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Tag Archives: Cryptocurrency News

XRP is 10X Safer than Fiat for Cross-Border Payments

Ripple‘s XRapid system is 10 times safer and is only one-tenth volatile if compared fiat for making international payments. Fiat cannot compete with XRP’s speed and security.Ripple is a real-time gross settlement system and a form of currency exchange. Banks and financial institutions have the cryptocurrency XRP which is used in a row of Ripple’s solutions, as a settlement infrastructure technology. Payments done using it are irreversible, and there are no chargebacks.In its study Ripple...

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Binance Set to Open Beijing Branch as China Goes Pro-Blockchain

Probably the largest digital currency exchange platform in the world Binance is reportedly going to set up post in China, with an office in the capital city of Beijing. When the Beijing office is finally launched, it will be the second Binance office in the country, after the one currently operating in Shanghai, China’s biggest city. The news came from anonymous sources in a Coindesk report and is not officially confirmed yet.Since there is no official word from the exchange, no one is...

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BitMEX Reveals Some Users’ Email IDs Making Amateurish Mistake

Cryptocurrency derivatives exchange BitMEX sent a mass email to its users on Friday with all of their email addresses in the “To” field. Usually, when you are sending a mass e-mail and you want to protect other users’ privacy, you put their e-mail addresses in the so-called blind carbon copy or BCC field. That’s how the other users’ e-mail addresses stay hidden from everybody else. This way, by not putting the names in the BCC field but in an amateurish manner dividing them by the comma,...

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Binance.US Exceeds $15 Million Daily Trading Volume One Month after Launch

In September, one of the world’s most popular cryptocurrency exchanges Binance launched its U.S. arm, initially allowing U.S0. citizens to trade 13 cryptocurrency pairs across Bitcoin (BTC), Bitcoin cash (BCH), Binance Coin (BNB), Ether (ETH), Litecoin (LTC), XRP, and the Tether stablecoin (USDT). Since the launch, only one month has passed, but Binance.US has already demonstrated incredible results: its daily trading volume has exceeded $15 million.Besides, the U.S. arm of Binance has...

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Crypto Browser Brave Hits 8 Million Users Milestone, Trumpets ‘Everipedia’ Partnership

Brave teams up with blockchain-based encyclopedia Everipedia. Brave’s active users are skyrocketing. The market value of Basic Attention Token (BAT) may retrace before it continues rising. Privacy web browser Brave announced a co-marketing agreement with the world’s largest blockchain-based encyclopedia, Everipedia, to boost the company’s brand awareness among its userbase. The partnership comes at a time when Brave’s popularity is skyrocketing, and its native crypto, Basic...

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XRP Is 10 Times Safer Than Fiat for Intl Payments – Ripple

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...

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Nearly 1/3 of Americans Believe This Myth About the US Dollar

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...

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Was Hack on Indian Nuclear Plant Used to Test Cyber Intrusion Abilities?

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...

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Russian Official to Challenge China’s Bitcoin Mining Supremacy

A Russian company has decided to turn an aluminum plant into a crypto mining facility. The facility plans to take on China’s supremacy in bitcoin mining. If bitcoin manages to trade around $9,160, the Russian company estimates profits of up to $99 million per month. The cryptocurrency industry is having an exciting month as governments and private entities make announcements that contribute to the growth of the field. First, it was reported that billionaire Peter Thiel along with...

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Will AOFEX Become a New Leading Exchange?

With the development of blockchain, the competition between various fields has become very fierce. As one of the few traffic entrances of blockchain, exchanges have always been such places for strategists to fight for, and their competition has already entered a serious stage. Moreover, even under the attack of three giants, namely, Binance, Huobi and OKEx, there are still many new trading platforms constantly showing their heads, injecting more innovative and fresh elements into this already...

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