Cryptocurrency Analysis and News Portal
Earlier this month, Ripple sold $15 million of its MoneyGram stock while not giving any specific reason behind it.A day after the US Securities and Exchange Commission (SEC) filed a lawsuit on Ripple, its partner MoneyGram issued a statement clarifying its association with the blockchain firm.In a press statement issued
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Corporate blockchain solutions provider Waves Enterprises has partnered with Chinese decentralized ledger technology (DLT) startup Conflux Network to boost hybrid data transactions in permissioned networks. The collaboration, announced on Thursday, will see Waves Enterprise using its anchoring technology to allow companies to facilitate data transfer across private and public blockchains.
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Australia-based digital payments infrastructure provider Banxa is set to list on a Canadian stock exchange after being granted approval from local regulators earlier this month.According to a report from the Australian Financial Review’s Street Talk, Banxa’s shares are expected to launch for trading on TSX Venture Exchange on Dec. 25,
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The Australian central bank announced Monday it’s partnering with Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys Software to explore the possible use and implications of a wholesale form of central bank digital currency (CBDC) using distributed ledger technology (DLT). Source
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U.S. banks are looking at ways to handle crypto adoption in the wake of the Office of the Comptroller of the Currency’s (OCC) July decision to allow banks to provide custody for cryptocurrencies, Acting Comptroller Brian Brooks said in a podcast. That may mean partnering with or purchasing custodians, he said. Source
Read MoreNew Zealand-based financial services company Power Finance plans to launch what it’s calling a “world-first” digital version of the New Zealand dollar. Set to launch early next year, the digital currency will employ Distributed Ledger Technology.The ‘Power Dollar’ is not government backed however and is more akin to a stablecoin
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Two exchanges, Poloniex and KuCoin, thatare known to be rivals on the market have taken a decision to become partners. They intend to co-invest in researching and to explore new industry opportunities together.Two of the industry’s best known exchanges have revealed they’ve entered into a partnership. Poloniex and KuCoin, once
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Jewel, which is awaiting regulatory approval to open a bank in Bermuda, is partnering with digital asset custody platform Anchorage. The idea, according to a Monday statement emailed to CryptoX, is for Anchorage to provide digital asset custody services for Jewel, which is applying for a full bank license from the
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The firms will leverage privacy enhancing zero-knowledge proof technology to enable institutional trading firms to cross margin and bilaterally trade derivatives from a single pool of collateral. Source
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Ripple Labs Japanese partner SBI Holdings has set up its new S coin token platform. The platform works on the Corda blockchain. Corda is an enterprise blockchain owned by U.S. company R3.Japanese Bank SBI Holdings Inc. (TYO: 8473), which is a Ripple Labs partner, has introduced its new token platform.
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