Crypto and digital bank MinePlex secures $100M in funding from GEM
The funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions.
358 Total views
10 Total shares
Related Posts
IMF Chief Lagarde: Distributed Ledger Technologies Are Shaking the System
International Monetary Fund (IMF) managing director Christine Lagarde has said that blockchain innovators are shaking the traditional financial world and having a clear impact on incumbent players.Lagarde made her comments in an interview with CNBC on April 10, following a panel devoted to “Money and Payments in the Digital Age,” as part of the 2019…
Binance exec will remain in Nigerian custody until May 17 bail hearing: Report
The question of Tigran Gambaryan’s bail in Nigeria was expected to be addressed in an April 22 hearing, which has reportedly been pushed back to May 17.
Second largest US mortgage lender will accept crypto payments this year
Speaking during a conference call about the firm’s Q2 results, United Wholesale Mortgage CEO Mat Ishbia outlined plans to accept crypto payments this year. 794 Total views 4 Total shares United Wholesale Mortgage (UWM), the second-largest U.S.-based mortgage lender is planning to accept cryptocurrency payments this year starting with Bitcoin (BTC).UWM CEO Mat Ishbia revealed…
Crypto News From the German-Speaking World: Sept. 2–8 in Review
The German-speaking world continues to see lots of developments in the crypto industry, with the German government clarifying proposed regulations, Switzerland adding a new blockchain hub, while Bitcoin (BTC)-scammers are using Austrian celebrities in fake crypto ads.Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph auf Deutsch.German…
Bitcoin may have played a role in Tesla’s decorrelation from Big Tech
The 20-day correlation between Tesla stocks and the Nasdaq 100 index has sharply dropped from 0.83 in mid-June to 0.14 as of this week. 204 Total views 2 Total shares Market analysts are arguing that Tesla's exposure to Bitcoin (BTC) may be the reason for its sharp decorrelation from Big Tech in recent weeks. As…
Price analysis 10/29: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA
Bitcoin (BTC) is still in a corrective phase but Ether (ETH) has attracted strong buying, which pushed it to a new all-time high on Oct. 29. The successful Altair Beacon chain upgrade seems to have boosted sentiment and it also paves way for the merge with the Ethereum mainnet and the change to proof-of-stake.Meanwhile, MicroStrategy…
Hodlnaut heading for liquidation after failure of restructuring, sale efforts
Recovery from the crypto winter is proceeding, but Hodlnaut won’t survive it. A sealed court order in Singapore appears to spell its doom. 462 Total views 12 Total shares Crypto lender Hodlnaut’s days appear to be numbered after the High Court of Singapore ended judicial management and ordered its liquidation. Users’ funds have been frozen
US Financial Giant PNC to Use Ripple Technology for International Payments
PNC, which is ranked among the top ten U.S. banks, will use RippleNet to process international payments for its customers, Ripple announced Wednesday, September 19.As Reuters reports, a particular PNC unit — Treasury Management — will use Ripple’s blockchain solution xCurrent to speed up overseas transactions held by U.S. commercial clients.Ripple emphasises that xCurrent will…