Wall Street Exodus Continues as Cryptocurrency Industry Becomes More Attractive

Wall Street has always been an exciting place for anyone with financial aspirations. A lot of major firms make up the Wall Street as we know it today, but things have been changing fairly rapidly. Growing interest in cryptocurrency is motivating a lot of people to quit the world’s financial hub in favor of completely different pastures. Wall … Read more

Currencies Direct Successfully Completes xRapid Transaction

The future is looking rather bright for Ripple and XRP. Dozens of financial institutions have taken a keen interest in this project and all of its technology. One firm, Currencies Direct, recently completed an international transaction over the xRapid platform. This is another validation of the XRP asset in the financial sector. xRapid Continues to … Read more

Bittrex Launches USD Fiat Trading

Bittrex has finally introduced fiat currency support. The US exchange, which was established in 2013, subsisted with tether as its USD surrogate until recently, before adding another stablecoin, TrueUSD, a couple of months ago. Around the same time, its CEO Bill Shihara revealed that the platform would be adding USD pairs and today they went … Read more

PR: MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed Circle

Following the announcement that Circle, a fintech startup backed by Goldman Sachs, plans to launch a stablecoin pegged to the U.S. dollar, the blockchain-based ecosystem MoneyToken has confirmed the listing of the stablecoin, Circle USDC, on its lending platform and decentralized exchange. The post PR: MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed … Read more

Austria Shuts Down Alternative Investment Fund Linked to Cryptocurrency

Cryptocurrency mining can be a very lucrative business under the right circumstances. However, there are also a lot of concerns regarding this particular business model, as some governments don’t take kindly to the idea of mining Bitcoin or altcoins at this stage. In Austria, one major mining operation was shut down earlier this week. INVIA GmbH … Read more

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