Category: Blockchain

London-based micropayment company pingNpay announced Monday to launch its network next year by providing a small amount payment platform to customers, according to its press release. A new payment method is expected to roll out in the UK next year initially. Customers who pay for offline and online services or products below $20 can enjoy

SIX Digital Exchange (SDX) – based in Switzerland – has obtained regulatory approval from FINMA, the Swiss Financial Market Supervisory Authority, to operate a marketplace for digital assets. On Friday, September 10, the SIX Digital Exchange stated that FINMA, the country’s market regulator, awarded it two licenses to operate a stock exchange and a central

Western Union and the majority of money service providers operating in El Salvador may lose their grip in the country as the new Bitcoin era becomes entrenched. CNBC reported, citing El Salvadorans living in the diaspora, there is an excitement about the potential reduction in remittance fees being passed on by companies like Western Union onto their

A16z, the cryptocurrency arm of leading venture capital firm Andreessen Horowitz, has announced that it has hired former commissioner of the US CFTC, Brian Quintenz, to advise the firm on policies about crypto investments. Andreessen Horowitz general partner Katie Haun talked about the development and said the appointment is part of a broader effort to

After recording a 10% daily loss on September 8, Bitcoin (BTC) has found itself on a negative trajectory as the leading cryptocurrency dropped from the $52K level to the $42K area. BTC was down by 8.08% in the last seven days to hit $45,994 during intraday trading. Therefore, this significant pullback has made the traders’ monthly

Bancoagrícola, the largest bank in El Salvador, has tapped Flexa pure-digital payment firm to enable Bitcoin transfers for the bank’s customers, including retail and merchant clients. On Thursday, September 9, Flexa Bitcoin payment firm made an announcement that Bancoagrícola bank signed a deal with the cryptocurrency payment network to power Bitcoin payments for the bank’s

Non-Fungible Token (NFT) marketplaces are seeing a decreasing demand for digital collectables, a trend that might have been aggravated by the recent flash crash in the broader crypto industry. According to data from crypto market analytics platform Dune Analytics, there has been a steady decline in transaction volumes on OpenSea from September 3. Beyond OpenSea,

Two top executives of Nasdaq-listed business intelligence and software firm MicroStrategy Incorporated have reportedly offloaded some of their owned shares amidst the dwindling price of Bitcoin (BTC). Market analysts have tagged the selloffs as a lack of faith in the CEO Michael Saylor’s long-term strategy, which is solely hinged on Bitcoin. MicroStrategy, known for its

Payment giant Mastercard announced the acquisition of CipherTrace, a leading cryptocurrency intelligence company, to offer businesses powerful intelligence about the crypto economy as digital assets continue becoming more intertwined with daily activities. In a statement, Mastercard revealed the expectation for crypto consumers to have peace of mind about their investments. As a result, the acquisition

Binance.US has announced that it has hired Brian Shroder as president and appointed him as the board member. In the new role, Shroder will oversee the firm’s fundraising, strategy and execution, corporate and business development, and manage the company’s HR, legal, and product and technology functions. Shroder comes to Binance.U.S, with a solid background in