FinTech
Africa’s First Stablecoin is Built on Binance Chain
Africa’s first stablecoin, the Africa Stable-Coin(ABCD) is backed by Nigeria’s national currency, the Naira. Also, the fiat-backed crypto is built on Binance’s native...
Lithuanian Central Bank Publishes Crypto (CBDC) Research
This year has seen the beginnings of a global race to launch central bank crypto-assets (CBDCs). No country has managed it yet but China is emerging as the clear favorite. This has...
World’s First Collectible Crypto Coin to be Issued in 2020
In an effort to further establish itself as an emerging fintech and crypto hub Lithuania will be issuing the world’s first collectible crypto coins. The commemorative issue coin is...
PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks
People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create...
Trusted Third Parties Should Issue Stablecoins, Not Facebook
eToro believes the key to success for Facebook’s Libra is in partnering with authorised partners. If Facebook’s Libra project is to succeed it should use stablecoins issued by...
What is Ripple? How is XRP Related to Ripple?
Ripple is a financial settlement protocol to facilitate near-instant monetary transfers between two parties. It is a product of the San-Francisco based fintech company Ripple Labs...
Mastercard Announces ‘Fintech Express’ In Asia-Pacific...
Mastercard proudly announced its new ‘FinTech Express’ platform at the Singapore FinTech Festival. In an interview with Bloomberg, Mastercard Asia Pacific Co-President, Ari...
Elon Musk SpaceX IEO Appears On LAToken Exchange
Increasingly questionable cryptocurrency exchange, LAToken, is currently listing an IEO purportedly run by Elon Musk for SpaceX. Although this would be many a tech-fan’s dream...
Edge Wallet Eases Bitcoin Purchase With LibertyX & MoonPay
Digital wallet operator Edge announced that it has integrated two new options – LibertyX and MoonPay. Both additions will enable Edge wallet users to buy bitcoin and cryptocurrencies...
Will Facebook Store Data of Libra Cryptocurrency Users
Recently, Facebook came under heavy fire for a massive security breach of its network and personal data pilferage of millions of users. However, in a letter to US senators, the social...
Facebook Talks ‘GlobalCoin’ With CFTC (While Bitcoin...
Facebook is reportedly in talks with US Commodities and Futures Trading Commission regarding the future of its GlobalCoin ‘cryptocurrency.’ Facebook In Talks With The CFTC...
Amazon Files Proof-Of-Work Patent Using Cryptography
Amazon this week filed a US patent for a Proof-of-Work system which uses cryptography to generate Merkle trees. The Bitcoin and Ethereum networks use such ‘hash trees’ to...