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US-Based Huobi.com Adds Three XRP Trading Pairs

Hbus, the operator of the United States-based crypto exchange Huobi.com, has today launched three trading pairs for XRP. Hbus, the operator of the United States-based version of major crypto exchange Huobi.com, has today launched three trading pairs for XRP. The news was announced in a press release shared with Cointelegraph on April 18. According to the announcement, the three XRP trading pairs are to be USD-XRP, bitcoin (BTC)-XRP, and tether (USDT)-XRP. XRP deposits are set to open 12:00 a.m. PST today, while trading and withdrawals for the three pairs will go live tomorrow, April 19, at 12:00 a.m. PST. According to Hbus CEO Frank Fu, XRP is the platform’s 20th listed digital asset, bringing Huobi.com’s total trading pairs up to 51. The press release characterizes XRP as a “strong performing coin with broad utility and volume.” It points to XRP creator Ripple’s multiple partnerships to drive adoption of its cross-border payments network RippleNet. To press time, XRP is currently the..

London-Based Blockchain Startup Raises $3.9M with Equity Tokens on LSE’s Turquoise

A British blockchain startup secured 3 million pounds by selling tokenized shares on LSE’s equity trading platform Turquoise. United Kingdom-based blockchain startup 2030.io has raised $3.9 million through a platform owned by the London Stock Exchange (LSE), fintech news Finextra reported on April 15. Known as Twenty Thirty or 20|30, the startup has reportedly secured 3 million British pounds (GBP) by selling tokenized shares on LSE-owned equity trading platform Turquoise. In July 2018, 20|30 became one of 29 firms that were approved by the Financial Conduct Authority (FCA) to start testing within its fourth cohort of a regulatory sandbox. With FCA approval, 20|30 became authorized to issue equity tokens on the Ethereum (ETH) blockchain, with the firm announcing that LSE’s Turquoise will be the first platform to pilot the sales of its tokenized shares. According to the recent report, the trial has been carried out successfully, using “real cash money.” Tomer Sofinzon, Twenty Thirty..

Cyprus-Based Company, PLC Player Loyalty Ltd. Announces Launching of Pre-ICO for...

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: "CCN+Hacked". Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: "CCN+Hacked". Sign up here. Larnaca Cyprus, April 15, 2019. PLC Player Loyalty Ltd. (PBET) is a Cyprus-based software company that provides innovative solutions to the gaming industry. We have successfully commercialized software products to more than 20 gaming venues. The PBET project is a unique innovation that addresses the convergence between physical and online gaming while allowing the generation of synergies between these channels, thanks to our “Unified Gaming Platform” that embeds cryptocurrency payments. Studies, like the one conducted by Transparency Market Research, evaluates the total revenue generated from online gambling and sports betting to be wo..

Japan: Resona Bank Ends Partnership With Ripple-Based Payment App MoneyTap

Major Japanese bank Resona withdrew from Ripple-powered blockchain payment project MoneyTap without specifying the reasons. Major Japanese bank Resona will withdraw from Ripple-powered blockchain payment project MoneyTap on May 13, the bank announced on April 11. A subsidiary of Resona Group, the fifth largest banking group in Japan as of 2012, Resona Bank joined the project in October 2018, along with SBI Sumishin Net Bank and Suruga Bank. Launched on Oct. 3, MoneyTap payment service uses Ripple’s blockchain solution xCurrent, which claims to offer instant domestic bank-to-bank transfers. The project was co-developed by Japanese financial services giant SBI Holdings and blockchain firm Ripple, the firm behind XRP, the third top cryptocurrency by market cap. In the recent announcement, Resona claimed that the bank will cancel its cooperation with MoneyTap, noting that the cooperation started on October 4. The bank did not provide any specific details to explain its decision to withdra..

San Francisco-Based Thor Token Project Shuts Down

Thor Token is shutting down as the project “was not able to gain traction and achieve commercial success.” San Francisco-based blockchain project Thor Token is shutting down as the project “was not able to gain traction and achieve commercial success.” The news was announced by co-founder and CEO at Thor, David Chin on April 9. Thor — which was built on Neo (NEO) — has announced it is closing its doors as it reportedly could not manage to raise enough capital to come up against the lack of sales, as well as find a new place where it could benefit from more resources. Chin revealed in the post that the company has been trying to find the right person or entity to hand over the Thor project in order to let it continue, however it has not been able to find one for an acquisition at this time. Chin further stated: “Thor will be ceasing operations in the near future given no other funding or acquisition offers are found. [...] All Thor code and products will remain open source for the comm..

US Startup Raises $14.1 Mln for Blockchain-Based Payments Network for Retailers

American blockchain startup Flexa raised $14.1 million in funding to release a blockchain-powered payment network for retailers. New York-based blockchain startup Flexa has raised $14.1 million to develop a payments network for retailers. The development was announced in a press release published on April 11. Per the release, Flexa has raised $14.1 million in funding from such participants as early stage token fund 1kx, investment firms Access Ventures and Nima Capital, and hedge fund Pantera Capital, which recently revealed that it was close to completing funding for its third venture fund, already raising $160 million. The company intends to create a payment network for retailers that would reduce costs, overhead, and fraudulence by means of blockchain-based settlements. Flexa is also planning to release a mobile application through which customers could conduct operations with cryptocurrencies they already own. Tyler Spalding, Co-Founder and CEO of Flexa, said that "the anti-fraud ..

Tata Consultancy Services Powers Blockchain-Based Cross-Border Securities Settlement

IT services company TCS announced that it carried out what it defines as the world's first cross-border securities settlement between two central depositories. Indian IT services company Tata Consultancy Services (TCS) announced on April 10 that it carried out what it defines as the world's first cross-border securities settlement between two central depositories using the Quartz blockchain. The Central Securities Depositories (CSD) involved are reportedly Maroclear, the CSD of Morocco, and Kuwait Clearing Company, the CSD of Kuwait. During the test, a set of equities and fixed income securities from both markets were created on the chain along with accounts to hold them, and were instantaneously transferred. The system reportedly used cash coins on the BaNCS Network, powered by the Quartz blockchain. The announcement explains that cash coins are a digital asset pegged to a fiat currency and maintained on the network. Per the report, the network is a private permissioned ..

Major Web Browser Firefox by Mozilla Now Blocks Web-Based Cryptojacking

Major open-source browser Mozilla Firefox announced new protections against crypto mining attacks in its new browser versions. Major open-source browser Mozilla Firefox has launched new protections against crypto mining malware in its new browser versions, according to a blog post published on April 9. In its latest Firefox Nightly 68 and Beta 67 versions, Mozilla has enabled a new level of protection against crypto mining and fingerprinting hack attacks in a part of the browser’s Content Blocking suite of protections. The new browsing feature has been developed in collaboration with privacy and security software firm Disconnect, and represents a collection of blacklists of malware domains associated with fingerprinting and crypto mining scripts. Disconnect’s blacklist is reportedly capable of blocking in-browser mining services such as Coinhive and CryptoLoot, according to tech news outlet BleepingComputer. The new Firefox protection is currently not enabled by default, but can be en..

Gibraltar Stock Exchange Launches Listings of Blockchain-Based Securities

Gibraltar Stock Exchange has launched listings of blockchain-powered securities on the GSX Global Market. The Gibraltar Stock Exchange (GSX) is launching listings of blockchain-powered securities on its practical listing venue GSX Global Market, the firm announced on April 9. Today, the GSX starts listing a number of new products known as digital, smart or tokenized securities such as corporate bonds, convertible bonds, asset-backed securities, derivative securities, open-ended funds and closed-ended funds, the announcement says. By applying distributed ledger technology (DLT), the GSX intends to enable greater liquidity pools and facilitate democratizing the capital markets, the firm noted in the press release. In contrast to the GSX Main Market, GSX Global Market provides a lighter reporting scheme and disclosure framework, which will purportedly enable issuers with reduced timelines and listing costs. As a recognized stock exchange regulated in the European Economic Area (EEA), GSX..

Celo Raises $30 Million for Stablecoin-Based Smartphone Payment Plans

Celo plans to use a dedicated USD-backed stablecoin to provide unbanked consumers with payment options. Blockchain payments startup Celo has raised $30 million from well-known crypto investors Polychain Capital and Andreessen Horowitz, the Wall Street Journal (WSJ) reported on April 2. Celo, which is the trading name of A Protocol Inc., plans to use an in-house digital token and stablecoin to facilitate cross-border payments, primarily focusing on the unbanked using smartphones. Having raised $6.4 million in previous cash injections, the company is now conducting pilot-phase tests in Argentina. “We see big potential in letting people — directly on their smartphone — access basic financial services,” Rene Reinsberg, cofounder of Celo, told the WSJ. He added: “We are based on blockchain technology but for the average end user we try to abstract that away, to make the experience as easy as any other mobile app.” The allure of borderless payments without the need for banking credentials h..
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