Altcoins

Recently we reported about how PayPal, one of the founding members of the Libra Association abandoned the whole project. However, it seems it wasn’t the only one. Just for a reminder, there were previously 28 members of the association, but it seems that they couldn’t handle the issues Libra is currently facing, most especially the problems surrounding regulatory support from relevant authorities. Now Mastercard, Visa, eBay, and payments firm Stripe have decided not to participate in...

The United States Securities and Exchange Commission (SEC) has put a spanner-in-the-wheel of Telegram‘s $1.7 billion Gram (GRM) token offering. The securities regulator has asked the messaging giant to halt the sale of its digital currency calling its “unlawful”.As per the SEC press release on Friday, October 11, Telegram failed to register its token-sale offering with the regulator, in due time. The Telegram Group has been working on its blockchain project – Telegram Open Network (TON) –...

Australia is offering more viable proof that institutions are consistently looking to build their tokens atop the Ethereum network. The country’s Perth Mint refinery is now releasing a new gold backed Ethereum token in western Australia.Ethereum: Still the Blockchain of ChoiceKnown as the Perth Mint Gold Token (PMGT), it will be the first of its kind issued on a blockchain that’s backed by government’s reserves. A press release explains:It offers institutional investors a competitive...

Rock It Coin, a bitcoin kiosk company, has joined hands with the Blockchain Institute to install its 200th machine in the middle of Chicago.Rock It Coin Is Creating a World of Mainstream Blockchain AppsMichael Dalesandro, CEO and fonder of Rock It Coin, comments:This installation marks yet another milestone in our company’s growth. After installing machines across the country, it means a lot to install our 200th one in Chicago where we started the company… We see this [blockchain] technology...

The chief among other cryptocurrency exchanges by volume, Binance, released a statement on Thursday to notify all and sundry that a new trading pair has been included in its decentralized exchange (DEX), and this will be the second cryptocurrency to be accorded such privilege.The trading pair XRP-BNB is listed as XRP-BF2, and Binance has already minted 10 million of the pair for its decentralized exchange. Before XRP-BF2 came along, Binance had added a Bitcoin pegged variant, BTCB, in June...

Libra is often touted as the Facebook cryptocurrency, but according to Alex Karasulu – CEO and founder of OptDyn – this isn’t necessarily true.Alex Karasulu: Libra Better Than PayPal?In a recent interview, he seeks to answer questions regarding Libra and clear up some of the “myths and legends” that surround it. For example, he comments that Libra will not necessarily be a cryptocurrency in the way bitcoin, Ethereum or Litecoin is, but rather it will be a payment system much like PayPal. In...

According to the latest report from Yahoo Finance, the chairman of the United States Commodities and Futures Trading Commission called Ethereum (ETH) a commodity.Speaking at the Yahoo Finance Summit, CFTC chairperson Heath Tarbet said that the ETH token falls under the regulatory oversight of CFTC. He further added that in the near future, one cannot rule out the possibility of having Ethereum futures in the market. Tarbet said:“We’ve been very clear on bitcoin: bitcoin is a commodity. We...

Samsung Electronics America has officially announced that it will collaborate with the fintech firm, Finablr. The partnership aims to launch an international money transfer service that will operate through the Samsung Pay app. The service currently targets US users and Finablr’s subsidiary Travelex powers it.Official information shows that Finablr is a listed partner of Ripple in London. Nonetheless, this deal with Samsung has no involvement from Ripple or XRP. An official announcement...

Alipay has indicated that it will ban Bitcoin transactions and all others related to cryptocurrency payments. In what seems like an extension on the cryptocurrency war that the Chinese government is waging, the electronic payments giant said in a tweet thread that it would terminate all cryptocurrency-related transactions.If any transactions are identified as being related to bitcoin or other virtual currencies, @Alipay immediately stops the relevant payment services.— Alipay (@Alipay)...

In its latest announcement, the custodial wing of crypto exchange Coinbase – Conibase Custody – announced support for the Gram tokens. The Gram tokens (GRM) as we all know are the native cryptocurrencies of the Telegram Open Network (TON) blockchain.In addition to the Gram tokens, Coinbase Custody will also support two other cryptocurrencies – Solana (SOL) and Orchid (OXT). Furthermore, in their official blog post, Coinbase said that this decision to support new digital currencies comes from...