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JPMorgan Chase Backs Ethereum 2.0, Says it Could Launch a $40 Billion Staking Industry by 2025

2 Jul 2021 2 minute read 0 comments FxCryptoNews

Once an avid critic of the world of bitcoin and cryptocurrency, Wall Street giant JPMorgan Chase is now changing the mood! Two analysts from JPMorgan Chase rely on the development of Ethereum 2.0 Proof-of-Stake (PoS). Ethereum 2.0 Staking Industry Co...

SBI Partners With Hamamatsu Iwata Bank to Use Ripple for International Transactions

2 Jul 2021 1 minute read 0 comments FxCryptoNews

SBI Remit announced a new partnership with Hamamatsu Iwata Credit Bank to use RippleNet technology for international transfers. Ripple to Operate International Transfer Services SBI Remit, a subsidiary of Japanese banking giant SBI, and Hamamatsu Iwa...

Lending and Savings Blockchain Protocol Nexo Lists Cardano (ADA)

1 Jul 2021 2 minute read 1 comment FxCryptoNews

Nexo’s digital asset platform has begun integrating Cardano’s native token ADA with all of its financial services. Initial services introduced include buying and selling services for ADA on the Nexo exchange, an interest rate of up to 8%, and the abi...

Algorand Integrated into the Copper Crypto Custody Solution, a FinCEN-registered Firm

1 Jul 2021 1 minute read 0 comments FxCryptoNews

Cryptocurrency custodian Copper announced that it is now supporting the Algorand blockchain’s native token ALGO and Algorand Standard Assets (ASA) tokens, which provide a mechanism for displaying assets on a digital ledger. Copper Supports 4.5 millio...

Ethereum Token Swaps Supported by Uniswap Launches on CoinMarketCap

30 Jun 2021 1 minute read 0 comments FxCryptoNews

CoinMarketCap (CMC) has introduced an Ethereum token swap function on its website through the integration with the decentralized exchange Uniswap. Exchange Icon for Ethereum Token Swaps Added on CoinMarketCap CMC is one of the most well-known cryptoc...

Ripple Welcomes Sendi Young as European Managing Director

30 Jun 2021 2 minute read 0 comments FxCryptoNews

Ripple, a leading provider of blockchain and crypto solutions for cross-border payment companies, today announced the appointment of Sendi Young as General Manager of its European business. As the company expands rapidly, Sendi will oversee the strat...

African Crypto Exchange, Quidax raises 7,772 BNB on worst day of Crypto in less than 48 hours

21 May 2021 1 minute read 0 comments FxCryptoNews

On what could be tagged as the worst day of crypto this year, African-founded exchange, Quidax, raised over 7,772 BNB from the public sale of its token, QDX. The crypto market suffered its first major dip in 2021 on Thursday, May 19, 2021, with Bitco...

Africa’s First Government backed NFT Initiative, AFEN Partners with Quidax

3 May 2021 1 minute read 0 comments FxCryptoNews

Lagos — May 3, 2021 — Africa's first government-backed NFT initiative, AFEN on Friday announced a partnership with cryptocurrency exchange, Quidax. AFEN which aims to be a leading hub for African Blockchain stated the partnership is strategic and wou...

Uniswap daily transaction fees exceed Bitcoin’s for the first time

29 Mar 2021 1 minute read 1 comment FxCryptoNews

Popular decentralized exchange Uniswap has surpassed Bitcoin in daily transaction fees generated on the platform. This is the first time that it will surpass bitcoin in this metric and shows the growing problems of gas fees on the Ethereum network. ...

XRP now cross-chain compatible with Wanchain and Ethereum testnet

29 Mar 2021 1 minute read 0 comments FxCryptoNews

XRP the native token of leading cross-border blockchain platform Ripple is now cross-chain compatible with Wanchain and Ethereum testnet. The Wanchain team revealed this development on March 29 on twitter and further explained it in a medium post.  A...