This German Fintech Startup Will Let You Hold Bitcoin in Your Bank Account

German blockchain banking service Bitwala is set to launch the first-ever platform that will enable the management of both euro deposits and bitcoin funds within the same bank account. This system is planned to kick off by November with an estimated 30,000 customers who have already signed up for the service. The biggest initial investor The post This German Fintech Startup Will Let You Hold Bitcoin in Your Bank Account appeared first on CCN

Read More

1 in 3 Germans See Cryptocurrency as an Investment Opportunity: Bank Report

German retail bank Postbank has reported that according to a recent survey, 29% of Germans believe that cryptocurrency is a desirable investment opportunity. The results from Postbank Digital Study 2018 were announced after 3,100 Germans were interviewed from the end of February to the end of March this year. One in two of the younger The post 1 in 3 Germans See Cryptocurrency as an Investment Opportunity: Bank Report appeared first on CCN

Read More

German Online Bank Dismisses Swift, Favors Bitcoin for International Money Lending

Bitbond, an online bank founded in Germany in 2013 by German Radoslav Albrecht, has found an innovative use case for bitcoin’s borderless nature: international loan payments. It was the first to use bitcoin to transfer credit in currency internationally, not only as loan collateral, and it’s currently processing about $1 million in loan payments per month. The post German Online Bank Dismisses Swift, Favors Bitcoin for International Money Lending appeared first on CCN

Read More

‘Over and Out’: $50 Million Savedroid ICO Makes Apparent Exit Scam

The founders of cryptocurrency startup Savedroid appear to have exit-scammed investors following the conclusion of its initial coin offering (ICO). On Wednesday, the website for the German company unexpectedly went offline and has since been replaced by a single image — the “Aannd It’s Gone” meme, which first originated on South Park. And in case The post ‘Over and Out’: $50 Million Savedroid ICO Makes Apparent Exit Scam appeared first on CCN

Read More