Tag Archives: News

Ripple, the company that actively uses the world’s third-largest cryptocurrency XRP in its solutions, is having big plans ahead this year in 2020. In the latest development, Ripple said that it plans to launch its XRP-based cross-border payments systems to global markets.In the newly released XRP Market Report, Ripple said that plans to bring XRP-based international payments to companies and individuals alike. Furthermore, the blockchain startup explained that XRP provides real-time gross...

For the longest time, executives of Libra have stated that users can expect a release date of 2020 for the coin. However, 2020 has finally arrived, and the project doesn’t look any closer to coming to fruition than it did roughly one year ago.Libra Could Be DelayedThe currency – first introduced in June of 2019 – has experienced its fair share of hard blows over the past seven months. For one thing, many people don’t trust the currency after all the dirt that’s gone down with Facebook, most...

Popular Bitcoin payment processor BitPay has sealed a partnership with fiat-to-crypto payment processor Simplex, enabling users to purchase Bitcoin and other cryptocurrencies directly within the BitPay app using a credit card. They can also transfer funds, make purchases and send money to friends from a single dashboard.In providing BitPay with a fiat onramp to conduct and settle crypto transactions, Simplex has created a major on-ramp to the cryptoconomy. Over 30,000 merchants use BitPay,...

During the interview given to Erik Schatzker on the World Economic Forum in Davos, Nasdaq CEO Adena Friedman was discussing her LinkedIn post concerning ”market economy”. She was also touching the cryptocurrency sphere, saying that Bitcoin futures are a viable option and that they have an unnamed partner helping to set everything up.Two Main Reasons Nasdaq Will Consider Regarding Bitcoin FuturesAfter observing the market conditions, Nasdaq wants to bring up a viable solution that will be...

Another major partner has left the Libra project in the dust. This time, the one making a grand exit is Vodafone, an international prepaid phone carrier.Libra Is Still SufferingLibra has had a very rough history. First introduced to users in June of 2019, the project has seen its fair shares of ups and downs (more downs, at this stage) and has been the subject of widespread criticism from international leaders and U.S. regulators alike.The company has also lost several big-name supporters...

The attack on Bitcoin Gold was first spotted by James Lovejoy, a researcher from MIT Bitcoin Club.Bitcoin Gold ($BTG) was 51% attackedhttps://t.co/KxFvrsOhuO— James Lovejoy (@metalicjames) January 24, 2020The short review of the attack is already on GitHub. The review says that on January 23, and 24, the attackers have removed blocks from the BTG network. Then, they re-added them and added new transactions instead of their old ones. Why did they do that? Because such thing as pulling the...

Popular bitcoin exchange Local Bitcoin has been suspending users’ accounts.Local Bitcoin Is Acting UpMany have taken to social media to express their frustrations, while news outlets in the Middle East, Africa and Asia have also reported on the situation. It appears that these accounts belong to longtime users; people who have been serviced by the exchange for many years, and the closures are happening without any prior warnings.Have these customers violated the rules somehow? What could be...

Many of the people who are not related to cryptocurrencies are lurking on the web in a search for free Bitcoins. Numerous casinos, betting clubs, cryptocurrency hedge funds, and other websites lure people in. How do you know that the casino is working well? Where will you gather precise information about a faucet or a lottery website that promises to send you a ton of coins?Do Not Waste Your TimeDo you know one precious asset that is not gold, not fiat money, not cryptocurrency, and not a...

Alexander Vinnik has been charged with money laundering and extortion by French authorities.Vinnik Will Spend More Time Behind BarsVinnik is believed to have laundered as much as $4 billion worth of bitcoin through a now defunct cryptocurrency exchange known as e-BTC. He was later arrested in 2017 while vacationing in Greece with his family per the requests of legislators in the United States. At that time, Vinnik was facing charges in both the U.S. and Russia.At 39 years of age, Vinnik has...

The World Economic Forum has announced it’s assembling a firm of experts from both the public and the private sectors to assist in developing cryptocurrency guidance and regulation.Cryptocurrency Is Getting Global SupportThe organization will be made up of central bankers, entrepreneurs, blockchain analysts and others who will seek to utilize their knowledge of cryptocurrency trading to establish lasting legislation.Interestingly, reactions to the news have been divided, with some claiming...