Bitcoin Is Still Hot Investment Because of Remittance Capabilities

Regardless of whether bitcoin loses favor with the big name patrons assisting with boosting its worth, there are armies of lesser-realized stalwarts remaining close by. That is incompletely on the grounds that the uncontrollably famous digital currency isn’t only a hot investment for fence funders and corporate magnates—it’s become a financially savvy approach to move cash all through the creating […]

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Ripple acquires stake in cross-border payments firm

Ripple continues its push into the Asian market by acquiring a stake in a cross-border payments firm. According to a blog post, Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo, with the aim to expand RippleNet’s On-Demand Liquidity, or ODL, service that uses the XRP cryptocurrency. The completion of this transaction is subject to regulatory approval, […]

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BC Group’s 2020 Revenue Jumps 32% with Crypto Demand Surge

Hong Kong-listed BC Technology Group, which operates digital asset exchange OSL, published its financials for 2020, showing a 32 percent year-over-year increase, along with growth in all other key metrics. In absolute terms, the revenue of the group company came in at RMB217 million. Revenue from the digital asset exchange stood even higher with RMB151 million, an annual jump of […]

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XRP Jumps after Ripple Acquires 40% Stake in Tranglo

XRP price jumped nearly 5% after Ripple announced that the company has acquired a 40% stake in Tranglo, one of Asia’s largest cross-border payment firms. The San Francisco-based blockchain company is planning to expand RippleNet’s On-Demand Liquidity (ODL) service through the latest partnership. According to the official announcement, Ripple aims to expand its services in Asia and the recent acquisition […]

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Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE

E-commerce merchants can now transact in nearly 40 cryptocurrencies through global payment platform Nuvei.  According to the announcement, merchants partnered with the payment provider can use an array of cryptocurrencies to send and receive payments across 200 countries, including top assets Bitcoin (BTC) and Ether (ETH), lesser known cryptos such as Reddcoin and Bitcoin Gold, and even hyper-volatile coins like […]

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SEC Charges LBRY With Securities Violations for Collecting $11M

The US top regulator has stepped in to stop yet another crypto-related fundraising after its operators failed to register their tokens as a security. The principals of blockchain-based file-sharing and payment network, LBRY were hit by charges brought by the US Securities and Exchange Commission (SEC), which found that their conduct was that of unregistered broker-dealers. LBRY powers decentralized platforms, primarily […]

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Charles Hoskinson Lays Out the Roadmap for Cardano ($ADA) Smart Contracts

Recently, Charles Hoskinson, Founder of Cardano (ADA), as well as Co-Founder and CEO of IOHK, talked about the development roadmap for smart contracts on the Cardano network.  Last Thursday (March 25), Hoskinson talked about the rollout plan for Cardano smart contract support during the “Cardano360” virtual conference: “And now we areheading toward what’s called the Alonzo Phase… And here’s kind of […]

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