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Problems Escalate in Venezuela as Millions Rush to Spend Petros
7.1.2020
According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount. At least...
Travala Scores 33% Revenue Growth With 60% of Bookings Paid With Crypto
5.1.2020
Travala, the online platform that allows crypto users to book hotel rooms in thousands of destinations around the world, has registered remarkable growth in bookings during the Christmas holiday season. More than half of those in December were paid in cryptocurrency, with bitcoin cash among...
HSBC Closes 2 Branches Following New Protests in Hong Kong
3.1.2020
HSBC had two of its Hong Kong branches closed on Jan. 2, the first working day of the year, following attacks by protesters during the latest anti-government demonstrations on New Year’s Day. The banking giant also closed seven indoor ATM clusters and announced on Friday it will suspend...
Crypto Banking Race to To Bring Cheaper Services - Analysis
3.1.2020
As the competition among crypto companies is changing, it’s making financial services more accessible and cheaper, says popular crypto researcher known as Hasu in the latest analysis.
While coming from different directions, all crypto companies share the same goal of eventually becoming crypto...
Wifi Sharing Platform Wicrypt Gets Government Grant in Nigeria
1.1.2020
A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive...
Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail
30.12.2019
U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole...
Google Suspends MetaMask From Its Play App Store, Citing “Deceptive Services”
26.12.2019
Google suspends MetaMask’s android client from its Play app store and rejects MetaMask’s appeal
Japanese Financial Services Firm Invests in Crypto Exchange Huobi Japan
26.12.2019
Tokai Tokyo Financial Holdings to invest nearly $4.6 million in crypto exchange Huobi Japan
Banking Platform Cashaa Sees Indian Trading Volume Soar, Adding 5 More Cryptocurrencies
25.12.2019
Banking services platform Cashaa has seen significant growth in crypto trading volume in India since it began offering INR deposits and withdrawals. The platform has cut its fees by more than 50% and is getting ready to add five more cryptocurrencies for users in India, Cashaa has shared with...
Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia
22.12.2019
Germany’s second-largest stock exchange and a major financial services group in Japan have partnered to expand their crypto operations in Europe and Asia. Boerse Stuttgart recently launched its crypto trading platform while SBI has been expanding its crypto business operations for several...
P2P Crypto Trading App Allows You to Protect Your Privacy
21.12.2019
Regulatory pressures as well as the development of third-party, intermediary and custodial services in the crypto space have been limiting the share of peer-to-peer trading. A new contender is now challenging established P2P exchanges by offering users a mobile service that allows them to determine...
Fidelity Exec Predicts Crypto Custodians Will White-Label Their Services
19.12.2019
Fidelity Digital Assets envisions a future where custodians work behind the scenes to store cryptocurrency for other firms’ clients, an exec said
Infosys Launches Distributed Apps for Government Services, Supply Chain Management, and Insurance Services
19.12.2019
Infosys has launched industry-specific blockchain-powered applications for insurance services, supply chain, and government services. All these comprehensive applications are designed to meet the specific needs of these sectors, which will be readily deployed for inter-operability across their...
BitGo Warns Users to Withdraw Bitcoin SV Over Hard Fork Threat to Wallets
19.12.2019
A major code update for the cryptocurrency bitcoin SV will render some features of BitGo's wallets useless, the crypto custodian says
A Better Alternative to Banking – Club Swan
18.12.2019
The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. To add...
Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’
18.12.2019
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show...
Tata’s IT Arm Says Its New Toolkit Will Enable Faster Blockchain App Development
16.12.2019
Tata Consultancy Services has launched a new blockchain developers' kit that it claims will make building apps 40 percent faster
Tata Consultancy Services Launches Blockchain App Deployment Kit
16.12.2019
Major IT services firm Tata Consultancy Services has released the Quartz blockchain app development kit
Uphold Users Gain Access to Salt’s Crypto-Backed Loans
16.12.2019
Uphold users have gained access to loans from Salt Lending using crypto holdings such as bitcoin cash (BCH) as collateral. The digital money platform has more than 1.5 million users globally and has powered over $5 billion in transactions. Also Read: Nexo Now Offers Bitcoin Cash Instant Crypto...
Maduro Plans to Airdrop Petro to Municipal Leaders and Eligible Citizens
15.12.2019
The president of Venezuela, Nicolás Maduro wants the nation state-issued cryptocurrency, petro (PTR) to have the same usability properties as a physical currency. On December 13, Maduro explained on national television that the Superintendence of Crypto-Assets and Related Activities (Sunacrip)...