One of the world biggest cryptocurrency exchange firms Gemini has chosen ClearBank to provide banking services for its customers in the United Kingdom. The latest partnership with ClearBank means the exchange company will be consolidating on its access to U.K. payment rails, such as Faster Payments and the Clearing House Automated Payment System (CHAPS). In a statement … Read more
One of the largest cryptocurrency exchange Binance has sued Forbes for a misleading article leading to “millions of dollars” in losses. Filing the lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, Binance claimed that “Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To … Read more
PayString may soon become Ripple’s new payment service considering the newest trademark application filed by the San Francisco-based blockchain firm. The report revealed that Ripple registered PayString as a trademark at with the U.S. Patent and Trademark Office (USPTO) late last week. The name is classified in the U.S. under the general categories “Advertising and … Read more
Some Nigerians who abandoned their crypto portfolio are back on trading following the latest surge in the price of bitcoin. It isn’t just Nigeria, the trend started when BTC surpassed $10K a few months ago, some Indians are doing the same. In crypto forum, telegram group which was created by one of Nigeria-based crypto platform, … Read more
Ripple is now worth $10 billion, making it the fourth-largest financial technology (FinTech) firm in the world. Out of the 66 FinTech firms that were assessed, the San Francisco-based Ripple was among the top five, coming behind Stripe, Shanghai-based Lufax, and India-based Paytm One97. In the rating, Stripe is valued at $36 billion, Lufax is worth $39.4 … Read more
PayPal announcement today that its U.S residents can buy cryptocurrencies directly within the payment platform sends a big signal to the crypto world about the acceleration of adoption of the digital coin. The latest announcement gives PayPal customers who are US-based to buy, hold and sell only four cryptocurrencies at the moment, the firm says … Read more
It seems the world is moving towards digital currency, making thousands of people around the world get involved, but as millions of people are embracing digital assets, how do you identify cryptocurrency scams and fraudulent Initial Coin Offerings (ICOs)? In this post, we would share with you some of the red flags to watch out … Read more
Unlike China, Sweden, and Canada, Australia says Central bank Digital Currency (CBDC) is necessary right now, says Reserve Bank, whether the country would consider it in future remains an unanswered question among cryptocurrency enthusiasts. CBDCs are on top of the agenda of several countries around the World, but according to a report, the Reserve Bank … Read more
Cryptocurrency issuers will now be required to register their digital assets with the Securities and Exchange Commission (SEC) in Nigeria Nigeria will now regulate all Digital Assets Token Offerings (DATO), Initial Coin Offerings, Security Token ICOs , and other Blockchain-based offers For those who wish to penetrate the Nigerian cryptocurrency market, there are steps you … Read more
Tom Emmer to accept campaign donations in cryptocurrencies “Increasingly more use of crypto for politically motivated purposes will push crypto acceptance and adaption by the masses – and the political field. Great development,” a cryptocurrency investment platform Crypto Mastermind tweeted Thursday, August 20, 2020 The firm was reacting to the recent announcement by a US Congressman … Read more