Altcoins

The digital currency sphere has had enormous developments geared towards promoting efficient payments.According to Standard Chartered CEO Bill Winters, widespread creation and mass rollout of digital currencies is “absolutely inevitable” due to the evolution of the international payments system. Winters brought out that notion...

On Monday, the French prosecutors announced a five-year-sentence for Russian national Alexander Vinnik for his alleged involvement in creating software to launder money. He faces multiple charges of helping cybercriminals and ransomware gangs.It is game over for Alexander Vinnik, the operator of the now-defunct...

BBVA has been reportedly working on making its crypto service debut for months as it has integrated a solution for providing cryptocurrency custody infrastructure called SILO in a move similar to Russia’s Gazprombank. Spain’s Banco Bilbao Vizcaya Argentaria SA (NYSE: BBVA), the country’s second-largest bank...

The decision to conduct the trial this weekend is strategic as it coincides with Double 12 (December 12th), a day when retailers offer steep discounts.China will test tap payments for its CBDC, digital yuan, this Friday, December 11. The new feature allows users to...

Circle CEO Jeremy Allaire said that the creation of a central bank digital currency (CBDC) would not crowd out stablecoin. Circle CEO Jeremy Allaire is optimistic that the incoming Biden administration will support the crypto industry in the US. On the 7th of December, Allaire...

Ripple has offloaded 2,264,113 MGI shares i.e. 33% of its stake as per the latest filing with the US SEC. The blockchain startup hasn’t given any specific reason for this decision.San Francisco-based blockchain startup Ripple has liquidated a significant part of its stock holding...

This is a big development as the Chinese central bank is looking ahead to push the use of Digital Yuan on the popular online platforms in the country. This will be one of the major giveaways to nearly 100,000 customers.Last Saturday, December 5, China’s...

Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) November 2020 price movements.BTC/USDNovember was a key month in Bitcoin’s upside price action this year, seeing BTC/USD near the 20,000 mark. Having opened under the 13,949 resistance level...

Grayscale revealed that there had been a significant increase in Ethereum investors in 2020.  The Ethereum fund would now be available in Canada on the Toronto Stock Exchange (TSX). According to a Finance Magnates report, Canada’s leading digital asset fund manager 3iQ would be launching...

As a blockchain-based energy startup, the Steve Wozniak-backed Efforce will be building the investment capabilities on its platform through its newly unveiled WOZX token.Steve Wozniak, the genius engineer who co-founded Apple Inc (NASDAQ: AAPL) about 45 years ago, has floated a new company called...