Blockchain Mortgage Tech Startup Acre Software Raises $6.5 Mln From UK Financial Advisor

UK startup Acre Software raised about $6.5 million to apply blockchain technology to the mortgage and insurance application process for advisers. United Kingdom startup Acre Software raised about $6.5 million to apply blockchain technology to the mortgage and insurance application process for advisers, a press release published on April 4 states. Per the release, nearly […]

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Ripple Co-Founder Gives $25 Million Donation in XRP to San Francisco University

Ripple co-founder Chris Larsen has donated $25 million to San Francisco State University’s College of Business through RippleWorks. Chris Larsen, co-founder of San Francisco-based technology company Ripple, and his wife Lyna Lam have donated $25 million in XRP to a university in California, according to an official announcement on April 5. Larsen and Lam contributed […]

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Gibraltar Stock Exchange Subsidiary Partners With Tokenization Platform

A subsidiary of GSX Group has partnered with Singapore-based technology company STO Global-X to simplify the issuance of tokens. Hashstac, a subsidiary of the Gibraltar Stock Exchange Group (GSX Group), has partnered with Singapore-based technology company STO Global-X to facilitate the issuance of tokens. The development was announced by the Gibraltar Blockchain Exchange (GBX) on […]

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Bitcoin Wash Trading: Sifting Facts From Fears

Some cryptocurrency exchange platforms are inflating their Bitcoin trading volumes to earn higher listing fees, but the market’s liquidity is still due to trading activity on tightly regulated exchanges. In mid-March, Bitwise Asset Management issued a damning report on Bitcoin (BTC) trading figures. The San Francisco-based index fund provider declared that up 95 percent of […]

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Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Service

Veerathai Santiprabhob, the Central bank governor of Thailand, reportedly defined the Ethereum-based remittance system as an important step. The governors of two central banks endorsed the Ethereum (ETH)-based remittance system developed by blockchain company Everex, the firm reported in a press release shared with Cointelegraph today, April 5. The service is set up to send […]

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Crypto Firm Bitpanda Secures Payments Service Provider License Under EU Rules

Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator in accordance with EU-wide rules. Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator. The development was reported by Cointelegraph auf Deutsch on April 4. The license has reportedly been […]

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