Latest Cryptocurrency News

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Venezuela Publishes New Whitepaper for Petro Cryptocurrency | Coindelite News
Cryptocurrency News

Venezuela Publishes New Whitepaper for Petro Cryptocurrency

Nicolas Maduro, Venezuela’s president, has announced Petro cryptocurrency as the national currency on Monday. The President also claimed that Petro is already present in the world’s six leading international exchanges. A new whitepaper has also been published, and it states that petro is no longer 100 percent backed by oil …

WSJ Creates Own Cryptocurrency
Cryptocurrency News

WSJ Creates Own Cryptocurrency

It has been well-documented that mainstream media and cryptocurrencies do not mix well. There have been numerous instances where these news outlets and TV channels have bashed cryptocurrencies to attract more customers to their outlet. Meanwhile, the Wall Street Journal is going against the grain by announcing the launch of …

Google to Protect Its Users From Cryptojacking | Coindelite News
Crypto Hack

Google to Protect Its Users From Cryptojacking

Cryptojacking has become one of the major issues in the cryptocurrency space. Individuals, crypto exchanges, companies have been losing their funds due to these issues. Google has recently announced that it is going to protect Chrome users from Cryptojacking. The search engine has made stricter rules for Chrome extension developers. …

Siam Commercial Bank (SCB) to Use Ripple Blockchain | Coindelite News
Ripple News

Siam Commercial Bank (SCB) to Use Ripple Blockchain

Ripple has recently announced its partnership with Thailand’s Siam Commercial Bank (SCB). The announcement stated that the bank would be the first to use RippleNet’s “multi-hop” feature. The feature would allow the bank to process easy payments on behalf of other financial entities in Ripple’s blockchain network. Ripple stated that …

Bitmain Reveals Plans for IPO
Cryptocurrency News

Bitmain Reveals Plans for IPO

Bitmain has been repeatedly making headlines in the crypto space for the past few months. The cryptocurrency mining giant’s IPO has been in the pipeline for quite some time now. The company has made their financial statements to the public for the first time. This confirms their intention to get …

The US Representative Drafts Bills on Blockchain | Coindelite News
Blockchain News

The US Representative Drafts Bills on Blockchain

Tom Emmer, The U.S Representative, stated that he would like to support the development and use of cryptocurrencies and blockchain. The lawmaker announced a trio of blockchain focused bills on Friday. These bills state that it intends to introduce them in Congress soon. The bills also contain particular issues around …

Bitmain Sponsors NBA's Houston Rockets
Cryptocurrency News

Bitmain Sponsors NBA’s Houston Rockets

Bitmain, the world’s leading manufacturer of cryptocurrency mining equipment is entering a new business venture. The crypto giant has struck a sponsorship deal with Houston Rockets, the US basketball team. AntPool is Bitmain’s Bitcoin mining company. It has struck a major sponsorship deal with Houston Rockets for an undisclosed amount …

US Lawmakers Urges IRS to Provide Clarity for Crypto Taxation | Coindelite News
Cryptocurrency News

US Lawmakers Urges IRS to Provide Clarity for Crypto Taxation

A group of U.S. lawmakers has requested the country’s Internal Revenue Services (IRS) to issue comprehensive guidance for taxpayers earning gains on digital currency investments or transaction. In an open letter sent to acting IRS commissioner Mr. David Kautter delegates David Schweikert, Kevin Brady, Darin LaHood, Brad Wenstrup and Lynn Jenkins writes …

The U.S. PNC Bank Adopts Ripple's xCurrent | Coindelite News
Ripple News

The U.S. PNC Bank Adopts Ripple’s xCurrent

The San Francisco based technology company Ripple has partnered with the American banking giant PNC (PNC Financial Services Group, Inc). The PNC bank has joined the list of the growing number of financial institutions which uses Ripple’s products. Asheesh Birla, Ripple’s senior vice president, stated that the bank’s Treasury Management …

UK Lawmakers Call For More Regulations on Crypto | Coindelite News
Crypto Regulation

UK Lawmakers Call For More Regulations on Crypto

According to the reports, U.K lawmakers have called for more oversight and regulation on the cryptocurrency industry. The lawmakers have stated that cryptocurrencies don’t have any inherent value. They are very risky for retail investors. The lawmakers think that digital currencies are vulnerable to manipulation. The report also states that …