Ripple CEO Brad Garlinghouse says Bitcoin Is Controlled by China, Won’t Disrupt Banks

Small Group of Miner from China controls Bitcoin claims Ripple CEO It might be an overstatement to assume that Mr. Brad Garlinghouse has been on Bitcoin-bashing tour he is, a bitcoin investor himself still it’s evident that the Ripple CEO has utilized the recent market downturned as a chance to …

Bitcoin Tumbled To Its Lowest Level Since February | Coindelite News
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Bitcoin Tumbled To Its Lowest Level Since February

The World’s Largest Cryptocurrency Fell To Its Lowest Point Since February The price of bitcoin, the world’s biggest cryptocurrency by market capitalization, fell to its lowest point since February on Tuesday. Bitcoin’s esteem slid to $6,455. 92 throughout the evening trading session, dropping more than $280 in two hours. This …

A Shopping Mall in Slovenia is Testing Cryptocurrency Payments Pilot

A Slovenian Shopping Center is widening a Digital Currency Payments Pilot Slovenian TV channel “24 Ur” reported on Monday, BTC City Ljubljana, situated in Slovenia’s capital of Ljubljana, will permit a group of people to use digital currencies at 24 businesses located in the sprawling complex, which as per online …

Ripple Request South Korea To Adopt Blockchain Technology And... | Coindelite News
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Ripple Request South Korea To Adopt Blockchain Technology And Cryptocurrency

Ripple is urging the Government of South Korea to loosen Regulations and Focus on Cryptocurrency and Blockchain Technology Many things are evolving in South Korea’s financial segment. Regulation is badly impacting cryptocurrency and blockchain technology, yet Ripple is urging the administration for South Korea to slacken rules and concentrate on …

India's Central Bank Admits Issuing Crypto Ban without Research | Coindelite News
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India’s Central Bank Admits Issuing Crypto Ban without Research

Reserve Bank of India Stays Mum on Cryptocurrency Ban The Reserve Bank of India (RBI) has replied to a query regarding why it moved to bar bank from dealing with digital currency businesses prior this year – however; the response isn’t very telling. Shri Varun Sethi, who presents himself as …

Wells Fargo Bans Cryptocurrency Purchases with its Credit Card | Coindelite News
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Wells Fargo Bans Cryptocurrency Purchases with its Credit Card

US Bank Wells Fargo says it will no longer Allow Purchase of Cryptos on its Credit Card Fortune reported on 11th June; San Francisco-based Wells Fargo bank has declared that it will no longer permit its client to buy digital currencies using its credit card. Wells Fargo, which is the …

Korea Will Regulate Cryptocurrency Exchanges, Helping To Legitimize... | Coindelite News
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Korea Will Regulate Cryptocurrency Exchanges, Helping To Legitimize The Country’s Crypto Industry

Korea Financial Intelligence Unit (KFIU) Will Regulate Cryptocurrency Exchanges Like Banks And Legitimizing Industry The Korea Financial Intelligence Unit (KFIU) and other neighbouring financial related offices to control cryptocurrency exchanges similar to banks, imposing strict anti-money laundering (AML) strategies to guarantee criminals don’t use cryptocurrencies to finance illegal operations. Same …

South Korea based Crypto Exchange Hacked with Cryptocurrencies Worth... | Coindelite News
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South Korea based Crypto Exchange Hacked with Cryptocurrencies Worth $40 Million

Coinrail Exchange Hacked, Possible Loss of $40 Million in Cryptos South Korea based cryptocurrency exchange, Coinrail, stated on Sunday its platform had been hacked, with other sources suggesting it lost digital currencies totaling as much as $40 million in the attack. As per its website, the exchange has already suspended …

Russian County's Website Hacked to Mine Digital Currencies | Coindelite News
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Russian County’s Website Hacked to Mine Digital Currencies

To Mine Cryptocurrency Russian County Website was Hacked A county government website for Khabarovsk, Russia was lately hacked to mine digital currency using the processing power of those visiting. Mr. Vyacheslav Kovalenko the County administration IT officer reported that since the end of May, users who opened any page of …

China's Biggest Newspaper Calls for Digital Currency Regulation | Coindelite News
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China’s Biggest Newspaper Calls for Digital Currency Regulation

Largest State-Run Newspaper in China Calls for Cryptocurrency Regulation There are signs that the Chinese government might be looking towards returning to its controversial ban on digital currency trading in favor of regulating the market. 30th May 2018 editorial on Globaltimes.cn, a news site owned by People’s Daily – China’s …