IBM and FX Giant CLS Team Up to Launch Blockchain App Store for Banks
Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.
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SHIB to Get More Scarce as Key Exchange Expands to Shibarium
ShibaSwap expanded to the Shibarium blockchain, allowing users to create new liquidity pools and earn fees from providing liquidity.Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply.ShibaSwap, the decentralized exchange (DEX) associated with the Shiba Inu (SHIB) cryptocurrency, said Thursday it was live
CoinDesk 20 Performance Update: HBAR Drops 3.5%, Leading Index Lower From Monday
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Ripple Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says
A landmark judgment about whether the Ripple-linked XRP token is a security is unlikely to impact plans for the wind-up of bankrupt crypto lender Celsius, the bankrupt crypto lender’s counsel told a New York court on Tuesday.Last week a court ruled XRP constituted a security when offered to institutional buyers like hedge funds – something…
Messaging Giant LINE Wins Japan License for Crypto Exchange Business
news LINE, provider of Japan’s most popular messaging app, has just been approved for a cryptocurrency business license in the country. The news, reported by CoinDesk Japan on Friday, means it will be able to offer its crypto exchange services in Japan where it has 80 million monthly active users. The new platform is to be…
Crypto Wallet Giddy Raises $6.9M in Funding to Further Self-Custody Adoption
"Crypto users understand now, more than ever, that there are serious risks with a third-party holding their tokens for them," Giddy said in its statement. "Crypto, at its core, is about taking back control of your finances and embracing financial freedom, but this cannot happen as long as the mainstream continues to rely on centralized,…
Ken Kurson, Trump Family Friend and Ripple Board Member, Arrested on Cyberstalking Charge: Report
Oct 23, 2020 at 17:52 UTCUpdated Oct 23, 2020 at 18:12 UTCKen Kurson (Astrid Stawiarz/Getty Images for DuJour)Ken Kurson, a board member of payments firm Ripple and the co-founder of cryptocurrency website Modern Consensus, was arrested Friday and charged with cyberstalking in connection with his divorce, the New York Times reported. Kurson, who is a close…
SEC Seeks Court Sanction Against PlexCoin ICO Founders
The U.S. Securities and Exchange Commission (SEC) is seeking further action against the founders of the PlexCoin crypto scheme, which it had previously shut down as a fraud. First reported by Finance Magnates, the SEC submitted a document to the New York Eastern District Court on Tuesday, requesting to file a motion for sanctions against the two founders,…
Crypto Lender Credix Brings Additional Private Credit Pool on Solana With 11% Yield
Decentralized finance (DeFi) credit marketplace Credix Finance has opened a new private credit lending pool using the layer 1 blockchain Solana, the firm said Wednesday.Lenders can capture near 11% annual yield investing in insurance-protected private credit to Colombian farmers backed by receivables, said Credix, which believes the pool could swell to $150 million over the…