Bahamas Central Bank to Start Pilot Cryptocurrency

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, …

Four Arrested for Running Fake Crypto Exchanges in Ukraine

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 CEO Brad Garlinghouse Defends XRP’s Utility at Fintech Conference

‘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 …

Consensys Is Launching Tachyon, The First Ethereum-Focused Accelerator... | Coindelite News
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Consensys Is Launching Tachyon, The First Ethereum-Focused Accelerator Program In San Francisco

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, …

Korean Ministry to Investigate Bithumb Crypto Exchange Hack

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 Claims xRapid Able to Save Billions in Fees | Coindelite News
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Ripple Claims xRapid Able to Save Billions in Fees

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 …

Singer Akon Launches Cryptocurrency ‘Akoin’ and Plans for ‘Real Life Wakanda’

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 …

Ripple’s [XRP] Cory Johnson Says Cross-Border Money Flow Is Huge For Global Economy

Ripple Adds To The Financial Process And Functioning Of Its Clients The post of Ripple on Twitter is carrying a highlighted explanation by Cory Johnson toward the Yahoo fund summit last week: “Moving money across borders might not seem that exciting, but if you think about what it means  for …

San Francisco-based Ripple Donates $2 Million to Texas University’s Blockchain Initiative

The University of Texas to Receive $2 Million Donation from Ripple  One of the 17 institutions selected for Ripple’s $50 Million academic pledge, the University of Texas in Austin will get $2 Million from Ripple. As per university student newspaper The Daily Texan, the McCombs School of Business at UT …

Government Officials must Disclose Crypto Holdings, says US Ethics Office

US: Federal Official must Reveal their Cryptocurrency Holdings Ethics Officials said Monday, those who are working for the executive branch of the  U.S. government must reveal their Cryptocurrency Holdings. In a legal advisory issued on Monday, the U.S. Office of Government Ethics (OGE) explained that digital currency is “property held …