Author: Urban
Page: 45
Capital One Wants to Authenticate Users on a Blockchain
Blockchain adoption continues to rise in the banking sector, with the news that Capital One has applied for a patent to potentially develop a blockchain system that authenticates new users in a secure manner. Capital One is a bank holding company specializing in credit cards and bank loans, making security a primary concern. According to documents […]
IoT Crypto VeChain Price Surges 50% Overnight, Factors Behind the Spike
VeChain, a China-based Internet of Things (IoT)-focused crypto, has surged by more than 50 percent in value within the past 24 hours. Analysts have attributed the increase in the price of VeChain to the successful series of partnerships the team has been able to secure since earlier this year and the improving momentum of tokens in the […]
Australian Cinema-on-Demand Distributor Launching Cryptocurrency To Reward Film Enthusiasts
Australian-based Demand Film has released a new virtual currency to reward users who promote and watch movie trailers. Demand Film is officially releasing the cryptocurrency, known as ‘Screencreds,’ before the company launches in Germany next Tuesday. The new digital coin is the latest example of how digital currencies and blockchain technology are making waves in the film […]
Bitcoin Mining Farm in Norway Receives Bomb Threat as Noise Complaints Mount
It appears that the cryptocurrency revolution is not all that welcome in Norway, with a bitcoin mining facility in a remote part of the country receiving a bomb threat. According to the Vakdalposten newspaper, the mining company, which is called Kryptovault and operates in the cities of Follum, Honefuss, and Dale, received the bomb threats on Saturday […]
Ripple Picks Three Crypto Exchanges for International XRP Payments
Blockchain payments and remittance startup Ripple has picked three cryptocurrency exchanges to facilitate xRapid – its cross-border payments solution for banks using the cryptocurrency XRP. In an announcement on Wednesday, Ripple named Bittrex, Bits and Coin.Ph – in the United States, Mexico and the Philippines respectively – as its “preferred’ cryptocurrency exchanges to solidify its xRapid ecosystem […]
Bitcoin Price Drops Against Turkish Lira as Treasury Seeks to Calm Investors
The Turkish Lira value improved against the bitcoin price ahead of an important conference between the country’s financial chief and global investors. The BTC/TRY recorded a 22 percent drop since establishing its intraday high at 45382-fiat. A political spat between the Turkish and U.S. governments last week had influenced the latter to double the tariffs […]
Cryptocurrency Startup Swarm Is Selling Tokens Backed by Robinhood Shares
Cryptocurrency startup Swarm has an ambitious plan to democratize venture capital, and it has today taken a major step toward that goal by listing tokens that allow investors to purchase fractional shares in privately-owned fintech darling Robinhood. No, Robinhood, a wildly-popular commission-free stock trading app that recently earned a $5.6 billion valuation, isn’t holding a security token […]
Malta Regulator Issues Virtual Assets Rulebook – Reaction from Stakeholders Muted or Negative
The Malta Financial Services Authority (MFSA) has now published a Virtual Financial Assets (VFA) Rulebook specifically pertaining to the regulation of Issuers of VFAs under the Virtual Financial Assets Act (VFAA). However, it seems that the publication of this rulebook has not got down very well with financial services providers who spoke to CCN. Some have lamented […]
Bad Trip: Pot Company High Times Backtracks on Accepting Bitcoin in IPO
High Times Holding Corp, a New York-based media group advocating for cannabis usage, has decided against accepting bitcoin in its initial public offering (IPO), according to a filing with the Securities and Exchange Commission (SEC) dated Aug. 13. The SEC filing states that the initial announcement made two weeks ago, in which the company had said it would accept […]
Venezuela Looking to Launch a Central Bank for Cryptocurrencies
Venezuela is reportedly looking to lunch a central bank for cryptocurrencies, as the country’s National Constituent Assembly is preparing to reform the Venezuelan Constitution to include it, along with a court above its Supreme Court. According to Reuters, information on the development was provided by Hermann Escarrá, which the outlet describes as “one of the most […]