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Banking Giant Sberbank May Launch Token, Digital Asset Trading Platform


Source: iStock/-lvinst- Leading Russian lender Sberbank has hinted that it is on the verge of issuing its own cryptoasset and will seek to launch a blockchain-based platform that will enable its customers to buy digital financial assets. The token will be named Sbercoin, and Herman Gref, President...

Facebook’s Libra Crypto Gets Ready to Launch in January as a Single Coin


Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down version of its original plan. The launch date for Facebook’s libra could be as early as January. Launch Date for Facebook’s Libra The cryptocurrency libra, proposed...

South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges


South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the bitcoin (BTC) holdings of corporate...

Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets


Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s...

Airbnb IPO Prospectus Says Future Success Means Adapting to Cryptocurrencies


The giant online rental marketplace based in San Francisco, Airbnb is considering supporting cryptocurrencies and blockchain technology. The news stems from the company’s initial public offering (IPO) prospectus with the U.S. Securities and Exchange Commission (SEC). Airbnb’s filing...

Spanish Security Giant Prosegur Enters Crypto Custody Race


Source: a screenshot, Instagram/proseguralarmasperu Another international security services behemoth has taken the crypto plunge, with Spanish firm Prosegur launching a dedicated subsidiary that will offer crypto custody services. The company, which is based in Madrid, has over 160,000 employees...

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