Maduro believes in the power of cryptocurrencies like Bitcoin and Ethereum. He says that his cryptocurrency-powered plan will help the country “maintain [the flow of] imports and exports.”
Bitcoin Depot is going to widen its Bitcoin ATM network within the United States to offer people the easiest and the most convenient way to deal with cryptocurrencies.
PayPal is buying a 70% equity state in Chinese GoPay. According to PayPal, the transaction is expected to close in the fourth quarter of 2019 and is subject to customary closing conditions.
London-based startup HOLD.io is rolling out a crypto and cash exchange app that promises zero fees at competitive rates, with a free VISA debit card to boot.
Bakkt’s entry into the crypto space remains disappointing so far in the first week of its Bitcoin Futures launch. Bakkt’s performance has also resulted in the Bitcoin price crash last week, according to some experts.
A challenger bank based in the Netherlands has increased its coverage area to cater to the European Union. Bunq also offers extra services including an affordable Travel Card, on which there are no charges.
Research and analysis reveal that Tether could be the world’s most used cryptocurrency for months now because its daily and monthly trading volumes surpass those of Bitcoin by far.
The We Company will no longer be going public anytime soon. According to the new CEOs, the decision to postpone its IPO was necessary to solve many of the company’s internal problems. For now, no new date has been set.
Revolut, a UK-based financial technology company that offers banking services, has signed a new deal with Visa. Through it, Revolut will expand its services to 24 new markets and hire 3500 employees.
Ethereum testnet Ropsten has hardforked following an earlier than scheduled release of the Istanbul upgrade of the world’s second most popular blockchain.
Amazon is reportedly looking to allow hundreds of other retailers, use its autonomous Go shopping technology. The company is currently in talks with a few retailers and hopes to begin installation by early next year.
With the mainnet launch, the BTFS peer-to-peer file storage platform inches one step closer to becoming the world’s largest decentralized storage system.
Band Protocol, Sequoia-backed data management company, has launched the mainnet of its decentralized trading app BitSwing. The dapp serves as a brokerage for Ethereum-denominated binary options.
Block.one settles with the United States Securities and Exchange Commission (SEC) over its ICO which raised about $4.1 Billion. The fine, however, is less than expected.
The rocky operation of crypto firms could soon end after Coinbase fronted seven firms to help other companies avoid security violation.