Crypto loans provider Nexo has announced that XRP is now accepted as a collateral option for users to access instant loans. Announcing the move on its official blog last week, Nexo revealed that the decision was taken following the outcome of a community poll which indicated that users wanted XRP added as an option. The
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Blockchain, a leading European cryptocurrency wallet provider, has reportedly launched its own over-the-counter (OTC) trading desk for digital assets. According to a recent report, Blockchain has launched the trading desk in recent week in order to execute large trades off of major public crypto exchanges, such as Coinbase or Binance. Insiders familiar with the matter state […]
Providing affordable, instant and a transparent remittance system, Ripple is now heading into a partnership with SBI which makes it thar biggest money transfer provider in the country.
Slowly but surely, Ripple is becoming a worldwide household name. In China, Mexico, India and multiple other markets, Ripple has its eye on growing into something huge.
Japan has been in Ripple’s crosshairs for a while now and in their latest blog titled, “The Power of Instant Remittances: RippleNet in Japan”, Ripple are sharing what exactly it is doing in the country.
If you can’t beat them join them. For one digital remittances solutions provider, this held true. TransferGo announced on September 5 that it had launched a blockchain-based real-time transfer system that’s powered by Ripple. The company revealed that it had settled on Ripple’s network due to its speed of execution and its low costs, dubbing it as the best replacement for SWIFT. TransferGo will focus on the large Europe to India corridor, making Ripple an even better choice as it’s rate of adoption in India is quite high. The announcement comes at a time when most cryptos, Ripple’s XRP included, wiped out billions of dollars in hours.
Ripple’s blockchain technologies are about to see a turning point that could make the company far more approachable than it already is, to commercial businesses that have an interest in exploring blockchain technologies. As is stands, Ripple are able to provide a number of services and solutions, including xRapid and XRP, xCurrent and xVia. Until now, these services where only available as standalone solutions but according to new rumours, Ripple have redesigned their whole service, which is set to see the release of ‘Convergence’ the all in one Ripple solution.
Reality Shares, an asset management firm based in California, will be launching a $ 100 million multi-strategy crypto hedge fund, a source told Business Insider. According to the company insider, the crypto fund will be “a mix of arbitrage, venture, and directional strategies.” Reality Shares has already obtained $ 25 million for the fund, the source said. The
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Cryptocurrency-backed loan provider SALT Lending announced it will now serve customers in 20 new U.S. states on Wednesday.
With a market cap of just under US$ 7 billion, EOS is the fifth-largest cryptocurrency by valuation. Despite its massive valuation, its recent mainnet launch has been riddled with failures and shortcomings. However, it may soon see a boost in legitimacy thanks to the capabilities set to be provided through the MyWish Smart Contract platform.
In their July 24 weekly development report, the MyWish team shared exciting plans to enable smart contract creation on the EOS network. This initiative’s development is already underway, and it’s estimated to be 7% complete at the time of report. This achievement will make EOS the fourth blockchain on which contracts can be created through MyWish, alongside Ethereum, Bitcoin, and NEO.
The announcement of an integration between UTRUST and DigiByte is set to offer users a secure payments solution through which they can safely use multiple cryptocurrencies. It will help build a cryptocurrency payment platform for mainstream adoption.
UTRUST is a cryptocurrency payments gateway built to facilitate the secure use of cryptocurrencies, for universal, every-day payments. The integration will result in the mass adoption of the everyday use of cryptocurrency in e-commerce, through the implementation of blockchain technology. The company is building a global PayPal-like payment platform with extensive cryptocurrency support. Providing faster, safer and more convenient payments is the platform’s ultimate goal to ensure large-scale adoption and user acceptance.
Finnish bitcoin services provider, Prasos, has lost all but one of its banking partners. Prasos’ chief executive officer recently revealed that four Finnish banks have terminated services with the company, leaving Prasos reliant on a single bank.
Finnish Banks Terminate Services With Prasos
According to the company’s website, Prasos provides its customers with a number of cryptocurrency-related services, including facilitating the purchase and sale of bitcoin. After losing the services of S-Bank, the OP Group, Saastopankki and Nordea Bank AB, the company now relies on a single banking institution in order to maintain operations.
This week the popular wallet provider Bread (BRD – formally Bread Wallet) announced the release of its new update — fully integrated bitcoin cash (BCH) support. Now Bread users can claim, send, receive, and store BCH alone or alongside BTC holdings.
Bread Wallet Enables Full Bitcoin Cash Support for iOS
The firm Bread announced on March 7 that the wallet company has added full BCH support for its iOS mobile wallet platform. This past August when the BCH chain was born, two weeks later the Bread team released a one-time extraction tool for users who wanted to extract their coins. The company says that many Bread users utilized the tool, but those who didn’t still have BCH held invisibly on their mobile wallets.
Workforce payment services provider Fleetcor has announced a pilot using xRapid, a product powered by Ripple’s XRP cryptocurrency.
Hong Kong: CoinMetro, the financial platform fuelling the future of blockchain innovation, today announced the creation of its new trading platform, CoinMetro Exchange. The platform will streamline cryptocurrency investing for the general public, along with professional and experienced currency traders, offering a complete trading environment for all investors.
Some key points to consider:
- CoinMetro Exchange is a one-stop all-in-one trading platform designed for global adoption.
- The trading platform translates familiar investing methods into the world of cryptocurrency, such as professional tokenized asset management and exchange traded crypto funds.