Digital currency wallet and exchange Abra has added native support for ETH. Digital currency wallet and exchange Abra has launched native Ethereum (ETH) support, according to an official blog post published on March 12. Users will now be able to receive, hold, sell and buy ETH directly from the Abra wallet, as well as use […]
Continue ReadingAccording to the Worldwide Semiannual Blockchain Spending Guide, blockchain spending on a global scale will be nearly $2.9 billion in 2019. Global spending on blockchain solutions will reach $2.9 billion in 2019, according to a recent report from advisory services firm International Data Corporation (IDC) published on March. 4. The report dubbed “Worldwide Semiannual Blockchain […]
Continue Reading
The VP of blockchain and digital currencies for IBM, Jesse Lund, has said that he expects Bitcoin to hit $1 million eventually. The vice president of blockchain and digital currencies for IBM, Jesse Lund, said that he expects Bitcoin’s (BTC) price to eventually hit $1 million. Lund made his prediction during an interview with comparison […]
Continue Reading
Crypto markets have continued gaining momentum, with all top 20 coins in green and Bitcoin testing $4,000. Tuesday, Feb. 19: crypto markets have continued gaining momentum, with all of the top 20 coins by market cap seeing green and Bitcoin (BTC) testing $4,000 again, according to CoinMarketCap. Market visualization from Coin360 Following a slight decline […]
Continue Reading
Oman’s second largest bank BankDhofar is now using RippleNet technology for cross-border payments to India. Oman’s second largest bank by market value, BankDhofar, has begun using RippleNet technology for cross-border payments to India. The news was tweeted by the managing director of South Asia and MENA at Ripple, Navin Gupta, on Feb. 16. RippleNet is […]
Continue Reading
JPMorgan Chase is launching its own cryptocurrency in a first for U.S. banking. On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency. Significantly, it is the first time a major U.S. bank has tapped into digital assets for direct use in business operations. It is fair to say that move comes […]
Continue Reading
Argentina settles agricultural chemicals export deal worth $7,100 with Paraguay, accepts payment in Bitcoin. Argentina has settled an export deal with Paraguay in Bitcoin (BTC), Cointelegraph en Español reported on Thursday, Feb. 14. In a reported first for both countries, Paraguay has bought pesticides and fumigation products worth $7,100 from Argentina, using cryptocurrency to settle […]
Continue Reading
Following JPMorgan Chase’s announcement of the upcoming release of their own digital asset, Garlinghouse criticized the move on Twitter. Ripple (XRP) CEO Brad Garlinghouse says the newly-announced digital asset from United States banking giant JPMorgan Chase “misses the point” of cryptocurrency, according to a tweet published on Feb. 14. As reported, JPMorgan Chase revealed its […]
Continue Reading
Ripple’s fundraising arm Xpring invests in a startup that develops applications for XRP Ledger. Ripple’s fundraising arm Xpring has invested in XRPL Labs — a startup that develops applications for the XRP ledger, the company announced in a blog post on Feb. 13. Xpring’s director Vanessa Pestritto has announced that Wietse Wind — a long-time […]
Continue Reading
Remittance company SendFriend has received a $1.7 million investment from investors including Ripple, Mastercard Foundation, MIT Media Lab and Barclays. Remittance company SendFriend has received investments from Ripple (XRP), the Mastercard Foundation, MIT Media Lab and Barclays in a funding round, according to a press release published on Feb. 11. In the round, the firm […]
Continue Reading