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Day: January 12, 2018

cryptocurrency January 12, 2018

Credits:istock.com/Lightboxx After drowning in red for a week, cryptocurrency prices picked up steam on Friday morning. Ethereum had weathered the storm better than most, yet it also climbed on the renewed sense of optimism. ETH prices jumped 4.33% against the U.S. dollar, putting the Ethereum to USD exchange rate at $1,255.57. Since there is relative calm […]

cryptocurrency January 12, 2018

Ripple has teamed up with MoneyGram make MoneyGram’s money transfers faster and more efficient. Image by Mike Mozart. Ripple and MoneyGram Collaborate to Test Money Transfers through xRapid Network Ripple has teamed up with MoneyGram make MoneyGram’s money transfers faster and more efficient through Ripple’s xRapid payment network. As reported by CNBC, Ripple’s XRP increased 15 percent […]

cryptocurrency January 12, 2018

The troubled exchange is being sued for allegedly making deceptive statements and false promises, attempting to skirt legal liability, and planning to leave customers holding the bag. Several years ago, the cryptocurrency exchange, Vircurex, halted trading and to date, it has not returned all assets to its customers. This week, a proposed class-action lawsuit was filed in the Colorado District […]

cryptocurrency January 12, 2018

The Financial Stability Oversight Council recently created a working group to examine cryptocurrency. However, Treasury Secretary Steve Mnuchin appears unperturbed by any financial threat posed by bitcoin, notwithstanding potential losses by speculators. On Friday morning, Treasury Secretary Steve Mnuchin spoke with David Rubenstein, president of the Economic Club of Washington, DC. In a segment about […]

cryptocurrency January 12, 2018

January 12, 2018 12:40 AM A bill submitted to the US House of Representatives would require a taskforce on financial technology to be created. On January 10, Ted Budd (R- NC) introduced a bill to the House of Representatives that calls for the formation of a FinTech taskforce, among other things. It was then referred […]

cryptocurrency January 12, 2018

ETHNews surveys efforts by Lithuania, Switzerland, and Ukraine to regulate and study blockchain technology and cryptocurrencies in their respective nations. Blockchain technology is taking off, and to keep pace with the development of disruptive platforms, governments around the globe are responding. The Bank of Lithuania has revealed plans this week for a regulatory sandbox service […]

cryptocurrency January 12, 2018

DigiByte is a fork of bitcoin and was released on January 10, 2014. A fork of bitcoin means that DigiByte used the same programming as bitcoin to get started but changed the programming to make it better. DigiByte is currently 39th in terms of market capitalization. How DigiByte is different from bitcoin Among the many […]

cryptocurrency January 12, 2018

Esports.com, ICO targeting the billion dollar esports industry, has successfully completed one of the most anticipated ICOs in the gaming industry. The platform sold 24 million ERT tokens and ended its sales on the 28th of December.  The unprecedented demand for tokens resulted in the company reaching its target cap ahead of schedule, accumulating sufficient […]

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