XRP shot up 20% today… on old news?
XRP has almost doubled its value over the past week. Go to Source Powered by WPeMatico
Month: November 2020
End of Western Union Remittance Service to Cuba a Boon for Crypto
As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement new restrictions. The new rule is likely … Read more
Bitcoin go up, Coinbase go down: Exchange outages and trader outrage
Coinbase has suffered multiple outages since March, often coinciding with volatile Bitcoin trading days. Go to Source Powered by WPeMatico
US Fed researcher says CBDCs should beat Big Tech payments on privacy protection
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin. Go to Source Powered by WPeMatico
Ethereum-based market platform unveils a new DAO
Gnosis shaped its DAO based on the concept of futarchy. Go to Source Powered by WPeMatico
PayPal CEO: Our platform will ‘significantly bolster the utility of cryptocurrencies’
PayPal’s new crypto services will streamline business adoption of digital assets, says CEO Dan Schulman. Go to Source Powered by WPeMatico
Bitcoin is already outperforming the halving that sparked $20K all-time high
Bitcoin in 2020 is right between its 2016 and 2012 positions, data shows, as six-month performance sees 2.2 times gains. Go to Source Powered by WPeMatico
Poker Site Buys $100 Million of Bitcoin Every Month to Pay Players in BTC
A major online poker website has been buying millions of dollars of bitcoin every day to meet demand from players wanting to cash out in bitcoin. This amounts to $100 million in bitcoin a month as about 95% of players now demand payouts in the cryptocurrency. Poker Site Buys $100 Million of Bitcoin Demand for … Read more
Russia’s Gazprombank debuts Bitcoin trading in Switzerland
The Switzerland-based branch of a major Russian bank has also joined OpenVASP. Go to Source Powered by WPeMatico
Bithumb crypto exchange temporarily closes some offices due to COVID-19
Bithumb’s offline support center in Gangnam is closing down due to COVID-19. Go to Source Powered by WPeMatico
