How Did Twitter CEO’s Square Overtake Coinbase as #1 Bitcoin Buying App?

Square, a payment platform for merchants and individual users operated by Twitter CEO Jack Dorsey, has surpassed Coinbase to become the most widely used iOS app to buy Bitcoin (BTC). The platform, called Cash App on Apple’s iOS store, also overtook YouTube to become the number one top free mobile application on the iOS store, demonstrating a rising demand for digitalized payment systems in the U.S. market. The easiest way for every single person in America to buy bitcoin is #1 on iOS today 💪 @CashApp pic.twitter.com/nYUt6tSkIJ — Miles Suter…

South Korean Crypto Exchanges Overtake Maltese Ones by Daily Trade Volume

Cryptocurrency exchanges registered in South Korea have overtaken their Maltese-registered counterparts by average daily trade volume in November. This is according to a report by cryptocurrency market data provider CryptoCompare, published Thursday, Dec. 6. The November edition of CCCAGG, a monthly crypto exchange review published by CryptoCompare, shows that South Korean exchanges, including Bithumb, Coinone, Korbit and Upbit among others, registered a combined $1.4 billion of average daily trade volume. In the meantime, their competitors in Malta had only achieved $1.2 billion. This is a significant change when compared to…

Ripple aims to overtake Swift banking network

“Swift said not that long ago they didn’t see blockchain as a solution to correspondent banking. We’ve got well over 100 of their customers saying they disagree.” In September, investment bank JP Morgan announced plans to roll out its blockchain payments plan to a network of more than 75 different banks including Santander and Société Générale. Banks are looking at the technology as a means of improving the efficiency of cross-border payments, which are often complicated by the involvement of regulatory compliance checks and missing data that can delay transactions…