Ripple and Barclays Pour in $1.5+ Million for XRP Based Remittance Startup

Multiple tech investors, including Ripple and Barclays, have generously spent $1.7 million to support SendFriend, which happens to be a remittance startup. Over the months, we have seen an array of crypto-based ventures in the remittance niche, but in the recent year, SendFriend is the latest and very reasonably funded project. Ripple has always taken a stance to facilitate…

March 9, 20190Comments

ByAzeem Saifi

Markets

Binance Invests in World’s First Decentralized Bank

The push for inclusion of cryptocurrency & blockchain companies in the mainstream financial industry is one that has been picking up pace, and now it got a new twist. On the blockchain island of Malta, a number of key players in the cryptocurrency industry have come together to lay the groundwork for what is going…

July 18, 20180Comments

BySteve Kaaru

Altcoins Bitcoin Technology

Banks Are Quickly Warming to Blockchain & Cryptocurrency Services

For several years banks have eyed the crypto movement with fear and distrust. Crypto’s ability to undermine much of their business model should no doubt be concerning to them, but at the same time cryptocurrency opens doors to new possibilities. The simple fact that decentralized blockchain assets are now a permanent part of the financial…

June 21, 20180Comments

ByTrevor Smith

Markets

Swiss Bank Offers Cryptocurrency Business Accounts

In a story published on June 6th, Finews.com reported that Hypothekarbank Lenzburg is the first bank to formally open up towards cryptocurrency projects in Switzerland. They will offer business accounts for local blockchain and cryptocurrency companies. Being a smaller bank does not stop this technology-based banker to take charge and lead the market. In the words of Marianne…

June 9, 20180Comments

ByZoran Spirkovski

News Technology

Taiwan’s Central Bank to Integrate Blockchains into Operations

When blockchain technology first made news a few years ago, big players in the financial industry were all up in arms against it. Financial institutions such as banks, remittance firms and insurance companies were apprehensive of the technology and they discredited it in any way they could. This all has changed, however, and financial institutions…

March 3, 20180Comments

BySteve Kaaru

Altcoins Bitcoin

Ripple Continues To Grow, But Challenges Lie Ahead

Recent months have seen substantial increases in altcoin adoption and market cap, and as of late Ripple has emerged as a solid challenger to Bitcoin’s hegemony in the crypto space. Led by a team of experts from across the business and tech worlds, it has seen growth that is unprecedented among cryptocurrencies. As crypto and…

January 31, 20180Comments

ByTrevor Smith

Bitcoin

The 5 Rules of Bitcoin Lending

DISCLAIMER:Crypto-news and the author are in no way liable for any losses you may incur in applying the techniques in this article. Bitcoin lending is subject to high risks. Invest only an amount you can afford to lose. If Bitcoin is to replace existing fiat currencies, it must carry out all the functions that a centralized currency does.…

June 22, 20170Comments

ByAmsee

Cost-Benefit Analysis of Smart Contracts in Banking

What are smart contracts? Smart contracts play a major role behind financial services. A smart contract can be used by two or more parties via an electronic medium to agree upon specific terms and conditions in a self-regulating contract. These contracts would usually be involved in a financial transaction, which is associated with a Blockchain.…

April 20, 20170Comments

ByLutpin