Tag Archives: News

Cryptocurrency investment fund Galaxy Digital and over-the-counter (OTC) trading firm XBTO announced they have managed to organize the first block trade ever of Bakkt’s Bitcoin futures contract.In the announcement, Bakkt’s parent company, Intercontinental Exchange (ICE), said the deal is done but hasn’t disclosed any further details (as price or size). Trabue Bland, President of ICE Futures U.S said that since it launched last week, the Bakkt Bitcoin Futures has achieved several milestones,...

As we’re learning, there are multiple uses for blockchain technology (i.e. supply chain data), and IKEA Iceland is proof of that.IKEA and Ethereum: A Solid Match?The furniture conglomerate’s Icelandic offices recently settled an invoice on the Ethereum blockchain, and payment was issued in virtual currency. Ethereum is often sought after for its smart contract capabilities, making it one of the top blockchain to build new coins and decentralized apps on.Unfortunately, according to co-founder...

As we have seen in the crypto world, nobody is safe from crypto-based ransomware, and in the case of one Spanish city – Jerez de la Frontera – that lesson is being learned all over again.Jerez Under FireA hacker has apparently taken an entire city hostage. The computer network of Jerez de la Frontera has been locked up by a malicious actor who is demanding bitcoins in exchange for loosening his or her hold on the system. The attack first began on Tuesday night with what were deemed small...

Eccentric millionaire John McAfee is in the news again. This time, the 2020 presidential candidate found himself mocking Justin Sun on Twitter, saying that he had a bad habit of hyping up events that ultimately never occur.McAfee Points the Finger at SunMcAfee is referring to the $4.5 million lunch Sun allegedly had planned with Berkshire Hathaway CEO Warren Buffett. Over the summer, the lunch was marketed in a way one might advertise a bitcoin hard fork. The situation was being looked at by...

Coinbase, that is a well-known large crypto exchange based in the U.S., has taken a decision to reinstated GBP moves targeted at its UK users. This has become known from the recently published official blog post.The company has further incorporated full support for five brand new crypto assets: XRP, Stellar (XLM), Augur (REP), 0x (ZRX) and Basic Attention Token (BAT) – to GBP digital wallets as the firm reported on a material day. Successful Cooperation between Coinbase and Clearbank Last...

Photo: Vanguard / LinkedInThe Vanguard Group is currently running tests on a new foreign exchange (FX) service which is powered by blockchain technology and will run peer-to-peer. The mutual fund giant is doing this to encourage asset trading and make this activity easier for managers, letting them trade currencies without the costs associated with involving the big investment banks.Bloomberg reports that a familiar source close to the project has revealed that the platform has already been...

Verisart is a platform designed to conduct certification and verification of artworks of different types which is carried out with the help of blockchain. Now it has become known that it has managed to get $2.5 mln in seed financing. The list of the most prominent participants of this round included Sinai Ventures, Galaxy Digital, EOS Fund, and Rhodium. The money raised will be used for further expansion of the company’s art platform.Robert Norton, who is a co–founder and CEO of Verisart...

Apart from its ongoing antitrust investigation as put forward by the Federal Trade Commission (FTC), Facebook is also having a rough time regarding its proposed digital currency, the Libra. A few months ago, Facebook announced its plans to float its own cryptocurrency and also released a whitepaper to the effect.As part of the announcement, a Libra Association was announced, an association made up of several big companies including Uber, Mastercard, Visa, eBay, Spotify and many other...

XRP is the third-largest cryptocurrency by market cap and it is probably the only cryptocurrency with established relationships with traditional financial institutions. If you’ve been following cryptocurrencies, you’ll probably be wondering if you should buy XRP in 2019. XRP was released in 2012 by Ripple Labs Inc with the singular aim of becoming a blockchain-powered solution for sending money across borders seamlessly.You probably won’t be excited to buy XRP in 2019 when you consider the...

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...