Ripple continues to grow and gain institutional clients, as the company behind the cryptocurrency clearly demonstrates that it has a firm goal for long-term success. Ripple Labs intends for its platform to become the standard for international currency transfers, and to that end it has added more banks and financial clients. Also, it has merged…
Although businesses of all types are moving into the crypto space, the gaming industry has remained curiously behind on adoption. This fact may be perplexing, as gaming enthusiasts are highly likely to own cryptocurrency, and digital assets are a perfect fit for integration with video game technology. Now, this reticence to embrace crypto may be…
Blockchain platforms designed for advanced processes, such as smart contracts and decentralized applications (dApps), are seeing a significant uptick in adoption, as a wide range of organizations recognize what the technology has to offer. Although Ethereum is considered the leader in this space, Hyperledger is now becoming a significant rival. This fact may be surprising…
Evidence of blockchain technology’s move into the mainstream is emerging everywhere. A wide range of businesses are rapidly embracing it, and crypto use is growing, notably in the developing world. A clear sign of progress is the increasing number of partnerships that have been forged between development teams and a broad away of institutions. Many…
Bitcoin’s decline in value late last month caught many by surprise, as the launch of Bakkt and other positive movements in the crypto space were expected to trigger substantial upward price movement. The fact that Bitcoin’s value is volatile and does not follow traditional wisdom is well known, and there has long been rumors of…
Wells Fargo has become the latest financial institution to announce the creation of a stablecoin, which it intends to use for cross border transfers and international payments. As digital tokens backed by hard assets, usually fiat currencies, stablecoins are quickly carving out their own place within the crypto space. Their emergence has sparked significant debate…
Global leaders are beginning to accept the fact that cryptocurrency represents a significant threat to the economic status quo. Responses have been mixed, with many nations sending confusing signals over crypto legality and regulation. Iran is one of these states, as it has recently taken moves both hostile and supportive of blockchain asset development. It…
Cryptocurrency is rapidly moving into the mainstream financial space, and many of the largest crypto exchanges are seeking greater legitimacy and trust from regulators and politicians. Increasingly, these exchanges are enacting know-your-customer (KYC) protocols on their platforms, ostensibly to please these leaders. This move is fueling a heated debate among crypto advocates over the future…
For over a year many crypto advocates have assumed that Bakkt would represent a major turning point in the crypto revolution, bridging the divide between blockchain assets and the traditional financial space. It has thus been surprising that the launch of the regulated futures exchange proved to be underwhelming, with only USD $600,000 in Bitcoin…
Libra continues to meet resistance as European states are lining up to pronounce it dead on arrival. Leaders in both France and Germany have now announced that Facebook’s proposed digital currency will not be permitted in their countries. These moves come as the European Union and China have announced plans to release their own digital…
