As part of its consumer app development, ICE’s Bakkt plans to acquire major software platform Bridge2 Solutions. The Intercontinental Exchange, or ICE, owner of the New York Stock Exchange, announced plans to acquire software service Bridge2 in preparation for an app launch from ICE’s subsidiary, Bakkt. Bakkt’s app will host a bevy of assets, such…
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Cryptocurrency companies adopt features similar to legacy finance, offering better benefits to users. But will this help in the end? Cryptocurrency exchange Deribit recently published an analysis explaining that cryptocurrency companies are racing to adopt financial services known from legacy finance. The post points out that all crypto companies, exchanges included, will soon offer users…
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Blockchain software company Consensys drops 14% more of its staff during a directional split. Blockchain software company Consensys let go of an additional chunk of its staff while splitting its focus in two separate directions. Consensys cut its employee base down by roughly 14%, the company announced on Feb. 4 in a press release. Headquartered…
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Venture arms for Samsung and Salesforce invest in a second Series C funding round for blockchain startup Digital Asset. Venture arms for Salesforce and Samsung participated in a second Series C funding event for a startup called Digital Asset. After gathering $35 million in its first Series C raise that ended in December 2019, Digital…
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Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020. According to…
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BitPay CEO says platform will add support for more cryptocurrencies, along with possible integration of the Lightning Network – will BitPay become the next PayPal? During an exclusive interview with Cointelegraph, BitPay CEO Stephen Pair said that the platform would soon add support for more cryptocurrencies, along with a possible Lighting Network integration. While Pair…
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Mastercard’s CEO Ajay Banga revealed why the company left the Libra association, while sharing his thoughts on national payment networks such as CBDCs. Mastercard Chief Executive Officer Ajay Banga explained his concerns about Libra in a Feb. 3 interview with the Financial Times. He bashed Libra for its lack of transparency while arguing that national…
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Capital markets blockchain platform iSTOX has graduated from Singapore’s regulatory sandbox and been approved as a market operator and capital markets services licensee. Capital markets blockchain platform iSTOX has graduated from Singapore’s regulatory sandbox and been approved as a recognized market operator and capital markets services licensee. Singapore’s The Business Times confirmed on Feb. 3…
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Singapore-based crypto exchange Zebpay opens its doors to Indian clientele once again after a 16-month hiatus. Singapore-based crypto exchange Zebpay reportedly returns to the Indian market more than a year after an Indian Reserve Bank crackdown led to the exchange’s closure in the country. After discontinuing Indian services in late 2018, Zebpay will open its…
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Tokyo-based cryptocurrency exchange bitFlyer launched its commission-free campaign for BTC/USD trading pair to its U.S. customers. People in the United States now have another zero-fee option to buy Bitcoin (BTC) with the U.S. dollar. On Jan. 30, Tokyo-based cryptocurrency exchange bitFlyer launched its commission-free campaign for BTC/USD trading pair to its U.S. customers. bitFlyer USA…
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