Source: Adobe/Nasibli The third-largest cryptoasset by market capitalization, XRP, extended its losses and dropped to November lows after the US Securities and Exchange Commission (SEC) filed an expected action against US-based major blockchain company Ripple and two of its executives. At the time of writing (08:57 UTC), XRP, the worst performing coin among the top […]
Source: iStock/selimaksan The chief cryptographer at blockchain startup Ripple, David Schwartz, told the Wall Street Journal that one of the developers on his team got offered two USD 1 million signing bonus offers, one from a cryptocurrency startup, the other from a large technology company with a blockchain initiative. In his opinion, pay packages for […]
Should the investment industry switch to blockchain, as opposed to manually buying and selling funds, asset managers would be looking at saving USD 2.7 billion annually, according to research reported by the Financial Times. Technology company Calastone said blockchain could revolutionise the processes involved in buying and selling funds, generating large savings for investors in […]
Brad Garlinghouse. Source: a video screenshot, Youtube/Bloomberg Technology XRP-affiliated, US-based major blockchain company Ripple claims that the US Securities and Exchange Commission (SEC) plans to file a lawsuit against the company because it allegedly violated investor-protection laws when it sold XRP. (Updated at 05:41 UTC: new comments from Ripple have been added. Updated at 07:36 […]
Source: iStock/MKucova The introduction of central bank digital currencies (CBDCs) could bring a wide range of benefits to consumers and economies worldwide, including increased financial inclusion for people currently underserved by conventional financial institutions – particularly in the aftermath of the ongoing coronavirus pandemic. But they may need technological help to do so, suggested researchers. […]