Bitfinex’s Chief Strategy Officer Leaves Crypto Exchange According to Reuters report, Phil Potter, who is one of the directors of ‘stablecoin’ issuing company Tether, will be replaced by Jan Ludovicus van der Velde, Bitfinex’s CEO. Phil Potter said to Coindesk: As Bitfinex pivots away from the U.S., I felt that, …

Japan Targeted 6 Licensed Cryptocurrency Exchanges with Business Improvement Orders Japan’s financial regulator the Financial Service (FSA) has sent business improvement orders with six major cryptocurrency exchanges. As stated in press releases in their website, the FSA has demanded a risk management redesign – focused on anti-money laundering (AML) and …

Ripple Price will Reach $10 says  Roman Guelfi, a Respected Crypto Expert Being the third largest cryptocurrency in the world, the Ripple has been experiencing price slump. Even though after hiring Cory Johnson, Ripple’s new head market strategist, XRP still seems to be struggling to raise in terms of value. …

Central Bank of Bahamas to Launch Pilot Digital Currency As per Jamaica Observer report, Bahamas Central Bank is planning to introduce a government-backed pilot cryptocurrency. Talking at the Bahamas Blockchain and Cryptocurrency conference prior this week, Deputy Prime Minister and Minister of Finance of the Bahamas, Mr. K Peter Turnquest, …

Ukrainian Police Arrested Four Men for Running Fake Crypto Exchanges As per a report on 21st June, Ukrainian Police have detained four men suspected of running six fake crypto exchanges. All four aged between 20 and 26 purportedly started at least six cryptocurrency exchanges, where they deceived users, afterward stealing …

‘Ripple is Different than XRP’ says Ripple CEO at Fintech Conference On Thursday, CEO of distributed ledger startup platform Ripple, Mr. Brad Garlinghouse says, “Let’s be clear: Ripple is different than XRP,” argued during CB Insights’ Future of Fintech conference. Brad Garlinghouse opened his talk by pushing back against arguments …

Ethereum Boost to provide Crypto Coders a Resources and ‘Reality Check.’ ConsenSys will be launching Tachyon, world’s first Ethereum-focused accelerator project in San Francisco. Beginning in September, dependent upon 15 projects will accept between $75,000 to $100,000 in investments, besides access to an eight-week program. As stated by the company, …

The South Korean Ministry of Science and Technology (MIC) has Launched an Investigation into the Theft of $30 mln from Bithumb MIC has started an inquiry under the robbery of $30 mln from the world’s sixth biggest crypto exchange Bithumb. Bithumb, which is the best crypto exchange in South Korea, …

Ripple stated that their foundation could save over 16 billion dollars with xRapid Ripple being the third-best currency in the market, still makes up upon to a standout amongst the most talked-around currencies in the crypto group. Partially, this will be the case because of the adequate penetration of Ripple’s …

Grammy Winner Akon announces Cryptocurrency and Plan to Build ‘Crypto City’ in Senegal Grammy Award Winner Akon is now added to the list of celebrities who are launching their own digital currencies. On Monday, 45 years old ‘Smack That’ singer announced at Cannes Lions International Festival of Creativity that he …