DBS rolls out blockchain-based banking for institutions

Chris Dodds, who serves on the board of directors of the Charles Schwab Corporation, has joined cryptocurrency exchange Coinbase's board of directors, according to an announcement published October 2.The Charles Schwab Corporation is a brokerage, banking and financial advisory services firm based in San Francisco. Per the firm’s annual report, the company had $3.36 trillion…

Several high-profile investment firms contributed to the funding round, suggesting interest in the space is far from waning any time soon. 406 Total views 26 Total shares Crypto and nonfungible token (NFT) ecosystem analytics firm BitsCrunch has secured $3.6 million in a funding round led by Animoca Brands, Coinbase Ventures, Crypto.com Capital, and others.BitsCrunch uses…

NFTs are purchased for a variety of reasons but according to a new survey from CoinGecko, the majority buy them for utility and long-term profits. 148 Total views 11 Total shares Own this piece of history Collect this article as an NFTUtility and long-term profits have been ranked as the top reasons for buying non-fungible…

An estimate by the World Bank pegged 2016’s global remittance market at $573 billion, and a whopping $422 billion of that went to developing countries.The simple act of transferring money from one country to another — more formally known as remittance — is one economic heavyweight of a market, yet blockchain technology is poised to…

The price of Bitcoin (BTC) dropped from $10,580 to as low as $10,258 on Coinbase on Sep. 13. The 3% fall within nine hours comes after on-chain data hinted at a potential miner sell-off.Miners continue to apply high selling pressure on BitcoinThroughout the past week, on-chain analysts have said that miners have been selling relatively…

In a swift and intriguing turn of events, a previously enigmatic Bitcoin (BTC) address managed to catapult itself to the esteemed position of the third-largest holder of BTC. As reported by Cointelegraph on Aug. 22, the address in question accumulated a staggering 118,000 BTC.While its identity has now been attributed to Robinhood, questions still linger,…

French fintech companies Ingenico and Worldline are set to merge, according to a Feb. 3 press release. The €7.8 billion ($8.6 billion) buyout deal was accepted by shareholders of the companies, both of which had previous exposure to crypto.The merger and significance for shareholdersAs part of the agreement, Worldline will offer Ingenico shareholders a mixed…

By doing so, they have helped regular people become known celebrities, many of whom now hold more influence than TV networks and print media outlets. The same can be said for music streaming services like Spotify and iTunes, which now allow musicians to skip record label deals and simply upload their songs directly to platforms…

A contract-for-difference (CFD) broker says its platform is one of the first to operate in both crypto and fiat currencies — with a simple interface that’s designed to appeal to new and advanced traders alike.SimpleFX says that it already boasts more than 200,000 active traders around the world and aspires to become “the go-to app…