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Bitfinex Completes Another $100M Loan Facility Repayment to Tether

Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether.In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT).Similarly to

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Platform Allowing Trading of Crypto in Custody Completes First $100K Transaction

A new institutional settlement solution that allows clients to trade directly from their custodial accounts has completed its first transaction.Digital asset trading infrastructure provider SettleBit announced this week that it had successfully transferred $100,000 in bitcoin from Prycto Digital to CMT Digital in roughly 10 minutes using a claimed first-of-its-kind

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Ethereum Classic Successfully Completes ‘Agharta’ Hard Fork

Ethereum Classic successfully completed the “Agharta” hard fork at block number 9,573,000 at 06:26 UTC on Sunday, according to etcnodes.org.Similar to the network’s last backwards-incompatible upgrade in September, Atlantis, Agharta makes ethereum classic more interoperable with sister-chain ethereum. As part of the hard fork, the Constantinople and St. Petersburg upgrades

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China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC

The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency (CBDC).As domestic news outlet Sina reported on Jan. 10, People’s Bank of China (PBoC) accomplished the top-layer design of the planned digital yuan, developed relevant standards, carried out research

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Crypto Gaming Platform Litemint Completes the Acquisition of Stellarport

In an official statement released on January 1st, the gaming platform Litemint, and Stellarport, which is part of Stellar ecosystem, announced that the two companies have entered an agreement in which Litemint will be acquiring Stellarport.The press release states that Stellarport provides a compact multi-assets crypto wallet, and conducts and

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R3 Completes Trade Finance Blockchain Trial With More Than 70 Organizations

Banks involved in this month’s trial included Dutch bank ABN AMRO, Mexican bank Banorte, Boston-based Citizens Bank, Frankfurt-based Commerzbank, Hong-Kong based Bank of East Asia and the Saudi British Bank. Other corporations involved included BMW, Saudi Arabia-based International Islamic Trade Finance Corporation, financial services institute SüdFactoring (subsidiary of German bank

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Ethereum Completes Istanbul Hard Fork: Aiming for 3K Transactions Per Second

A big congratulations to the Ethereum (ETH)trade community and the global crypto industry at large. The long expected Ethereum’s hard fork tagged ‘Istanbul’ is finally here and over. Okay, not entirely over as two other networks are expected to go live in the first quarter of 2020.Notwithstanding, the just-concluded upgrade

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Pomp Joins Figure’s Board as Firm Completes $103M Funding Round

California-based fintech company Figure Technologies has completed its $103 million funding round led by cryptocurrency asset manager Morgan Creek Digital. In conjunction with closing the Series C round, the blockchain-focused firm announced that Morgan Creek co-founder Anthony Pompliano had joined Figure’s board, according to a press release on Dec.

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Ripple Completes Promised $50 M Investment in MoneyGram With Final $20 M

Major money transmission network MoneyGram has announced that blockchain-based payments firm Ripple has completed its original commitment with a final $20 million investment.In a Nov. 25 press release, MoneyGram announced that Ripple Labs Inc. has made a final $20 million equity investment in MoneyGram as part of Ripple's original

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