Barclays May Be Ending Work With Coinbase, Transactions in GBP to Slow

[ad_1] Disclaimer: this story is breaking and will be subject to updates.British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase.As Coindesk reported on August 13, unnamed industry sources have said that Barclays will no longer be banking for Coinbase, severing a relationship that began when Coinbase opened a Barclays account in March 2018.The news is expected to hit the crypto community hard, as, in addition

Elon Musk Supports Yang – But Does Andrew Yang Really Support Bitcoin?

[ad_1] There’s much talk about multi-billionaire innovator Elon Musk’s newly announced support for Democratic presidential candidate Andrew Yang. Yang, known as the Bitcoin-friendly choice for 2020, has a reputation for innovation with his unique stance on Universal Basic Income, emphatic blockchain talking points, and acceptance of crypto donations. But it remains to be seen if the leader of the “Yang Gang” will be a proponent of Bitcoin in the fullest

Icon to Giveaway $570,000 in Tokens to Promote Voting, Decentralization

[ad_1] The Icon Foundation, the group behind the Icon blockchain network, is giving away 3 million ICX tokens — worth ~$570,000 — in anticipation of its upcoming Public Representative (P-Rep) elections. The giveaway will last from August 26 to September 24 for IXC token holders who opt to participate in P-Rep voting.Icon shared news of the giveaway in a press release on Aug. 13. According to the announcement, the giveaway

Nuls and Aleph Test New Staking Service, Introduce New Reward Model

[ad_1] Enterprise-grade blockchain platform Nuls and cross-blockchain layer-2 network Aleph have jointly completed testing of a new staking service dubbed staked coin output (SCO), which applies a new type of reward model.Per a press release published on Aug. 13, the new service allows community members to stake tokens to receive tokens from other projects building on the Nuls platform. Those who own NULS tokens can choose how they want to

Bitex Partners With Bantotal For More Cross-Border Payments in Latin America

[ad_1] Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America.CoinDesk announced the companies’ new partnership in a report on Aug. 13. According to the report, the upshot of this partnership is that Bantotal’s clients will have access to Bitex’s exchange services via a marketplace that hosts traditional financial services in its BDevelopers

IOHK CEO Charles Hoskinson Announces Upcoming Release of Cardano v1.6

[ad_1] Charles Hoskinson, a former CEO of the Ethereum Network and current CEO of IOHK, has announced that IOHK-supported project Cardano is rolling out version 1.6 within a few days’ time.Hoskinson teased the upcoming launch in a Twitter post on Aug. 13. Hoskinson also asked users to send screenshots and comments on the latest version of Daedalus, which is an open source cryptocurrency wallet also backed by IOHK.As per IOHK’s

Cryptocurrency Market Sees Red as Bitcoin Slumps Below $11,000

[ad_1] Tuesday, Aug. 13 — Bitcoin (BTC), Ether (ETH) and XRP continue to bleed amid a crypto market turning red. Market visualization. Source: Coin360Bitcoin is trading at $11,005 at press time, with a 3.83% loss on the day. Bitcoin broke $12,000 three days in a row, from Aug. 6 to Aug. 8., but never managed to hold these highs for a significant period of time. Then on Saturday, Aug.10, BTC price

U.K Department For Work and Pensions (DWP) Considering Using DLT to Speed Up Payment Processes

[ad_1] Distributed ledger technology (DLT) is currently being investigated by the U.K Department for Work and Pensions (DWP) in order to meet up with the changing face of payment in the country. Overhauling the DWP payments systems The Deputy Director of the DWP’s Digital Delivery Shared Platforms, Richard Laycock revealed that the improvements are planned across the DWP payments systems so as to make sure that its 20 million clients

Kraken Users’ Report Difficulties With Connecting to Site and API

[ad_1] San Francisco-based cryptocurrency exchange Kraken’s users are experiencing difficulties with connecting to the site and application programming interface (API).In a tweet published on Aug. 13, Kraken warned the public that it is receiving reports of clients having issues connecting to the site and API. The exchange further states that it is investigating the issue and will post related update.Back in January, the Exchange Security Report from independent analysts at

Industry Investors Shift Focus From Crypto to Convergence Apps: Report

[ad_1] The year of 2019 has witnessed a shift in investments from focusing purely on digital currency to convergence applications, according to a new report from Outlier Ventures published on Aug. 13.Early stage investors shift focusThe “Investment in Blockchains 2019” report, which provides insight into blockchain investment and market trends in 2019, states that blockchain-focused companies have secured $23.7 billion since 2013. Increased interest among early stage investors ostensibly results