Binance could be potentially exploring an opportunity of launching its own stablecoin. It was hinted by the company’s CEO, Changpeng Zhao (CZ). … [Read more...] about Binance could launch its own stablecoin and margin trading
Central banks conclude cross-border payments via blockchain for first time
The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) have successfully discharged trial cross-border payments using blockchain technology and central bank digital currencies. This is the first of a kind testing, reports Coindesk. … [Read more...] about Central banks conclude cross-border payments via blockchain for first time
Paxos to launch gold-based cryptocurrency
New York-based firm Paxos is making waves in the world of cryptocurrency, as it plans to introduce digital tokens backed by precious metals this year. Just six months ago, a stable coin, Paxos Standard, was launched, linking cash reserves to blockchain. Fortune reports that before the year ends the company expects “any type of asset to be put onto blockchain.” Paxos CEO Chad … [Read more...] about Paxos to launch gold-based cryptocurrency
Social marketing platform Rally reaches 50,000 active users
Following continued upgrades to its platform, Rally, the rewards-based social marketing app, has reached a milestone of 50,000 users, showing continued growth in market awareness and enthusiasm. … [Read more...] about Social marketing platform Rally reaches 50,000 active users
FINRA issues ATS license to SeedInvest crowdfunding platform
Circle’s SeedInvest is the first equity crowdfunding platform in the U.S. to receive FINRA approval. … [Read more...] about FINRA issues ATS license to SeedInvest crowdfunding platform
Samsung SDS releases the next version of its corporate blockchain platform
Korean tech giant has introduced a new version of its blockchain platform, Nexledger Universal. … [Read more...] about Samsung SDS releases the next version of its corporate blockchain platform
Crypto news in brief (April 26, 2019): Wirex, Ripple, Ledger, Samsung, Societe Generale, Forbes
- Wirex has partnered with Stellar to launch 26 stablecoins - Ripple sold $169.42 million worth XRP in Q1 2019 - Ledger has secured investment of ~$2.9 million from Samsung - Societe Generale issued EUR 100m of covered bonds as a security token - Forbes released a list of billion-dollar companies implementing blockchain technology … [Read more...] about Crypto news in brief (April 26, 2019): Wirex, Ripple, Ledger, Samsung, Societe Generale, Forbes
Bitfinex allegedly covered $850 million loss using Tether funds
The New York Attorney General’s office has alleged that crypto exchange Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall. … [Read more...] about Bitfinex allegedly covered $850 million loss using Tether funds