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Ripple’s Xpring Acquires Payment Platform Logos Network to Pursue DeFi

Ripple, the San Francisco-based startup behind the third-largest asset on the crypto market, XRP, has acquired payments platform Logos Network to develop decentralized financial (DeFi) products.Per a Sept. 27 blog post, Ripple’s Xpring initiative, the company’s investment arm, has onboarded Logos Network. Logos Network is a distributed ledger-based payment

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Facebook’s David Marcus Advocates for Blockchain-Based Payment Networks

David Marcus, the head of Calibra at Facebook, has set forth arguments in favor of blockchain-based payment networks.In a Sept. 25 blog post, Marcus pointed out shortcomings of existing payment systems such as regional and international networks, including SWIFT and RT1, central banks and others. Marcus began by noting

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Multinational German Bank Deutsche Joins JPMorgan’s Blockchain Payment Network

The multinational German investment bank, Deutsche Bank, is joining JPMorgan’s blockchain-powered cross-border payment messaging system, also known as Interbank Information Network (IIN).The aim of JPMorgan’s growing blockchain network is to counter the inefficiencies of the SWIFT payment system. SWIFT payments are cross-border transactions that are sent via SWIFT international payment

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Square Crypto Grants $100,000 to Open-Source Crypto Payment Processor

Bitcoin (BTC)-supporting payments service Square Crypto is giving the first of what will be many grants to support open-source Bitcoin projects to BTCPay Foundation.BTCPay receives $100,000 grantOn Sept. 14, Square Crypto, the crypto-focused branch of mobile payment company Square, took to Twitter to announce that it is providing BTCPay

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Roger Ver from Bitcoin.com and Pangea Blockchain Fund Invest 4 million Euro into Crypto Payment Startup Eligma

Roger Ver from Bitcoin.com and Swiss investment firm Pangea Blockchain Fund have invested some 4 million euro into a Slovenian startup called Eligma this week. The startup has received plenty of international attention on the blockchain scene and started its innovation path with a public crowd sale in 2018. advertisementRoger Ver,

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Blockchain.com Partners with Payment Processor BitPay

Cryptocurrency wallet provider Blockchain.com has announced a partnership with a Bitcoin payment processor, BitPay. Through the partnership, Blockchain.com is expected to incorporate BitPay’s payment technology into its wallet service. Blockchain.com Users to Get Access to BitPay’s Network Blockchain.com is currently the world’s most popular Bitcoin wallet provider with over 30 million wallet

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Analysis: China’s State-Sponsored Cryptocurrency to Disrupt the Mobile Payment Market

After witnessing the success of digital currencies throughout the world, the People’s Bank of China is getting ready to launch a state-sponsored digital currency, and according to new analysis, it may overtake the mobile payment market from Alipay and WeChat Pay.The world is slowly moving towards online channels for payment

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