The Russian Ministry of Finance and the Central Bank are unable to reach an agreement on how to cope with the rise of cryptocurrency. Despite the central bank’s worries, Russia’s finance ministry is sticking to its intentions to deploy Bitcoin technology. The debate between the Ministry of Finance and the Bank of Russia heated up […]
Two citizens from Russia are facing prosecution for their alleged role in infecting state-controlled computers with a program that would mine cryptocurrency. The two suspects, which went unnamed in the report by local news outlet Tass, allegedly infected computers at state organizations with a program that would mine cryptocurrency via a web browser. Russia has seen a […]
Xendpay announce that joins RippleNet, that will allow the former to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of banks and other financial partners to facilitate money transfers via other forms of currency especially Ripple’s XRP. “Most of our customers are migrants who are sending money back […]
Bitrue Exchange, Singapore based cryptocurrency exchange, has announced on their Twitter account that they have been hacked for around $4.2 million in user assets. The platform announced the breach in tweets, saying that the event was identified at around 1 a.m. local time Thursday. Users funds are insured and anyone who lost cryptocurrency would be refunded, […]
Coinbase Visa is powered by customers’ Coinbase account crypto balalances, giving them the ability to pay in-store and online using bitcoin, ethereum, litecoin and more. The visa debit card will let UK customers to spend crypto as effortlessly as the money in thei bank. Customers can use their card in millions of locations around the […]
Payments and e-commerce crypto Dash has just been listed on the Australian-based exchange, Jinance (formally known as String Exchange). The integration features the first AUD-Dash trading pair and in addition to this it incorporates Dash’s InstantSend technology, enabling fast and seamless transactions. Jinance will leverage automated InstantSend for outgoing transactions, a feature introduced as part […]
PayPal joins the blockchain craze. The payments giant has invested in Cambridge Blockchain, a budding startup developing digital identity management software for financial institutions. Cambridge Blockchain said the investment will help the two companies explore potential collaborations powered by blockchain tech. The investment was part of a Series A funding round, which also included backing […]
AriseBank is a cryptocurrfency bank that found itself amidst $4.2 million ICO scam. The former CEO of the institution pleaded guilty to to deceiving ivnestors of around $4.2. million. The information comes from the US news agency Dallas News. According to Erin Nearly Fox, the attorney for the Northern District of Texas, Mr. Rice entered a […]
Dukascopy Bank’s initial plans were to become the first regulated bank to launch its own ICO starting from March, 1 2019. However, the Japanese Mizuho Bank has equally announced their token to be unveiled on the same day, so Dukascopy moved the date a day earlier. “We got to know that Japanese Mizuho Bank has equally announced their token […]