UniCredit, one of the largest financial services providers in Europe, and JPMorgan, the US-based banking giant, recently announced that both organizations have collaborated on SWIFT Go payment transactions between Europe and the US. According to an official announcement shared by UniCredit, SWIFT Go allows businesses and consumers to send payments in a secure and transparent environment. The newly formed partnership […]

Dataset from Foundry shows that four states in the U.S. have the highest Bitcoin hash rate distribution. The dataset shows that many Bitcoin miners are headed to New York, Kentucky, Georgia, and Texas. Foundry U.S. is the largest mining pool in North America and the fifth-largest globally. The hash rate is a measure of collective mining power. A mining pool enables […]

It’s that time of the week when we take a look back at the news stories that dominated the worlds of Forex, Fintech, and Crypto, in our best of the week segment. XRP Whale Moves 20 Million Coins to Bitso Exchange The trading week kicked off with news of a big XRP transaction. Finance Magnates reported on Monday, one transaction […]

Tesla fans can once again purchase their next vehicles with crypto, though it really has nothing to do with Elon Musk. You Can Buy a Tesla with Crypto, But Musk Isn’t Involved The payment protocols come by way of a new company called Car for Coin, a digital currency marketplace designed to help crypto collectors purchase exotic and rare vehicles […]

As the former Securities and Exchange Commission (SEC) chairman, Jay Clayton oversaw the financial agency for approximately four years. He came down hard on the industry many times, and initiated penalties to companies that claimed their securities were mere “tokens” or “coins” that the SEC held no jurisdiction over. Jay Clayton On the Future of Crypto However, despite this hardcore […]

Clothing provider Pacsun has agreed to accept digital currency payments for goods and services. The company is just the latest in a string of firms to say “yes” to cryptocurrency payments and thus is pushing bitcoin and its digital counterparts closer towards their initial goals. Pacsun Says “Ok” to Crypto Payments While bitcoin and its crypto cousins have long served […]

Ethereum has been distant from the glitter and limelight as it turns heavy on the pocket for many in the space. Meanwhile, miners have buckled up, for the next big move. According to reports, more developers have entered the Ethereum ecosystem this year. Then the previous two years combined.  Consecutively, the amount of ETH held by miners has seen the […]

Twitter, which has seen its user base steadily grow to surpass 185 million users last year, is experimenting with NFTs to allow users to display their collections as their profile pictures. According to Mada Aflak, a senior software engineer at Twitter, the microblogging platform is working on new functionality that will let users import their NFT collections from their wallets […]