Ripple is rolling out an initiative dubbed Xpring to help expand the use of its XRP digital currency, TechCrunch reported. Through a combination of grants, investment and incubation, Ripple hopes to encourage startups to build an ecosystem around XRP. Get the Full Story Complete the...
Bitcoin — among other cryptocurrencies — took a fall on Friday (May 11) and hit a three-week low as news surfaced that authorities raided South Korea’s largest crypto-exchange, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Ripple reported positive results from multiple early pilots for its on-demand liquidity product, the company announced in a press release. The xRapid solution uses Ripple’s XRP for cross-border transactions between financial institutions. Get the Full Story Complete the form to unlock this article and enjoy...
The Winklevoss twins have won a patent to help settle exchange traded products (ETPs) involving digital currencies through their company, CoinDesk reported. In a patent published by the U.S. Patent and Trademark Office, Winklevoss IP detailed a way to make transactions for ETPs that hold digital...
Xapo, the startup that stores bitcoin purchases for millionaires and billionaires in underground vaults, is housing around $10 billion worth of the digital token. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The decline in the price of bitcoin over most of this year to date might be related to the launch of cryptocurrency derivatives, Yahoo! Finance reported. In the middle of December, when bitcoin reached its peak, the Chicago Mercantile Exchange started to allow the trading...
Bill Gates would bet against bitcoin if there was a simple way to do so, CNBC reported. “As an asset class, you’re not producing anything and so you shouldn’t expect it to go up,” Gates said. “It’s kind of a pure ‘greater fool theory’ type...
Crypto, now for use in the offline world? In ways that involve physical notes — the ones you (gasp) keep at the ready, poised to hand to merchants? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A Russian state-owned fund is trying to attract investment to the tundra and swamps of Siberia through a digital token sale backed by Siberian diamonds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
