Is Ripple – specifically the XRP token – the platypus of the crypto world? Turns out the debate over whether it is or isn’t a security is having a knock-on effect: It’s making the XRP token’s price less than … well, secure. The XRP token’s...
Despite a recent rumor that Samsung had entered a partnership with Lithuanian blockchain startup CopPay, the electronics giant announced that the deal is a fake. According to The Next Web, the alleged partnership would have enabled Samsung to allow its customers in three Baltic states to...
With Chinese regulators clamping down on the cryptocurrency market, crypto millionaires in the country are selling the digital tokens in the U.S. and buying real estate with the proceeds. According to a report in CoinDesk, Chinese cryptocurrency millionaires are aiming to diversify their wealth and...
As crypto gains more acceptance — and also deals with a record number of hacks — insurance companies are getting into the game. But according to Bloomberg, the premiums from insuring the risk can be substantial. In fact, it’s been reported that underwriters can charge...
In the cryptocurrency market, some weeks are better than others. And this week, so far, is shaping up to be a strong time for bitcoin amid some positive developments, as the popular cryptocurrency reached almost $7,500 mid-Wednesday after falling to below $5,800 at the end...
Lucid Sight, a blockchain gaming company, has signed a licensing deal with Major League Baseball to launch MLB Crypto Baseball. According to Yahoo Finance, the app allows users to pay in ethereum for digital avatars tied to specific moments in recent games. They can then...
Cryptocurrencies such as bitcoin and ether don’t pose much of a risk to global financial stability at the current time, but that isn’t stopping global regulators from creating a framework to monitor risk from cryptocurrency. Reuters cited the Financial Stability Board which is in charge of...
With a crackdown on gambling amid the FIFA World Cup, authorities in China have seized over $1.5 million in digital currency. Police started an investigation into the unnamed gambling site after ads said that the platform would “accept international recognized cryptocurrencies, including bitcoin, Ether and...
Zug is a small town near Zürich with only about 30,000 residents, yet it is impacting the FinTech world in a big way. The town, whose economy was once focused on heavy industry and agriculture, is now home to a myriad of companies in the...
