VeChain Partners With Haier, the World's Largest Home Appliances Manufacturer
2019-04-03 10:50:49 Discuss Singapore-based blockchain platform VeChain has partnered with Chinese consumer electronics giant Haier and risk management company DNV GL to improve transparency in the supply chain. Haier, the world's largest home appliances manufacturer, owns some of the industrys biggest brands including Casarte, GE Appliances, Fisher & Paykel, AQUA, and Candy. Last month, it launched its Internet of Clothing (IoC), a networked laundry solution connecting the smart washing machine, laundry rack and folding machine. In collaboration with Haier IoC, VeChain's traceability application, My Story, will be used to verify products, prevent fraud, track carbon footprints and more.
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Massive Bitcoin Whale Triggered BTC Surge With $100 Million Order, Says Crypto Investment Firm CEO
2019-04-02 11:23:23 Discuss The CEO of cryptocurrency firm BCB Group says Bitcoins massive pump was triggered by a single Bitcoin whale, in a coordinated effort to buy nearly $100 million worth of BTC across three crypto exchanges. Oliver von Landsberg-Sadie told Reuters a 20,000 BTC buying spree executed simultaneously on Coinbase, Kraken and Bitstamp is largely responsible for the surge, which briefly boosted the price of BTC above $5,000. There has been a single order that has been algorithmically-managed across these three venues, of around 20,000 BTC. If you look at the volumes on each of those three exchanges there were in-concert, synchronized, units of volume of around 7,000 BTC in an hour.
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Swiss Bank UBS (Not Bitcoin) Fined $5
2019-02-21 17:33:44 Discuss A Paris court just hit Swiss Bank UBS AG with a $5.1 billion fine, after finding the investment bank guilty of money laundering. The fine included a 3.7 billion euro fine and 800 million euros in additional damages to the French state. The record penaltiesexceed the bank's net profit of $4.9 billion reported in 2018. TheZurich-based bank was convicted of soliciting high-net-wealth clients to help them dodge taxes. Christine Mee, president of the court, stated, The court can only conclude that (UBS) consistently put its own financial interests over the sovereign rights of the French state. UBS, one of the world's largest wealth management banks, denies any wrongdoing and is appealing the verdict.
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Ripple Backs XRP-Based Decentralized Exchange, Mobile Wallet and Cold Crypto Storage OS
2019-02-13 22:03:08 Discuss Ripples fundraising arm Xpring is investing inXRPL Labs, a new company created by the avid XRP developerWietse Wind. XRPL Labs is working on a number of projects, including a decentralized exchange, mobile wallet and cold storage operating system.Ripple is investing an undisclosed amount in XRPL Labs, which will allow Wietse to work on the projects full time along with two employees. I cannot describe what I feel right now, but I'll try Starting today @baltazar223, @ThisIsTRISS and I will be officially working full time on building a few killer XRPL apps Thanks to Xpring funding https://t.co/dhgErN2EBl
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Germany's largest online food delivery platform now accepts Bitcoin
2019-01-28 10:40:42 Discuss Germany's largest online food delivery platform has swelled to over 13,000 restaurants and accepts Bitcoin for payment. The Berlin-based Lieferando.de operates across the country to deliver all types of culinary dream dishes, from fancy to fast food. Online customers can pay with Bitcoin, credit cards, Sofort or PayPal. When paying with Bitcoin, the company says it does not charge any fees, while it costs an additional 6%, to pay with PayPal and credit cards. Lieferando just announced the winner of the Best Restaurant Awards out of 1,231 restaurants and appropriately, it's a pizza joint. Ihr habt die Gewinner auserwhlt! Hier sind die Sieger der Best Restaurant Awards 2018 https://t.co/3nOUqyrq0V pic.twitter.com/qWNljEZKln
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Tron Surges 130% in Just Over a Month and Shoots Past Stellar As CEO Justin Sun Reveals BitTorrent Side Channel to Process Transactions
2019-01-27 21:59:27 Discuss Tron is now upover 130% since December 15th, from $.0126 to $.0292, making itthe 8th largest cryptocurrency by market cap ahead of Stellar, according to CoinMarketCap. The rise has followed the reveal of the new Tron-based BitTorrent token (BTT), which will be integrated with the popular file-sharing platform BitTorrent tomorrow, and will reward users who share files. In a new interview on CNBC's Crypto Trader, Tron founder and CEO Justin Sun confirmed he paid $140 million for the peer-to-peer file sharing platform, and talked about his future plans for BitTorrent. BitTorrent has been around since 2003. This is a very successful P2P network responsible for P2P file sharing. At the same time, it has more than 100 million active users around the world basically, monthly active users.
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United Nations Calls Bitcoin and Crypto 'New Frontier' in Finance, Explores Ripple and IOTA Technologies
2019-01-21 00:35:22 Discuss In a year-end report on the global economy, the United Nations calls cryptocurrency a new frontier in digital finance. According to the UN, crypto and blockchain technology at large have the potential to create new and revolutionary business models that cut red tape and dramatically increase efficiency. This is not the first time the UN has expressed its interest in digital assets. In May, the United Nations Office for Project Services (UNOPS) revealed its collaboration with IOTA to explore how IOTA's innovative technology which provides an open-source distributed ledger for data management can increase the efficiency of UNOPS operations. UNOPS is also exploring Ripples suite of cross-border payment solutions, according to areport from theAssociation for Financial Professionals from late 2017.
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Crypto Whales Move $273 Million in Ethereum, Plus News on Bitcoin, Ripple and XRP, Tron, Stellar, Litecoin and Cardano | The Daily Hodl
2019-01-16 14:49:18 Discuss From a quarter of a billion dollars in Ethereum on the move to Bitcoins quest to become digital gold, here's a look at some of the stories breaking in the world of crypto. Ethereum whales are out in force. Since Friday, more than $273 million in Ethereum (ETH) has been transferred in 21 separate transactions. 20,000 ETH ($3,185,112) 115,304 ETH ($18,094,118) 112,419 ETH ($17,641,413) 102,591 ETH ($16,099,036) 98,014 ETH ($15,380,804) 87,085 ETH ($13,665,797) 77,736 ETH ($12,198,705) 76,212 ETH ($11,953,596) 58,938 ETH ($9,244,212) 57,813 ETH ($9,067,720) 43,919 ETH ($6,888,458) 98,000 ETH ($15,439,295) 98,000 ETH ($15,408,068) 25,690 ETH ($4,030,882) 110,000 ETH ($17,220,401) 110,000 ETH ($17,201,138) 75,426 ETH ($11.48 million) 88,657 ETH ($13.49 million) 88,877 ETH ($13.52 million) 124,388 ETH ($18.92 million) 92,652 ETH ($14.08 million)
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How Will Increasing Adoption of Cryptocurrency Affect Real Estate
2019-01-16 04:40:56 Discuss Cryptocurrency use in buying and selling assets is a growing trend, and the trillion-dollar real estate industry is certainly taking notice. But if you're looking to invest in the business, does cryptocurrency investment in real estate actually matter to you What real estate blockchain solution can you actually get that uses virtual currency instead of other fiat money The real estate industry has been looking for cryptocurrency applications. For starters, purchasing your dream home is certainly more possible. Buying daily goods and other services can also be done using cryptocurrency across the globe.
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Congresswoman, War Veteran and Crypto Investor in Litecoin and Ethereum Running for President, Calls Out Banks for 'Our Broken System'
2019-01-13 21:33:19 Discuss Tulsi Gabbard is running for president of the United States. The firstSamoan-Americanand the first Hindumember of Congress, Gabbard is a crypto investor who disclosed her holdings of Litecoin and Ether in a routinefilinglast year. Gabbard is a Democrat who currently serves as theUS RepresentativeforHawaii's 2nd congressional district, a seat she's heldsince 2013.A strident critic of the Trump administration, Gabbard announced her bid for the 2020 presidential election on Friday. She believes that the US government is complicit in fueling corruption by serving banks and mortgage industry lobbyists who put profits over people. She calls their actions blatant corruption and greed.
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After Rejecting Bitcoin ETFs, the SEC Makes Crypto a Top Priority for 2019
2019-01-13 00:51:20 Discuss A lot can change in the world of crypto over a 48-hour period. The publication of new regulations in China, which will come into effect this February, marked the end of a long period of uncertainty in the world's most populous country. And now, in the very same week, the US Securities and Exchange Commission (SEC) has announced that crypto is a top priority this year. In a document entitled 2019 Examination Priorities?, the Office of Compliance Inspections and Examinations (OCIE) states that it will be investigating cryptocurrencies for the express purpose of understanding how investors can be protected.
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The First Bank Using Ripple's XRP-Based xRapid Reveals Imminent Launch, Plans to Power Payments Across 80 Countries
2019-01-12 23:05:27 Discuss The first bank to officially use Ripples XRP-powered xRapid says it will fully integrate the technology in a matter of weeks. Euro Exim Bank says it will begin using XRP in cross-border payments in the first quarter of this year. Graham Bright, the bank's head of compliance and operations, told American Bankerit ultimately plans to use the digital asset to power payments across 80 countries to demonstrate the speed and efficiency of cryptocurrency. There's been a lot of talk around the markets about how blockchain technology can assist in trade finance. We're interested in moving forward and creating a platform for payments for our clients who are in over 80 countries at the moment, making sure they have a smooth, frictionless way of paying local people.
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Ripple-Backed Payment Platform SendFriend Launching in Q1 2019, Will Utilize XRP for Instant Cross-Border Remittances
2019-01-10 23:37:21 Discuss A consumer payments platform backed by MIT Media Lab, Barclays, Mastercard and Ripple is launching its XRP-powered payment service in Q1 2019. SendFriendwill start by targeting the Philippines to give expatriates a cost-effective way to send money back home. The project, winnerof the MIT Media Lab Translational Innovation Alliance Award, was developed at MIT by CEO and founder David Lighton. At the Barclays Accelerator demo day in New York, powered by Techstars, Lighton said SendFriend will execute cross-border payments in about six seconds, giving customers an overall cost savings of 65% compared to traditional cross-border payment companies.
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Santander Bank Says Ripple's Payment Network Outperforms Cross-Border Competitors
2019-01-09 23:52:06 Discuss Banco Santander says its Ripple-powered payments app One Pay FX is giving its customers the ability to send cross-border transactions at far faster speeds than its competitors. At the Santander International Banking Conference in Madrid, executive chairman Ana Botn highlighted the performance of the new mobile payments app, which runs on Ripple's blockchain software solution xCurrent. You can do FX transfers, real-time, between the UK and continental Europe. And you can actually do Poland, Brazil and Chile through Santander for the same cost as Transferwise And that is the reason why we need to really think about what is real reciprocity. The devil is in the details and the timing.
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Crypto Visionary Nick Szabo Says Banks May Scrap 'Physically Vulnerable' Gold for Bitcoin
2019-01-09 21:42:36 Discuss Computer scientist and cryptographer Nick Szabo says he believes central banks may decide to boost their reserves with crypto. The prediction is one of several made by Szabo at the first Israel Bitcoin Summit, as reported by Finance Magnates. There's going to be some situations where a central bank can't trust a foreign central bank or government with their bonds, for example. One solution that's been developed is to have the Swiss government hold it for you that's not a trust minimised solution. The Swiss government itself is subject to political pressures and so a more trust-minimised solution is cryptocurrency.
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Breakthrough: Bitcoin and Crypto Exchanges Approved in Thailand
2019-01-09 20:55:21 Discuss The Securities and Exchange Commission of Thailand announced on Tuesday that the country's Ministry of Finance has approved four applicants to operate cryptocurrency exchanges. The newly licensed broker-dealers are Bx, Bitkub, Coins and Satang Pro. The move affirms Thailand's push to become a key cryptocurrency player in Asia where Japan, Singapore, Taiwan and Hong Kong are established hubs for blockchain entrepreneurs. A fifth exchange, Coin Asset, is pending review. According to the announcement, two exchanges were rejected. Both Cash2Coin Company Limited (Cash2coin) and South East Asia Digital Exchange Limited (SEADEX) will shutter their operations by January 14. The Finance Ministry says the exchanges were denied due to poor know-your-customer regulations, and unsafe IT security and cybersecurity systems.
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The 23rd Richest Man in the World Just Invested in the Upcoming Crypto Platform Bakkt
2019-01-09 11:13:35 Discuss From a big league investment in the future of Bitcoin and cryptocurrency to the first bank to utilize XRP, here's a look at some of the stories breaking in the world of crypto. The 23rd richest man in the world is investing in the Bitcoin and cryptocurrency platform Bakkt. Hong Kong billionaire Li Ka-shing invested in the upcoming cryptocurrency exchange, which is backed by the parent company of the New York Stock exchange, through his venture capital firmHorizons Ventures. According to the yearly billionaires list published by Forbes, Li Ka-shing is worth about$34.9 billion. Bakkt is pushing to launch physically-backed Bitcoin futures in the first quarter of this year, along with aninstitutional-grade regulated exchange, clearing and warehousing services for physical delivery and storage.
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Tron (TRX) Rallies 34% in One Week, Gears Up With BitTorrent Crypto Token and Binance Launchpad
2019-01-09 08:13:40 Discuss The price of Tron has jumped 34% this week, including a 10% leap in the past 24 hours, according to Coinmarketcap. Last Tuesday, TRX sat at $0.0187 per coin. The price now stands at$0.0262. The rally follows a great week for crypto prices in general, as the total market cap of all cryptocurrencies has gained more than 10%. Tron has led the charge with developments that are resonating with supporters of an emerging decentralized internet, including the announcement of a new Tron-based token issued by the Singapore-based BitTorrent Foundation for the popular peer-to-peer file sharing platform BitTorrent.
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Russia Will Buy $10 Billion in Bitcoin, Ditch US Dollar and Become Huge Crypto Whale: Russian Economist
2019-01-09 02:14:19 Discuss According to a new claim from a Russian economist, the world's 12th largest economy is about to pour $10 billion into Bitcoin. Vladislav Ginko, a lecturer at Moscow's Russian Presidential Academy of National Economy and Public Administration, says US sanctions are forcing Russia to diversify. Chris, I believe sitting here in Moscow, Russia, that the real factor of Bitcoin apotion will be when Russian government I'm working for will start investing almost $470 billion reserves into Bitcoins. I expect that it'll be at least $10 billion in the first quarter of this year. Vladislav Ginko (@martik) January 6, 2019
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Ripple Reveals 5 Companies Utilizing XRP As Crypto Startup Reaches 200 Customers Worldwide
2019-01-08 20:01:57 Discuss Ripple is officially updating its list of how many customers have joined RippleNet. The number of banks and financial institutions using Ripple's suite of software solutions to power cross-border payments now stands at 200. Ripple, provider of leading enterprise blockchain solutions for payments, announced today that 13 new financial institutions have signed up for the company's payment network, RippleNet. The companies include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND and Rendimento. With these additions, there are now more than 200 customers signed up for RippleNet.
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