Different governments around the world were unsettled after American social media giant Facebook announced a permissioned Blockchain digital currency, named Libra. This proposed digital currency that is reportedly backed by a number of major national currencies, did not excite financial…
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A cryptocurrency exchange software bug in Kraken allowed users to buy Bitcoin cheaper than the market price
Crypto exchanges continue to face challenges. Recently, a cryptocurrency exchange software bug in the prominent crypto exchange Kraken allowed users buy cheaper Bitcoin
Bitpay Integrates Ethereum into Global Payment Systems
Bitpay has announced support for Ethereum, in report that indicated that the global Blockchain payments provider will now soon be able to safely, securely, and reliantly accept Ethereum. According to the announcement, businesses that use Bitpay will now be able…
Germany’s Largest Bank joins JPMorgan’s Blockchain Network
The largest bank in Germany Deutsche bank, has joined JPMorgan’s Blockchain-based network; the interbank information Network (INN) The JPMorgan Blockchain initiative was launched bank in 2017 as a pilot, and has since attracted 320 banks which have all signed up…
Facebook’s Libra backed by Several National Currencies
In its journey to get its very own Stablecoin approved by regulators, Social media giant Facebook reportedly shared details regarding the project’s proposed backing reserves. According to a Sep 9 Bloomberg report, the social media giant revealed to senators about…
Connecticut Police Arrest $15,000 Digital Currency thief
Connecticut police have a $15,000 digital currency thief in custody. In a bizarre and surprising tale of crypto theft, the mobile phone digital currency thief got caught after he mistakenly sent an apology email to a detective who was covering…
Crypto Remuneration is Gaining Popularity Across Crypto Friendly Nations
Crypto remuneration is gathering steam around the world. At the moment, paying wages in decentralized digital coins is normal within the crypto industry. There is however no reason why this can’t be the case in other industries as well. A…
Germany Bank WEG Granted Crypto License in Estonia
German Bank WEG just obtained a crypto trading and custody license in Estonia that will see them handle crypto transactions The bank revealed this in a tweet on Aug 25 while also revealing its plans to secure a similar license…
Bank of England Governor: Digital Currency could Replace Dollar
Bank of England governor Mark Carney has suggested that the American dollar could soon be replaced with a digital currency similar to Facebook’s Libra. While delivering his speech at the U.S Federal Reserve’s annual symposium in Jackson Hole, Wyoming, Carney…
Binance to launch a “localized” Stablecoin Initiative
The largest cryptocurrency exchange in the world Binance, has announced plans to launch an ambitious project that will develop cryptocurrencies and digital assets that will be pegged to fiat currencies around the world. The Monday August 19 announcement has revealed…