Friday, August 23, 2019

IMF and World Bank Launch Quasi-Cryptocurrency in Exploration of Blockchain Tech

The IMF and the World Bank have launched a private blockchain and a quasi-coin to learn more about the technology. The International Monetary Fund (IMF)…

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…

Payment Processor Wirex Partners With Stellar, Plans to Launch 26 Stablecoins

United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar and will launch 26 stablecoin on its chain. United Kingdom-based cryptocurrency payment processor Wirex partnered with…

Institutions to Bring Bitcoin to New Heights: 94% Of Endowments Already in Crypto

The institutional narrative has become an integral part of the crypto industry’s story in recent years. As Bitcoin (BTC) collapsed last year, investors held on…

XRP, Libra and Visa to Fight It Out for Cross-Border Remittance Crown

Crypto remittance on the rise as fintech companies increasingly leverage crypto and blockchain to capture the international payments market. The increased penetration of cryptocurrency in the…

Ethereum Consortium Launches Token Initiative With Microsoft, JPMorgan Chase, Others

The Enterprise Ethereum Alliance has launched a blockchain-neutral Token Taxonomy Initiative that will seek to define tokens in non-technical and cross-industry terms. The Enterprise Ethereum…

Japan: Resona Bank Ends Partnership With Ripple-Based Payment App MoneyTap

Major Japanese bank Resona withdrew from Ripple-powered blockchain payment project MoneyTap without specifying the reasons. Major Japanese bank Resona will withdraw from Ripple-powered blockchain payment…

Unconfirmed: Disney Considers $13.2 Billion Equity Deal With Stake in Korbit, Bitstamp

Plans are afoot to give Disney a major say in the fate of Bitstamp and Korbit platforms in future. Two major cryptocurrency exchanges could soon…

Samsung Invests $2.9 Million Into Crypto Wallet Startup Ledger

Hardware cryptocurrency wallet manufacturer Ledger has secured a 2.6 million euro investment from electronics giant Samsung. Hardware cryptocurrency wallet manufacturer Ledger has secured 2.6 million…

Forbes Releases List of Billion Dollar Companies Using Blockchain

Finance publication Forbes has released a list of 50 $1 billion firms that are implementing blockchain technology. Financial news outlet Forbes has released a list…
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