Ripple, the blockchain platform for the banking industry has announced the closure of a successful fundraising round. In this second investment round, the platform has raised $55 million from multiple investors. The US-based Ripple platform is known to offer blockchain based cross-border payments technology for banks. The technology enables banks to transfer funds to branches […]
Ripple, a global provider of cross-border settlement solutions, has secured $55 million in Series B financing from new investors that include SCB Digital Ventures (the venture arm of Siam Commercial Bank), Standard Chartered, Accenture Ventures and SBI Holdings. The company will use the funds to support growth and purse strategic partnerships. Other new investors include […]
A major standards body has created a technical committee for blockchain and put Australia in charge of the effort.
September 15, 2016, Romania, Bucharest – It is no secret that the currency exchange and trading industry is now heavily dependent on the internet, thanks to electronic payment systems and the emergence of cryptocurrencies. The evolution of the financial system from regular fiat currency to a combination of fiat and cryptocurrencies has also influenced traders around […]
September 15, 2016, Geneva, Switzerland – Spells of Genesis, the first ever Bitcoin blockchain based mobile game with its own cryptocurrency is finally ready for today’s soft-launch. Spells of Genesis guarantees a treat for online game lovers who share the enthusiasm for cryptocurrency and its underlying technology. EverdreamSoft, the development team behind the Spells of Genesis […]
Two notable blockchain developers are releasing an open-source smart contract security tool.
Bitcoin price trend remains up but a downward correction prior to the next wave of advance remains likely. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of analysis: 14h00 UTC Thursday Bitstamp 1-Hour Candle Chart From the analysis pages […]
Straits Financial has become the first U.S.-based futures commission merchant to integrate BitPay as a payment option for their customers. In addition to BitPay, Straits is also working with digital bank WB21 to allow customer bitcoins to be converted into a variety of different fiat currencies. BitPay believes their service can significantly reduce the amount […]
Bloq Economist and Bitcoin Hivemind creator Paul Sztorc has been fascinated with prediction markets for many years, and he views these mechanisms for the creation of “event derivatives” as an essential public good. Although Sztorc had been a supporter of centralized prediction market InTrade in the past, he now sees the need for a blockchain-based […]
Traditionally, gold has been the most trusted form of currency, globally. Up until the 1970’s, most paper currencies were backed in some shape or form by the barbaric relic. Due to the monetary folly of negative interest rates, western global savers are rediscovering the similar properties shared by money and the shiny metal. In Germany, […]