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Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan — XRP Surges
29.7.2021
Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph. Ripple, SBI, Coins.ph Collaborate to Launch Ripplenet’s On-Demand Liquidity Ripple Labs...
Japan to test Ripple’s ODL service for money transfers to Philippines
28.7.2021
Japan’s first On-Demand Liquidity (ODL) service implementation helps Ripple to drive the adoption of crypto-enabled services
SWIFT Ups Competition with Crypto, Launches 'Fast, Transparent Payments' Service
27.7.2021
Global banking payments network SWIFT seems to be aiming to build itself as a stronger competition to cryptocurrencies - it has just launched a new service which they say allows businesses and consumers to send payments quickly, securely, and transparently directly from bank accounts.
SWIFT...
Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges
27.7.2021
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto...
IRS Modifies Crypto Question on Tax Form — Now Focusing on Taxable Cryptocurrency Transactions
24.7.2021
The U.S. Internal Revenue Service (IRS) has modified the crypto question asked on the main U.S. tax form. Reducing the scope of the question, the IRS now focuses on taxable cryptocurrency transactions. New Crypto Question on Tax Form 1040 The IRS published a draft Form 1040 for the tax year 2021...
‘Buy now pay later’ firm Zip plans to offer crypto trading in Australia and the US
23.7.2021
“We know our younger generation of customers seek additional products and services that are relevant to them,” said Zip co-founder Peter Gray
BNY Mellon joins State Street to service new crypto exchange
21.7.2021
Traditional financial institutions like State Street and BNY Mellon continue to get involved in the fast evolving cryptocurrency space
UK Based Startup Scallop Is Leading Crypto-Focused Banking-As-A-Service
21.7.2021
Hundreds of millions of people all around the globe have no checking or savings account! Financial exclusion undermines the quality of life and also delays economic success. The unbanked population has no access to any financial products whatsoever, which is likely to remain if they do not change....
Netflix's Video Game Service Is Saying All The Right Things
21.7.2021
As part of the company’s latest earnings report, Netflix CEO Reed Hastings and Chief Product Officer Greg Peters jumped on an investor phone call to talk about loads of things related to the future of the company. While discussing one of those things, their impending detour into video games, things...
Robinhood Aims for $35 Billion Market Valuation in Upcoming IPO
20.7.2021
An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35 billion in its upcoming IPO. The fee-free options, cryptocurrency, and stock trading service is expecting to sell up to 55 million shares and raise more than $2 billion when the...
Zimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’
20.7.2021
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of defined securities will be made possible via...
Despite Negative Press, Binance Is Still the World’s Largest Crypto Spot and Derivatives Exchange
19.7.2021
While Binance has had a few issues with payment service providers and regulators from a few countries, the centralized cryptocurrency exchange is still the largest trading platform in terms of trade volume. During the last 24 hours, Binance has recorded roughly $8.6 billion in swaps and the trading...
Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm
18.7.2021
A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the facility as the “largest underground crypto farm” found to date but media reports...
LABS Enters the NFT Market – The Real Estate Market Game Changer
15.7.2021
LABS Group, the first end-to-end crowdfunding service in the blockchain and real estate industry, has launched the world’s first community-powered and owned resort – Kunang Kunang Glamping Resort. LABS Group fractionalised the entire resort into 365 Rewarding Timeshare (RTS) NFTs...
Hotbit Unveils Hotbank VIP Investment Service
13.7.2021
Hotbit believes that established digital asset management cannot pursue haste success or instant gains but a combination of a prolonged mentality and continuous growth. As a digital currency, Hotbit review is reportedly flourishing and is anticipated to remain the same for some time. In 2018...
New Samsung service Paperless adds document disposal to enterprise blockchain
13.7.2021
Samsung SDS has launched a new cloud-based blockchain service called Paperless to address forgery and falsification problems in documents
Thousands Of PS4 Pros Discovered In Warehouse Raid
12.7.2021
Ukraine’s Security Service (SBU) busted a cryptocurrency mining farm filled with racks of PS4 Pros for allegedly stealing electricity off the nation’s power grid, the spy agency reported late last week.Read more
Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date
10.7.2021
The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so far. Ukraine Seizes Thousands of Video Game...
NCLA Files Appeal Against the IRS — Law Firm Claims Tax Agency Unlawfully Seizes Crypto Data of Thousands
10.7.2021
On Friday, the public interest law firm New Civil Liberties Alliance (NCLA) filed an opening brief in the cryptocurrency case of James Harper v. Charles P. Rettig. The NCLA argues that Harper’s Fourth and Fifth Amendment constitutional rights were violated by the Internal Revenue Service...
Jack Dorsey’s Square Building Bitcoin Hardware Wallet to Make Crypto Custody More Mainstream
9.7.2021
Jack Dorsey’s payments company, Square Inc., has confirmed that it is building a bitcoin hardware wallet and service with the aim to “make bitcoin custody more mainstream.” Square’s Bitcoin Hardware Wallet in the Works Square Inc. is building a hardware wallet, Jesse...