Latin American Investment Bank Launches Real Estate Backed Cryptoasset

February 25, 2019  /  by Steven Lubka
The largest standalone Latin American investment bank is making some big waves in the world of cryptocurrency. Banco BTG Pactual SA is launching its own security token backed by distressed real estate assets in Brazil. The token ReitBZ will be launched on a blockchain platform that has yet to be specified. To invest in the… Read more

In a Bid for Sovereignty, Marshall Islands Creating Physical Cryptocurrency Notes

February 4, 2019  /  by Steven Lubka
In March, the Marshall Islands signed a bill into law stating that a new cryptocurrency, the Sovereign (SOV),  would be the official currency of the islands. The small island is seeking to gain sovereignty from the US dollar and all the challenges that come with using it, although the US dollar will still be accepted… Read more

Fidelity is Slated to Launch its Bitcoin Custody Service in March

January 31, 2019  /  by Steven Lubka
According to three people familiar with the project, Fidelity is aiming to launch its Bitcoin custody service in March. Having an established firm like Fidelity offer custody services is a step towards quelling the concerns and addressing the needs for more traditional players to enter the cryptocurrency world. It can also provide a useful service… Read more

Swift Integrating Blockchain Technology Via Partnership With R3’s Corda, Sparks 11 Percent Ripple (XRP) Rally

January 31, 2019  /  by Zachary Mashiach
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) network has announced a partnership with the blockchain firm R3. Specifically, SWIFT global payments innovation (gpi) which is used by hundreds of banks and settles $300 billion of cross-border payments daily, will be linked with R3’s Corda platform during a proof of concept trial. This will be… Read more

Iran Ready to Launch National Cryptocurrency; Central Bank Proposes Slashing Four Zeroes from Iranian Rial (IRR)

January 28, 2019  /  by Zachary Mashiach
According to Al-Jazeera, Iran will be launching its national cryptocurrency before the end of January at the Electronic Banking and Payments Conference in Tehran. This cryptocurrency will be a stablecoin pegged to the Iranian Rial (IRR) and will be completely controlled by the Central Bank of Iran. This Iranian national cryptocurrency will first be used… Read more

Samsung Adds Crypto Wallet to Galaxy S10: Will Apple be Next?

January 28, 2019  /  by Angel Reyes
Already known to be favorable toward blockchain products, Korean tech giant Samsung is rumored to be including a wallet and storage feature on the new Galaxy S10 smartphone. A recent leak of photos of the new device shows an application called KeyStore — assumed to refer to private key storage. Evidently, the app will allow… Read more

Venezuela on Brink of Civil War as Annual Inflation Nears One Million Percent on Cafe Con Leche Index; Crypto Blocked, Localbitcoins (BTC) Shut Down

January 24, 2019  /  by Zachary Mashiach
Localbitcoins Shutdown When Venezuelans Need Bitcoin The Most Volume on Localbitcoins in Venezuela hit a maximum of 5.3 billion Venezuelan Sovereign Bolivars (VES) traded per week in late December after exponentially increasing throughout 2018. This was due to a hyperinflation crisis in Venezuela, which has seen the price of a cup of coffee in Caracas… Read more

Proof-of-Stake Privacy Coin Succeeds in Launching iOS Mobile Wallet

January 9, 2019  /  by Angel Reyes
The team of PIVX — Private Instant Verified Transaction — has just released the first iOS mobile wallet of any proof-of-stake coin on the market. Apple has enacted various restrictions for cryptocurrency related apps, but the release of the PIVX wallet may signal future shifts in the treatment of crypto apps for iOS. The release… Read more

Crypto Platform Brings Traditional Equities to Blockchain

January 8, 2019  /  by Angel Reyes
Traditional equities markets are evolving this week as Estonian-based DX.Exchange launches tokenized forms of popular American company shares. The platform developers aim to bring popular NASDAQ companies such as Apple, Facebook, and Tesla to its platform as cryptocurrency. Each token represents a share in its respective company with added perks compared to holding these shares… Read more

Beware Of Cryptos Copying Bitcoin

January 4, 2019  /  by Zachary Mashiach
Bitcoin (BTC) is the one and only king of cryptocurrency. Bitcoin has by far the highest market cap at $68 billion with a price of $3,800 per coin as of today. Bitcoin’s trading volume on the spot markets is in excess of $4 billion per day, far higher than any other cryptocurrency, and this does… Read more
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