IBM, Barclays and Citi Team Up to Launch Blockchain App Store for Banks

The Series B will fund a push into Asia and the launch of a derivatives business.The Wintermute team(Wintermute)Jan 20, 2021 at 2:00 p.m. UTCUpdated Jan 20, 2021 at 2:14 p.m. UTCLightspeed, Pantera Join $20M Raise for Crypto Market Maker WintermuteLondon-based Wintermute, an algorithmic liquidity provider for digital assets, closed a $20 million Series B led…

Jul 31, 2020 at 11:56 UTCUpdated Jul 31, 2020 at 11:57 UTCBank of Japan, Tokyo (Leonid Andronov/Shutterstock)The Bank of Japan (BoJ) has moved its most senior economist to lead the department responsible for research and development into central bank digital currencies (CBDCs). Kazushige Kamiyama, formerly director-general of the BoJ's Research and Statistics Department, has moved…

South Korean cryptocurrency exchange Upbit has officially obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).The MPI license enables Upbit to provide regulated digital payment token (DPT) services to its clients in the Southeast Asian city state. Upbit acquired in-principle approval from the MAS in October last year, which enabled

Sep 16, 2020 at 10:32 UTCOrbital shot of the Bahamas and the southern tip of Florida (NASA/Wikimedia Commons)Bahamas to Roll Out ‘Sand Dollar’ Digital Currency Next MonthThe Central Bank of the Bahamas has confirmed it is moving ahead with the nationwide launch of its digital currency sometime in October. The Caribbean nation of just under…

A lawsuit alleging stablecoin issuer Tether and sister exchange Bitfinex manipulated the bitcoin market is getting bigger. On Wednesday, cryptocurrency exchanges Bittrex and Poloniex became the latest defendants accused of fraudulently toying with crypto asset prices in an ongoing class action whose plaintiffs have been pursuing Tether and Bitfinex on allegations of fraud, deception and…

Velodrome is upgrading to its second version, a complete software overhaul, on June 15.The price of VELO has dropped around 8% in the past 24 hours to $0.088 at press time.Velodrome - the largest decentralized exchange (DEX) on layer 2 network Optimism (OP) - will upgrade June 15 to its second version, an entire redesign…

Apr 21, 2020 at 20:39 UTCUpdated Apr 21, 2020 at 21:01 UTCRipple CEO Brad Garlinghouse alleges that he and his company took hits to their brands as a result of these scams allegedly allowed by YouTube. (Credit: CoinDesk archives)Ripple Sues YouTube for Allowing ‘Scams’ That Promise Free XRPRipple Labs and CEO Brad Garlinghouse are suing…

Crypto markets took a sizable gut punch over the weekend, sending investors' sentiment to the basement from euphoric highs only a few weeks ago.Bitcoin (BTC) tumbled below $62,000 on Tuesday, lower by more than 15% from its latest record price above $73,000, while altcoin darlings solana (SOL), pepe coin (PEPE) and dogwifhat {{WIF}} suffered 40%-50%

news Bitcoin (BTC) has risen back above $11,000 after regaining ground lost on July 8 and July 22, when the world’s largest cryptocurrency by total value suffered bearish breakdowns that sent its price below $10,000. At 15:00 UTC on August 4, bitcoin rose above $11,000 for the first time in 21-days. BTC’s price stalled and…