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News London-based decentralized communication startup New Vector has raised $8.5 million to drive adoption for Matrix, a major alternative messaging protocol. Slack rival Riot.IMThe Matrix protocol, which enables secure communication via end-to-end encrypted messaging applications such as Riot.IM,..
Analysis Many cryptocurrency analysts and industry representatives are predicting that the increasing integration of blockchain payments with messenger apps will comprise the catalyst for the next wave of mainstream distributed ledger technology (DLT) adoption. However, critics are warning that th..
Analysis Within the past 12 months, stablecoins have transformed from a niche idea to tackle the issues of a volatile market into methods of payment championed by some of the world’s biggest and most powerful tech companies. Facebook’s announcement that it would be supporting the launch of a rese..
The European Union is actively probing Facebook’s Libra digital currency project for competition law violations, mainstream media report.Facebook’s Libra Has ‘Potential Anti-Competitive Behavior’ According to Bloomberg, which cited official correspondence August 20, the European Commission is qui..
News Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia. Reuters reported that they had learned of this development from anonymous sources on Aug. 20. Ac..
The popular instant messaging platform now allows its users to transfer Bitcoin and Litecoin via a new bot, ahead of Facebook that also eyes WhatsApp audience for the use of its stablecoin The area of crypto transactions is getting wider as the ‘crypto winter’ remains in the past. Now, more platfor..