Crypto-Finance News

Payments giant PayPal has chosen Paxos to handle digital assets for the upcoming (yet unconfirmed) crypto offering, CoinDesk reported Monday. PayPal the Biggest Financial Firm to Onboard Crypto? Coindesk said “two people familiar with the matter” told the publication that…

Documents from earlier this week showed crypto-finance firm Circle froze a certain USDC address tied to illicit activity, Coindesk reported Thursday. Blocking $100k Circle confirmed the news earlier this week. The so-called Central Consortium blacklisted address – which transferred over…

Crypto finance startup BlockFi has announced a new product: Interest Payment Flex. Customers holding one asset can have their interest paid out in another asset, allowing them to accrue income in three different assets as per their desires, September 5,…

After two dark red weeks, bitcoin finally managed to recover and gain new support above the $4,000 mark after trading as low as $3,600 in the prior week. The relief rally saw the price of bitcoin bounced back by almost…

The Governor of the Bank of Israel, in November 2017, appointed a team of research analysts to explore the possibility of introducing Central Bank Digital Currencies (CBDC). According to the report, published on November 6, 2018, the team raised many…

Cryptocurrency loans startup Nexo has announced that effective immediately, XRP is being added to the platform as a collateral option following the result of a community poll which indicated that more and more users are now holding XRP. In the…

Bitcoin gains popularity every day and the number of its owners is growing.  In 2017, the rate of the crypto-coin updated the highs almost every month. In 2018 – we are still waiting for the “winter race” and it is…

Swiss Financial Services Startup Seba Crypto AG, is looking to create a bank that offers cryptocurrency services to corporations while providing traditional banking services to the emerging cryptocurrency and blockchain industry, reported Reuters on September 27, 2018. The Swiss startup recently…

Institutional bitcoin derivatives platform LedgerX is reportedly preparing to expand its cryptocurrency product line to include ether, The Block reported on September 24, 2018.  LedgerX Ready to Launch Ether Futures Ether, the second largest cryptocurrency in the world by market…

The bitcoin blockchain is now being used to send money to almost a million customers through the Japanese transfer bank SBI Remit and BitPesa. BitPesa’s African Push The protocol was generated to become a quicker, more trustworthy way to finance…

The U.S. Securities and Exchange Commission has once again delayed its decision on the VanEck and Solid X backed exchange-traded fund, looking to invite more feedback, the agency said in a September 20, 2018, filing. More Delays It seems that…