Crypto news

New data demonstrates that Mexican XRP/peso trading volume on Mexico’s Bitso-based digital money exchange hit a record high this month.This expansion is because of the association between Ripple and MoneyGram, which shows that it is as of now moving around 10% of its Mexican peso currency exchange volume through Ripple’s XRP-based installment arrangement, known as ODL.Ripple’s dedication of $ 50 million in value financing for MoneyGram was at long last finished and a second $20 million...

IDAX’s many problems continue to stroke suspicion.The exchange finally admits “the truth”.Is this all a cover-up for an exit scam?In a story reminiscent of the QuadrigaCX scandal, crypto exchange platform, IDAX Global, has no idea where its CEO is, plus, he holds the exchange’s private keys… Oh boy, it’s been a pretty lousy week for crypto exchanges; first Upbit reveals a $50 million hack, and now it turns out that IDAX might be in trouble as well.IDAX: The Story So FarThese past few weeks...

Cryptocurrency is good in that transaction information is forever recorded on the blockchain in the public domain and therefore Bitcoin can be trusted. At the same time, there are no records about your transactions in the databases of banks and government organizations in order to increase Bitcoin Privacy. But in fact, anyone can track how much and what you spent your digital assets on, and then use this information to harm you.Danger of Blockchain TransparencyBitcoin seems to be initially...

First of all, Happy Thanksgiving y’all. Be thankful for your life, your family and, hopefully, your wallets. Hope you had a nice dinner and it prepared you for the Christmas holidays.  However, today is Black Friday and even though it should remind us on the awful things done to the slaves in the U.S. back in time, it should remind us that, except this should never happen again, we could use this date to do something good – for someone, or for us (‘cause you have to love yourself,...

Swedish fintech firm Klarna has become the undisputed champion in the fintech space. Sources indicate that the gains made his year alone has put the firm light years ahead of its peers and competitors. The e-payments firm has indicated that about 60,000 merchants have been added to its network and that it has created linkages with about 190,000 retail partners in addition to 16 million new users of the service as well.Moreover, it has emerged that the fintech firm is now worth about $5.5...

National Westminster Bank (NatWest), one of the largest retail and commercial banks in the United Kingdom, has announced that it will lead a consortium that will leverage blockchain technology, to simplify and speed up the process of buying a property in the U.K.According to a recent Forbes report, NatWest will be leading this consortium with real estate blockchain startup Coadjute, along with six other firms including Dezrez Estate Agency Software, Search Acumen Property Data, LMS Panel...

In a history-making move, popular e-sports team Astralis Group is aiming for the first e-sports initial public offering. Sources indicate that the Denmark-based top e-sports gaming company is aiming to conquer the e-sports market which currently worth about $1.1 billion. Sources also further indicate that the IPO based on the prospectus is set to raise between 125 to 150 Danish Kroner which is about $18 million to $22 million. The listing is scheduled for December 9 and it is said to take...

It took just a few hours after we posted our previous Bitcoin price analysis, and Bitcoin broke out nicely the $7400 resistance, which is the neckline of the inverse head and shoulders pattern.Since then, Bitcoin quickly made a move to our next mentioned resistance level of $7700 and quickly got rejected. Over the past 40 hours, Bitcoin is trading under the tight range of $7400 to $7700.From the bullish side, after such a massive move ($6800 to $7700), a correction or consolidation was...

Place/Date: - November 29th, 2019 at 10:09 am UTC · 5 min read Contact: eToro, Source: eToro Photo: eToroIf Facebook’s Libra project is to succeed it should use stablecoins issued by regulated third parties rather than create its own cryptoassets – that’s the conclusion of a new position paper published by eToro.Libra has come under fire from politicians and regulators in the US, UK and Europe, who are worried by parent company Facebook’s scale and power, as well as its previous track...

Pushing the crypto use in the tourism industry, crypto exchange Binance has entered a partnership with crypto travel startup TravelbyBit. The two companies together announced the launch of a rewards card which can facilitate crypto payments on several travel websites.Users of the TravelbyBit travel rewards card will get access to exclusive travel deals and discounts for the hotel as well as flight bookings. The crypto travel card will function as a traditional prepaid debit card wherein the...