• United States

    Seed CX exchange wins New York BitLicense

    The digital asset exchange focuses on institutional investors, not the retail clients fueling the current cryptocurrency boom

    SeedCX, a cryptocurrency exchange for large institutional investors, announced on July 15 that it has received a pair of virtual currency BitLicenses from the New York Department of Financial Services.

  • SafePal's hardware wallet (photo by Brendan Sullivan for Modern Consensus).
    Technology

    We tried SafePal crypto wallet and here’s what we think

    We are going to hear a lot more about crypto security in the coming years as Facebook’s Libra gets your mom into crypto. But if your mother can fall for one of those Facebook scams, she can easily lose her Facebook piggy bank. So we’re going to walk you through the SafePal crypto wallet and see if it’s something your mom can use.

  • If SWIFT had a storefront in Ukraine, this would be their shingle (via Shutterstock).
    Ripple,  Technology

    Money transmitter SWIFT adds cryptocurrency capability with R3’s Corda

    The current bank transaction intermediary is playing catch-up with the speed, but not cost, of blockchain

    Bank transaction intermediary SWIFT announced on June 24 that if its current proof-of-concept test is successful, it will incorporate R3’s Corda enterprise distributed ledger technology (DLT) into its new high-speed payment confirmation platform, Global Payments Innovation (gpi).