Tag Archives: Companies

Ripples’ XRP has been pegged to several cryptocurrency pairs on Binance DEX independently of Ripple‘s Mainnet. Binance CEO Changpeng Zhao indicated this in a tweet:This was suppose to be announced a bit later. But such is the nature of blockchain project, #transparency. Can't hide anything.Well, there you go, #XRP (on chain pegged) on #BinanceChain and @Binance_DEX.Guess which flood gates this opens up? https://t.co/Mxpm5jZCfz— CZ Binance (@cz_binance) October 3, 2019Binance Dex, the platform...

Although Apple is making an aggressive move in the fintech and global payments industry, the tech giant has no plans to step in the crypto space for now. Apple Inc’s chief executive officer Tim Cook recently said that his company has no plans to launch its own digital currency.During an interview with French financial newspaper Les Echos, Cook said that matters related to currency should remain in the hands of countries and their respective governments. He added:“I really think that a...

Founded in 2017, ASR Cryptotechnology is a blockchain startup that is building a result-driven smart contract platform. It is headquartered in Czech Republic, and the main aim of its activity is to offer business solutions that can satisfy the modern needs of the world that is now focused on such processes as tokenization and blockchain adoption.Aerum BlockchainThe company has introduced blockchain that is named Aerum. It is driven by the ATMOS 1.0 protocol which is a special cross-chain...

Vega Protocol, a fully decentralized trading technology platform, has just announced it has successfully concluded a seed round and raised more than $5 million. The funding round was led by Pantera Capital and also had a few others as participants, including Xpring (Ripple), Focus Labs, Rockaway Blockchain, KR 1, Hashed and RSK Ecosystem Fund, among others.According to a press release, Vega’s aim is to provide a blockchain network that will allow traders to make beneficial moves for...

Photo: The Coinbase BlogPremier cryptocurrency exchange Coinbase has announced that it will offer interest on deposits in stablecoin USD Coin (USDC) for 1.25% APY. This indicates its willingness to encourage more of its large database of users to deposit their holdings in the cryptocurrency token. Transferring the value of the US Dollar which in itself is a significant advantage, the move is aimed at bringing respite to crypto users who always face the volatility which occurs on most of the...

IKEA, the world’s largest multinational furniture retailer based in the Netherlands, has successfully settled an invoice, receiving payment for goods bought by Iceland’s Nordic Store, using Monerium’s programmable digital cash. The initiation and completion of the transaction were carried out via Tradeshift – a global leader in the supply chain financial sector – on the Ethereum blockchain. The digital cash used in this transaction is a direct virtual form of the Icelandic official currency...

Telegram Open Network (TON) announced in its letter to investors that it is close to its planned launch.Mitja Goroshevsky, CTO of TON Labs, a startup building tools for TON developers, said that TON Labs itself “will run and manage its own validation pool.”He confirmed the authenticity of the letter saying that original investors received emails from the Telegram core team and that is expected from them to provide Telegram with their public keys by Oct. 16 using the key generator in order to...

There has been a lot of negativity surrounding the launch of Facebook Libra over the last few months. Global regulators and banking institutions have showered severe criticism over the project. However, despite several kickbacks, the Libra Association is proceeding ahead with its plans of mainnet launch.Recently, the Libra Association has published a new roadmap that highlights 4 major milestones to be attained before the launch of the Libra network. The Calibra team says that the first...

To make sure that Ripple‘s XRP begins to function on a broad basis, Ripple Labs has introduced the Xpring platform in order to enable third parties to be able to use XRP’s Mainnet for different kinds of applications like never before. One year after Ripple announced the existence of the platform, the XRP development team decided to enable just about anyone to be able to create smart applications that use XRP as the main token of execution of transactions.Ripple indicated this in a tweet that...

Photo: ShutterstockAn abbreviation STO stands for Security Token Offering. STOs are similar to ICOs but have some fundamental differences. For instance, security tokens are regulated offering like traditional securities and are subject to the same legal compliance requirements. Their key difference is that a security token records the ownership of the investment product on a blockchain.The interest in STO lists has grown recently as startups and established companies are looking for new...