Payments

What to Expect When Congress Talks Crypto (Twice) Tomorrow

1 day ago admin2 0
It’s a crypto doubleheader on Capitol Hill tomorrow. Two U.S. House of Representatives Committees will be hosting hearings on Wednesday to look at the topic from two distinct angles. The House Committee on Agriculture will focus on the emergence of “digital assets” while the Financial Policy Subcommittee hearing will examine “the extent to which the United States government Read More

Crypto Exchange Gemini Hires Former NYSE Tech Chief

2 weeks ago admin2 0
Cryptocurrency exchange Gemini has hired former New York Stock Exchange (NYSE) chief information officer Robert Cornish to serve as its first chief technology officer. The exchange, founded by investor-brothers Cameron and Tyler Winklevoss, announced Friday that Cornish would be in charge of Gemini’s technology team and strategy, according to a press release. Further, Cornish will Read More

Blockstream Launches Tokenized Assets Tool on Liquid Sidechain

2 weeks ago admin2 Comments Off on Blockstream Launches Tokenized Assets Tool on Liquid Sidechain
Blockchain startup Blockstream announced a new custom token creation platform on Monday. The firm has officially launched the Issued Assets (IA) program on its bitcoin-backed Liquid sidechain, allowing users to create their own tokenized assets, according to a press release. These tokens can represent any sort of financial instrument, including fiat currency, crypto assets or Read More

Startup Raises $600K to Build Bitcoin Cash Mobile Wallet

3 weeks ago admin2 Comments Off on Startup Raises $600K to Build Bitcoin Cash Mobile Wallet
CoinText.io, a blockchain startup developing a way to conduct offline bitcoin cash transactions, closed a $600,000 seed funding round, the company announced Friday. Lead by Texas-based Yeoman’s Capital, which has previously invested in Fantom, OpenGarden and tZero, the funding round will be used to develop a mobile wallet which can support bitcoin cash transactions conducted Read More

Senator: Cryptos Pose ‘Host of Challenges’ for Congress

3 weeks ago admin2 Comments Off on Senator: Cryptos Pose ‘Host of Challenges’ for Congress
Cryptocurrencies are “tailor-made” for foreign powers hoping to influence American elections, a security consultant told a group of U.S. senators on Tuesday. Scott Dueweke, director of threat analysis company DarkTower, was one of several witnesses appearing before the Senate Subcommittee on Crime and Terrorism to discuss the potential use of cryptocurrencies by foreign agents in order to Read More

Robinhood CEO: It’s ‘Very Foolish’ to Rule Out Bitcoin

4 weeks ago admin2 Comments Off on Robinhood CEO: It’s ‘Very Foolish’ to Rule Out Bitcoin
More than a million people signed up to trade cryptocurrencies in the days after mobile trading app Robinhood first announced the feature, co-CEO Vlad Tenev at the Future of Fintech conference on Wednesday. The co-founder of the investing app and web platform was bullish on bitcoin despite the price declines seen over the last few Read More

Blockchain Platform to Challenge App Stores With ‘Borderless Payments’

4 weeks ago admin2 Comments Off on Blockchain Platform to Challenge App Stores With ‘Borderless Payments’
A new platform is going to allow anyone to establish their own eCommerce content store and receive payments from anywhere in the world – reducing costs for their consumers and opening the door to fast-growing emerging markets. The platform would allow service providers and other entreprises to build up applications or services on it’s blockchain. Read More

AmEx Is Hiring to Help Sell a Ripple Powered Blockchain Product

1 month ago admin2 Comments Off on AmEx Is Hiring to Help Sell a Ripple Powered Blockchain Product
Payments company American Express is deepening its work with blockchain, recent statements and details on a job posting shows. The partnership between American Express, Ripple and Santander Bank that began back in November of last year is reaching new heights as the trio continues to advance blockchain solutions to foster secure, high-speed cross-border payments. In Read More

Crypto Startup Wala Is Reaching Real Africans with Ethereum Micropayments

1 month ago admin2 Comments Off on Crypto Startup Wala Is Reaching Real Africans with Ethereum Micropayments
In several countries throughout Africa, citizens are spending an average of 27 cents to top up their mobile airtime, and they’re using a crypto token to do it. That might sound strange to many in the crypto industry, since the vision of today’s blockchains allowing the movement of millions of microtransactions across the globe has Read More

How Blockchain Can Finally Fulfill Its Promise in Global Payments

1 month ago admin2 Comments Off on How Blockchain Can Finally Fulfill Its Promise in Global Payments
Julio Faura is the head of blockchain R&D at Santander. There has been much debate about the potential benefits of blockchain technology to improve the world of payments — particularly international payments. This is a business where many different parties need to reach consensus to route the payments, perform currency conversions, and deploy and manage Read More