Strike will be hoping to leverage Tether’s stability as a reliable store of value to appeal to more clients globally. Strike, a global payments platform built on Bitcoin‘s Lightning Network, has added support for Tether (USDT). By integrating the world’s largest stablecoin, users of the Strike app may now carry out USDT on-ramps, off-ramps, and settlements within the platform. According to Tether CTO Paolo Ardoino, work is still in progress regarding which blockchains will back the integration of USDT on the platform. However, he hints that “it will be a…
Tag: Platform
Crypto Trading Platform Crossover Markets Teams With Credit Network Hidden Road to Enable Trading
Hidden Road customers will have access to CROSSx, Crossover’s execution only communication network (ECN), to execute cryptocurrency spot transactions, according to the press release. Hidden Road is the first firm to onboard with CROSSx, which Crossover launched in March. Source
Web3 App Development Platform Sort Raises $3.5M to Further Product Growth
Sort allows developers to incorporate smart contracts into apps Source
Blockchain Gaming Platform STEPN Integrates With Apple Pay, Here´s What We Know
According to an official announcement, the blockchain gaming platform STEPN has become the first app to integrate with Apple Pay. This project was launched in 2018, during the crypto craze driven by the Bitcoin bull run, as one of the first to reward users with a token for undertaking an activity. Apple And STEPN Partnered To Offer Convenience To Crypto Users The project will likely enter a new era of adoption as millions of people can access the platform via Apple Pay. Per the announcement, users can purchase the project’s…
Crypto Trading Platform Hotbit Terminates Centralized Exchange Operations
The crypto industry will pivot increasingly toward more decentralized business models in response to the sterner regulatory oversight of centralized firms following FTX’s collapse, according to Hotbit. Decentralized businesses should in theory be able to avoid the risk of there being a single point of failure, as occurred with FTX. Source CentralizedCryptoExchangeHotbitOperationsPlatformTerminatesTrading CryptoX Portal
Ripple to showcase tokenization with new CBDC platform in Hong Kong
Ripple, a leading crypto solutions company, has announced its participation in the digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC) pilot program initiated by the Hong Kong Monetary Authority (HKMA). As part of the program, Ripple will showcase a real estate asset tokenization solution and unveil its new CBDC platform. The company will collaborate with Taiwan’s Fubon Bank and other partners to demonstrate equity release using tokenized assets through a retail version of the e-HKD CBDC. Equity release, commonly known as a reverse mortgage, enables homeowners to access…
Blockchain technology platform Bakkt looks toward Europe after MiCA
The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt chief product officer Dan O’Prey said. On the whole, O’Prey saw positive long-term trends. Speaking to Cointelegraph’s U.S. News Editor, Sam Bourgi, at Bitcoin 2023, O’Prey described Bakkt as prioritizing its role as a “B2B2C” company for the past two years. As such, it has seen “a significant portion of the major institutional interest” focused on Bitcoin (BTC), in spite of the aftermath of the collapse of cryptocurrency exchange FTX.…
Ripple launches CBDC and stablecoin issuance platform
Ripple, a leading crypto solutions company, has introduced the Ripple CBDC Platform, a comprehensive solution for central banks, governments, and financial institutions to issue their own central bank digital currencies (CBDCs) and manage the lifecycle of fiat currencies. Barely 24 hours after purchasing a controlling stake in Metaco, a Swiss-based firm specializing in tokenization and digital asset custody, Ripple, the fintech firm in charge of the XRP altcoin, has launched a new stablecoin and CBDC issuance platform. With over 90% of countries actively exploring CBDCs to enhance financial inclusion and…
Crypto Trading Platform Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees
The company, granted a New York BitLicense in January 2023, had advertised free wallet storage on its website, but it charged fees that sometimes entirely emptied investors’ accounts, the investigation concluded. In an agreement with the state, Coin Cafe is paying back those harmed, including 340 investors in New York. Source
Binance Integrates Its Spot Trading Platform with TradingView
The integration of TradingView will give Binance users access to a wide range of tools while exposing Binance products to traditional investors. The Binance Spot market trading platform has been integrated with TradingView, a leading charting platform that offers traders a greater insight into the markets. The news broke via a press release seen on Thursday, May 18. Providing Greater Insight into the Market via Tools and Data With the integration, users of Binance will have access to a wide range of tools featured on TradingView, enabling them to approach…