Bitcoin-Friendly Square Cash is Now More Popular Than Venmo

Data from app research firm Sensor Tower and Nomura Instinet have revealed that cumulative downloads of Square’s Cash App have surpassed that of its rival, Paypal’s Venmo, per a Bloomberg report. Square’s Cash App now has a cumulative total download of 33.5 million, which exceeds Venmo’s 32.9 million for the …

Capital One Wants to Authenticate Users on a Blockchain

Blockchain adoption continues to rise in the banking sector, with the news that Capital One has applied for a patent to potentially develop a blockchain system that authenticates new users in a secure manner. Capital One is a bank holding company specializing in credit cards and bank loans, making security …

110-Year-Old UPS Eyes Blockchain to Streamline Delivery Logistics

Century-old delivery giant United Parcel Service (UPS) believes that blockchain technology could help streamline package delivery logistics across a global supply chain. According to documents published by the US Patent & Trademark Office (USPTO) on Thursday, the Georgia-based UPS has applied for a patent that utilizes blockchain and distributed ledger …

Airbnb Co-Founder Backs $23 Million Funding Round for Institutional Cryptocurrency Dealer

Institutional-grade cryptocurrency prime dealer SFOX has raised nearly $23 million to fund the development of full-featured asset management platform for large-scale cryptocurrency investors. Announced on Thursday, SFOX’s $22.7 million Series A funding round was led by Tribe Capital and Social Capital, and it also included investments from Y Combinator, Khosla …

Cryptocurrency Startup Swarm Is Selling Tokens Backed by Robinhood Shares

Cryptocurrency startup Swarm has an ambitious plan to democratize venture capital, and it has today taken a major step toward that goal by listing tokens that allow investors to purchase fractional shares in privately-owned fintech darling Robinhood. No, Robinhood, a wildly-popular commission-free stock trading app that recently earned a $5.6 …

‘Rich Dad, Poor Dad’ Author Is Bullish on Bitcoin, Says USD Is a Scam

Robert Kiyosaki, the author of the famous financial self-help book Rich Dad, Poor Dad, has described the US dollar as a scam, declaring that bitcoin and other cryptocurrencies are “currencies of the people” that will outlive fiat currency. ‘The Dollar is Toast’ Speaking with Kim Hughes on the Sane Crypto …

Weiss Ratings Sees Ripple’s XRP as the Ideal Base Cryptocurrency for Binance

Weiss Ratings, an independent rating firm for stocks, mutual funds, cryptocurrencies, ETFs and financial institutions, stated last week that it believes Ripple’s XRP is the fastest cryptocurrency for transferring funds between exchanges, and the ideal base currency for Binance, the world’s most popular exchange. If Binance were to make the …

How XRP Could Improve The Football Transfer Window

Yesterday, saw the first close of the ‘football transfer window’ in England. The window is still open across Europe but due to differing regulations, some countries will lose access to those before others. What is the transfer window? If you’re not familiar, twice a year professional football associations allow teams …

NEO Blockchain-Based Game ‘CryptoGladiator’ Launches August 13

CryptoGladiator, a collectibles game created by NewEconoLabs and built on the NEO (NEO) blockchain, will officially launch on August 13. According to the announcement, CryptoGladiator combines blockchain technology with traditional game elements by allowing users to purchase, collect, and upgrade gladiators for arena competition. Given that the game is built …

US: Chair of House Judiciary Committee Discloses Ownership of Cryptocurrency

The chair of the Judiciary Committee of the U.S. House of Representatives may be the first member of Congress to disclose that he owns cryptocurrency, Sludge reports Aug. 6. Congressman Bob Goodlatte (R-VA) reported that he owns between $17,000 and $80,000 in digital currency in his annual Financial Disclosure Statement. …