Tomorrow, the business leaders and politicians from the globe are meeting at another session of the World Economic Forum (WEF), in Davos, Switzerland.This is the 50th anniversary of the event with a theme: “Stakeholders for a Cohesive and Sustainable World.” The annual economic gathering will run from January 21 until January 24.United Kindom Prime Minister Boris Johnson will not attend the World Economic Forum in Davos, Switzerland, Downing Street said on Monday. Johnson asserted that his...
Read More »BitPay Expands XRP Support: Users Can Buy Even Amazon Gift Cards with XRP
One of the most experienced companies in blockchain payments BitPay is expanding XRP support. Now XRP owners can use the currency to make purchases on all the retailers BitPay works with. Besides, they can buy gift cards even for Amazon with XRP.BitPay co-founder Tony Gallippi has already confirmed the positive news. According to Gallippi, users will enjoy XRP support starting next week.Run! $XRP added to @BitPay!Starting next week, gift cards can be purchased with $XRP -even for...
Read More »Ripple Spends $170,000 on Trump’s Staff to Shape Crypto Regulation in the U.S. in 2019
Ripple, the company widely associated with XRP cryptocurrency, spent $170,000 in the first nine months of 2019 on the American government to shape crypto regulation in the world’s economic powerhouse. This is known from the information published by the Center for Responsive Politics.Data sourced by the Washington D.C.-based non-profit organization from the Senate Office of Public Records reveal that the cryptocurrency firm used the money to lobby the Executive Office of President Donald...
Read More »Anchorage Is Launching Crypto Brokerage to Dig into Crypto Trading
Crypto services startup Anchorage has surprised institutional investors with good news. Firstly, Anchorage is launching crypto brokerage service Anchorage Trading that offers numerous features to its clients. Secondly, the company announced its first acquisition. Anchorage has purchased Merkle Data, a provider of risk management and analytics software. The moves mark not only Anchorage’s expansion but also improving the quality of services it provides.Anchorage Crypto Trading PlatformThe news...
Read More »Ripple’s Partner MoneyGram Expands in India, Will It Affect XRP Price?
Multinational payment remittance platform MoneyGram has announced a partnership with the EbixCash network, to expand Moneygram’s presence in India. The partnership was announced in an official MoneyGram news release published on Monday, Jan. 13.The press release states that EbixCash is a wholly-owned subsidiary of Ebix, Inc. The latter is an international supplier of application software products, based in Atlanta, Georgia. Starting immediately, EbixCash will be exclusively responsible for...
Read More »Ripple CEO Expects to See More ‘Consolidation’ in FinTech Industry in 2020
XRP gave the crypto community an unexpected gift when it rose by 10 percent on Tuesday. The third biggest cryptocurrency has been sluggish in its movement, barely keeping up with other top cryptocurrencies like Bitcoin (BTC). But in what resembled a rush of adrenaline, XRP astonished crypto investors when it regained strength to take back the $0.244 level. This event is so remarkable because this is the first show of strength XRP has managed to achieve since November ending of 2019.Now that...
Read More »Justin Sun Teases New ‘Multibillion Benefits’ Program
Just when we got worried that something happened to him, the head of the Tron Foundation Justin Sun popped out with, what seems to be, his new project.Calling it a “secret project” that will bring “multibillion benefits” to the TRX ecosystem, Sun tackled the public opinion once again.However, let’s just bear in mind that the young Sun has pretty much famous for his sensationalist announcements with numbers that would shame even the one and only – Donald Trump.The same goes to forecasting...
Read More »Bitfinex Gets Recent Lawsuit Refiled to Another Court
On 8 January, a day after the document is taken from the court, two plaintiffs sent a lawsuit against iFinex Inc., Bitfinex and Tether to another court. This lawsuit travels from Washington to New York, according to the Block.Bitfinex Has Three Weighty Cases against ItselfThe Western District Court in Washington gave the case back to Eric Young and Adam Kurtz, the crypto traders standing behind the third lawsuit against Tether. Despite yesterday’s news, the lawsuit was filed again, this time...
Read More »Everest Group Explores 12 Platforms in Its Enterprise Blockchain Readiness Report
Management consulting and research firm Everest Group has released a new market report focusing on the future of blockchain. The report, entitled “BigTech Battle: Assessing Managed Blockchain Platform Readiness for Enterprise Use,” addresses a number of major players developing blockchain projects, including Hewlett Packard, IBM, and Microsoft.The report cites Jelurida’s Ardor blockchain-as-a-service platform, alongside Multichain’s Enterprise, as two technologies with favorable ease of...
Read More »SEC Shows Proofs Telegram Is Violating Securities Law
On Friday, the Securities and Exchange Commission (SEC) had filed invoices to the court. The SEC is claiming that brothers Nikolai and Pavel Durov were selling the Gram tokens after the initial pre-sale end.If It Has No Flaws, Invent ThemTelegram officially claimed that they did not conduct any sales after the initial offering end.However, the SEC representatives are sure that Telegram accountants have been messing with papers. Maybe Telegram managers got a total of 1.7 billion during the...
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