Cryptocurrency News

A few days before the sudden XRP breakout, an analyst from DX.Exchange published a set of two articles in the finance sphere anticipating the…

SEBA Crypto AG, the Swiss startup, is setting up a regulated cryptocurrency bank which will offer cryptocurrency related services to investors as well as companies, while also offering regular banking services to companies in the crypto and Blockchain industry.

In the latest cryptocurrency news, the music-focused blockchain startup Audius has finally revealed details about how its network will start operating as soon as it launches roughly a year. The news came soon after the company reportedly closed a $5.5 million funding round.

Developers and companies researching blockchain technology are all looking to the United States government to help spur adoption. The news came from a report courtesy of IBM, which was written by Thomas Hardjono, the director of the MIT Trust: Data Consortium.

Venezuela’s cryptocurrency, which proved to be controversial, was launched six months ago but has been left in limbo ever since. Despite its apparent status, the country’s President Nicolas Maduro and his government insist that the digital currency will soon start working, a new report finds.

The parent company of Brazil’s largest independent broker is planning to come with its own cryptocurrency exchange, as per official reports Thursday. Grupo XP basically plans to launch the platform in the next coming months. The company, which also owns a brokerage firm called XP Investimen

According to the Venezuelan President Nicolas Maduro, the Petro, which is the country’s oil-backed cryptocurrency, will be used for international commercial transactions from October onwards.

Cryptocurrency exchange Kraken’s Chief Executive Officer Jesse Powell has publically rebuked New York’s Attorney General Barbara Underwood for what he called her “malicious” report about the cryptocurrency industry. He also called the AG an “abusive ex” who just could not accept that you had moved on.

Trading firms and global banking majors have joined hands to launch the world’s first Blockchain powered commodities trading platform. This platform will host trading of commodities ranging from wheat to crude oil and everything in between.

Sagar Sarbhai, the head of regulatory relations, Asia-Pacific and Middle-East for Ripple announced that the company had progressed on the launch of its much awaited product, xRapid, to the point that it may even be launched next month.