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One of the most bullish non-crypto companies, US-based software developer MicroStrategy, just used the recent bitcoin (BTC) correction to increase their BTC stash. Per CEO Michael Saylor, the company has purchased an additional BTC 328 for around USD 15m in cash at an average price of USD 45,710 per BTC. As...
The recognized financial institution Santander announced on Twitter on March 23 that they are using XRP for international payments. Nonetheless, the bank confused Ripple with XRP. In another tweet, they explained that they were confused and that they provided incorrect information. Santander Confuses XRP and Ripple During the last year, we...
The large cryptocurrency exchange Binance announced that it suddenly found 10 million XLM tokens that are worth around $775,000. According to an official blog post, Binance informed that they discovered they already earned 9,500,000 XLM tokens. These funds are going to be airdropped by the crypto exchange. Binance Airdrops 9,500,000...
Cryptocurrency mining still manages to capture the imagination of users, more than a decade after Bitcoin mining became a truly global phenomenon. Yet, both the current and prospective miners face changing fortunes related to price fluctuations of the mining equipment and the cryptocurrencies they dig for. Luckily, the businesses...
In Spring 2019, we witnessed the end of the so-called “crypto winter” when the price of bitcoin rallied past the USD 5,000 mark in the first days of April to peak at over USD 13,000 in June. While the altcoin market is still struggling to recover, bitcoin (BTC) managed...
Bitcoin (BTC) mainstream adoption is more about people using the underlying Bitcoin network rather than a bunch of wealthy investors and institutions coming in to hold the underlying asset, according to MIT Digital Currency Initiative Director Neha Narula. Narula and Lightning Labs CEO Elizabeth Stark were discussing Bitcoin and the...
Shiba Inu (SHIB) token has taken over the Cryptoverse, calling itself the dogecoin (DOGE) killer and prompting many to raise alarms. Meanwhile, 50% of SHIB's total supply is deposited to the wallet of Ethereum (ETH) co-founder Vitalik Buterin, while the Ethereum fees skyrocket yet again and DOGE received another...
As indicated by a Reuters report, Allianz Global Investors (GI) CEO Andreas Utermann urged controllers to prohibit crypto. At a meeting held in London, coordinated toward Andrew Bailey, the leader of Britain's Financial Conduct Authority. Utterman stated: "You should ban it . I am by and by amazed that controllers haven't...
Starbucks, a leading coffee maker in the United States, has announced its partnership with Microsoft, a technology giant, to put coffee production on the blockchain. Bean To Cup Initiative With Blockchain Since last year, the coffee maker has been sitting on plans to work with coffee farmers in Rwanda, Costa Rica,...
U.S.-based major money transfer company MoneyGram said it has already started to use Ripple's xRapid product that is aimed at minimizing liquidity costs and is powered by Ripple's XRP cryptocurrency. However, what are they using it for? (Updated on August 9: comments by Ripple CEO has been added, updates...