Crypto news

The venture hopes that with top guards surrounding the warehouse, security cameras, and iron doors, it will make the vault unbreakable. Bakkt is already setting the all-time highs with cryptocurrency trading. That’s why it will facilitate pentesters and third-party auditors to avoid hacks and other dangers at all costs.In the past, clients were able to trade Bitcoin futures. But only that. After receiving approval from the NYDFS, Bakkt sets everything to change. Now, accredited investors from...

The Royal Bank of Canada is reportedly exploring a cryptocurrency trading platform for in-store and online purchases, as well as for investments. Moreover, the bank is also supposedly looking into allowing customers to open bank accounts that contain digital currencies.Royal Bank of Canada Explores Bitcoin Trading PlatformIn what looks like a serious step forward in terms of cryptocurrency adoption, the Royal Bank of Canada (RBC) is reportedly exploring launching a trading platform for...

Bitcoin isn’t for everyone, but Jean-Claude Trichet – the European Central Bank’s former president – appears to have a serious aversion towards the cryptocurrency.Trichet: BTC Is Not a CurrencyAt a recent summit, Trichet took a nasty stab at bitcoin, saying that it wasn’t even a currency and that crypto would not amount to much in the future. He said:I am strongly against bitcoin, and I think we are a little complacent. The [crypto]currency itself is not real, with the characteristics that a...

China is on a fast track to becoming a global digital currency power. Billionaire Michael Novogratz warns that the country might undermine the United States’ reserve status. Some politicians are wary about embracing cryptocurrency networks. Billionaire Michael Novogratz has warned that the United States’ reserve status is likely to be undermined by China’s blockchain and cryptocurrency revolution. In the forewarning, he underscores that China is already ahead in some areas such as fintech,...

Bitcoin ATM Schweiz ME Money Exchange stellt schon seit über einem Jahr Värdex Bitcoin-Automaten in Genf und Thonex (Genf) öffentlich zugänglich zur Verfügung.Die Kette hat in der Schweiz noch einige weitere Standorte. Zwei davon wurden mit einem ATM der Värdex Suisse AG ausgestattet. Einer steht in der Wechselstube an der Neuengasse 7 im Herzen von Bern. Somit stehen nun auch...

Facebook’s Libra cryptocurrency has been slated for a 2020 release, but according to top executive Kevin Weil, it will be decades before the currency is fully ready.Libra May Take Longer – Much Longer – Than Originally ThoughtAs vice president of product at Facebook’s Calibra digital wallet unit, Weil explained that while the currency itself may be ready relatively soon, the wallet system that’s backing it up will take much longer. He comments that the system is quite complicated, and...

FCA-regulated payment platform Wirex, has announced a new offering for its customers, called the Wirex Visa Travelcard. Making the announcement at the Fintech Festival held in Singapore, the London-based financial services company said that it hopes the card would give its users the much-needed ease required for them to initiate and settle different kinds of transactions using both digital currency and fiat. The travel card is powered by VISA and is accessible and usable for all of the...

Bakkt, the Bitcoin futures trading platform of the Intercontinental Exchange (ICE), has received authorization from the New York Department of Financial Services (NYDFS) to provide bitcoin custody to all institutions. This further increases the authority of the platform in its path to providing institutions with a well-established and regulated Bitcoin futures trading platform.Bakkt’s Warehouse Licensed By The NYDFSAccording to an official announcement, Bakkt has received authorization from...

London, UK, [DATE] – Today Crix, a next-generation cryptocurrency exchange offering algorithmic trading, institutional connectivity to buy and sell bitcoin, ethereum, litecoin, bitcoincash, stellar and ripple has selected Yoti to streamline its KYC and sign up process. Yoti, the digital identity app with over 5m downloads, will deliver identity verification, know-your-customer (KYC) and anti-money laundering (AML) checks, enhancing compliance and giving individuals a simple, private and...

Ripple (XRP) saw a small price drop of approximately 1.6% over the past 24 hours, and it currently trades at $0.2739. This price fall comes after XRP rolled over at the $0.30 level and dropped by 6.5% over the past week as the cryptocurrency trends lower.The drop in the value of XRP is mainly because of the recent $400 price decrease in Bitcoin over the past day. XRP remains the third-largest cryptocurrency with a market cap of $11.91 billion.Looking at the XRP/USD 1-Day Chart:Since our...