The New Bitcoin Banks Are Here

A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance, … Read more

Overstock’s Exit from Retail is Getting Back on Track. It Wants to Go All-in on Blockchain.

A sale of the retail business, which is rapidly returning to profitability, would leave the e-commerce pioneer as a blockchain-focused company — and with a new name. “Two very attractive acquirers that I would have put high up on my list have shown up,” the Overstock (OSTBP) CEO said on Thursday from the sidelines of … Read more

Brian Kelly is Short-Term Bearish But Sees ‘Generational Opp’ in Bitcoin

The bitcoin price might have broken back above the $10,000 level today, but one notable trader isn’t impressed. Speaking on CNBC, crypto investor Brian Kelly, who is usually the biggest bitcoin bull in the room, made it clear that he has turned bearish on BTC/USD despite its recent bounce. Longer-term, however, Kelly still believes there … Read more

Simetri Research Launches Dashboard for Short-Term Crypto Traders

Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals. Crypto Briefing announced the new service, Coins on the Move, on Aug. 22. Coins on the Move is reportedly designed to meet the informational needs … Read more

Xendpay Joins RippleNet to Expand Global Money Transfer Services

Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions. Ripple announced the news on Aug. 20. Per the announcement, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of banks and other financial partners to facilitate money transfers … Read more

Japanese HR and Tech Giant Recruit Holdings Invests in Blockstack

Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings. The Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion USD, is purchasing Blockstack’s STACK tokens. Blockstack PBC CEO and co-founder Muneeb Ali reportedly remarked that … Read more

Craig Wright Posts Bitcoin White Paper: ‘It is Time to Own My Invention’

Self-proclaimed bitcoin inventor Craig Wright took another step to cement his claim to the title of Satoshi Nakamoto. Today (Aug. 22), Wright uploaded the Bitcoin white paper to the SSRN, an academic research journal database. When asked what prompted him to post the paper today, Wright told CCN that “I’ve already publicly admitted I am … Read more

Rwandan Central Bank Looks to Issue Official Digital Currency

Rwanda’s central bank, the National Bank of Rwanda, is researching how to offer an official digital currency. BNN Bloomberg reported the news on Aug. 22. The central bank is interested in offering digital currency as a means to increase transaction efficiency and foster economic growth, per the report. However, Financial Stability Director-General Peace Masozera Uwase … Read more

Ethereum Poised to Be First Public Blockchain in Hyperledger Consortium

Ethereum could become the first public blockchain on Hyperledger – if the open-source consortium’s technical steering committee approves a proposal to adopt the ConsenSys-backed Pantheon project. Pantheon is a suite of ethereum-based services built by PegaSys, a 50-strong engineering team at ConsenSys. The Pantheon ethereum client, built on Java, is used to develop enterprise applications with … Read more

Coinbase WalletLink Now Lets Clients Use DApps on Desktop Browsers

Crypto exchange Coinbase’s user-controlled Coinbase Wallet has enabled its clients to use decentralized apps (DApps) on any desktop browser with the WalletLink service. Per an official blog post on Aug. 22, Coinbase Wallet’s users can now use their DApps on any desktop browser through WalletLink, which serves as a bridge between customers’ Coinbase Wallet app … Read more