Bookmarking Crypto Insights
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E-commerce giant Paypal’s stock price surged to a new all-time high of $223.16 on Monday, December 14. Since November 12, when the payments giant opened the way for its US customers to start trading cryptocurrency, the stock has soared 17%. Paypal’s Turnaround The stock’s record-breaking performance comes after Paypal recently reported a drop in its … Read more
In an apparent snub to Ripple, Thailand’s oldest bank, Siam Commercial Bank (SCB) is set to open a new cross border remittances corridor in partnership with Lightnet, a fintech company that uses the Stellar blockchain. SCB says the partnership opens the door for more efficient cross border funds transfer from South Korea to Thailand. Before … Read more
The IMF’s managing director lays out four pillars for the future of digital money as it relates to artisans. Go to Source Powered by WPeMatico
A survey commissioned by Satoshilabs finds that from the 45.8% of American respondents that say they own cryptos, nearly all of them (95%) believe cryptos to be a genuine currency solution. In addition, about 31.7% of those surveyed see crypto as a legitimate alternative to the U.S. dollar, while 40% still slightly favor fiat cash. … Read more
The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes an average of six transactions per second (tps), with the highest … Read more
Tutors, taxi drivers and repairmen will be able to take advantage of Alfa-Bank’s blockchain-based services. Go to Source Powered by WPeMatico
The sector has a long way to go in terms of accessibility if DeFi really wants to challenge traditional financial institutions. Go to Source Powered by WPeMatico
True innovations are a serious problem for traditional financial institutions, but fintech and crypto startups have the solution. Go to Source Powered by WPeMatico
CFO at Singapore’s central bank told Cointelegraph about his plans to implement Singapore’s wholesale CBDC. Go to Source Powered by WPeMatico
A new WEF report touts blockchain technology as a cornerstone of environmental sustainability. Go to Source Powered by WPeMatico