Crypto news

Last Friday, October 18, blockchain startup Ripple has released the Q3 performance number for XRP cryptocurrency. Despite being the third-largest cryptocurrency by market cap, XRP’s performance has failed to impress investors. Q3 was no different as the XRP price slipped to its 2019-low below $0.25 by September end.As we know that since the launch of XRP in 2012 Ripple has been given some portion of the 100 billion XRP tokens created. Each year, the company engages for some token sale in the...

The world’s first and only cryptocurrency exchange with the Any2Any technology has successfully completed beta testing of the third version of the quantum trading core with a built-in liquidity flow that will completely change the notion of exchange trading.Surprisingly, all modern exchanges, like hundreds of years ago, still use fixed trading pairs, which are in no way connected at the level of the trading core and the order matching system. Each orderbook only contains orders placed in a...

Bitmain, the Chinese manufacturer of computing chips and cryptocurrency mining equipment, has just launched a 50MW facility for crypto mining in Texas’ Rockdale city. The facility was erected in conjunction with DMG Blockchain Solutions, a Canadian firm, as well as the Rockdale Municipal Development District (MDD).According to an official Bitmain publication, construction of the facility began last year, after the company announced that it would erect the biggest cryptocurrency mining farm in...

On Saturday HTC launched a wallet-friendly version of its blockchain smartphone, versioned the Exodus 1s. The new phone comes in at a little under $250 (€219) and customers can buy it either with fiat or crypto. Its real selling point? Run your own full bitcoin node on the go. Verify your own transactions on the new HTC Exodus 1s | Source: htcexodus.comThe Taiwanese company launched big brother a year ago and initially tried to entice blockchain fans by pricing it in Bitcoin. It...

Justin Sun who is the founder and CEO of Tron (TRX) has dismissed rumors and allegations that he is behind the investment group that acquired the premier cryptocurrency exchange group Poloniex. He indicated this in a tweet on October 19th and categorically stated that he is “not buying anything”.I'm not buying anything. Just invest some and help out my friends. Actually I have a huge bag of $BNB, $HT, $OKB etc and bet on all exchanges that support $TRX & $BTT. ?— Justin Sun...

Xiaomi, one of the world’s biggest smartphone producers, has just revealed through its CEO that it plans to take full advantage of 5G technology, and release more than 10 supported phones before the end of 2020. The Chinese phone giant has already released a few 5G phones this year and plans to do more.Per a Reuters report, the CEO Lei Jun, has also noted that 5G technology for the phone giant will not be restricted to its high end phones. The new group of products that will be launched with...

Social media giant Facebook has been facing severe regulatory troubles for launching its Libra cryptocurrency. Last week, even big giants like Mastercard, Visa, PayPal, Stripe, who were earlier part of the Libra Association, announced their withdrawal from the project.Facebook is now working out other ways to keep its Libra project alive. As reported by Reuters, Facebook proposed using fiat-pegged digital stablecoins for its project. It means that instead of directly pegging the Libra token...

Ex-NBA star Isaac Austin has been accused of swindling a Ghanaian firm nearly one million dollars in a Bitcoin Scam. According to GhanaWeb, the former NBA player lured victims into investing their Bitcoin in an automated cryptocurrency trading program run by his firm, Isaac Edward Austin and Tudor Trust. On Austin’s LinkedIn page the ex-basketball player is listed as a trustee of the firm. Source: LinkedInHis Twitter account, however, makes no such mention. Ghanaian firm loses 75 Bitcoin...

In what seems to be a continuing series of woes for Telegram and its TON blockchain, the United States District Court for the Southern District of New York has decided to postpone the hearing that will determine if the Grams token is a security or not to the 18th and 19th of February 2020.Though the company was doing its best to make its token publicly available, the United States Securities and Exchange Commission (SEC) made a couple of moves by dragging the messaging app to court on...

Bitfinex, the cryptocurrency exchange which has been enmeshed in a legal tussle for a while now, has filed an application with the US Court in the Central District of Southern California, through its parent company, iFinex Inc. Filed on the 18th of October 2019, Bitfinex wants the Court, through a subpoena, to help recover more than $850 million that has been unreachable by the exchange because of supposed problems being faced by the company’s payment processor Global Trade Solutions AG,...