Tag Archives: Blockchain News

In its bid to create a seamless, effective and transparent ticketing experience for its fans this season, professional UK-based cricket team Lancashire cricket team, has joined forces with blockchain ticketing service provider, TIXnGO on a new ticketing experience.Tapping Blockchain Technology for Transparency and EfficiencyAccording to a report by industry magazine TheTicketingBusiness, the tickets would be unique in so many ways.Apart from being traceable to the owner, a ticket is also...

Blockchain firm Bakkt stole the show at the sideline of the World Economic Forum (WEF) held in Davos Switzerland by announcing the launch of its new consumer application that would look very much like a fintech app such as PayPal offers. Moreover, it will support all forms of digital assets, in addition to cryptocurrencies.Bakkt, the physically-settled Bitcoin Futures exchange created by the Intercontinental Exchange (ICE), is changing the way and manner in which crypto assets are perceived...

An imminent discussion of digital currencies native to central banks of diverse countries has been sparked, and Facebook‘s Libra is at the heart and center of it.More than RippleRipple‘s flagship products leading cross-border payments might have been touted in the past as the leading catalyst for sparking conversations and implementation of digital currencies pegged to official national currencies. However, Facebook Libra has now officially taken center stage, eliciting more questions and...

In a bid to establish its authority as one of the biggest players in the crypto space, leading cryptocurrency exchange and Bitcoin (BTC) trading venue, Gemini, the Winklevoss twins-led exchange, has become the first exchange to pass the Deloitte SOC 2 Type 2 security examination.In a statement, released on its official website, the exchange reiterated the fact that no other exchange in the world has been able to match its feat in terms of the security of the crypto space.What is SOC 2?Service...

In a major revelation, Ripple CEO Brad Garlinghouse hinted that the blockchain startup can go for an IPO this year. On Thursday, January 23, while speaking at the World Economic Forum in Davos, Garlinghouses surprised the audience with his statements.He predicts that in 2020, more companies from the blockchain and crypto industry are likely to go hold their IPOs. Besides, he also hinted that Ripple could one of those companies seeking an Initial Public Offering (IPO). During an interview with...

Ripple Labs, the San Francisco-based blockchain startup, secured the highest funding in comparison to other peer blockchain companies in 2019. The latest report from CB Insights shows that Ripple raised $200 million in the Series C round last year.Among the companies that follow Ripple on the list are Figure Technologies, Digital Asset and PeerNova. However, the gap between the first and second positions is significant. However, even Ripple’s $200 million is a very small amount in comparison...

Crypto Derivative Markets are TrendyCryptocurrency derivatives were a major highlight of the cryptocurrency market in 2019. Data collected in the past year already reveals how the derivatives market outperformed the spot market and more recently, the buzz is becoming more intense as speculation suggest that this market will double the size of its counterpart spot market in the near future. More so, increased competition in derivative products has been instrumental in the growth of the...

The cryptocurrency derivatives market is on heat, with the BitMEX release of the XRP-USD quanto swap tool. The so-called ‘quanto-swap’ represents the derivative with an interest rate taken from the difference between different currencies. During the swap, one person is paying another interest. It is derived from the difference between the foreign and local assets, or between two ‘shitcoins’ (in the Bitcoin maximalist lingo, all the coins are ‘shitcoins’, while we just try to keep the...

Prominent blockchain payments firm Ripple has published its latest quarterly XRP Markets Report for the previous quarter (Q4 2019) and there have been some significant changes in the figures. Ripple, who boasts of introducing such solutions as ODL (XRapid), Xpring, RippleNet among others, is known for publishing regular updates and views on the company’s stance on the XRP market in order to ensure transparency on the progress of the platforms as well as inform its stakeholders.According to...

Ripple is making innovations with cross-border payments but is also slowly becoming a force to be reckoned with in gaming. As SBI Investment Korea Director Lee Joo-Hyuk put it, the company is at the center of blockchain use in the gaming industry.Ripple in Blockchain GamingThe investment exec made the comment, referring to Ripple’s involvement with blockchain gaming last year. In spring 2019, San Francisco-based Forte game company announced a partnership with Xpring, Ripple’s investment...