News

Federal Reserve Bank of Boston Vice President Jim Cunha discussed his views on cryptocurrency adoption and limitations at Forbes’ Annual 30 under 30 Summit on Oct. 2, highlighting asset security remains a significant concern for institutions. Asset Security a Concern for Banks While crypto-enthusiasts await widespread adoption, industry observers shed light on the blockchain industry […]

Ric Edelman, a top Wall Street advisor and the chairman of Edelman Financial Services, LLC, said in an interview with CNBC’s Fast Money that every financial advisor and investment firm should consider allocating capital to Bitcoin. In two months, Bitcoin officially becomes 10 years old. Within a relatively short period of time, the valuation of […]

At Ripple’s annual Swell event on Oct. 1, Spanish financial services firm Banco Santander executives shared their experience of using blockchain-powered payment systems powered by the former’s RippleNet product. In April 2018, Santander launched the One Pay FX–building on RippleNet–for commercial usage and enabling mobile cross-border payments. Ed Metzger, the bank’s Head of Innovation, led […]

Ten months ago, Ken Takahashi started a petition on Change.org to make XRP the official crypto of the 2020 Tokyo Olympic games. Today, it has over 5,200 signatures out of a needed 7,500. Hitting milestones Once created, the petition reached 500 signatures with relative speed, and jumped from 500 to 1,000 in less than 72 […]

On Tuesday, Oct. 2, the Wall Street Journal released a report claiming that trading bots, a popular tool for both cryptocurrency and fiat investors, could be at the heart of the crypto market’s infamous volatility. Bots are commonly used, and you can buy them yourself online or create them if you have the know-how. The […]

In an interview with CNBC’s Fast Money on Monday, Commodity Futures Trading Commission (CFTC) Chair J. Christopher Giancarlo discussed cryptocurrencies, saying he thought they were here for the long haul. Could help in countries with weak currencies Giancarlo said during the interview that he thought the countries who could use cryptocurrencies the most were those […]

San Franciso-based cryptocurrency exchange and wallet Coinbase revealed an innovative method for handling millions of “stuck” Bitcoin transactions on its platform, addressing one of the most voiced problems with the rising asset class on an enterprise level. Bitcoin’s “Stuck” Transactions As published on its official blog on Oct. 3, Coinbase detailed the “Child Pays for […]

Binance, the world’s largest cryptocurrency exchange by daily trading volume, has invested $2.5 million in TravelbyBit, a startup supported by the government of Australia to operate crypto point-of-sale (PoS) systems at the country’s airports. At selected airports including Brisbane, the capital of Queensland, cryptocurrency users will now be able to utilize major digital assets like […]

Those waiting for institutional elephants to jump into the market’s $200 billion paddle-pool may be in for a surprise; as market capitalization simmers barely above its October 2017 levels, it would appear that corporate ‘smart money’ has started accumulating vast quantities of cryptocurrency behind closed doors. According to Bobby Cho, head of global trading at […]

On Monday, Oct. 1, Venezuelan President Nicolas Maduro announced the official launch of the country’s official cryptocurrency, called Petro, alongside the release of the Spanish-language white paper for the coin. From #05Nov, Venezuelans will buy Petros for Bolivar Soberano. They will buy real property, flight tickets, goods, services and save money in our gold, iron, […]