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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30


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Nike’s ‘cryptokicks’ trademark application hints at its new blockchain ambitions

Nike Inc has submitted a trademark application for the word ‘cryptokicks’, signalling it may be gearing up to launch its own digital currency and a host of cryptocurrency related products. The application, filed on April, 19, outlines how the company‘s proposed digital currency could be used by an online community. дальше »

2019-4-25 19:13


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Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new […] The post Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90% appeared first on Bitcoin News. дальше »

2019-4-23 12:30


Ripple’s SVP of Product: ‘We want to change outdated methods of moving money across borders’

The cryptocurrency market has seen its sentiments vary with the comments made by its proponents and its critics. In the latest video released by Ripple, Asheesh Birla, the company’s SVP of Product spoke about the basic founding principle of money transfer as well as the reasons why cross border transactions are important. дальше »

2019-4-17 23:30


RationalFX to Partner with Ripple for Making RippleNet-Based Payments To Over 200 Destinations

RationalFX, a foreign exchange United Kingdom-based firm, has recently started a partnership with Ripple, the creator of the XRP token and of cross-currency transfer initiatives like xRapid. According to the announcement of the company, it will be able to make cross-border transactions with over 200 locations using the help of RippleNet. This is an important […] дальше »

2019-4-5 03:46


Crypto Giant Coinbase Launches Cross-Border Payments with XRP and USDC

Crypto exchange Coinbase is now offering cross-border payments service to enable customers to transfer funds using Ripple (XRP) and the stablecoin USDCoin (USDC). Coinbase made the announcement on its website, touting the service as fast and convenient: “You can now send money to any user with a Coinbase account around the world using XRP or USDC. дальше »

2019-4-2 16:43