CIMB Partners With Ripple For Cross-border Payments | Coindelite News
Blockchain News

CIMB Partners With Ripple For Cross-border Payments

On November 15, 2018, CIMB Group and Ripple partnered to enable instant cross-border payments across various markets. Through the partnership, CIMB will be joining Ripple’s network named “RippleNet” which will provide access to other members and help CIMB to grow its cross-border payments business. Ripple’s blockchain-based solution has been used to …

U.S. Based Bank Issues Visa Debit Cards | Coindelite News
Cryptocurrency News

U.S. Based Bank Issues Visa Debit Cards

A U.S based bank is launching a new Visa debit card which allows its users to spend digital currencies through conversion to fiat. New York-based Metropolitan Commercial Bank has partnered with cryptocurrency wallet provider Crypto.com to issue cryptocurrency debit cards in the States. Crypto.com, a Hong Kong-based company has announced its partnership with …

Japan to Regulate Cryptocurrency Wallets | Coindelite News
Crypto Wallet

Japan to Regulate Cryptocurrency Wallets

Japan’s cryptocurrency users may have to reveal their identities as the country’s top financial watchdog is preparing a law for it. On Monday, The Financial Service Agency (FSA) has announced its plan to regulate cryptocurrency wallet providers. The decision was made during a cryptocurrency study group meeting after concerns over …

Ripple Becomes The Second Largest Cryptocurrency | Coindelite News
Ripple News

Ripple Becomes The Second Largest Cryptocurrency

Ripple (XRP) has once again overtaken Ethereum (ETH) and became the second largest cryptocurrency in the world. The market capitalization has increased even though it had volatility and a bearish market. According to Coindelite’s Price Chart, Ripple (XRP) has become the world’s second largest cryptocurrency overtaking Ethereum. For now, Ethereum is …

$30 Million Crypto Trading Fund To Launch In Shanghai | Coindelite News
Cryptocurrency News

$30 Million Crypto Trading Fund To Launch In Shanghai

A Shanghai-based cryptocurrency management company is planning to launch a new crypto trading fund through an unnamed partnership in Hong Kong. The company is named Point95 Global. The partnership is being carried out with an unnamed licensed asset manager based out of Hong Kong. This new private fund will focus …

Google Play Store Consists of Fake Crypto Wallet Apps | Coindelite News
Crypto Scam

Google Play Store Consists of Fake Crypto Wallet Apps

Lukas Stefanko, a malware researcher, has found four fake digital currency wallets on Google Play Store. According to Stefanko’s blog, these fake cryptocurrency wallets intends to steal users’ personal data. The malware researcher tracked fake applications named as cryptocurrency wallets for NEO, Tether and also an extension for accessing Ethereum, …

Hacked Google Account Promotes Crypto Scam | Coindelite News
Crypto Scam

Hacked Google Account Promotes Crypto Scam

One of Google’s verified Twitter account has become the latest to be hacked to host a crypto “giveaway” scam. A Twitter user named @B_u_r_t_o_n has found a promoted tweet on  Google’s productivity account. The hacked Google’s profile is named as G Suite. A photo of the screenshot went viral before the technology …

Vietnam Wants to Regulate Cryptocurrencies | Coindelite News
Crypto Regulations

Vietnam Wants to Regulate Cryptocurrencies

Vietnam authorities are looking to regulate the cryptocurrencies. The Ministry of Justice has found various solutions and the Ministry of Industry and Trade has expressed their opposition to the ban on the import of mining equipment. Vietnam’s Ministry of Justice has submitted a report to the government in Hanoi which …

MUFG To Use Ripple for Cross-Border Payments | Coindelite News
Ripple News

MUFG To Use Ripple for Cross-Border Payments

Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG bank) and Brazil’s Banco Bradesco are going to partner with Ripple for a new cross-border payment service. The MUFG bank recently published a press release announcing that the two banks have signed a Memorandum of Understanding (MOU), aiming to co-develop the system. …

Iran Develops National Cryptocurrency | Coindelite News
Cryptocurrency News

Iran Develops National Cryptocurrency

Iran has finally announced the development of its national digital currency that is backed by the local fiat money, the rial. After getting approvals from the Central Bank of Iran (CBI), the yet-to-be-named cryptocurrency will be issued for banking institutions for testing payments. Seyyed Abotaleb Najafi, Chief Executive Officer at …