
Digital bank WB21 allows bitcoin deposits via BitPay
Jun 15, 2016 06:30 am UTC| Digital Currency
WB21 has announced that it has become the first digital bank to accept bitcoin deposits, allowing customers to use the digital currency to transfer and deposit funds to their checking accounts. This implies that WB21s...
Global Advisors acquires XBT Provider, trading of bitcoin certificates resumes
Jun 15, 2016 05:45 am UTC| Digital Currency
XBT Provider, the operator of Bitcoin Tracker One and Bitcoin Tracker EUR, has announced it has been acquired by Global Advisors, adding that the trading of its exchange traded certificates (ETCs) resumed on Tuesday at...
German insurer tests blockchain technology for catastrophe bond trading
Jun 15, 2016 05:45 am UTC| Digital Currency
Allianz, an international insurer based in Europe, joined forces with Nephila Capital, a Bermuda-based investment manager, to test blockchain technology in a natural catastrophe swap transaction. According to Reuters,...
Indian P2P platforms look into blockchain technology
Jun 14, 2016 14:17 pm UTC| Digital Currency
India-based peer-to-peer (P2P) lending firms Faircent, Micrograam and i-lend are exploring the potential of implementing blockchain technology into their systems in order to improve transparency...
LME explores potential blockchain applications
Jun 14, 2016 12:35 pm UTC| Digital Currency
London Metal Exchange (LME) said on Tuesday that it is exploring possible use cases of blockchain technology, during an industry event in Hong Kong. Accordingto Reuters, LMEchief executive Garry Jones said that they are...

LTC/EUR retreats after making a high of 4.81, slight dip till 4 is possible
Jun 14, 2016 12:33 pm UTC| Digital Currency
LTC/EUR is seen trading in the red on Tuesday. The pair has retreated till 4.50 after making a high of 4.81 levels (BTCE). It is currently trading around 4.61 at the time of writing. Slight dip till 4 is...

LTC/USD weakens, slight drop to 4.50 likely
Jun 14, 2016 12:25 pm UTC| Digital Currency
Mirroring Bitcoins price movement, LTC/USD is also trading in the red on Tuesday. The pair hit a high of 5.35 levels on Monday, but failed to hold this level and closed at 5.14 levels. It opened at 5.13 levels on...