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Galaxy Digital Joins $15 Million Investment Round in Crypto Security Firm CipherTrace
Mike Novogratz's crypto investment bank Galaxy Digital has invested in blockchain security company CipherTrace
дальше »2019-2-21 20:12 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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Morgan Stanley to Spend $900 Million in Biggest Acquisition Since 2008 Crisis; Will the Trump Admin Approve?
Morgan Stanley is shelling out $0. 9 billion to acquire stock-plan firm Solium Capital. The acquisition of the firm that mainly specializes in offering Software-as-a-Service for managing employee share plans, ‘financial reporting and compliance’ is expected to bolster Morgan Stanley’s wealth management business. дальше »
2019-2-15 13:32 | |
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First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet
According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019. дальше »
2019-2-13 03:56 | |
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San Juan Mercantile Exchange Welcomes Noble Bank Employees and Nasdaq Exec Prior to Launch
Back in November last year, Noble Bank was the subject of many news stories as they were close to bankruptcy. The firm offered both banking and OTC trading services, and they fervently sought a buyer to save them after Bitfinex kicked them to the curb. While the fate of many of the employees is still […] дальше »
2019-2-9 05:17 | |
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AmaZix Blockchain Token Advisory and Bank Frick in Liechtenstein Partner to Boost Crypto Adoption
AmaZix is the latest blockchain consultancy firm to announce a partnership. The partnership was announced on February 4th, 2019 with Bank Frick in Liechtenstein who has been building an expert reputation for providing cutting-edge blockchain banking services. дальше »
2019-2-6 02:09 | |
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Major Dutch bank bets on NY blockchain firm with 5-year deal
Dutch multi-national banking giant ING has signed a five-year deal with a blockchain services firm to roll out distributed ledger tech into a range of business areas ING will join forces with R3 to obtain an unlimited number of licenses for its commercial (read: private permissioned) blockchain platforms Corda Enterprise platform and CorDapps. дальше »
2019-1-22 17:39 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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New Shakepay Feature Turns Your Spare Change Into Bitcoin
Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post. дальше »
2018-12-18 02:32 | |
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GP Bullhound sees 2019 bitcoin recovery, credit market crash may help too
Predictions from respected corners of the mainstream financial world – GP Bullhound and Saxo Bank – could be good news for the crypto industry and its status as a valid and profitable asset class. дальше »
2018-12-16 21:21 | |
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