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Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC
Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).
Insurance Firms in China and Hong Kong Count on Blockchain to Fast Track Coronavirus Claims Amid Outbreak
Xiang Hu Bao, an online mutual aid platform, a subsidiary of Ant Financial, is a “collective claims-sharing mechanism built on blockchain that offers basic health plans to its 104 million participants.” Most of its users are Chinese citizens from lower-tier cities, and in rural areas. By utilizing blockchain technology, settlements have been made more efficient, and fraudulent claims have been reduced.
Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027
Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.
Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High
Uniswap recently launched its own governance token UNI, and since its launch, Ethereum’s transaction fees have reached new highs.
Unclear Crypto Regulations in South Africa Alarm Entrepreneurs
Cryptocurrency regulation is still largely unclear in South Africa, creating a strenuous business environment for crypto entrepreneurs.
PayPal CEO: "The Time is Now" For Bitcoin To Go Mainstream
PayPal CEO Dan Schulman believes the time for cryptocurrencies like Bitcoin to go mainstream is here, he is bullish on the future potential of digital currency,
Integration of Credit Card with Digital Currencies, Bringing Crypto from Hype to Mainstream
Financial giants MasterCard and Visa are expanding at a fast pace and beginning to explore Bitcoin and other cryptocurrencies.
Australian Securities Exchange Partners with VMware to Go Blockchain in 2021
A recent press release shows a new agreement with the NYSE listed companies namely VMware and Digital Asset holding and the ASX for the replacement of the CHESS system by 2021.
Anticipation for Cardano’s Mary Upgrade Grows as It Is Hours from Launching – Here’s What You Need to Know
Cardano’s blockchain upgrade, dubbed Mary, is set to go live today at 21:44 UTC.
DeFi Growth Could be Hindered if US Regulators Go After Decentralized Exchanges
Recently many DeFi tokens have plunged drastically in the past few weeks, with Uniswap’s UNI token and Yearn.finance (YFI) plunging over 38 percent.
Veteran Trader Peter Brandt Warns Bitcoin Can Go Below $1000
After the roller coaster ride of Bitcoin early this morning, veteran market trader Peter Brandt comes out with a bold statement saying that Bitcoin price may go even down to as low as $1000.
Bitcoin Transaction Fees Soar After Block Reward Halving
Bitcoin transaction fees continue to soar after halving.
