Ripple’s performance for the past 24 months has been absolutely terrible. The coin has been on a non-stop downward spiral for the majority of 2018 and 2019. Even 2020 seemed like a terrible year for XRP as it started with one of the lowest exchange rates the coin had ever seen.
Blockchain startup Baton Systems has received a $4 million investment from Illuminate Financial, a strategic independent investor in early stage FinTech companies.
Founded in 2016, Baton enables on-demand payments through its distributed ledger-based platform to eliminate the need for capital-intensive pre-funding of margin requirements and deliver a more operationally efficient infrastructure for the entire derivatives ecosystem.
Video-centric social media app Vid has announced its upcoming launch on iOS and Android.
Created by Jagpal Singh and Joshvun Singh, Vid uses AI and blockchain technology to enable its users to create privacy-protected video content while allowing users to monetize content and retain 100 percent of advertising revenue.
Luxury automobile brand Mercedes-Benz is conducting a blockchain pilot for transparency on CO2 emissions in the cobalt supply chain.
The blockchain pilot is in line with Mercedes-Benz Cars’ “Ambition2039” initiative, which aims for a carbon neutral new passenger car fleet in less than 20 years.
Crypto exchange bitFlyer USA has announced the launch of its 0% Trading Fee Campaign for BTC/USD for active crypto traders.
The campaign, which will be launched on bitFlyer’s pro trading tool bitFlyer Lightning, will enable US traders to trade without any fees on the platform.
Cryptocurrency exchange Bitfinex has added margin trading for Tether Gold (XAU₮), enabling traders to execute more advanced strategies on the metal in a digital form.
Founded in 2012, Bitfinex is a digital asset trading platform offering services for digital token traders and global liquidity providers.
The Ampleforth protocol moves volatility from unit price to unit count and achieves price stability by algorithmically expanding and contracting supply among holders based on demand.
Deutsche Bank recently released their Imagine 2030 report, which analyses predictions for the decade ahead pertaining to the future of finance.
One particularly interesting finding in the report compares the early-stage evolution of the Internet and blockchain technology. The graphic proves that although the Internet has reached more significant widespread adoption,
BCB Payments Limited, the core operating subsidiary of global digital financial services group BCB Group, has secured its Authorized Payment Institution (API) license from the UK Financial Conduct Authority (FCA).
BCB Group is a crypto-dedicated payment services provider, serving some of the industry’s largest clients including Bitstamp,
Archax, which plans to launch its exchange in mid-2020, is focused on providing a venue for institutions and professional investors to trade in digital securities.