Banking

2019 in Crypto is Year of the DEX: NEO’s Nash to Launch, Main Competitor...

The launch date of the much-anticipated decentralised exchange being built on NEO, Nash, was announced by platform co-founder, Fabio C. Canesin during the Sunday afternoon session at Neo DevCon 2019.Canesin and the rest...

XRP and Ripple Stand to Benefit if the World Bank and McKinsey Projections are...

Ripple prices are stable but bullishSendFriend receives $1.7 million from Ripple and three other companiesTransactional volumes are unexpectedly low four days after Feb 8 expansionsDespite Cory Johnson exiting the company, XRP is stable...

Report: Philippines-Based Banking Giant Launching Two-Way Crypto ATMs

When you think of nations with a notable Bitcoin ecosystem, many crypto investors would immediately think of the U.S., Malta, Singapore, Japan, and South Korea. Yet, many draw little attention to the Philippines, a nation...

Bitcoin Decline in February Will Mark Its Longest Bear Market

Bitcoin has come closer to establishing its longest-running bear market, alarmed Alex Kruger.The famous cryptocurrency trading analyst said Monday that it was the first time bitcoin had entered a long period of selling...

Banks are Better than Bitcoin (When It Comes to Money Laundering)

On September 28, 2018, the Wall Street Journal published a report which claimed that criminals laundered nearly $90 million of proceeds via cryptocurrency exchanges over two years. The piece mainly targeted ShapeShift, a...

Crypto Wallet Says It Offers ‘World’s Fastest Bitcoin Transfer’ as New Feature Launches

A crypto company claims it is offering “the fastest Bitcoin transfer in the world” after adding a brand-new service to its crypto wallet.SovereignWallet says its platform offers banking-grade features to protect user assets,...

Indian Public Sector Bank Leaks Millions of Customers’ Data, Merit of Bitcoin

A human error led to the leak of millions of customers’ data at an Indian public sector bank, raising questions on the merit of Bitcoin over banks.State Bank of India, a government-owned corporation,...

Major Banks are 3,233% More Expensive Than Bitcoin

A financial professional paid $10 to his bank for making more than six saving withdrawals. Later, he admitted that using Bitcoin could have been cheaper.Short the BankersPat Chirchirillo, a financial advisor at Philadelphia-based...

XRP Benefiting From SWIFT–Corda Trial

Ripple price surge 10 percentSWIFT GPI Link proof of concept with R3’s CordaTransactional volumes picking up, spikes above averagesSBI Holdings may be behind an audacious plan of integrating SWIFT GPI with RippleNet via...

Why SWIFT Chose R3 Over Ripple: What Does it Mean For XRP?

SWIFT, the global messaging system to settle cross border payments, today announced that it would integrate R3’s open source blockchain solution at a proof-of-concept stage.“Later today we are announcing integration with R3,” confirmed...