Xapo Bank debuts interest-bearing Bitcoin, fiat accounts in the UK
Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts.
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Blockchains need to move toward standards for interoperable asset transfers
Cross-chain asset transfer has been around for several years. The concept developed almost as soon as multiple blockchains were developed and began to gain adoption. In its initial application, the transfers focused on swaps between the chain’s native assets and tokens, which led later to several decentralized exchanges. While exchange of assets has its utility,…
Australian Securities Exchange to triple capacity of DLT system
The new blockchain-based system will replace the existing CHESS system The Australian Securities Exchange will delay its blockchain-based CHESS replacement after huge trading volumes due to the pandemic required a massive expansion of capacity. The DLT- based system had been scheduled for official trials in December, with a planned launch window of early 2022.At its…
Belgian startup debuts Bitcoin payments for parking tickets
The company says it expects Bitcoin and other cryptocurrencies to come into greater everyday use, especially once tokens become more environmentally friendly. 116 Total views 13 Total shares Seety, a digital parking startup based in Belgium, has introduced crypto payment support for parking tickets.According to a report by DataNews on Thursday, the company which is…
Atomic Wallet wins dismissal of class suit over $100M hack
A US judge found a Colorado court lacked jurisdiction over the Estonian-based Atomic Wallet, its CEO and a sister software development firm.
Woori becomes latest major Korean bank to announce crypto custody services
An increasing number of leading South Korean banks are establishing joint ventures with minor ownership to enter the crypto custody market while complying with local regulations. According to a July 11 report from The Korean Economic Daily, the group’s banking unit, Woori Woori Financial Group has become the latest major South Korean financial institution to…
Fundstrat & eToro Analysts Predict Coronavirus Crisis May Strengthen Bitcoin
What has been driving recent Bitcoin price action? Or perhaps more importantly, who? And why does it matter? Lead Digital Strategist at Fundstrat David Grider and Platinum Account Manager at eToro Simon Peters break down Bitcoin’s next move, how the coronavirus and financial crisis may impact the halving, and how Bitcoin’s fundamentals will affect its long-term…
Survey Reveals 87% of IT Professionals Are Concerned With Cryptojacking
Singapore-based unicorn startup Acronis released its latest cybersecurity survey on March 31 today, highlighting that 86% of IT professionals are concerned about cryptojacking.According to the 2020 World Cyber Protection Week Survey, there is a growing fear among IT experts in the face of cryptojacking attacks, as the study shows that 30% of personal users and…
Coinbase says it will ‘evaluate any potential forks’ following the Merge
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