Paxos Trust Company recently introduced new solutions that businesses can utilize to bridge between traditional and digital assets. Binance, a global cryptocurrency exchange and blockchain ecosystem, will be the first to integrate its new Fiat Gateway solution.
Messaging service Kik launched a cryptocurrency called Kin through a near-$100 million initial coin offering (ICO) last September, and now its Kin Ecosystem Foundation will give as many as 25 developers up to $3 million in Kin to bolster the cryptocurrency's ecosystem as part of a new program.
Google joined Apple with a ban of on-device cryptocurrency mining apps from Google Play. Apple made its decision in June of this year. Both companies will continue to allow remote mining. As cryptocrime continues to accelerate, and mining is resource intensive, the decisions weren't surprising.