The global crypto market may have tanked last year, but notable names have joined forces to develop Bitcoin and blockchain financial services in Japan, which has emerged as one of the world’s most crypto-friendly markets. Blockstream, a blockchain startup founded by Bitcoin contributors, announced this week that it has launched a joint venture in Japan […]
View More Digital Garage teams up with Blockstream to develop blockchain financial services in JapanCategory: stablecoin
Facebook is building a cryptocurrency to be used in WhatsApp, report says
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Facebook is working on a cryptocurrency that will let users of WhatsApp — the messaging service that the social network giant acquired in 2014 — send and receive money, Bloomberg reported Friday, citing people familiar with the matter.
The initial focus of this effort would be the remittances market in India, the report says, and the cryptocurrency would be a stablecoin — a special type of cryptocoin which has its value pegged to some real world asset, such as the U.S. dollar.
According to the report, this stablecoin might not launch for quite some time, as Facebook hasn’t yet decided on key aspects, including the currency or currencies the stablecoin would be pegged to. Read more…
More about Facebook, Whatsapp, Blockchain, Cryptocurrency, and Stablecoin
Coinbase and others invest $12.75M in project to create ‘digital security offerings’
Coinbase, the $8 billion crypto exchange giant, is one of a bevy of big-name crypto investors backing a project aimed to revolutionize the U.S. securities industry using blockchain technology. Brian Armstrong, Coinbase CEO, told the audience at TechCrunch’s Disrupt event in San Francisco this past September that his company intends to be the de facto marketplace […]
View More Coinbase and others invest $12.75M in project to create ‘digital security offerings’