Cryptocurrency Analysis and News Portal
Binance, the biggest crypto exchange by volume, and digital asset trust company Paxos announced its partnership to launch a USD-backed stablecoin, which has received approval from the New York State Department of Financial Services (NYDFS)Binance USD available later this monthIn a press release shared with CryptoX on Sept. 5,
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Former blockchain firm ConsenSys’ ventures head Kavita Gupta joined security token project Dusk Network.As industry news outlet The Block reported on Aug. 30, Gupta joined Dusk Network, an Amsterdam-based startup trying to help companies tokenize their equity shares. Dusk Network co-founder Mels Dees claims that the company is also
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Major global aerospace manufacturer Boeing has reportedly joined the governing council of enterprise-focused decentralized network Hedera Hashgraph.Ten members so farThe American aircraft giant is the 10th firm in the list of Hedera’s governing council members, including tech giant IBM, Japanese financial holding company Nomura Holdings, Indian telecom Tata Communications
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Blockchain solutions company PlatOn has created a platform for storing data and calculating the price of used business cars at Beijing Mercedes-Benz Sales Service (BMBS).Calculating and monitoring car pricePlatOn shared the news with CryptoX on Aug. 29. According to the announcement, PlatON’s blockchain-based Vehicle Residual Value Management Platform can
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Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is joining crypto-friendly bank Silvergate’s Silvergate Exchange Network (SEN) to speed fiat transfers.Real-time fiat money transfersGemini announced the move in an official blog post on Aug. 27. According to the announcement, the main benefit of the exchange’s partnership with Silvergate
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Former Morgan Stanley Asia head of derivatives Jeffrey Wang officially joined Amber Group, a Shenzhen-based cryptocurrency company.As Bloomberg reported on Aug. 23, Wang will operate out of Vancouver as the head of Americas for Amber. According to the article, he previously worked at Morgan Stanley with four out of
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Standard Bank, Africa’s largest bank by total assets, has joined blockchain-based trade finance network, the Marco Polo Network.Standard Bank will now develop trade finance solutions alongside major global financial institutions such as French BNP Paribas and Dutch ING, according to a press release on Aug. 22.Backed by the world’s
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Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions.Going beyond the U.S. dollarRipple announced the news on Aug. 20. Per the announcement, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of
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Software engineering and IT consulting services firm EPAM Systems Inc. has joined the Blockchain in Transport Alliance (BiTA) that develops blockchain practices and standards in the transportation, logistics and supply chain industry.According to a press release on Aug. 19, EPAM determined 21 real-world use cases of blockchain tech in
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Crypto market aggregator CoinGecko has joined the network of blockchain analytics and anti-money laundering (AML) company Coinfirm. This partnership will reportedly allow CoinGecko to improve its exchange Trust Score algorithm, as well as provide users with a means to report scams and hacks.The companies shared a press release with
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