BLOCKCHAIN

Blockchain Firm TZero Adds Ravencoin to Supported Cryptocurrencies

[ad_1] Blockchain company tZero added Ravencoin (RVN) to the list of cryptocurrencies supported by its tZero Crypto cryptocurrency wallet and trading app.Ravencoin now supported on the tZero appTZero announced in a press release published on Aug. 20 that Ravencoin will be joining Bitcoin (BTC) and Ether (ETH) among the cryptocurrencies supported by its trading and wallet tZero Crypto app, available for iOS and Android devices. Per the release, the company
Business

Trading Volume Has Increased 2,000% Since 2018

[ad_1] Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year.Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20. Minier further remarked that “Bitcoin and Ether are the big — the whales of our desk,” additionally estimating that Bitcoin
Business

Austrian Telecom A1 Accepting Crypto in Select Shops Using Salamantex

[ad_1] Major Austrian telecom operator A1 has started accepting cryptocurrencies as payment in seven selected shops in Austria.Six cryptos acceptedStarting from Aug. 19, A1 customers can pay for network services in selected A1 branches using six major cryptos: Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC), Stellar (XLM) and Dash (DASH), according to an official announcement published on Aug. 16.A1 Payment service, a digital payment system developed in collaboration with Austrian
BLOCKCHAIN

Facebook-owned WhatsApp Looks to Launch Digital Payments in Indonesia

[ad_1] Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia. Reuters reported that they had learned of this development from anonymous sources on Aug. 20. According to the report, WhatsApp is currently negotiating with transportation booking service Go-Jek, mobile payments provider DANA, fintech startup OVO and state-owned Bank Mandiri. Bank Mindri operates a
BLOCKCHAIN

ICO Rating Settles With SEC Over Alleged Anti-Touting Violations

[ad_1] The United States Securities and Exchange Commission (SEC) has charged Russian analytical agency ICO Rating for $268,998 for violating anti-touting provisions, according to an announcement on Aug. 20.In the announcement, the SEC claimed that ICO Rating violated the anti-touting provisions of Section 17(b) of the Securities Act of 1933 by failing to disclose payments it received from initial coin offering (ICO) issuers it rated and published on its platform.
EXCHANGES

South Korean Exchange, Prixbit Shuts Down Officially

[ad_1] Prixbit, a digital currency exchange in South Korea has now closed down officially. This new development was announced in a website post on the 9th of August where the exchange made it known that it will be halting all operations. The founder of the cryptocurrency exchange said: “Due to negative internal and external influences, management difficulties could not be overcome and the normal operation became impossible,” Also, the firm
BLOCKCHAIN

Experts: South Korean Crypto Projects Look

[ad_1] The number of South Korean digital currency projects leaving the country to list their products on foreign exchanges is increasing, experts say.South Korean news outlet Business Korea reported on Aug. 19, that industry experts have noticed a surge in cryptocurrency and blockchain-focused projects seeking to list their early-stage products on overseas platforms.Experts define reasons behind projects’ departureExperts named several key reasons that local projects are leaving, including stricter domestic
BLOCKCHAIN

Bitfinex and Tether Respond to New York Judge, Will Pursue Appeals

[ad_1] Bitfinex and Tether have replied to Judge Joel Cohen’s recent ruling in the New York Attorney General (NYAG) ongoing case against companies. Cohen dismissed Bitfinex’s motion to throw out the case due to lack of jurisdiction, so the NYAG will continue to prosecute the companies via the Martin Act.Bitfinex issued its reply in an official blog post on Aug. 20. Tether published the same response on its website, also
Business

How Do Crypto Exchanges Select Coins, What Does It Take to Get Listed?

[ad_1] Binance.US, an upcoming subsidiary of one of the world’s leading cryptocurrency exchanges that will be compliant to operate within the United States, has recently gotten investors excited with an announcement that the platform was reviewing 30 new assets for listing. Importantly, the news also shed some light on the Digital Asset Risk Assessment Framework — a novel set of criteria to determine blockchain projects that Binance deems worthy of
EXCHANGES

Bitcoin’s Safe Haven Status Now More Relevant Than Ever

[ad_1] Bitcoin has consolidated its safe-haven status especially amid the mass demonstrations in Hong Kong and global uncertainty, Circle CEO Jeremy Allaire hinted in an interview with CNBC’s Squawk Box. Circle CEO Sees Increased Demand from Holders On August 19, Circle’s Allaire said that investors were still attracted by non-sovereign digital assets such as Bitcoin. The coin’s safe-haven status becomes more evident despite the recent bearish mood. Last week, Bitcoin