News

Twitter CEO Jack Dorsey has presented a possible solution to the issue of Twitter fraud at a Congressional committee Wednesday, stating that the social media platform is currently investigating the application of blockchain technology to create decentralized trust and enforcement mechanisms. The Twitter ecosystem is saturated with scams, fraud and impersonation, and the Twitter cryptocurrency […]

The European Union is currently investigating the potential benefits of adopting a set of common rules regarding the distribution and trading of cryptocurrencies and digital assets, with a report calling for stricter disclosure roles set to be considered by EU finance ministers later this week. The report, prepared by Brussels-based think tank Bruegel for EU […]

Seattle-based Bittrex’s global trading platform continues to increase its credibility by securing a licensing deal with Cryptofacil, a fintech company facilitating clients in Latin America and the Caribbean. Uruguay’s Future in Crypto By marrying Uruguay-based Cryptofacil’s marketing strategy for Latin American customers with Bittrex’s trading platform technology, cryptocurrencies are able to increase their global footprint; […]

Blockchain is enabling a new era of frictionless payments and is disrupting multiple industries across the board–including art. Last month, Andy Warhol’s “14 Small Electric Chairs” was sold on decentralized auction platform Maecenas. First Multi-Million Painting Sold in Blockchain Auction Bidders on Maecenas purchased a 31.5 percent stake in Andy Warhol’s “14 Small Electric Chairs” painting […]

The People’s Bank of China (PBoC), China’s central bank, is expanding its blockchain technology and digital currency research efforts after several successful tests, according to CNStock. China’s Blockchain Push PBoC, the world’s largest bank by total assets, is increasing the scope of digital currencies- and blockchain-enabled finance in the Far East and has partnered with […]

With public adoption on the rise, cryptocurrency trading is expanding across the globe. On Sept. 7, Coinbase Pro will launch cryptocurrency trading support for its U.K.-based customers. Crypto Trading Pairs for GBP Introduced Coinbase Pro will introduce Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC) and Bitcoin Cash (BCH) trading support using British pounds (GBP), according […]

A Queensland-based investment company has come under the Australian Securities Exchange’s (ASX) radar after seeking over $15 million in an initial coin offering (ICO) for a cryptocurrency exchange. A Suspicious Expansion Earlier this year, Byte Power Group (BPG), a conglomerate with interests in food and beverage, energy and cryptocurrencies, was issued a detailed questionnaire to […]

Abra, an all-in-one crypto wallet and exchange, has revealed its support for Single Euro Payment Area (SEPA) bank accounts, which will allow those living in the SEPA zone, including 28 EU nations, to make direct transfers from European banks to Abra wallets. Abra allows its users to buy and store 28 different cryptocurrencies and 50 […]

IBM has officially dipped its toes in the cross-border payments pool, having brought its long-awaited Blockchain World Wire payments system out of beta testing. According to the computing multinational’s website, the Stellar-powered system will be used by financial institutions settling cross-border payments “in near-real-time,” purportedly offering a faster, cheaper replacement for the banking intermediaries of today. […]

Emerging regulations and increasing investor interest have drawn Wall Street into the cryptocurrency sector. With a custody offering still in the works, investment bank Goldman Sachs is holding off on launching a Bitcoin trading desk. Direct Institutional Crypto Trading on Hold Hinting at it earlier this summer, Goldman Sachs executives have confirmed that it is […]