Daniel Abel

Blog Info Altcoin Buzz
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Stats Has written 27 posts about cryptocurrency

Oct 31 2020

Bahamas Unveils World’s First CBDC

With the inauguration of the Sand Dollar, the Bahamas has attained the position of being the first nation in the world to officially launch a central bank digital currency (CBDC). The Central Bank of the Bahamas, who disclosed this milestone, noted that the digital currency is currently obtainable to all 393,000 dwellers of the tropical country....

Oct 29 2020

Jerome Powell: CBDC Could Improve U.S. Payment System

Federal Reserve Chairman Jerome Powell has stated that a central bank digital currency (CBDC) could improve the current payment system in the United States but that there also potential pitfalls to address as well. Jerome Powell made this assertion during the International Monetary Fund (IMF) panel discussion on cross-border...

Oct 28 2020

ConsenSys, Protocol Labs Partner to Integrate Filecoin, Ethereum

Blockchain-focused firm ConsenSys has announced a partnership with Protocol Labs, the open-source software laboratory behind Filecoin, to integrate Filecoin fully with its Ethereum product stack. In an official blog post, ConsenSys noted that the collaboration would connect...

Singapore’s DBS Is Exploring Crypto, Spokesperson Confirms

News of Singapore's biggest bank, DBS, launching a cryptocurrency exchange, rocked the crypto space today. Following the announcement, a spokesperson for the bank confirmed to Altcoin Buzz that DBS was exploring unveiling a digital currency exchange. However, it was noted that this decision was still in progress as the bank has not yet obtained regulatory approval. According to the spokesperson, "DBS’ plans to...

Oct 24 2020

Japan’s LINE to Unveil CBDC Development Platform

Japan-based LINE, a popular messaging app, has disclosed its intention to introduce a blockchain platform centered on central bank digital currency development. According to Chosun, a South Korean newspaper, Line Corporation will help central banks who want to produce digital currencies through the use of its own CBDC...

Splinterlands, Brave Partner for Better User Experience

Brave, the privacy-focused and crypto-friendly browser, has announced a partnership with Splinterlands, a blockchain-based competitive card game. This partnership aims to provide users with a more rewarding experience while promoting freedom and user privacy. The gaming platform, who disclosed the collaboration via an official...

Oct 23 2020

PayPal Looking to Acquire BitGo, Other Crypto Firms – Bloomberg

Oct 23 2020 Published at Altcoin Buzz under tags  bitgo cryptocurrency news paypal

Payments behemoth PayPal, who recently announced a major move into the cryptocurrency space, is considering the acquisition of Bitcoin custodian BitGo, as well as potentially other crypto firms, a Bloomberg report noted. According to the report, PayPal is exploring...

Oct 22 2020

Crypto.com Integrates PayID for Easier Crypto Transactions

Leading cryptocurrency platform Crypto.com has partnered with the Open Payment Coalition for access to its universal payment identifier, PayID, to unveil a new feature that allows users to send and receive crypto easier. Crypto.com, who disclosed this announcement via an official blog post, stated that the integration with PayID...

Oct 21 2020

Bank of Spain to Examine Digital Currency

Banco de España, commonly known as the central bank of Spain, is planning to examine the effects of digital currency. The Bank of Spain disclosed this endeavor as it revealed its 2020-2024 strategic plan, which mostly summarizes its vision and goals for the next four years. Extensive...

Trust Wallet Governance Now Live

Trust Wallet has announced the launch of a new governance mechanism that would enable holders of its native token (TWT) to participate in voting on proposals for its development, updates, and other matters. Trust Wallet, a mobile wallet application for ERC20/ERC223 tokens, made this announcement via an official tweet. It noted that “Trust Wallet Governance is here! $TWT holders can now vote on...

Oct 19 2020

CorionX Partners Fuse to Increase Stablecoin, DeFi Adoption

In its continuous effort to increase users' participation and adoption of stablecoins and decentralized finance (DeFi), Corion Foundation, a non-profit organization, has announced a partnership with Fuse. Corion Foundation made the announcement via an official blog post. The foundation noted that the partnership arose due to both firms' similar vision to enable access to quick, safe, and cheap open finance solutions globally....

Oct 17 2020

Ripple Unveils ‘Line of Credit’ Offering

Top payment protocol and exchange network Ripple has announced the launch of its lending product - "Line of Credit." This product would provide clients access to capital on demand and perform cross-border payments using XRP. Ripple made the announcement via an official...

Filecoin (FIL) Supported by Coinbase Custody, Other Exchanges

Oct 17 2020 Published at Altcoin Buzz under tags  coinbase custody fil filecoin gemini huobi

Coinbase Custody has announced the addition of the Filecoin token (FIL) to its list of digital assets available for users. Coinbase Custody, the custodial service entity of Coinbase, disclosed the addition of Filecoin (FIL) via an official blog post. The company noted it is enabling support for the new...

Oct 13 2020

Binance CEO Says DeFi Will Replace CeFi

Changpeng Zhao, CEO of top cryptocurrency exchange Binance, has stated that decentralized finance (DeFi) would replace centralized finance (CeFi) in the long run. The Binance CEO made this statement during a live chat with Reuters’ Anna Irrera while speaking on DeFi and CeFi at the...

Oct 08 2020

Grammy-Winning Musician RAC Launches Ethereum Token

Grammy award-winning musician Andre Anjos, commonly known as RAC, has joined the cryptocurrency space by launching a new community token called $RAC. RAC, who disclosed the launch of $RAC via a blog post, revealed he launched the initiative because he was fascinated with crypto over the years. He further explained that he believes the...

1inch Partners Hacken Over Security

Oct 08 2020 Published at Altcoin Buzz under tags  1inch business partnerships hacken xbtc

In a bid to improve security on its platform, 1inch has announced a partnership with renowned cybersecurity solutions provider Hacken. 1inch disclosed the collaboration via an official blog post, noting that the integration of Hacken will enable it to provide users with top-notch protection....

Oct 07 2020

Digital Currency Adopted by 101M People – Cambridge Survey

A new survey released by the University of Cambridge has disclosed that the number of people who hold Bitcoin and other digital currencies has increased massively over the last two years. Currently, there are 101 million "unique crypto asset users," a marked increase from the 35 million in 2018. According to researchers at the Cambridge Centre for Alternative Finance, the number of crypto...

Ripple Could Leave U.S. Over Regulations, Chairman Warns

Oct 07 2020 Published at Altcoin Buzz under tags  chris larsen ripple sec spotlight xrp

In view of the United States' stance towards cryptocurrency and regulations enacted by the U.S. Securities and Exchange Commission (SEC), the executive chairman of top payment protocol and exchange network Ripple has warned that the firm is considering leaving the U.S. Chris Larsen, Ripple co-founder and executive chairman,...

Oct 06 2020

Blockchain Gaming Platform Sorare Signs PSG

Blockchain fantasy soccer game Sorare has signed a deal with top French football club Paris Saint-Germain (PSG). This partnership allows the club to tokenize its players and issue them in the blockchain game as digital cards. It's official: @PSG_inside joins...

Swipe Unveils Visa DeFi Lending Card ‘LendFi’

Binance's digital currency debit card provider, Swipe, has announced the launch of a new cryptocurrency Visa card that enables users to borrow funds using blockchain technology. According to the announcement, Swipe partnered with Marqeta, a commerce...

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