Tuesday, July 27, 2021
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Mass adoption looms as South America’s second-largest company accepts crypto payments

On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system. The $81 billion retailer is the second largest company in South America and is present

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Argentina’s Ripio acquires Brazil’s second-largest crypto exchange

Ripio, a digital asset company based in Argentina, has purchased major Brazilian crypto exchange BitcoinTrade.According to Argentine newspaper Ambito, the acquisition is part of Ripio’s plan to spread across South America. BitcoinTrade is reportedly the second-largest crypto exchange in the country by volume. Ripio CEO and co-founder Sebastián Serrano said

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Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources

BBVA, the second-largest bank in Spain, with about $840 billion in assets, is poised to enter the cryptocurrency trading and custody space, according to two people familiar with the plans.The Spanish bank will begin its crypto offering out of Switzerland, said a source. Switzerland has relatively comprehensive rules around digital

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Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History

'Buy Bitcoin' Searches Skyrocket, Volumes Spike, Account Signups Swell As Coronavirus Fears HeightenExchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop people are looking to buy bitcoin. During the week of the crypto market massacre that started on March 12, Coinbase broke

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Second-Largest Indian State to Use Blockchain in Various Spheres

The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications. According to a report by Indian English-language news daily DNA India on Aug. 19, the government aims to apply blockchain technology in supply chains, agricultural marketing, vehicle registration and document

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Japan’s Second-Largest Securities Brokerage Daiwa Completes Blockchain Pilot

Daiwa Securities Group, Japan’s second largest securities brokerage, has announced the completion of a blockchain proof-of-concept (PoC) in a press release shared with CryptoX on Feb. 19. The PoC implemented blockchain in the trade matching of post-trade processing.The blockchain pilot project, dubbed “JPX Proof-of-Concept Testing for Utilization of Blockchain /

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Second-Largest Korean Political Party to Implement Blockchain for Member Processes

South Korea’s conservative political party, the Liberty Korea Party (LKP), has declared their aim to use blockchain technology in four major areas, according to an official announcement published on Jan. 31 .The LKP, previously known as the Saenuri Party, is currently the second-largest party within the South Korean national legislature,

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Germany’s Second-Largest Stock Exchange and SolarisBank Partner to Launch Crypto Exchange

SolarisBank and Stuttgart Exchange Group are jointly developing infrastructure for a cryptocurrency exchange, CryptoX Germany reports Dec. 12.The Stuttgart Exchange, founded in 1860, is the second-largest stock exchange in Germany and the ninth-largest in Europe. SolarisBank, on the other hand, is a German fintech company established in 2015 that holds

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Bitcoin Mining Difficulty Just Saw its Second-Largest Drop in History

The crypto market’s prolonged decline has finally begun to manifest in the bitcoin mining industry, which had at times seemed impervious to falling prices but is now experiencing a moderate exodus. Bitcoin Hash Rate Begins Rare Decline At a basic level, miners produce Bitcoin blocks by competing to solve complex mathematical problems.

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