Crypto news

According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk. XRP payments clear so fast that the exchange rate risk is negligible. The math busters over at Ripple have crunched the numbers and conducted a study that concludes that XRP is 10 times safer for making international payments – or as Team Ripple explains, one-tenth as volatile as fiat for cross-border transactions. Ripple’s...

China’s Vending Market & Industry Are Growing at a Breakneck Pace!In recent years, China’s vending machines have grown at 30% CAGR. It is predicted that by 2020, there will be 138 million vending machines in China, yearly selling up to 100 Billion Yuan of fast-moving consumer goods according to a report by Forward. Meanwhile, China has become the biggest vending machine manufacturer and exporter in the world, with Guangdong contributing most of the export volume.Preview of China VMF...

Premier blockchain conference BlockShow Asia, the DeFi developer framework Equilibrium, and the EOS-based decentralized stablecoin EOSDT will host the inaugural edition of its Crypto DeFiance event in Singapore on November 16.Crypto DeFiance will unite blockchain pioneers, dApp developers, cryptocurrency traders, and the global community of crypto enthusiasts for a day of keynote presentations, panel discussions, and wide-ranging exploration of decentralized finance topics. Attendees will...

Blockchain technology is predominantly associated with crypto. As a distributed ledger system, it is designed to ensure transactions are properly recorded and that there is solid, truthful evidence of money, assets or other property transferring from one party to the next.What Is the Power of Blockchain?What not a lot of people realize, however, is that blockchain has a lot of other uses that don’t necessarily apply to finance. Perhaps the big stickler is that blockchain can potentially serve...

Nearly one-third of Americans falsely believe that the US dollar is backed by gold, and 70% don’t know what is backing it. That’s just the tip of the iceberg when it comes to US financial illiteracy, however. A new study reveals just how little Americans know about how their money works. An eye-opening new study into financial literacy reveals just how little Americans know about the US dollar – or how the monetary system works at all. The study, sponsored by cryptocurrency firm...

Libra has been a hot topic of debate lately, and now, executives of both Ripple and Ethereum are adding their thoughts to the mix.Libra Is Still Having Some TroubleLibra is Facebook’s new stable cryptocurrency. Designed to be a global payment system, the currency can be utilized via social media to purchase goods and services. Unfortunately, at the center of the project is a serious trust issue – one that seems to be growing larger with each passing day.This is the sentiment of Ripple’s Brad...

The Nuclear Power Corporation of India has confirmed the discovery of malware on its network. According to a statement, the infection was found on a central computer that was not connected to the more sensitive internal systems. Cybersecurity experts have linked the harmful code to North Korea’s Lazarus Group. The hacker unit uses a spectrum of vector attacks to steal funds for the administration. Pukhraj Singh, a former researcher at India’s National Technical Research Organization...

China is moving quickly to ensure it’s ahead of the curb when it comes to blockchain innovation.China Is Pushing Its Blockchain Agenda ForwardThe country has recently implemented a new law that will promote blockchain as a means of heightening and expanding the nation’s infrastructure. The law will also permit the country to unveil its new digital yuan currency designed to compete with the likes of Libra.There is both a good side and a bad side to this situation. First off, the addition of a...

XRP saw a small increase of around 0.50% over the past week and it currently trades at $0.2935. The cryptocurrency struggles to break above the resistance at $0.30 and looks ready to roll-over and fall lower. Whilst the majority of the top-10 projects surged this week by between 13% and 30%, XRP lags behind after increasing by just 6%. Nevertheless, XRP remains the third-largest cryptocurrency with a market cap of $12.74 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD...

Binance Coin saw a slight increase of around 4% over the past 24 hours and it currently trades at $20.24. BNB managed to surge by a total of 20% this past week which caused it to break above the resistance at $20.Binance Coin remains the seventh-largest cryptocurrency with a market cap of $3.15 billion.Since our previous BNB analysis, the cryptocurrency continued to climb above the resistance at $18.85 and managed to break above the $20 level. BNB continued to rise until meeting resistance at...