Auto Added by WPeMatico
Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4 New Charges Tacked Onto His Indictment The former CEO of FTX was originally indicted 72 days ago […]Powered by WPeMatico
Finland’s customs officials have revealed plans to sell 1,981 bitcoins that were seized mainly in connection with drug trafficking-related criminal investigations. The majority of the confiscated bitcoins (1,666) are from the Douppikauppa case, the darknet operator who was arrested in 2016. To Sell or to Destroy the Coins According to a report by one Finnish […]
The post As BTC Continues to Soar Finland Wants to Cash in on Bitcoins Seized in 2016 appeared first on Bitcoin News.
Powered by WPeMatico
PRESS RELEASE. Exchase (Exchase OÜ) announced that it plans to build an all-in-one fintech solution that will bring the most popular fintech services and technologies under one umbrella. The Estonian based fintech company has been operating a cryptocurrency exchange, but now seeks to bring on board margin trading, token listing, crypto games, money transfer, binary […]
The post Meet Exchase.io: All-in-One Fintech Service Provider Announces Token Sale appeared first on Bitcoin News.
Powered by WPeMatico
PRESS RELEASE. To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow users to send and receive money from other countries without incurring the high fees charged by most traditional banks. Remitano […]
The post Remitano Makes Cross-Border Money Transfer Much Easier With New “Cash-Out” Feature appeared first on Bitcoin News.
Powered by WPeMatico
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. The increase is thanks “to growth in the number of active bitcoin customers, as well as growth in customer demand as a […]
The post Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million appeared first on Bitcoin News.
Powered by WPeMatico
Over the past eighteen months, there has been a severe uptick in companies trying to use Ripple’s technology. This will lead to some pretty interesting use cases, assuming the underlying technology will perform as advertised. Western Union has confirmed they will begin testing Ripple in USD and MXN corridors fairly soon. Another Notch in the Belt for Ripple When it comes to companies active in the financial sector, it is more than evident something will need to change sooner or later. Most money transfer service providers have a near-global reach, yet their exuberant fees make this model less appealing that
The post Western Union Announces Ripple Trial for USD and MXN Payment Corridors appeared first on The Merkle Hash.
Powered by WPeMatico
Naysayers who say crypto will never take off happily reel off a number of problems the industry faces. But history shows that everything from cash to coins survived similar issues #SPONSORED
Powered by WPeMatico
Ripple was the best-performing cryptocurrency in 2017, having seen an extraordinary rise of over 30,000% in the price of its native digital asset, XRP. The year also saw Ripple make great progress in signing up banks and financial institutions to the platform. According to the San Francisco-based company’s CEO, Brad Garlinghouse, it’s now signing up an average of one bank per week. Some of the more renowned members of RippleNet include MoneyGram, American Express, Western Union, Standard Chartered, Santander, Unicredit, MUFG and BBVA. RIPPLE vs. SWIFT In its mission to save the world from financial exploitation by the big banks and paymentPowered by WPeMatico