EU Parliament says Digital Currencies will not Challenge Central... | Coindelite News
Cryptocurrency News

EU Parliament says Digital Currencies will not Challenge Central Banks

The European Parliament said last week; Digital Currency will not challenge the economic power of central banks. As per the latest Monetary Dialogue report issued on June 26, the European Parliament’s Committee on Economic and Monetary Affairs stated that while digital currencies have made financial transactions “comparatively safe, transparent, and …

Bitcoin Could be an Alternative Solution for Venezuela's Economic Crisis | Coindelite News
Bitcoin News

Bitcoin Could be an Alternative Solution for Venezuela’s Economic Crisis

  This is the case in Caracas, Venezuela, right now, where it currently costs one million bolivars to purchase a cup of coffee. It is because of the hyperinflation of the past 12 months in the once-rich OPEC country, which has now climbed to 43,378 percent.     In April …

Kaspersky Lab Says Cybercriminals are Moving from Ransomware to Cryptojacking | Coindelite News
Crypto Hack

Kaspersky Lab Says Cybercriminals are Moving from Ransomware to Cryptojacking

  Kaspersky Lab, a global cybersecurity company, has published a report saying there has been a particular change from ransomware-related attacks for mining malware. The report says this type of attack called cryptojacking has become a more possibility for hackers and that why the number of ransomware attacks is dropping. …

Indian Bank Taps Ripple for Instant International Remittance | Coindelite News
Ripple News
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Indian Bank Taps Ripple for Instant International Remittance

  Kotak Mahindra, which is one of the major private banks in India, announced that it is going to join RippleNet, Ripple’s enterprise blockchain network for enabling inward remittances. According to Kotak Mahindra Bank’s announcement, the bank will be using Ripple’s blockchain technology for power inward international remittances in India. …

Bank of England's Deputy Governor Warns Financial Firms of Crypto... | Coindelite News
Cryptocurrency News

Bank of England’s Deputy Governor Warns Financial Firms of Crypto Risks

  The Bank of England’s deputy governor for prudential regulation has cautioned banks about exposure to digital currencies-related assets in a new letter. Mr. Sam Woods, chief executive of the Prudential Regulation Authority (PRA) a financial service regulator in the U.K. wrote on Thursday that banks, investment firms, and insurance …

SBI Holdings' CEO said Ripple will be The Global Standard | Coindelite News
Ripple News

SBI Holdings’ CEO said Ripple will be The Global Standard

The Representative Director and CEO of SBI Holdings and Blockchain supporter Mr. Yoshitaka Kitao said at the Japan Blockchain Conference that “using XRP can create a more efficient world.” He was the guest speaker at One of Japan’s largest blockchain conferences which named Japan Blockchain Conference. The event happened in …

Ukraine Authorities has no Plans to Regulate Crypto Mining | Coindelite News
Crypto Mining

Ukraine Authorities has no Plans to Regulate Crypto Mining

Crypto miners in Ukraine can now be at ease, as authorities have said they have no plans of regulating the popular crypto mining. Up till now, digital currency miners in Ukraine have been living in uncertainty and fear. Cryptocurrency mining companies worried that they would be fined, eventually or that …

Tron and Zencash is now another Payment Option for Pornhub | Coindelite News
Cryptocurrency News

Tron and Zencash is now another Payment Option for Pornhub

One of the famous adult entertainment website ‘Pornhub’ has recently announced that it is adding two other cryptocurrencies named Tron and Zencash as the payment method. The integration point outs the latest crypto-play by the site that added a payment option for the cryptocurrency Verge in April. According to the …

Coinbase CEO Mr. Brian Armstrong Reveals Crypto Charity Platform | Coindelite News
Cryptocurrency News

Coinbase CEO Mr. Brian Armstrong Reveals Crypto Charity Platform

CEO of Coinbase Mr. Brian Armstrong wants to help the unbanked people around the globe gain access to financial services. On Wednesday, the exchange’s co-founder declared that he was starting a non-profit organization to financially empower people and donate digital currency to the unbanked worldwide. GiveCrypto.org objective is to partner …

Bitcoin News

Australian Central Bank says Bitcoin Has ‘Flaws’

Tony Richards, Reserve Bank of Australia’s official, appreciated Bitcoin and Cryptocurrencies in a general speech at the Australian Business Economists in Sydney He said: “Even if one is quite skeptical of whether bitcoin will have a significant role in the economy in the future, I think it is hard to …