Venezuela Prohibits Imports of Digital Currency Mining Equipment

Venezuelan Authorities have Cracked Down on Local Mining Operations by Banning any New Imports of Mining Hardware Reportedly the least wealthy nation in the world to mine Bitcoin, Venezuelan authorities have broken down on local mining operations by banning any new imports of mining hardware, including specific sorts of graphics …

Hong Kong Monetary Authority has No Plan to Issue Central Bank Digital Currency

No Plan to Issue Central Bank Digital Currency, says Hong Kong Government The Hong Kong Monetary Authority (HKMA),  the region’s de facto Central bank, presently had no plan to issue a Central Bank Digital Currency (CBDC), a high-level government official stated on Wednesday. Amid a council meeting with Legislators in Hong …

Ripple adds New Money Transfer Firms to ‘RippleNet’ Payment Network

Money Transfer Firms joins Ripple’s Ledger-based Payments Network ‘RippleNet’ Ripple is proceeding to add new clients to its distributed ledger-based network, RippleNet. Declared yesterday, two international money transfer companies, Sao Paulo, Brazil-based BeeTech and Singapore-based InstaReM have collaborated to enable the customer to benefit from Ripple’s Product, which they tell …

Payment Giant MasterCard Eyeing Blockchain-based Coupon Authentication System

MasterCard Wins Patent for Blockchain based Authentication System A new patent application from Payment Giant MasterCard suggests that they are looking at blockchain technology as a part of the way to check the authenticity of consumer coupons. The application for a “Method and System for Authentication of Coupons via Blockchain” …

After Bank Data Heist the Hackers Demanded $1 Million in XRP

$1 Million in XRP demanded by Hackers After Bank Data Theft Hackers who stole Data of Thousand of Canadian Bank customers have demanded $1 Million in XRP not to release the data trove. As per a News report on Tuesday, the two bank hit by the breach, CIBC’s online bank …

China’s President Xi States Blockchain Part of New ‘Technological Revolution’

President of China Xi Jinping Openly Praised Blockchain Technology in an Event President of China Xi Jinping openly praised blockchain throughout in his speech during an event, as the technology proceeds to bond itself in the country’s future arrangements. Talking to the Chinese Academy of Sciences’ nineteenth annual meeting in …

Blockchain to be Used by Indian Telecom to Fight Nuisance Call

Indian Telecom Industry to Combat Nuisance Call by Using Blockchain Tech India’s Telecom watchdogs are preparing to use Blockchain to fight nuisance calls and SMS messages. On Tuesday, The Telecom Regulatory Authority of India (TRAI) published a draft regulation, marking its plan to use the new tech in offering a …

Ripple CEO States Bitcoin’s Influence Over Digital Currency Prices Could End Soon

Brad Garlinghouse Says Bitcoin’s Influence Over Crypto Prices Could End Soon Digital Currency prices have been correlated with Bitcoin, the first and the most famous cryptocurrency. But that would end soon as the market accepts the difference between these assets. As per Brad Garlinghouse CEO of Ripple. On Wednesday, Brad …

Notable Reasons Why Ripple(XRP) will Conquer the World this Year!

Quick Glance at Factors that Could Make 2018 an Ideal Year for Ripple Ripple has constantly been in the spotlight and is slowly becoming a very important coin due to its astonishing technological features, hence it could be said that Ripple might expose performance that has never been seen before. …

Virginia Lawmaker Calls for an Impact Study on Cryptocurrencies

A State Senator in Virginia calls for a Digital Currency Impact Study A state senator in Virginia has filed new legislation that would mandate an impact study on digital currencies. A new bill proposed by Mr. Glen Sturtevant would start a study, which, if affirmed, would try to access how …

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