WeChat Eyes Blockchain for Faster Refunds of Company Expenses
WeChat owner Tencent thinks blockchain can speed up reimbursement of expenses for company employees and it’s trialing a feature to do just that.
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Police in Spain Say Bitcoin ATMs Expose Problems in Europe’s AML Laws
news Law enforcement officials in Spain are arguing that a recent effort to break up a criminal organization — which utilized bitcoin ATMs — has exposed a gap in European anti-money laundering statutes An international case led by Europol and Spain’s Civil Guard earlier this year uncovered the regulatory loopholes in crypto-related crimes in new…

Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading
Cryptocurrencies sold off once again early in the U.S. trading session on Wednesday with bitcoin (BTC) diving below $56,000. BTC climbed during the Asian and European trading hours from a low of $56,000 after last night's U.S. presidential debate between Kamala Harris and Donald Trump, briefly topping $57,000 following the U.S. CPI inflation report. The

Colombia’s Central Bank Partners with Ripple to Explore Blockchain Use Cases
Colombia's central bank, Banco de la República, has partnered with blockchain firm Ripple to explore the use of blockchain technology.According to Ripple, Banco de la República, in conjunction with the Ministry for the Information and Communications Technologies (MinTIC), will pilot Ripple's CBDC platform to improve its high-value payments system. The initiative is part of a…

DOGE and NEAR Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI)This week's performance of the CoinDesk 20 was mixed as 8 of the 20 index members closed higher yesterday compared with last Friday’s close. There was a

Watch Facebook’s Libra Videos: An Inside Look At the Calibra Wallet
news Facebook’s Libra cryptocurrency has captured the imaginations of experienced blockchainers but how can you explain it to people who don’t know much about technology? Thankfully, Facebook posted a few easy-to-follow videos about the Libra ecosystem and even the new Calibra wallet. First up we see a short demo of the Calibra app running on…

Binance Adds Support for Fee-Free P2P Trading With Russian Rubles
Feb 11, 2020 at 12:45 UTCBinance's peer-to-peer trading facility has added support for the Russian ruble as the exchange continues to build out its business in the major market.The Malta-based cryptocurrency exchange announced Tuesday that users would be able to trade rubles directly with bitcoin (BTC), ether (ETH), tether (USDT) and binance coin (BNB) without…

Ether, XRP Rise to 1-Month Highs While Bitcoin Falls
news Demand for alternative cryptocurrencies has seen their performance rise over the last 24 hours despite bitcoin’s (BTC) failure to take another leg up. It raises the question as to whether the “alt season”, a period where alternative crypto sees considerable growth regardless of BTC’s performance, is finally here. Ether (ETH) and XRP (XRP) rose…

NFT Project Pudgy Penguins Raises $9M
Brandy covers crypto-related venture capital deals for CoinDesk. Non-fungible token (NFT) collection Pudgy Penguins has announced the completion of its $9 million seed funding round led by 1kx. The company plans to use the new capital to scale its intellectual property and team.The funding round comes over a year after the Pudgy Penguins project voted…