A Village in Japan is Planning their own ICO

A Japanese Village is Launching the Country’s first ICO on the Municipal level A small Japanese village is shifting to digital currencies in an attempt to bolster its economy. Nishiawakura, a village of roughly 1,500 people in the Okayama prefecture in Japan, unveiled its plan last week to start a …

Blockchain is Almost a Must-Have for Business, says UBS CEO

Swiss Financial Giant UBS CEO says Blockchain Technology is ‘Almost A Must’ for Business The CEO of Swiss Financial service giant UBS Group AG endorsed blockchain in an interview, recommending that it is ‘almost a must’ for business. Mr. Sergio Ermotti told CNBC on Monday that the technology can enable …

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 …

16 Arrested in Monero Cryptojacking Case in Japan

Japanese Police made 16 Arrest in Monero Cryptojacking Case On 15th June, local news outlet The Asahi Shimbun reports, Japanese prosecutors from 10 prefectures have made 16 arrests suspected of involvement in an ongoing criminal case of cryptojacking. Cryptojacking is a practice of utilizing unsuspecting user’s processing power in order …

Agreement Between Ripple Labs And The US Treasury Department Defines XRP As A Currency, Not A Security

Will a concurrence between Ripple Labs and the US Treasury Department persuade the SEC that XRP is not security? Ripple marked a settlement assertion with the Treasury’s Financial Crimes Enforcement Network (FinCEN) done in 2015, paying a $700,000 fine for “selling its virtual currency, known as XRP, without registering for …

Looks Like Nvidia Expanding Its Interest In Blockchain

Graphics Card Producer Adds Blockchain-AI Base Startup To Incubator Nvidia seems to be developing its interest in the blockchain. The graphics card producer had demanded last year, will be right away working with a startup called Ubex to create a smart online marketing platform that uses blockchain and artificial intelligence. …

‘We’re first a Payments Company’ says Ripple CEO

Ripple CEO Brad Garlinghouse says, ‘We’re first a Payments Company.’ Ripple’s CEO, Mr. Brad Garlinghouse, at the Yahoo Finance all markets summit gave answers to questions that compared Ripple with CHAIN. He was further asked what Ripple be called as a blotchy company or a crypto company. Mr. Brad Garlinghouse …

Banks to Apply Blockchain for Cross-Border Payments in Future: Ripple

Ripple Chief Cryptographer Stated That Banks Are Unlikely To Deploy Blockchain For Cross-Border Payments Ripple chief cryptographer David Schwartz asserts that banks are doubtful to convey blockchain to process international payments, citing low adaptability and privacy problems. In an interview with Reuters, Schwartz contended that regardless to those realities that …

Walmart Won Patent for Bitcoin-Powered Electrical Grid

Retail Giant Walmart Won Patent for Electric Grid powered by Bitcoin Walmart has won a patent for an on-demand electrical grid that would be powered by bitcoin or other digital currency. The system, described in the patent awarded on Thursday by the US Patent and Trademark Office (USPTO) is designed …

Ripple To Set Its Eyes And Attention On E-Commerce Giant Amazon For A Possible Partnership

Great Possibilities Amazon Will Partner With Ripple This Year Ripple without any question will take the first place when it goes to a network that has been tried and turned out in real-world situations in blockchain technology. In the present, Ripple (XRP) has developed to turn into a real player …

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