Cryptocurrency News

On December 17, Western Union Global Money Transfer, a company specializing in providing money intermediary services, announced its readiness to work with cryptocurrencies to facilitate international payments. Odilon Almeida, president of Western Union Global Money Transfer, said that Western Union is ready to make maximum use of blockchain technology and cryptocurrencies in its operations...

Israel's largest financial services company, GMT, has joined the Ripple network. Founded in 2001, GMT has 250 branches in Israel alone, specializing in money transfers, medical insurance for tourists and foreign workers, currency exchange, prepaid card issuance, and other financial services...

At the end of October, a software update of the Zcash cryptocurrency network took place. The developers implemented new transaction-processing algorithms, which made it possible to significantly increase their speed and security. However, according to statements by analysts of the BL Blockspur service, which tracks the activity of users of the Zcash and Zcash Classic platforms...

The application being developed will make it possible to use bidirectional payment channels in the Bitcoin Cash (BCH) network. The start of the development process for the new feature was announced by Chris Pacia, who published a post on the Medium portal, where he shared some details of the development...

The struggle between the long-established digital silver Litecoin and the larger-block Bitcoin fork Bitcoin Cash began the moment Bitcoin Cash appeared - in August of last year. These coins are similar in many things: their block size is larger than Bitcoin's, the purpose of their creation and their intended use is purely Keynesian, and they are also better suited for adoption in trade and other commerce...