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Newly Appointed Sec’s Enforcement Chief Resigns After Just Designated

Alex Oh, the Securities and Exchange Commission’s new enforcement director, has resigned just days after taking the job. The enforcement’s head at the US markets regulator has resigned just days after being designated. Alex Oh the Securities and Exchange Commission’s enforcement director, revealed on Wednesday that she would resign just six days after being appointed, claiming personal reasons. Oh stated in her resignation letter...

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Ripple CEO Says Only US Does Not Consider XRP A Currency

Brad Garlinghouse, the Chief Executive Officer (CEO) of the San Francisco-based blockchain payment giant Ripple, says that the regulation of cryptocurrencies is not clearly defined in the United States of America. While talking about the lack of clarity on the digital currency regulation in the United States, the CEO of Ripple said that it is the only country for now that considers Ripple’s native cryptocurrency XRP “anything but a...

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RippleNet Backed Payment Service to Infiltrate three more Asian-Pacific Countries

Dlocal; an Asian-Pacific payment service has just recently announced its expansion, in three of the swiftly emerging countries in the region. According to an announcement made through a press release Dlocal, a payment company that operates in RippleNet’s ecosystem, will now be assisting merchants in Malaysia, Philippines, and Vietnam. In Malaysia, the company is already enabling exporters to accept payments through eWallets like...

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DBS, JPMorgan, And Temasek are Going to Develop A New Blockchain-based Interbank Platform

Two of the major banking institutions, including the American leading banking firm JP Morgan and the largest bank in Singapore, DBS, are going to roll out a new interbank platform that will be based on blockchain. Both of these banking giants are collaborating with the state investor Temasek for launching this blockchain-based cross-border payments company. Partior: A Blockchain-based Platform The blockchain-based interbank platform is...

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Russia’s Space Agency Roscosmos To Use Blockchain Tech For the Protection Of Intellectual Property

The importance and the potential of blockchain technology are being acknowledged all across the world. Blockchain technology is now utilized in various fields and industries all across the entire globe. Various government agencies have also started considering the usage of blockchain technology to do their task efficiently. The latest instance of this is that the space agency in Russia, Roscosmos, is going to use blockchain technology...

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Start Cloud Mining with Nhash

Sign up and get free $30 coupon and $5 bonus with Nhash Cloud Mining services Bitcoin is regarded as the leading cryptocurrency and is seen by many as the most profitable. Many companies have begun accumulating bitcoin, with Tesla recently purchasing vast amounts of bitcoins. Making a profit with Bitcoin is not as easy as it seems. The volatile nature of bitcoin means that assets purchased can quickly dip in value, and there is a...

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Ripple in Gaming: New Titles, Casinos, & In-Game Currency

Among the innumerable applications that have become possible for Ripple, attachment to video games has become one of the most interesting. As we discussed in another article on Ripple in the gaming industry, the low cost and high speed of transactions appears to be ideal for in-game purchases. This, plus the potential for the design of wholly decentralized games controlled by communities, opens up a world of possibilities. As to what...

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Ripple’s Co-Founder Suggests that “Crypto Industry should Reconsider Proof-of-Work.”

One of the biggest threats that concern the people most in relation to Bitcoin is the amount of energy and this time it is been highlighted by one of the giants of the crypto market. Yesterday co-founder and executive chairman of Ripple Labs; Chris Larsen, published a blog on Medium in which he, essentially, discussed the idea of potential shifting of cryptocurrencies from proof-of-work (pow) to proof-of-stake or Federated...

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Lawyer James K. Filan Says XRP Community Could Make A Huge Impact On Ripple Vs. SEC Case

The lawyer James K. Filan says that the XRP community could play a major role in the ongoing legal case between the United States Securities and Exchange Commission (SEC) and Ripple Labs, a blockchain tech-based cross-border remittance payments company based in San Francisco. Recently, in a Twitter thread, the lawyer shared his thoughts on the ongoing legal battle between these two entities and described how the community of XRP...

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$33M Injected Into XRP Products Within One Week Boosting AUM Of the Sector Up

A new report shows that a plethora of institutional investors were found to be rallying around XRP, the native crypto of the United States-based blockchain cross border payments firm Ripple and many other major altcoins. And a massive amount has flowed into the investment products of XRP. Interestingly this occurred within the duration of just one week. XRP Products’ AUM Has Nearly Doubled CoinShares has issued its weekly...

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XRP Holders are Seeking intervention in the SEC’s Lawsuit Against Ripple

Founder of Deaton Law Firm, Attorney John Deaton has just recently filed a motion with the court to participate in the lawsuit as representative of XRP holders. Initially, in the memorandum of the law, Attorney John Deaton argued in favor of XRP. As he mentioned several facts, in form of statements and decisions, that explicates the Coin as a virtual asset rather than a security. He said that before the SEC filed the lawsuit against...

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Ripple’s Partner SBI Offers Clients Bonus In XRP If They Participate In Company’s STO

SBI, a major Japanese financial services firm and the partner of Ripple, is going to conduct a new Security Token Offering (STO), which is likely to take place very soon. This upcoming STO is bringing new opportunities for the company’s customers as it will give them a chance to earn bonuses in XRP, the native cryptocurrency of Ripple, the blockchain tech-based cross border payments firm based in San Francisco, United States. SBI To...