Global Payment Sector to Reach $2.7 Trillion in Value by 2023, with Blockchain or DLT Increasingly Being Used by Cross-Border Payment Solutions: Report

August 7, 2020 @ 8:21 am By Omar Faridi |

The global payment industry and ecosystem has been growing steadily. The sector is projected to be valued at $2.7 trillion by 2023. Some of the challenges faced by the payment industry include high transaction fees, inefficient cross-border transactions, poor or lack of interoperability between different… Read More

Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged cross-border payments, cross-border transfers, crypto payments, crypto-assets, crypto.com, digital assets, digital payments, digital transactions, international payments, International Transactions, ripple, stellar, virtual payments, xlm, xrp

Monero (XMR), Zcash (ZEC), Stellar (XLM) to be Delisted by Liquid Exchange so it can Prepare to Acquire Payment Services License in Singapore

July 26, 2020 @ 1:18 pm By Omar Faridi |

The Electric Coin Company (ECC), which supports the development of Zcash (ZEC), a privacy-oriented cryptocurrency, recently revealed that Liquid will be delisting ZEC along with 28 other digital currencies or tokens because the Japanese crypto trading platform is planning to apply for a license to… Read More

Read more in: Asia, Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged aml, anti money laundering, cft, compliance, ecc, electric coin company, japan, liquid exchange, monero, payment services act, privacy, privacy coin, singapore, stellar, xlm, XMR, zcash, zec

Samsung Added Support for Stellar (XLM) Cryptocurrency to its Blockchain Keystore, Allows Millions of Users to Access the Digital Asset

July 19, 2020 @ 4:01 pm By Omar Faridi |

The Stellar Development Foundation (SDF), a non-profit entity established in 2014 to support the development and growth of the open-source Stellar (XLM) protocol, recently announced that Samsung added support for the XLM digital currency to its Samsung Blockchain Keystore. XLM (or “lumens”) is now available… Read More

Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged cold storage, cross-border payments, crypto-assets, digital assets, distributed ledger technology, dlt, keystore, mobile apps, mobile devices, offline storage, private keys, samsung blockchain keystore, satoshi pay, satoshipay, smartphones, stellar, xlm

Here’s Why Ethereum, Tezos, Stellar, Chainlink are Not Yet Legitimate Bitcoin (BTC) Investment Alternatives

June 30, 2020 @ 4:17 pm By Omar Faridi |

Feyyaz Alingan, the Founder of Blue Alpine Research, a Switzerland-based research firm focused on digital assets, has pointed out several “alternatives” to Bitcoin (BTC). Alingan, an electrical engineering graduate from ETH Zürich, says that Ethereum (ETH) may be considered a Bitcoin alternative. He notes that Ethereum’s… Read More

Read more in: Blockchain & Digital Assets, Featured Headlines, Fintech, Global, Opinion | Tagged 0x, bitcoin, bitcoin investments, btc, chainlink, crypto investments, distributed ledger technology, dlt, eos, eth, ethereum, link, portfolio diversification, staking, stellar, tezos, xlm, xtz, zrx

Facebook’s Libra Stablecoin Project, Ethereum (ETH), Near, Bitcoin Cash are Currently Most Active Development Projects: Report

June 14, 2020 @ 4:40 pm By Omar Faridi |

The controversial Facebook-led Libra project is reportedly the most active project in terms of developer activity, according to CoinCodeCap data. There are 41 active developers working on Libra, meanwhile, Ethereum (ETH), the world’s largest smart contract platform, has 36 active developers, the data site… Read More

Read more in: Blockchain & Digital Assets, Global | Tagged algorand, Blockchain Development, cardano, coincodecap, dai, defi, distributed ledger technology, dlt, eth, ethereum, facebook, filecoin, Insolar, libra, stablecoins, stellar, xlm

Crypto Rating Council Argues that XRP, Tron (TRX), and Polkadot’s DOT Token Might Potentially be Classified as Securities

June 3, 2020 @ 9:39 am By Omar Faridi |

The Crypto Rating Council (CRC) has previously noted that Tron’s TRX, Nervos’ CKB token, and Polkadot’s DOT token might potentially be classified as financial securities, or at least there’s a fair chance they could. The CRC’s initial report on these digital assets was released in… Read More

Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged bittrex, circle, coinbase, crc, crypto rating council, crypto-assets, digital assets, eos, kraken, nervos, polkadot, stellar, usdc, xlm, xrp

London’s Micropayments Fintech SatoshiPay Acquires $550,000 Investment in XLM Cryptocurrency from Stellar Development Foundation

May 31, 2020 @ 5:32 pm By Omar Faridi |

London-based SatoshiPay, a Fintech firm that aims to provide fast and affordable payment solutions, has teamed up with the San Francisco-headquartered Stellar Development Foundation (SDF). According to a release, SatoshiPay has received a $550,000 investment from SDF’s Enterprise Fund. The funds will be used to… Read More

Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged b2b payments, b2b transactions, berlin, commercial payments, crypto payments, denelle dixon, digital payments, distributed ledger technology, dlt, europe, financial inclusion, instant payments, international payments, london, meinhard benn, micropayments, online payments, satoshipay, sdf, stellar, stellar development foundation, stellar lumens, uk, united kingdom, xlm

Bangkok-based Lightnet, a Stellar Blockchain-enabled Platform, Secures $31.2 Million via Series A Round

January 12, 2020 @ 6:09 pm By Omar Faridi |

Thailand-based Lightnet, a Stellar blockchain-enabled platform, has reportedly secured $31.2 million in funding in order to further develop its international payments service in the Southeast Asia region. The Bangkok-based company has finalized a Series A investment round that was led by established Asian financial conglomerates,… Read More

Read more in: Asia, Blockchain & Digital Assets, Fintech | Tagged banking, chatchaval jiaravanon, International Transactions, investment round, lightnet, payments, stellar, stellar blockchain, stellar lumens, suvicha sudchai, thailand, underbanked, xlm

Digital Investment Bank wevest Goes with Stellar Blockchain for Security Tokens

April 22, 2019 @ 8:22 am By JD Alois |

Digital investment bank wevest has announced it has selected Stellar as its preferred iteration of blockchain for issuance of security tokens. In a blog post, the Berlin-based Fintech stated: “After extensive diligence and testing, wevest has identified Stellar as the most suitable platform for its… Read More

Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged banking, germany, lumens, stellar, wevest, xlm

Coinbase Announces Stellar Lumens (XLM) Launch on Coinbase Pro

March 18, 2019 @ 8:03 am By Samantha Hurst |

Cryptocurrency exchange Coinbase announced last week it would be launching Stellar Lumens (XLM) on its Coinbase Pro platform. According to Coinbase, support for XLM will be immediately available in Coinbase’s supported jurisdictions, with the exception of New York State, with additional jurisdictions may be added… Read More

Read more in: Blockchain & Digital Assets | Tagged coinbase, cryptocurrency, digital currency, stellar lumens, xlm

Gibraltar Blockchain Exchange Lists Stellar for Trading

January 30, 2019 @ 8:07 am By JD Alois |

The Gibraltar Blockchain Exchange (GBX) continues to add new digital assets for trading on its regulated and insured token sale platform. Today GBX has announced the addition of Stellar Lumens (XLM) to its Digital Asset Exchange (GBX-DAX). GBX is part of the Gibraltar Stock Exchange… Read More

Read more in: Blockchain & Digital Assets, Global, Investment Platforms and Marketplaces, Offerings | Tagged boris reznnikov, gibraltar blockchain exchange, lumens, peter howitt, ramparts, stellar, xlm

Data is the New Oil: Mobius CEO David Gobaud Discusses Stellar, Record-Breaking ICO and More

February 14, 2018 @ 7:30 am By Erin Hobey |

Mobius, described as a “turn-key blockchain-enabling platform” using patent-pending technology, offers a range of products, including a free, universal API that allows non-blockchain developers to connect resources to smart contracts and the blockchain ecosystem. Existing web properties, apps, devices and data streams can utilize the… Read More

Read more in: Blockchain & Digital Assets, Featured Headlines, Offerings | Tagged angel chain capital, camp one ventures, chandler guo, david gobaud, ethereum, jackson palme, jed mccaleb, mobi, mobius, mobius decentralized data marketplace, mobius psop, ripple, stellar, stellarterm, turing, waltonchain, xlm, yc s17