Technology giant IBM has been one of the forerunners among behemoth corporations who are betting high on blockchain and cryptocurrencies. The company has taken several operational decisions which indicate that it believes blockchain to be a vital part of future…
Coinflex is a physically delivered crypto futures exchange has secured new funding from venture capital firms Polychain Capital and Digital Currency Group (DCG). CoinFLEX tweeted about the news on Tuesday, March 12. Now the exchange is backed by 4 investors…
Binance’s Official Crypto Wallet, Trust Adds Support for XRP Along With Payments Through Credit Card
Binance is the world’s largest cryptocurrency exchange. The firm has added support for credit card purchases and Ripple’s XRP token to its official crypto wallet, Trust Wallet. The exchange announced the new features in a press release on Tuesday, March…
Medici Ventures is a blockchain subsidiary of the retail giant Overstock.com, Inc. It has acquired a 5.1 percent equity stake in Bankorus (blockchain banking startup). The news got confirmed by Overstock on Monday, 11th March. As per the announcement, Bankorus’…
Ross Sandler, the internet analyst at Barclays wrote a client note that Facebook if launches a cryptocurrency can generate a new revenue stream for the social media giant. This can aid the price of its shares that fell down due…
Invesco is a United States-based investment management company has launched a blockchain exchange-traded fund (ETF) on London Stock Exchange (LSEG) today, as reported by Financial Times. In order to make it happen Invesco partnered with London-based Elwood Asset Management in…
A committee of the Connecticut state legislature will soon legalize the use of blockchain smart contracts in commerce conducted or initiated in the United States state of Connecticut, as per the official documentation released on March 7. The Committee of…
SWIFT, the Society for Worldwide Interbank Financial Telecommunication is a Global financial messaging network has teamed up Deutsche Bank, DBS, HSBC, Standard Chartered Bank, securities software provider SLIB along with the Singapore Exchange (SGX) in an attempt to carry out…
Jamie Dimon, the CEO at JPMorgan Chase suggested that company’s new cryptocurrency JPM Coin (the megabank’s planned U.S. dollar-backed token) could eventually be a consumer product. CNBC reported this news on Tuesday, Feb 26th. According to that report, Dimon said…
Coinbin, the South Korean cryptocurrency exchange that declared bankruptcy after millions of dollars in losses due to claimed embezzlement. The exchange owes almost $30 million to its users. The same got confirmed by correspondence from the exchange. Youbit was acquired…