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Web browser Opera has collaborated with blockchain tech company Ledger Capital to investigate possible blockchain applications for Opera products. Opera has partnered with blockchain advisory and financial services firm Ledger Capital to explore possible blockchain applications, according to a press release published September 28. Per the announcement, the two companies are looking to investigate applications … [Read more…]
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Swiss commodities management company Tiberius Group AG is going to introduce a digital currency backed by metals. Switzerland-based asset management company Tiberius Group AG is going to introduce a cryptocurrency backed by metals, Bloomberg reported September 27. Founded in 2005 as a commodities asset management firm, Tiberius Group manages around $350 million in assets. The … [Read more…]
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Swiss startup SEBA Crypto AG has raised $103 million to build a bank offering crypto-related services. Switzerland-based startup SEBA Crypto AG has raised 100 million Swiss francs ($103 million) to set up a bank offering cryptocurrency-related services, Reuters reported September 26. SEBA is reportedly headed by former UBS bankers — Guido Buehler as chief executive … [Read more…]
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Some possible explanations Over the past week, altcoin Ripple’s (XRP) price has gone through the roof. It has seen an unprecedented 140 percent growth over the past seven days, up almost 63 percent in the past 24 hours alone, trading at around $0.61 at press time. XRP has gone as far as to beat Ethereum … [Read more…]
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The Financial Action Task Force is closer to establishing a worldwide set of anti-money laundering standards, that will purportedly close the “gaps” in current regulations. The Financial Action Task Force (FATF) said it is getting closer to the establishment of a global set of anti-money laundering (AML) standards for cryptocurrencies, Financial Times reported September 19. … [Read more…]
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George Soros and the United Nations are already into it As the United Nations Refugee Agency warned in the first days of September, the death rate for refugees attempting to reach Europe has risen. That sounds even more cruel considering that the numbers trying to make the crossing has fallen. For every 18 people crossing … [Read more…]
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A Ripple exec told CNBC that the company could launch a commercial version of its payment platform xRapid “in the next month of so.” Ripple could launch a commercial version of its payment platform xRapid “in the next month or so,” CNBC reported September 17. Head of regulatory relations for Asia-Pacific and the Middle East … [Read more…]
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CloudFlare has introduced a new content gateway that will allow users to access content regardless of the state of the server on which it is stored. Major U.S.-based content delivery network (CDN) CloudFlare has introduced a new decentralized content gateway via its InterPlanetary File System (IPFS), the firm announced in a blog post September 17. … [Read more…]
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Crypto markets see a sharp decline, with Bitcoin dropping by $200 within a few hours and total market cap below $200 billion again. Crypto markets have seen a sharp decline today, September 18, with Bitcoin (BTC) down $200 and market cap dropping as low as $192 billion within a few hours. As of press time, … [Read more…]
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The Spanish autonomous community of Aragon has partnered with a blockchain consortium to create blockchain-based services in its public administration. The autonomous community of Aragon in northeastern Spain will be the first in the country to apply blockchain technology in its public administration, local news agency Europa Press reports Monday, September 17. Aragon is one … [Read more…]
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Crypto markets have seen a mix of red and green, with some small fluctuations and total market cap holding position. Sunday, September 16: crypto markets have seen a mix of red and green today, with some small fluctuations and total market cap holding position. Market visualization from Coin360 Bitcoin (BTC) is negligibly up on the … [Read more…]
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Blockchain research shows how a Gemini custodian is able to change, stop, or reverse GUSD transactions every 48 hours. The implementation of the recently launched Gemini dollar (GUSD) stablecoin can be completely changed by a Gemini custodian every 48 hours, according to a study authored by blockchain researcher Alex Lebed and crypto consultant Alexey Akhunov, … [Read more…]
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Korea’s LG UPlus is launching a blockchain-based cross-carrier overseas payment service along with Far EasTone, SoftBank and TBCASoft. South Korea’s LG UPlus, a mobile carrier owned by the country’s fourth largest conglomerate LG Corp., is launching a blockchain-based cross-carrier overseas payment service, Korea Times reports today, September 16. Last Thursday, September 13, LG UPlus had … [Read more…]
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The World Economic Forum has outlined more than 65 blockchain use cases for environmental protection in a recent report. The World Economic Forum (WEF) foundation has outlined more than 65 blockchain use cases for solving the “most pressing” environmental challenges, in a report published September 14. In the report, titled “Building Block(chain)s for a Better … [Read more…]
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Billionaire investor Tim Draper has forecasted that total crypto market capitalization will reach $80 trillion in the next 15 years. Venture capital investor Tim Draper has predicted that total cryptocurrency market capitalization will hit $80 trillion in the next 15 years, news outlet DealStreetAsia reported September 14. Speaking at the DealStreetAsia PE-VC Summit 2018 in … [Read more…]
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The Tezos Foundation is preparing to launch its mainnet on Monday, September 17. The Swiss-based cryptocurrency project the Tezos Foundation has announced that its mainnet will be launched on Monday, according to a September 14 tweet. Have a great weekend, everyone, because mainnet arrives Monday! — Tezos Foundation (@TezosFoundation) September 14, 2018 On Monday, the … [Read more…]
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Samsung SDS will develop a blockchain platform for the Korean customs service to fight customs fraud and forged documents. The Korea Customs Service has signed an agreement with Samsung SDS to deploy blockchain technology for its customs clearance system, according to a press release published September 14. Samsung SDS, the IT arm of electronics giant … [Read more…]
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Today, StellarX launches! StellarX is the Stellar network-based zero-fee decentralized cryptocurrency exchange. The company behind the platform, Interstellar, announced the upcoming launch via a Medium blog post on September 28th. XLM has yet to be positively affected by the news. StellarX Launches! Previously, StellarX was open only to a number of individuals who signed up … [Read more…]
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Aside from a dozen lawsuits and a few XRP price drops, Ripple has had quite the year. And big things continue to stir. One CEO has even likened Ripple to Microsoft. But is that an accurate comparison? Ripple and Microsoft: Two Peas in a Pod? This week, we’ve seen a few headlines about the company … [Read more…]
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Rally, a user-centric marketplace for content sharing built on Ethereum, has just started the Rally Airdrop with an allocation of a whopping two billion Rally coins as rewards for new users joining, referring, and engaging. The platform is dedicated to revolutionizing the concept of content sharing through transparency and decentralization, bypassing digital monopolies and empowering … [Read more…]
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In 2018, RippleNet has expanded its reach to over 40 countries, on six different continents. In addition to its expansion, Ripple announced that this year it has signed an average of two production customers per week, and xRapid commercial production is now underway. Big things are stirring over at Ripple. xRapid Commercial Production xRapid is going … [Read more…]
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Venezuela’s economic crisis continues to worsen, despite the president’s controversial attempts to revive his country. The demand for Bitcoin (BTC) and other cryptocurrencies continues to rise this year, as the country’s dollar, the bolivar, continues to drop. Venezuela has hit crisis mode extreme, but can BTC save them? Bitcoin Booming in Venezuela According to Coin … [Read more…]
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Blockchain can be explained as an innovative technology that’s designed to transform the digital landscape. It was originally a decentralized ledger used for transactions in bitcoins. This ledger comprises various linked blocks of transactions in which an identical copy was meant to be stored on every computer that was part of this network. The changes … [Read more…]
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The blockchain payment company Veem just announced it has closed a $25 million funding round. The company closed its Series B funding round back in 2017. Veem states that Goldman Sachs and Google Ventures led the new funding round. Veem The latest round raised by the blockchain payment company Veem included a slew of new … [Read more…]
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Bitcoin Looks Poised to Dethrone Gold Globally It may seem absurd to compare Bitcoin and gold, but the truth is that there are several common talking points between them. Bitcoin is the most famous cryptocurrency on the market today with an outlook. In fact, many individuals tend to believe that Bitcoin can become the gold … [Read more…]
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Cameron and Tyler Winklevoss have made a name for themselves as US Olympians, but the twins are now also well known for being involved in the crypto space. The pair owns the Gemini Exchange, which is based out of New York. The Gemini Trust Company was formed back in 2014 and is among the top … [Read more…]
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In today’s edition of Crypto Daily News, we’ll cover the details of the crypto market rebound and Coinbase’s official statement regarding the proprietary trading allegations. Crypto Daily News: September 20th, 2018 Crypto Market Rebounds The crypto market is rebounding this morning, after taking a sharp fall last week after rumors spread that Goldman Sachs (NYSE:GS) … [Read more…]
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Jack Ma, Alibaba’s Executive Chairman, has never been shy about his thoughts on the newest and latest technology. The Chinese businessman, investor, and philanthropist has been a long-proponent of blockchain technology but recently made a firm statement on its future. Let’s take a closer look at Jack Ma on blockchain. Jack Ma on Blockchain Ma … [Read more…]
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Nasdaq announced Friday that it is in the midst of acquiring Swedish trading solutions provider Cinnober. So why is it important for crypto-enthusiasts that Nasdaq acquiring Cinnober might happen? Well, Nasdaq is Nasdaq—the second-largest stock exchange in the world, but Cinnober is known for its acceptance of digital assets and its involvement in helping institutions … [Read more…]
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Cory Johnson said it first. Ripple and XRP are not the same things; XRP is not a security. And yet, the San Francisco-based company often finds itself repeating this information. The latest time came today, Monday, September 17th. Not only did the head of government and regulatory relations at Ripple today bring back the XRP … [Read more…]
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There are so many ongoing Ripple lawsuits that you have to count them with both hands. Sure, it’s unfortunate, but it keeps Ripple in the public eye, providing the masses with constant XRP news; this isn’t the case for many altcoins as Bitcoin (BTC) often hogs all the attention and altcoins get left behind. Recently, however, … [Read more…]
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Morgan Stanley (NYSE:MS) plans to offer its customers complex derivatives that will be tied to Bitcoin (BTC), Bloomberg reported this morning. The Morgan Stanley Bitcoin derivatives will push the investment bank in the running with its competition currently dabbing in the cryptocurrency space. Morgan Stanley Bitcoin Derivatives According to a person familiar with the venture, … [Read more…]
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