Mastercard, R3 to Launch Cross-Border Blockchain Payments System for Banks

 Mastercard is developing a blockchain-powered cross-border payments platform as part of its strategic partnership with R3.   The new platform hopes to help tackle industry issues such as costly payment processing, liquidity management and a paucity of standardization and connectivity between banks and domestic clearing systems. The strategic partnership aims to bring blockchain-enabled payments to businesses across the globe. Industry experts comment on this new development:-   Filipe Castro, Co-Founder, and CIO at UTRUST, the cryptocurrency payment solution offering instant transactions, said:   This partnership demonstrates Mastercard’s intent to leverage…

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Study Finds 3 in 4  Irish People Would Not Consider A Career in Blockchain

Despite European spend on blockchain set to soar to €3.5 billion in the next five years, a lack of understanding of how the technology works is holding Irish people back from pursuing  a career in blockchain   Dublin, Ireland — November 15, 2018 — As Ireland cements its status as a leading European technology hub, new research has found that 75% of the Irish population would not consider a career in blockchain technology. Despite financial service behemoths such as Deloitte and Mastercard announcing blockchain-related jobs in Dublin over the past…

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Dash Enhances User Experience with Uphold Integration into Dash Wallet

  Integration will allow Dash Wallet users to buy and sell Dash directly from the wallet with Visa and Mastercard, or directly from a bank account in the United States and European Union   Las Vegas, NV — October 23, 2018 — Dash, the leading cryptocurrency for payments and e-commerce, has announced that Uphold, the leading digital money platform, has been integrated into the Dash Wallet. The integration will enable Dash Wallet users to onboard an Uphold account and instantly buy and sell Dash from the Dash Wallet itself, meaning…

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Bitcoin debit cards are making a comeback

  5 January 2018 was a dark day for Bitcoin adopters as Visa suspended their services to a large number of providers and since then crypto users have been searching for an alternative.   The good news:  – These cards are making a comeback and by the look of things they are here to stay.   WIREX Wirex recently launched a new card service through their UK subsidiary to customers in the European union and according to the company they are working on solutions to the rest of the world…

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Bitcoin and Cryptocurrency Price Predictions

Bitcoin price predictions – short-term or long-term, we all would love to know where the Bitcoin price and cryptocurrency prices, in general, are headed. Many Bitcoiners are bullish while some onlookers are less optimistic. NOTE: This article is updated continuously with new predictions and insight as to where the Bitcoin price is headed.   How I turned $32K into $ 1.2 Million and then crashed back to ZERO     Why Crypto Winter won’t Be 2019’s defining story says Eric Piscini What do I expect to see in 2019? Given…

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Frick Bank of Liechtenstein encourages clients to Invest in Bitcoin

The Liechtenstein family bank is one of the first traditional banks to open up investment in cryptocurrency to their clients.   “Bank Frick is the first financial institution in Liechtenstein to offer the trading of five leading cryptocurrencies and secure safekeeping via offline storage. Trading takes place within the fully regulated framework of the Bank’s processes. The offering is aimed at professional market participants and financial intermediaries.” as per the website.   Bank Frick has committed to a high level of protection against loss of theft of the crypto-assets and…

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More Banking Woes For Bitcoin

JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. all announced a ban on purchases of Bitcoin and other cryptocurrencies on their credit cards.   JPMorgan, enacting the ban Saturday and Bank of America started declining credit card transactions with known crypto exchanges on Friday.   Full story: – https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards     This comes after Visa suspended a number of crypto prepaid cards in January without warning and a number of Bitcoin companies including Bitwala announced that their banking services were suspended.   Shortly after that payment processor…

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Shock Announcement – Bitwala and Cryptopay Card issuer WaveCrest Holdings Ltd immediately suspend Visa Debit Cards after instruction from Visa Europe

A shock announcement from Bitwala to their clients has been received.  The announcement went into effect immediately without delay.   Bitwala is a popular and growing blockchain banking service where many clients used Bitcoin to send & receive money, pay bills, and convert to load their VISA prepaid card.         The announcement states “Yesterday our Bitwala Card issuer WaveCrest Holdings Ltd received direction from Visa Europe to immediately suspend all Bitwala cards effective immediately. Unfortunately, neither Visa nor WaveCrest were able to provide us or you with more…

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