FIX Network is partnering with NEM to provide a solution that prevents SIM swapping. In the US alone, over $55m has been stolen through SIM swapping attacks since 2018. NEM, a blockchain-based ecosystem, believes that decentralized apps could provide a meaningful solution to this problem. According to NEM, they’re working with a solution called “FIX […]
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Global payment processors Mastercard and Visa are laying the foundations for crypto support that may drive adoption on a global scale. Leading global payment companies Mastercard and Visa have been making moves to accelerate the support of cryptocurrency payment processors by opening up new options for users around the world. Both companies made strong statements […]
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The price of Bitcoin spikes to $11,200 but three key factors suggest that a short-term pullback is likely as the BTC rally becomes overheated. The price of Bitcoin (BTC) has increased from $10,995 to over $10,200 in the past 12 hours. But while the momentum of BTC also pushed up the price of other top […]
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There’s no doubt noncustodial technology is the future — it’s just a question of when it enters the mainstream. In an increasingly digital world, security is a high-stakes game. The identities of customers along with their privacy and financial information are all in the hands of centralized security systems. We are reliant on these systems, […]
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Lawyers for Brad Garlinghouse haven’t argued the Ripple CEO’s statements in extolling XRP were true, simply that they can’t be proven false. The federal case against Ripple Labs has taken an unexpected turn, as the legal team representing the firm and CEO Brad Garlinghouse have argued any statements they made overstating the utility of the […]
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Thirty new whales are gobbling up XRP in a sign some big investors are rethinking the cryptocurrency. The number of accounts holding more than one million XRP has increased by 3.7% with 30 new whales appearing over the last two weeks, according to Santiment’s holder distribution chart. These investors now hold between $240,000 and $2.4 […]
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Despite early hype, real estate tokenization has failed to garner significant momentum, leading some to question its future viability. As the initial coin offering (ICO) boom subsided and the 2018 crypto bear trend began to set in, many analysts predicted that security tokens may drive the next market cycle — with the vast capital locked […]
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Paxful has released data showing growing usage of its peer-to-peer trading platform in Russia. Data from Bitcoin (BTC) marketplace Paxful shows a huge surge of interest in cryptocurrency peer-to-peer trading in Russia, with 350% growth on a year-over-year (YoY) basis. According to the study, from the period of May 2019 to May 2020, Paxful is […]
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Announcement by U.S. OCC to fuel business opportunities for crypto exchanges, custodians and traditionals banks. The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that nationally chartered banks are allowed to provide cryptocurrency custody services […]
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The Ethereum network appears to be following the likes of Nvidia and other tech sector giants whose use case and growth strategy model evolved over time. In July 2016, a mere four years ago, Nvidia was a $26-billion company focused on GPU chips and graphic card production. In comparison, the long-standing sector leader was Intel […]
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