By CCN: Some of the world’s biggest banks are partnering with London-based Fnality International to create a blockchain digital currency for faster cross-border transfers. These banks from Japan, Europe, and the United States are hoping that issuing a utility settlement coin (USC) will lower transaction costs of cross-border payments by cutting out intermediaries. Fnality International has received $63.1 million in capital from the …

So now it’s official. Bitcoin has finally become truly mainstream. Microsoft has added it as a currency option in Excel. BITCOIN’S PATH TO MAINSTREAM STATUS There are a number of hurdles one must overcome to become truly mainstream, and Bitcoin just crossed the big one. Microsoft has added the cryptocurrency as a currency option in its Excel spreadsheet program. View image on …

Bitcoin miners have sold enough BTC to keep their operations going for roughly the next 12 months. By CCN: Now that the bitcoin price is holding at the $8,000 level, investors are anxiously awaiting what comes next. Bitcoin’s value has expanded by 50% over the last 30 days, but the bulls are currently taking a breather and momentum appears to have …

Financial services giant Fidelity Investments is said to be launching cryptocurrency trading service soon. A Bloomberg report on Monday, citing “a person familiar with the matter,” said that Fidelity will roll out the service for trading bitcoin “within a few weeks” and will focus on institutional, not retail, customers. Fidelity spokeswoman Arlene Roberts told Bloomberg: We currently have a select set of …

OneCoin Has Rubbished Claims Of Fraudulent Schemes Operated By The Company As Reported By The Media. (Photo: Samoa Observer )OneCoin has rubbished claims made by the Central Bank of Samoa (C.B.S.) that they are a “hybrid ponzi-pyramid scheme” that “laundered money through New Zealand to Samoa” and targeted individuals through churches.The digital currency company said its associates are “self employed …

General interest in cryptocurrencies is not what it used to be during the all-time highs of 2017 and established companies in the industry have been rethinking their priorities. Entrepreneurship in the crypto space, characterized by ingenuity and optimism, remains strong however. This is shown by the fact that dozens of businesses and individuals in the U.S. have filed for crypto-related …

Twitter CEO Jack Dorsey has revealed he is spending thousands of dollars a week on bitcoin in anticipation of a major turnaround for the cryptocurrency market. Mr Dorsey, who is also the founder and CEO of mobile payments company Square, has been a vocal advocate of the cryptocurrency since 2017 but had never before spoken about his own holdings. Speaking …

Binance,  the company widely seen as the world’s largest crypto exchange, has officially set up shop in Singapore after it launched a service in the country. The new Singapore service, however, bears more of a resemblance to U.S. rival Coinbase than a classic Binance exchange. Binance’s rapid ascent is thanks to a service that lets users trade a range of crypto tokens …

Tim Draper, the founder of Draper University had earlier predicted $250,000 Bitcoin (BTC) price by 2022, which most investors and observers in crypto space tagged as outrageous. Also, John McAfee, the British-American computer programmer and founder of Software Company known as McAfee Associates had once predicted $1000000 Bitcoin (BTC) price by the end of 2020, a prediction that seems impossible …

Coinbase is taking the threat of criminals hacking activity seriously, and to prove it, the exchange revealed the details of its crypto insurance policy program this week. It’s held a hot wallet policy with a $255 million limit since 2013. The policy is facilitated through Lloyd’s of London. In a post about its insurance, the exchange’s Chief Information Security Officer, Philip Martin, stated: The data …