Cryptocurrency Analysis and News Portal
Spanish banking giant Santander plans to expand Ripple-powered global payment solution to Latin America, a Santander spokesperson told CryptoX on Aug. 19.Citing rising transaction volume, Santander wants to expand Ripple’s xCurrent technology to a number of Latin American countries after first introducing the technology in Spain, Brazil, Poland and
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The world’s most dominant cryptocurrency exchange, Binance, is not satisfied with being the best in the industry. It literally wants to own it as Facebook has done with social media. The latest ambitions from the Malta based company include a localized stablecoin initiative that will rival Libra.Facebook in the Firing
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The Crypto Fear and Greed Index has witnessed a sharp fall throughout August, which then accordingly indicated both ‘fear’ and ‘extreme fear’ among cryptocurrency investors.The Fear Index has been trading at its 244-day low (the lower the index is, the more full of fear the market is) this week which
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Ethereum co-founder Vitalik Buterin says the Ethereum blockchain is almost full. In an interview with The Star published Aug. 19, he said the hurdle that faces big organizations interested in the Ethereum ecosystem is the still-thorny matter of the blockchain’s scalability.“Scalability is a big bottleneck”Buterin’s stark comments were made
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The Association of Cryptocurrency Enterprises and Startups, Singapore (ACCESS) has developed a Code of Practice in partnership with multinational law firm Linklaters.A Global Legal Post report published Aug. 19 revealed that ACCESS had the support of the Monetary Authority of Singapore (MAS) — the country’s central bank and regulatory
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Norfolk Constabulary (local police) in the U.K. has recently announced that a 19-year-old man was sent to twenty months in prison and was also required to pay back more than £400,000 by Norwich Crown Court for hacking services that he had provided in exchange for crypto payments.According to Norfolk Police,
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China’s answer to Facebook’s Libra digital currency could help the central bank attract business away from Alipay and WeChat Pay.Speaking to mainstream media outlet the South China Morning Post (SCMP) on Aug. 19, Cindy Wang, an analyst at DBS Group Research, said Beijing could profit from the appeal of
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Another step forward for the crypto industry. Silvergate Bank is turning up the heat in its latest initial public offering (IPO) update, aimed at scaling the crypto sphere by providing funding to crypto firms – both startups and established companies.Struggling crypto companies or startups that are looking to expand their
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On Aug. 18, the developers of ZenGo, a non-custodial keyless cryptocurrency wallet solution, announced that their app now supports Facebook’s Libra testnet.Experimenting with LibraAccording to the announcement, now users “can send and receive Facebook’s new cryptocurrency, Libra, just like any other cryptocurrency in ZenGo.” The developers also noted that
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The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications. According to a report by Indian English-language news daily DNA India on Aug. 19, the government aims to apply blockchain technology in supply chains, agricultural marketing, vehicle registration and document
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