Tag Archives: Companies

Samsung’s announcement that TRON CEO Justin Sun would speak at the company’s forthcoming Developer Conference took many by surprise. The San Jose event, to be held over two days from October 29, will play host to developers, creators and technologists, with blockchain certain to be a major talking point.What to make of the Samsung-Sun linkup? Or is it premature to refer to it in such terms? After all, Sun is ostensibly in town to be a guest speaker tasked with discussing how the future of...

Two days ago, the biggest cryptocurrency exchange in the world in terms of trading volume, Binance announced it’s launching its new P2P trading facility for trading cryptocurrencies against the Chinese Yuan. Currently, this facility is only available for Android users. However, it has promised to roll-out this facility on iOS and web interface as well.That seems like a huge deal because in June this year, the People’s Bank of China (PBOC), the central regulatory authority that regulates...

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) –...

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...

The Intercontinental Exchange (ICE) in conjunction with their Bitcoin futures platform Bakkt is reportedly seeking to jump ahead of the CME group to release a Bitcoin options contract. This suggests that it wants to beat its CME rival that is considering a Q1 2020 launch for its Bitcoin option contract.Amsterdam-based Deribit already sells Bitcoin options but they have no standing compared to ICE or CME. Reportedly, BTC options will attract more institutional investors and enhance the...

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...

Juno is a new banking solution organization that focuses on redistributed assets decentralized in nature and based on distributed ledger systems and blockchain technology. Recently, it has managed to raise $3 million in seed funding from investors. The firm is said to attract the attention of high profile firms including Polychain Capital and Sequoia Capitals’ Surge. Juno is expected to become available to a few markets this year but it will further expand next year with a fresh new approach...