Category: Business

Singapore or Japan Could Potentially Be Ripple’s New Base Should It Leave the US

Singapore or Japan Could Potentially Be Ripple’s New Base Should It Leave the US

Ripple Labs, the firm behind the world’s third most capitalized cryptocurrency XRP, is reportedly considering a handful of alternative locations to set up their base in, including crypto business hub Singapore and also Japan. Both Asian countries have enacted laws specific to cryptocurrency under their respective Payment Services Acts, which were implemented this year. Japan […]

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UK Publicly Traded Fintech Firm Mode Global Allocates 10% Reserves to Bitcoin

UK Publicly Traded Fintech Firm Mode Global Allocates 10% Reserves to Bitcoin

Institutional interest in Bitcoin is real. After world-renowned institutional players in the financial market such as Grayscale Investments, MicroStrategy and Jack Dorsey’s Square Inc. placed their bets on the bellwether digital asset Bitcoin, more institutional participants are jumping into the game. The latest to commit themselves to this ‘digital gold’ is UK publicly traded financial […]

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Stellar (XLM) Soars after USDC Stablecoin Announces Blockchain Implementation

Stellar (XLM) Soars after USDC Stablecoin Announces Blockchain Implementation

Stellar Lumens (XLM) has seen large green candles in the past 24 hours as Coinbase & Circle’s USDC announced the integration of Stellar’s blockchain starting early next year. Announcing Circle’s USDC support for Stellar across its suite of payments infrastructure APIs and business account products by Q1 2021 🚀 https://t.co/MrlQB4JTGA — Circle (@circlepay) October 15, […]

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FCA-Approved Digital Assets Exchange Archax Raises $8 Million in Seed Funding Round

FCA-Approved Digital Assets Exchange Archax Raises $8 Million in Seed Funding Round

UK-based digital assets exchange Archax announced a successful seed funding round of $8 million on October 15. The fundraising exercise saw the participation of multiple venture capital firms involved in the crypto sector, such as Alameda Research, Hudson Capital, QBN Capital, Bridgetower Capital and others. Archax exceeded its fundraising goal of $5 million due to […]

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Luxury Watchmaker Breitling Integrates Blockchain-Based Passport for All Watches Manufactured

Luxury Watchmaker Breitling Integrates Blockchain-Based Passport for All Watches Manufactured

Blockchain technology integration is penetrating increasingly diverse industries, from transport, supply & logistics, judicial reviews to car manufacturing and whiskey production, so it stands to reason that Swiss luxury brand watchmaker Breitling is jumping into blockchain utilization as well. Breitling first announced plans to offer a digital passport for its new watches back in March […]

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Major Blockchain & Crypto Analytics Firm Chainalysis Reports Q3 100% Growth in YOY Recurring Revenue

Major Blockchain & Crypto Analytics Firm Chainalysis Reports Q3 100% Growth in YOY Recurring Revenue

Blockchain and virtual assets have gained unprecedented attention in 2020 from consumers, businesses and also regulatory authorities worldwide. As the industry enjoys exponential growth, there is also a burgeoning demand for research, analytics and data from firms such as Chainalysis or CipherTrace. Chainalysis in particular is taking a leading role in providing transparency and information […]

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A Historic Moment – Diginex’s Public Launch of EQOS on Nasdaq in the US

A Historic Moment – Diginex’s Public Launch of EQOS on Nasdaq in the US

Hong Kong-based Diginex announced the public listing of its new crypto derivatives exchange EQUOS.io back in July, and on October 1, Diginex Limited successfully launched EQOS on major US stock exchange Nasdaq. This marks the American exchange’s first cryptocurrency-related listing. “This is a watershed moment for both Diginex and the cryptocurrency industry with the listing […]

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Another Big Player in The Game: Square Puts $50 Million in Bitcoin

Another Big Player in The Game: Square Puts $50 Million in Bitcoin

2020 has been a great year for Bitcoin as awareness in the world’s largest cryptocurrency peaks at an all-time high. Institutional interest has been evident as well, with even previously staunch Wall-Street only proponents stepping into the world of crypto and taking their bets with Bitcoin. Now, Jack Dorsey’s fintech venture Square is getting into […]

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Bitfinex Brings Liquidity to EOS Community with New Eosfinex Mainnet

Bitfinex Brings Liquidity to EOS Community with New Eosfinex Mainnet

Based on a press release shared with SuperCryptoNews, Bitfinex has beta launched digital assets trading platform eosfinex, which is executed on EOSIO technology and the EOS mainnet. With eosfinex, Bitfinex promises to bring liquidity on its main trading platform to EOS holders and community, which has long been troubled by the challenge of illiquidity. “The […]

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Blockchain-Based Rewards Coming to BMW Customers in Korea

Blockchain-Based Rewards Coming to BMW Customers in Korea

Luxury automobile brand BMW will be rolling out a blockchain-based rewards program called BMW Vantage, reported The Korea Herald. The rewards platform will first be made available in Korea as a beta launch before it is launched globally. BMW customers, both old and new, will be able to accumulate membership points on the platform to […]

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