Which Stablecoin Is the Riskiest? The Crypto Market Is Pricing That In

The market is starting to differentiate between stablecoins, even though these cryptocurrencies are all designed to trade 1-to-1 with fiat. Several U.S. dollar-pegged cryptocurrencies are now trading either significantly higher or significantly lower than the greenback, reflecting investors’ perceptions of their relative risk. Given that stablecoins are typically used as on-ramps for investors looking to…

LINE Announces 5 Dapps in Push to Build Its Token Economy

Messaging giant LINE has officially announced the first five decentralized apps (dapps) to launch on its custom blockchain platform. The company said in a press release Friday that prediction, question-and-answer, product review, food review and location review dapps will launch in the coming weeks as the company works to build up its own token economy.…

Over 75 New Banks: JPMorgan Expands Blockchain Payments Trial

NEWS Sep 25, 2018 at 11:40 UTC  |  Updated  Sep 25, 2018 at 11:44 UTC A major blockchain payments trial launched by JPMorgan, Australia’s ANZ and the Royal Bank of Canada has just gained over 75 new banks as participants. As reported by CoinDesk, the three banks set up the project in October 2017, aiming to slash…

Gemini Launches NYDFS-Regulated Crypto Pegged to the Dollar

NEWS Sep 10, 2018 at 13:30 UTC  |  Updated  Sep 10, 2018 at 13:39 UTC Crypto exchange Gemini announced Monday that it is launching a dollar-backed stablecoin built on ethereum. The Gemini dollar is designed to provide liquidity for users hoping to send or receive U.S. dollars through the ethereum network, a press release stated. It will…

TransferGo Opens Payments Corridor to India Using Ripple Tech

Payment provider TransferGo has announced it is launching a remittance corridor to India that uses Ripple technology for near real-time transactions. Available from “anywhere in Europe,” the firm said in a press release that using Ripple’s services allows it to replace the “multiple slow incumbent communications systems, most prominently Swift, where transfers can take up…

Singapore Taps Blockchain Platform for Selling Tokenized Securities

NEWS Aug 27, 2018 at 19:05 UTC The Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) are looking to blockchain to create a secure platform for selling tokenized securities. Technology firm Anquan, consulting giant Deloitte and stock exchange operator Nasdaq will work with the MAS and SGX to develop a Delivery versus Payment…