Thursday, May 31, 2018

CryptoCurrency News: Money Transfer Firms Join Ripple's Payment Network

Two money transfer firms are to open a new payments corridor using RippleNet, while a Kuwaiti bank has also signed up to use the service.

via CoinDesk

CryptoCurrency News: $65 Million: Blockchain Assets Platform Paxos Raises Series B Funding

Blockchain startup Paxos has closed a $65 million Series B funding round led by existing investors including Liberty City Ventures and RRE Ventures.

via CoinDesk

CryptoCurrency News: PwC Australia, Port of Brisbane Unveil Blockchain Supply Chain Pilot

PwC Australia, the Australian Chamber of Commerce and Industry and the Port of Brisbane are trialling a new blockchain trade solution.

via CoinDesk

CryptoCurrency News: IDG Backs Crypto Wallet imToken with $10 Million Investment

China-based crypto wallet startup imToken announced on Thursday that it has closed a $10 million Series A round fully funded by IDG Capital.

via CoinDesk

CryptoCurrency News: Watch Out Crypto Exchanges, Decentralization Is Coming

With regulatory uncertainty looming over the industry, incumbents should not feel too comfortable at the top.

via CoinDesk

CryptoCurrency News: Forex Firm CLS Invests $5 Million in Enterprise Blockchain Startup R3

U.S.-based FX settlement provider CLS has made a $5 million investment in blockchain software startup R3.

via CoinDesk

CryptoCurrency News: Crypto Exchange Huobi Confirms Move Into Brazilian Market

Huobi, a major cryptocurrency exchange originally from China, has told CoinDesk that it's setting up shop in Brazil.

via CoinDesk

CryptoCurrency News: Going Up? Bitcoin Price Sets Sights on New Resistance

Bitcoin's corrective rally is gathering traction and may cross a key resistance hurdle soon, the technical charts indicate.

via CoinDesk

CryptoCurrency News: Stock Trading App Removes Crypto Price Tracking After Debut

A new service for tracking cryptocurrency prices on a popular stock trading app has become unavailable, possibly due to regulatory rumblings.

via CoinDesk

CryptoCurrency News: Disillusioned Token Investors Demand Real Talk About Risk

Investors who are passionate about blockchain technology are growing frustrated with a lack of tangible progress on risk management at token projects.

via CoinDesk

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