Cryptocurrency Analysis and News Portal
United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has added a British pound gateway to its crypto exchange, The Pit.On Dec. 19, Xen Baynham-Herd — executive vice president of product at Blockchain — told CryptoX that with Brexit on the horizon, the exchange has seen a record number of
Read More
On December 18, Bitcoinbch.com published a video explaining how easy it is to double spend BTC transactions in the wild. Not long
Read More
Bottle Pay, a cryptocurrency payment service startup, announced on December 13th that it will be ceasing its operations from the 31st of December onwards, in a blog post.The company explains that the reason for deciding to end all activities of the company by stating that since it is a UK-based
Read More
Cryptocurrency payment service provider FoPay has acquired Estonian cryptocurrency exchange AliExchange for about $2.9 billion.According to a press release published by FoPay on Dec. 15, the exchange was acquired for 1 million FOIN tokens that, as of the publication of the press release, have a value of $2,955 each,
Read More
Built on Quorum, a permissioned blockchain based on ethereum and developed by JPMorgan, IIN is designed to enable member banks to exchange information in real time, allowing them to verify a payment has been approved. This, the bank says, helps reduce friction in international payments and ultimately leads to faster
Read More
Funds move between users inside the smart contract, which is orchestrated by validators and guardians. When a contract is open, validators package transactions into blocks. Elected by guardians, validators have a near-perfect probabilistic guarantee of participating honestly with safety features such as built-in collateral (to disincentivize cheating). Users also decide
Read More
Japan's MUFG Bank and Recruit Holdings are reportedly launching a digital currency as part of a new payments venture. Source
Read More
“Server-side support is only half the battle, and the most critical aspect of this whole endeavour will be getting people who use Cwtch to a position where they can easily use zcash (and possibly other cryptocurrencies with similar properties) to pay for anonymous services, or even accept it themselves,” Open
Read More
Cryptocurrency exchange Bitfinex has revealed the first of two major upgrades it says will completely change user payments and spending habits. In a tweet on Dec. 2, the platform’s CTO, Paolo Ardoino, confirmed that as of Tuesday, it would support Bitcoin (BTC) transactions on the Lightning Network (LN).The move is
Read More
Cryptocurrency payment startup C Labs has hired former United States government official Jai Ramaswamy to oversee the company’s compliance strategy.On Nov. 26, Coindesk reported that Ramaswamy had joined C Labs, the company responsible for Celo, which is an open platform that makes financial tools accessible to anyone with a
Read More