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CEO Ripple sends open letter to US Congress on upcoming hearings
29 July, 2019 12:21

CEO Ripple sends open letter to US Congress on upcoming hearings

Ripple company has sent to the US Congress an open letter on forthcoming hearings in the Senate Banking Committee calling for the implementation of a clear regulatory regime for the cryptocurrency industry. The letter was unveiled on July 28.

Philippine's UnionBank announces launch of its own cryptocurrency
29 July, 2019 11:31

Philippine's UnionBank announces launch of its own cryptocurrency

The largest bank in the Philippines has launched its own cryptocurrency. UnionBank has already conducted successful transactions using the new coin. Its value is tied to the Philippine peso.

Abra wallet forced to revise its services for US clients
29 July, 2019 10:48

Abra wallet forced to revise its services for US clients

California-based crypto custody company – Abra – announced plans to put restrain its services that are available for the US residents. The company posted a notice on its website on July 26. Abra will revise and change its services facing non-stop pressure from the US regulatory authorities.

Huawei CEO: "China can also issue such a currency by itself"
26 July, 2019 16:47

Huawei CEO: "China can also issue such a currency by itself"

The founder of the Chinese technology giant Huawei, Ren Zhengfei stated, that China should not wait for someone to release a digital currency like Libra. In his opinion, the state is always stronger than any Internet company.

One more token sale gets approval from SEC
26 July, 2019 16:32

One more token sale gets approval from SEC

The US Securities and Exchange Commission has reportedly approved an application for token sale from gaming project Pocketful of Quarters. The authority unveiled its decision on its website on July 25.

Report: Maduro's scheme to avoid US sanctions - bitcoin and airport taxes
26 July, 2019 13:53

Report: Maduro's scheme to avoid US sanctions - bitcoin and airport taxes

The Spanish media ABC has carried out an investigation which showed that Venezuela's President Nicolas Maduro can use bitcoin instead of El Petro in the airport of the country as a way to avoid Washington's sanctions. 

Justin Sun refuses to meet with Buffett, but comes to Tron party
26 July, 2019 13:49

Justin Sun refuses to meet with Buffett, but comes to Tron party

Tron's CEO, Justin Sun, was unable to attend lunch with Warren Buffet because of the stones found in the kidneys. However, it became known that the disease did not prevent him from being with influential people at a party organized on July 25 in San Francisco.

Oil prices post gains on Friday
26 July, 2019 12:22

Oil prices post gains on Friday

The oil market has been marked with a price upturn at the end of the week. The rise is reportedly related to the persisting tensions in the Middle Eastern region. At the same time, some negative impact on the markets is coming from the Washington-Beijing conflict which hampers the potential of global economic growth.

Mark Zuckerberg plans eventually win regulators' support for Libra
26 July, 2019 11:32

Mark Zuckerberg plans eventually win regulators' support for Libra

Mark Zuckerberg has expressed intentions to take all measures to bring over regulatory authorities and officials to support the Libra project. The company is going to take time as much as suffices to bring to head the cryptocurrency. The Libra project was discussed during the Facebook Second Quarter 2019 Earnings Call.

Coinbene and MasterCard team up to roll out cryptocurrency card
26 July, 2019 11:23

Coinbene and MasterCard team up to roll out cryptocurrency card

Singapore Cryptocurrency Exchange Coinbene announced the release of the card, claiming that it will be integrated "100% cryptocurrency." The card can be used for any actions, including cash withdrawals and deposits, payment of bills, transfers.

Ripple posts better financial performance q-o-q in Q2
25 July, 2019 16:57

Ripple posts better financial performance q-o-q in Q2

Ripple Labs has unveiled its Q2 financial performance report posting higher incomer compared to the previous report period. According to the released data, sales of XRP amounted to $251.51 million over the period under review, while the Q1 results were at $169 million.

Resident of New Jersey accused of organizing illegal crypto exchange
25 July, 2019 16:38

Resident of New Jersey accused of organizing illegal crypto exchange

A US court indicted a resident of Monmouth County for creating and managing an illegal Bitcoin exchange. The detainee accepted fiat money from clients and transferred them to a bank account.