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Facebook Plans to Redesign Project Libra Due to Regulatory Hurdles

March 4, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Facebook and the Libra Association are making plans to redesign project Libra in a bid to scale the ending regulatory hurdles that have plagued the global crypto project. Sources say the proposed Libra network may function as a payments network, supporting other cryptocurrencies including central bank digital currencies (CBDCs), reports...

MakerDAO (MKR) Partners with Simplex to Enable Dai (DAI) Purchase with Fiat

March 4, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

MakerDAO, Ethereum-powered decentralized finance (DeFi) heavyweight, has joined forces with Simplex, a European Union-licensed firm that provides a fiat gateway to leading bitcoin trading venues. The deal will enable Simplex to create a fiat on and off-ramp for the DAI dollar-pegged stablecoin, according to reports on March 3, 2020. Simplex...

UAE: National Bank of Fujairah Adopts RippleNet for Cross-Border Payments

March 3, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

The UAE's corporate bank, National Bank of Fujairah (NBF) has joined RippleNet, a global payments network to make easy and seamless cross border payments to India. Also, the corporate bank will use the blockchain-based payments network to send and track international payments in real-time, according to a Ledger Insights report...

Coronavirus: Millennials Choose Bitcoin as the Best Investment

March 3, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

iTrustCapital, a Los Angeles-based firm that enables clients to buy and sell bitcoin (BTC) and other cryptocurrencies, as well as physical gold in retirement accounts on a 24/7 basis, has released its latest survey report which reveals that most millennials prefer to invest in digital assets and gold in the...

Tron’s Native Digital Wallet Records Biggest Token Burn to Date

TRON (TRX) Wallet v3.1.5 Launches with BTC/USDT Swap Support

March 3, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Justin Sun’s TRON (TRX) team and Getty/IO have announced the release of the TronWallet 3.1.5. Update, which features a bitcoin (BTC) tether (USDT) swap service and more, according to a blog post on March 2, 2020. TronWallet Gets New Update In a bid to make it possible for users of...

West Virginia Dumps Voatz Blockchain Voting App Due to Security Concerns

March 2, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Authorities in West Virginia have stated that the region may no longer use the Voatz blockchain-based voting application due to security concerns cited by researchers at the Massachusetts Institute of Technology (MIT) and the Department of Homeland Security (DHS), according to an NBC report on February 28, 2020. Voatz Suffers...

Binance Inks Deal with Turkish Bank Akbank for Direct Lira Transfers

March 2, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Binance, a leading cryptocurrency exchange in terms of trading volume and users, has announced its partnership with Turkey’s Akbank, one of the largest banks in the Western Asian nation. The alliance makes Akbank the first lender ever to directly integrate with Binance and it will also allow users to deposit...

Brad Garlinghouse: Ripple Wouldn’t Be Profitable Without Selling XRP

March 2, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Brad Garlinghouse, the CEO of Ripple, the cross-border payments and remittance-focused distributed ledger technology (DLT) project in charge of XRP (XRP), has stated categorically that the firm will continue to sell large chunks of the altcoin, as dumping the altcoin on the market from time to time helps Ripple to...

IOST (IOST), Kindai University Academic Theatre Complete Blockchain Hackathon

February 29, 2020 by Ogwu Osaemezu Emmanuel at Altcoins, News

IOST (IOST), one of the most robust blockchain networks for the development of highly functional decentralized applications (dApps), has completed a two-day blockchain hackathon in collaboration with the Kindai University Academic Theater. The event was attended by both newbie and expert programmers from all walks of life and each team...

Microworkers Taps Ontology (ONT) for Faster Payments and Identity Management

February 28, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Microworkers, an online marketplace for freelance jobs established in 2010 by Nhatvi Nguyen, has integrated Ontology (ONT) into its processes, to enable lightning-fast payments with the ONT altcoin and also store users reputation data on the blockchain, according to a press release on February 27, 2020. Microworkers Adopts Ontology (ONT)...

Ethereum Classic (ETC) Now Supports Decentralized Oracles via Chainlink (LINK)

February 28, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Ethereum Classic Labs, the team in charge of Ethereum Classic (ETC), has joined forces with Chainlink (LINK), a blockchain-powered decentralized oracle network that makes it possible for smart contracts to access off-chain data feeds, web application programming interfaces (APIs) and more, in a secure manner. The partnership will see to...

TrueUSD Holders Can Now Spend TUSD at All Visa-Supported Merchants

February 27, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Crypto.com, a crypto-powered platform that allows users to buy, sell and pay (or get paid) with Bitcoin (BTC) and altcoins, has integrated TrueUSD stablecoin into its MCO Visa Card, to enable TUSD holders to easily spend their coins at all Visa-supported locations around the globe, according to a blog post...

Azimo Taps Ripple’s On-Demand Liquidity and XRP for Remittances in the Philippines

February 27, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Azimo, a London-based online remittance platform has joined forces with Ripple blockchain project, in a bid to leverage the latter’s XRP-powered on-demand liquidity (ODL) solution for faster, cheaper cross-border payments to the Philippines, according to a press release on February 26, 2020. Azimo Adopts Ripple’s XRP Whilst Ripple’s RippleNet blockchain...

Everything You Need to Know About Cryptocurrency Regulations

Hong Kong Regulators Set to Tighten Oversight on Bitcoin Exchanges

February 27, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Authorities in crypto-friendly Hong Kong have revealed that the nation is making plans to further increase regulatory oversight on bitcoin (BTC) trading venues and crypto-related businesses operating in the state, in accordance with the recommendations of the Financial Action Task Force (FATF), according to a speech on February 26, 2020....

South Korea: 3 More Financial Institutions Tap RippleNet for Remittances

February 26, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Ripple, the San Francisco-based distributed ledger technology (DLT) company in charge of the XRP altcoin, has announced that three more fintech startups in South Korea have joined RippleNet, according to a blog post on February 25, 2020. More Firms Tap Ripple’s Blockchain Technology In a bid to help their clients...

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