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Ripple Partner Swedish Bank SEB Reveals Future Use of XRP and xRapid Products
The Head of Transaction Services at the prominent Swedish bank SEB, Paula da Silva, hinted that the institution could possibly use of XRP and xRapid in the future. The information has been released by da Silva during an interview in which she talked about Ripple’s technology. "Last year there was only one customer on it, […] дальше »
2018-11-8 02:26 | |
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Bitfury Secures $80M in Private Funding Round
Cryptocurrency mining firm Bitfury Group has closed a Series C, $80 million funding round led by EU-based Korelya Capital. The round also included crypto merchant bank Galaxy Digital, Lian and Jabre Group, Dentsu Inc. дальше »
2018-11-7 01:06 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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Word on the Street: Tether resumes peg but bank relationship still dubious
The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of . дальше »
2018-11-2 14:00 | |
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Word on the Street: Tether resumes peg, announces new bank relationship
The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P 500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of . дальше »
2018-11-2 14:00 | |
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Indian Officials Consider Ban on “Private Cryptocurrencies”
Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »
2018-11-1 22:37 | |
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Newest Cryptocurrency Patent App from Bank of America Aims to Store Private Keys for Customers
The U. S. Patent and Trademark Office awarded a patent to Bank of America on Tuesday, allowing them to offer a “hardened storage device” that customers could use to store private keys for blockchain platforms. дальше »
2018-10-31 01:21 | |
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Malta MDX Security Token Exchange Adds Top Saxo Bank Executive To Board Of Directors
MDX or Malta Digital Exchange has named the head of Saxo bank tech division as one of its leading non-executive directors. Chris Truce, Head of Fintech in Saxo bank was appointed a non-executive director and is set to assume his role with the impending launch of the exchange. In his reaction to him considering the […] дальше »
2018-10-29 04:58 | |
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George Mason University’s Tyler Cowen: “Bitcoin’s Flexibility is Limited by It’s Hard Fork Reach”
Tyler Cowen: “Bitcoin’s (BTC) Flexibility is Limited by It’s Hard Fork Reach” During a recent panel discussion that took place on Bloomberg Opinion, one of the topics that drew a lot of attention was the fact that there still exist more than 2 Billion individuals who do not have access to a bank account (but […] дальше »
2018-10-27 20:44 | |
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Samsung SDS to Unveil European Shipping Logistics with Blockchain Platform
The Netherland’s third-biggest bank, ABN AMRO announced a partnership between Samsung SDS and the Netherlands and Rotterdam Port Authority that will allow the interoperability verification with the help of the blockchain technology, as per a press release on October 23, 2018. дальше »
2018-10-24 20:00 | |
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David Chaum on Digital Privacy: “The Cat Is Out of the Bag”
David Chaum, the cryptographer credited with starting the cypherpunk movement in the 1980s and launching eCash, an early form of virtual money in the 1990s, thinks people are taking financial privacy a lot more seriously these days. дальше »
2018-10-24 18:02 | |
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Binance CEO Bullish on Fidelity’s Bank Balance
Not only the eyes of retail traders appear to be glued to the horizon, with crypto executives, venture capitalists, economists, and bootstrapping ICO projects seemingly awaiting any one of this year’s selection of institutional catalysts to drive the cryptocurrency market into a new dimension. дальше »
2018-10-24 01:06 | |
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JPMorgan Bank Predicts 2020 US Recession: Is Bitcoin and Crypto a Viable Alternative?
Banking giant JPMorgan Chase predicts that there is a 60 percent chance that a recession will occur by 2020. The big question that arises is whether cryptocurrency may be a solution to existing stores of value. дальше »
2018-10-23 20:36 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Ripple xCurrent To Go Live At National Bank of Kuwait
The National Bank of Kuwait (NBK), one of the largest banks in the Middle East, could be about to go live with Ripple’s xCurrent payment solution in the coming weeks. A source familiar with the matter told Crypto Briefing in an email exchange that NBK had been actively preparing for its first transaction using xCurrent, a cross-border settlement service. дальше »
2018-10-22 19:09 | |
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$8M in cryptocurrency bizarrely goes missing from bank-protected wallets
Swiss digital asset exchange Trade. io claims hackers have stolen nearly $8M million worth of cryptocurrency directly from its cold storage devices, which were supposedly kept under lock and key in a bank. дальше »
2018-10-22 18:11 | |
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Fidelity Locks in Galaxy Digital as its First Crypto Client, “Robust Pipeline” of Customers to Come
Just days after blowing the lid off their new institutionally oriented cryptocurrency outfit, and Fidelity Investments has already bagged one of blockchain’s household names as its first client. And this client is Galaxy Digital — the multi-service, digital asset merchant bank headed up by billionaire Bitcoin bull Mike Novogratz — who will become the first […] The post Fidelity Locks in Galaxy Digital as its First Crypto Client, “Robust Pipeline” of Customers to Come appeared first on CryptoSlate. дальше »
2018-10-19 22:00 | |
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U.S. Marshals to Auction Off $4.3 Million in Bitcoin
The U. S. Marshals agency has announced plans to auction $4. 3 million worth of bitcoin (BTC) in November 2018. The sealed bid auction is for nearly 660 bitcoins which were seized in a series of federal criminal, administrative and civil cases over the years. дальше »
2018-10-19 20:51 | |
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NatWest to become world’s first bank to use blockchain for loan management
Even though blockchain was originally developed to replace conventional banks, it seems they might also have uses for the decentralized technology too. NatWest just announced in a press release that by next month, it’ll be the world’s first bank to use blockchain to manage syndicated loans. дальше »
2018-10-18 16:29 | |
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With New Exchange Listings and Demand, New Stablecoins See Pegs Broken
Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs. дальше »
2018-10-17 01:17 | |
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options
Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether. дальше »
2018-10-16 16:07 | |
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As Tether’s Peg Slips, Bitcoin Price Is Distorted Across Market
Tether’s peg is slipping, and an exchange-wide firesale has led to major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market. дальше »
2018-10-16 22:06 | |
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Tether ‘Bank Run’ Concerns Reach New Heights, USDT Falls 4% Below Peg
Tether ‘Bank Run’ Concerns Fuels Crypto Boom Crypto investors were in for a shock on Monday morning, as Bitcoin temporarily popped above $7,000, while crypto assets somehow posted 7%+ gains, amid a growing fear that the Tether Foundation didn’t have the U. дальше »
2018-10-16 20:18 | |
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Barclays Puts Its Cryptocurrency Trading Project ‘On Ice’
London-based multinational investment bank agiant Barclays has reportedly halted work on its cryptocurrency trading project. Barclays Stops Cryptocurrency Trading Project One of the leading multinational investment banks Barclays has put its work on a cryptocurrency trading project to an end or “on ice,” Financial News London reports, citing two people familiar with the matter. дальше »
2018-10-16 20:00 | |
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Zambian Central Bank Declares Bitcoin Is Not Legal Tender
The Zambian central bank said on Oct. 12 that cryptocurrencies like bitcoin core and bitcoin cash aren’t legal tender, cautioning that those transacting in such will have no one to blame in the event of market failure. дальше »
2018-10-14 02:50 | |
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Cryptocurrency Exchange Unocoin to Launch India’s First Cryptocurrency ATM
The crypto fever has grabbed curious Indian investors who have flocked to several homegrown and foreign exchanges to buy digital coins. The Reserve Bank of India (RBI) took action on the unregulated assets and effectively dried up banking resources for cryptocurrency exchanges. дальше »
2018-10-14 23:39 | |
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Bahrain Are Setting Up For A Crypto Adoption Overhaul
The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact. дальше »
2018-10-14 23:00 | |
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Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing
Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U. дальше »
2018-10-12 18:06 | |
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Major Swiss Bank and Securities Dealer Adds Ethereum CFDs
Dukascopy Bank SA; one of Europe’s Biggest Forex Exchange, has decided to enter the crypto market by allowing trading of Ethereum CFDs, in what could be excellent news for the European Ethereum ecosystem. дальше »
2018-10-11 22:07 | |
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Bitfinex Stops USD Deposits To Their Exchange
The popular digital currency exchange, Bitfinex has reportedly stopped its USD deposits to their exchange. This news comes after last weeks, several rumours that the exchange was broke which made management forced to step up and deny the rumours that they were not bankrupt. дальше »
2018-10-11 21:30 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Chinese and US Investors Team Up to Create a Global Crypto Investment Fund
The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures. дальше »
2018-10-9 15:30 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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PwC and Cred Partner to Develop Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-8 21:30 | |
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PwC and Cred Partner to Promote Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-10 21:30 | |
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New Banking Partner for Bitfinex: HSBC Replaces Noble Bank
Now, one of the biggest crypto exchanges, Bitfinex. will receive banking services from HBSC, the 7th largest bank in the world. The post New Banking Partner for Bitfinex: HSBC Replaces Noble Bank appeared first on CoinSpeaker. дальше »
2018-10-8 12:03 | |
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Bitfinex allegedly partners with HSBC
Bitfinex, one of the largest cryptocurrency trading platforms, allegedly entered into a partnership agreement with the British bank HSBC, while the market discusses rumors about the alarming financial state of Tether, affiliated with Bitfinex. дальше »
2018-10-8 21:06 | |
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Bitfinex Banking with HSBC While Complaints of Withdrawal Delays Reach Fever Pitch
One of the most controversial crypto exchange has apparently secured a bank account with HSBC through an entity called “Global Trading Solutions. ” However, it is unclear whether HSBC is aware. дальше »
2018-10-7 17:39 | |
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Why A Bill To Define Blockchain Could Be ‘Dangerous’
After a bill aimed at establishing a definition for blockchain technology was introduced in Congress, a few in the crypto community raised concerns. Drew Hinkes, lawyer and co-founder of startup investment bank Athena Blockchain, was one of them. дальше »
2018-10-6 23:51 | |
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Spain’s Banco Santander Takes a Liking to Ripple’s Cross-Border Payments Solution
At Ripple’s annual Swell event on Oct. 1, Spanish financial services firm Banco Santander executives shared their experience of using blockchain-powered payment systems powered by the former’s RippleNet product. дальше »
2018-10-5 14:00 | |
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Spain’s Banco Santander Takes a Liking to Ripple’s (XRP) Cross-Border Payments Solution
At Ripple’s annual Swell event on Oct. 1, Spanish financial services firm Banco Santander executives shared their experience of using blockchain-powered payment systems powered by the former’s RippleNet product. дальше »
2018-10-4 14:00 | |
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Major U.S. Institution Bank of America Bullish on Blockchain Market
Cryptocurrency, Blockchain–Bank of America, one of the largest financial institutions in the United States, is no stranger to the sphere of cryptocurrency or blockchain. The company, which serves over 46 million customers across the country, has made headlines before with patents related to improved cryptocurrency storage. дальше »
2018-10-4 22:36 | |
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New Study Reveals an Increase in Venture Capital Investment in Blockchain Projects
Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets. дальше »
2018-10-3 19:39 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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