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Santander to Introduce Ripple Powered One Pay FX Remittance Service in Latin America
19.8.2019
Santander Group, one of the largest banking conglomerates in the world, will be increasing the use of Ripple’s services, by introducing the Ripple powered remittance service, One Pay FX in Latin America. The banking giant from Spain is building a payment corridor, which would enable users Latin...
GoCo Group Signs Partnership Deal with Fintech Firm Bud
17.8.2019
Over the course of the past half, a decade or so financial technology or Fintech has become one of the world’s most valuable industries, and it is almost certain that the sector is going to grow exponentially in the years to come. Some of the solutions that Fintech companies have come up with...
Chinese Credit Card Repayment Company Samoyed Cancels US IPO Due to ‘Unfavourable Market Conditions’
17.8.2019
The raging trade war between the United States and China is something that is almost always going to be on the background of any business deals that might be taking place, which involves entities in either nation. In a new development, Chinese Fintech company Samoyed Holdings Limited has decided...
Alibaba Co-Founder Joe Tsai All Set to Splash $3.3 Billion to Buy the Brooklyn Nets and Barclays Center
17.8.2019
Over the course of the past two decades, ownership of sports teams has become one of the most important trends among the billionaires of the world, and it is all set to continue. Billionaires and the ultra-rich have bought sports team in the United States and soccer clubs in Europe quite frequently...
US Aviation Regulator FAA Bans Some MacBook Pro Laptops from Flights
15.8.2019
When it comes to flights, regulators need to be extremely careful about what they allow onboard and what not. Even the slightest spark of fire on board can result in a gruesome accident and hence, most aviation regulators across the world take a dim view of anything that could prove to be a fire...
UK Advertising Standards Authority has Upheld Complaint against BitMEX for Placing Bitcoin Ad
15.8.2019
The U.K. Advertising Standards Authority (ASA) has raised a complaint about a bitcoin advertisement placed by BitMEX (HDR Global Trading), Crypto derivatives exchange. The promotion placed on January 3rd, 2019, apparently to celebrate the tenth commemoration of mining of the first block of bitcoin...
Seed SEF Starts Testing of Its Physically Settled BTC Swaps
15.8.2019
Seed SEF (Swap Execution Facility) has begun the UAT (User Acceptance Testing) of its physically settled Bitcoin derivatives, as announced by the firm on 13th August 2019. The testing will continue until early August. The company’s UAT environment is now open for clients to commence trading...
Three of the World’s Biggest Tech Companies to Testify Against French Digital Tax in US
14.8.2019
Over the past two decades, some of the biggest tech companies in the world originated in the United States, but it was not long before those companies expanded into the rest of the world. As long as those companies operating in the United States, they were governed by tax laws in their native...
Binance Jersey Partners with Crypto Platform Caspian for Faster Trades
14.8.2019
Fiat-to-crypto platform Binance Jersey is partnering with a crypto platform that provides trading and risk management
Head of FTC says He is Willing to go After Big Tech and Break the Companies Up
14.8.2019
If there is one thing that has been established beyond doubt, then that is the fact that much of the world is now heavily influenced by some of the biggest tech companies. Hence, over the past few years, there has been the talk among regulators and critics of the tech industry that many of...
UK Advertising Watchdog Upholds Complaint Against BitMEX Bitcoin Ad
14.8.2019
The U.K.’s Advertising Standards Authority (ASA) has upheld a complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX
SEC Lodges Emergency Action Against Fraudulent Organizer of VERI ICO
14.8.2019
The United States Securities and Exchange Commission (SEC) has sought that the assets belonging to the organizer of VERI (Veritaseum) initial coin offering, Reginald “Reggie” Middleton, be frozen. The Commission has accused Middleton for conducting an illegal and fraudulent ICO for the VERI coins...
Barclays May Be Ending Work With Coinbase, Transactions in GBP to Slow
14.8.2019
Sources at Barclays have reportedly confirmed that the bank has stopped working with crypto exchange Coinbase, complicating users transacting with the pound
UN Investigating 35 North Korean Cyberattack Instances in 17 Nations
14.8.2019
The United Nations experts have said that they are probing a minimum of 35 cyberattack incidents in as many as 17 nations carried out by North Koreans. As per The Associated Press reports, North Koreans are using cyberattacks for raising money illegally for the nuclear program. Moreover, they...
PlexCorps and United States SEC Reach Settlement
13.8.2019
According to the latest reports, the case between PlexCorps and the United States SEC (Securities and Exchange Commission) has reached a settlement. Both the individual defendants have given their written consent to pay the fines and refrain from participating in the activity of digital securities...
Banking Giants JP Morgan and Goldman Sachs Caution against Chinese Stocks as Trade War Continues
13.8.2019
The continued trade war between the world’s two biggest economies, the United States and China, has proven to be the biggest economic issue in this decade. On top of that, there is still no sign that the trade war is going to be resolved any time soon, and that has made life extremely different...
Tumblr to be Sold to WordPress Owner Automattic Inc by Verizon
13.8.2019
As the internet has grown more and more influential, plenty of internet properties have been developed by a range of companies. It is important to note that beyond the big names like Facebook or Twitter, plenty of highly influential blogging websites have also been developed and one of the most...
UK Crypto Regulation Is Changing, Recognition Looming at Long Last
13.8.2019
U.K. regulators are finally giving crypto the recognition it deserves
Venezuela National Lottery will Reward the Winners in BTC and Country’s Native Crypto- Petro
13.8.2019
The crypto is enjoying special attention in South America. The people from Argentina are paying a premium for cryptos. On the other hand, there are crypto prizes being offered in the Venezuelan national lottery. The interest in the cryptos is getting stronger, especially when the election’s results...
Humble Starting of a Beast: DeFi Ecosystem has $481 Million locked in
13.8.2019
DeFi (decentralized finance) is the new hot sector in the crypto sphere, and it is growing at a fast pace to take over the conventional financial systems, giving decentralized freedom to the users all across the world. For instance, InstaDApp, and Compound, which are ETH based decentralized...