Chainlink (LINK) was soaring high in the early European trading session Thursday as traders continued to seek hedge in the cryptocurrency market against a choppy Bitcoin. The LINK-to-dollar exchange rate surged to $24.9, up 15.16 percent from its intraday opening value. The latest upside appeared near a confluence of supports […]

Token, an open banking payments platform, announced that it has raised a total of $15 million in Series B funding backed by SBI Investment, Sony Innovation Fund by IGV, and existing investors including Octopus Ventures, Opera Tech Ventures, and the venture arm of BNP Paribas. According to the official announcement, […]

The Ripple community is at a loss to explain the motivation behind a class-action lawsuit filed by Florida man Tyler Toomey against Ripple Labs and Ripple CEO Brad Garlinghouse over a $48.56 loss. In November 2020, Toomey purchased 135 XRP tokens at $0.724 each for a total value of $97.80. […]

S&P Global says cryptocurrencies have become mainstream and appear to be here to stay, as more companies are offering crypto services and adoption is growing worldwide. Meanwhile, an S&P analyst believes that bitcoin’s rise is reminiscent of the U.S. gold rush. S&P Global Says Bitcoin Has Become Mainstream Financial information […]

Dutch cryptocurrency exchange Bitonic has filed a preliminary injunction against the Dutch Central Bank (DNB) to suspend the regulator’s controversial wallet verification. Bitonic Looking to Preserve Customers’ Privacy According to a press release on Tuesday (Jan. 26, 2021), Bitonic requested the court to question the legitimacy of DNB’s wallet verification […]

Australian based company Helio Lending recently announced that it had expanded into San Francisco through a new U.S. office. The company also announced that it had expanded its book of partners to include more crypto loan providers and yield generating platforms.  Helio’s value add includes the ability to work with […]

The United States has recently welcomed some new members into different government positions, alongside its new President Joe Biden. But two roles; the role of the SEC chairman, (a position which is to be handled by Gary Gensler) and the role of Treasury Secretary (which has now been handed over […]

A United States court has sentenced a 33-year-old San Francisco man for pulling off a multi-million dollar cryptocurrency fraud during the hype of initial coin offerings (ICOs) in 2018. Tuesday’s sentencing came after Jerry Ji Guo pled guilty to one count of wire fraud in August 2019. He was sentenced […]

SIA, an Italian company specialized in e-payment services, is working on a blockchain-based system to enable secondary credit trading. The upcoming platform will allow banks, funds, and financial operators to negotiate secondary credit transactions via blockchain, SIA announced on Jan. 26. A spokesperson for SIA told Cointelegraph that the company […]

A former U.K. cybersecurity chief has raised concerns that ransomware incidents are close to “getting out of control.” Ciaran Martin has also called for laws to prevent people from paying bitcoin to cybercriminals. Former Official Claims Most of the Cybercriminals Are Based in Russia During an interview with The Guardian, […]