South Korea-based crypto exchange Coinone has officially launched Cross – a remittance app utilizing Ripple’s xCurrent product to facilitate speedy cross-border payments. Ripple announced Monday that Coinone’s payments subsidiary, Coinone Transfer, is now formally releasing the app – which has been…
Investing in financial markets can be an emotional roller-coaster and the bitcoin market is no exception. When it comes to investment, human emotions tend to oscillate between two extremes – fear and greed – and the constant balancing act between…
Digital banking platform Good Money just raised $30 million in a Series A funding round to continue developing its app. Led by Michael Novogratz’s Galaxy Digital (via its Galaxy EOS VC Fund), participants in the funding round included Breyer Capital,…
Bitcoin’s share of the cryptocurrency market hit an 11-week high on Thursday, market data shows. Data from CoinMarketCap reveals that bitcoin’s dominance rate reached 55.38 percent on Dec. 6, which is its highest level recorded since Sept. 20. At press…
Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), has spoken of the advantages of initial coin offerings (ICOs) as a way to raise capital – with a significant caveat. In a speech last week, focused on reviewing the SEC’s…
Philippe Bekhazi is the CEO of XBTO Group, a cryptocurrency trading firm. — The current wave of stablecoin issuances is a result of the current bear market in underlying crypto assets, leading to upwards of 50 stablecoins on offer today.…
“We don’t want to reinvent the wheel when building [ethereum] 2.0.” Speaking to the complementary efforts of developers working on two separate upgrades to the ethereum blockchain – one dubbed ethereum 2.0 and the other dubbed ethereum 1x – Raul…
Kevin Werbach is a Professor of Legal Studies & Business Ethics at the Wharton School at the University of Pennsylvania, and the author of “The Blockchain and the New Architecture of Trust,” from which this article is adapted. _______ In 2015,…
Kevin Rutter is the research lead at R3. _________ “CBDC, not bitcoin” is the new “blockchain, not bitcoin.” Since 2014, discussions of a publicly accessible digital payment vehicle issued by a central bank have matured significantly. Central bank digital currencies…
The U.S. Securities and Exchange Commission has ordered fund manager CoinAlpha Advisors LLC to pay a $50,000 fine following what it deemed to be an unregistered securities sale. According to the order published Friday, CoinAlpha formed a fund in October…