Financial services company MoneyGram International Inc. announced on Monday that a provider of leading enterprise blockchain solutions for global payments Ripple Labs, completed its final $20 million investment in MoneyGram equity consistent to its primarily $50 million equity investment commitment that the company made earlier this year.The price of share Ripple paid was $4.10 that seems to be pretty much higher than MoneyGram’s current price on the market. As per the announcement, the...
Read More »International Stardom Made Possible with Fight to Fame
Reality shows have always given the average person the idea and the chance that anybody can be a star.And while that’s true, not everybody is fortunate to actually have a smooth road to stardom – some won’t even get to travel down that road. Luck just isn’t on everybody’s side and that’s quite a hard pill to swallow.But one reality show chooses to challenge that status quo. Fight to Fame is an up-and-coming reality show that will help propel the careers of the qualifiers and will also give...
Read More »Binance Launchpad Platform Announces Troy Trade IEO
Binance yet again greets us as “Binancians” and announces a new project called Troy (TROY) on its Binance Launchpad platform. If you have ever participated in a lottery format token sales, then you already know how it is, but if not, let us explain. Binance already started recording user balances on November 3, 2019. Generally, Binance will record user BNB balances until December 3, 2019 (for a whole month), and the final BNB balance will determine the average BNB amount in the user account,...
Read More »#758 Ripple Moneygram Anteile, Neue Sibirische BTC Mining Farm & Booking.com mit Krypto zahlen
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 758. Heute sprechen wir über folgende Themen: Ripple erwirbt weitere Moneygram-Anteile, Neue sibirische Bitcoin-Mining-Farm & Travala Krypto-Bezahlung für alle Booking.com Hotels 1.) Ripple erwirbt weitere Moneygram-Anteile für 20 Millionen US-Dollarhttps://www.btc-echo.de/ripple-erwirbt-weitere-moneygram-anteile-fuer-20-millionen-us-dollar/ 2.) Neue sibirische Bitcoin-Mining-Farm ist die größte in...
Read More »Vitalik Buterin Highlights Achievements and Fails of the Cryptocurrency Industry
Vitalik Buterin, co-founder of Ethereum, divided the problems into three major categories. The first one is the cryptography related stuff that hasn’t been solved. Despite the industry’s rush to achieve new levels of privacy and scalability, the most important goals are still in progress. The second one is consensus theory, which makes it easy to change and upgrade mining (Proof of Work) and staking (Proof of Stake) algorithms. And finally, Vitalik explains how incentives are essential in...
Read More »At Least 25,000 Chinese Blockchain Firms Attempted to Float Digital Assets
As far as the cryptocurrency and blockchain sector is concerned, China has recently shot to the forefront and has been making headlines for a few consecutive weeks. The most recent, however, is an official publication that outlines related projects in the country, with a specific focus on the more illicit ones. Written by a joint team of financial and technology bodies in the country, the “Bluebook of Blockchain” was released.The agencies – the People’s Bank of China (PBoC), the Chinese...
Read More »XRP’s Daily Transaction Volume Sets New Record, Surges above Bitcoin and Ethereum
Transaction volume is an important metric often considered to determine the growth and popularity of a blockchain ecosystem. This is a go-to metric that often determines user activity and interest for a particular blockchain system. Well, XRP is the show stealer at this moment as it has surpassed both Bitcoin and Ethereum in daily transaction volumes.Last Saturday, November 23, the XRP ledger daily transaction volume hit a massive figure of 4 million. This is the highest recorded volume for...
Read More »JPMorgan Puts Its Car Financing Subsidiary on Blockchain
American investment banking company JPMorgan seems to believe in a blockchain every day more and more. They revealed that through the blockchain they want to keep track of the automobile register it finances for car dealers – and stop them from guaranteeing the same cars for different loans.The bank’s wholesale car financing subsidiary has therefore filed a patent application that outlines a distributed ledger-based version of floorplan lending, a revolving line of credit that enables car...
Read More »Binance Is to Come Out as a Winner Because of Decentralization
Recently we wrote about how there were some media rumors about Binance having shutdown its Shanghai following a police raid. It was then reported that Binance has relocated its 100-member Shanghai team to other offices in Singapore.However, shortly after, we reported of Binance spokesperson refuting all the claims and media reports saying that any police raid on Binance’s Shanghai office actually did not happen.Nevertheless, the story needs its closure, but also, an explanation, at least if...
Read More »Bitcoin Price Fall Below $7,000 as Cryptocurrency and Traditional Markets Follow Suit
Investment apathy in global cryptocurrency markets and also traditional markets deepened over the weekend as Bitcoin price which has been sliding in recent times slipped below the normal psychological $7,000 which everyone within the crypto space has been looking forward towards as a support for one last rally towards the end of this year. Apart from Bitcoin, all other cryptocurrencies are also down as well indicating a market malaise which hasn’t occurred in quite a bit.Ethereum lost almost...
Read More »