Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

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Chinese President Xi Jinping — the leader of the world’s second-largest economy — has described blockchain as accelerating “application breakthroughs.” Addressing the annual Chinese Academy of Sciences conference on May 28, China’s leader hailed blockchain technology as one that “profoundly affected the country’s future and destiny.” The President noted: “Ever since the start of the…

Ripple Wants People to Stop Calling Its Coin ‘Ripple’

Ripple Wants People to Stop Calling Its Coin ‘Ripple’

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What’s the difference between Ripple the company and ripple (XRP) the cryptocurrency? Many people would assert “Not a lot” given that the former owns most of the latter and its founders were responsible for creating ripple in the first place. Ripple the company has other ideas though, and is on a mission to separate the…

Hong Kong Official Rules Out Plan for Central Bank Digital Currency

Hong Kong Official Rules Out Plan for Central Bank Digital Currency

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Hong Kong’s de facto central bank has no plan to issue a central bank digital currency (CBDC), a government official said on Wednesday.

IOTA Price Increases 18% Over Past Day Following Trinity Wallet Beta Release

IOTA Price Increases 18% Over Past Day Following Trinity Wallet Beta Release

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After weeks of bearish price activity, the market is beginning to shows signs of possible recovery. IOTA, in particular, experienced an 18% price increase – the most significant amongst top 10 tokens by the current market cap. IOTA is up 18.3% over the past 24 hours. Related Story: Price Watch: Stellar Lumens, Cardano, TRON and EOS…

Potential EOS Mainnet Launch Delay: Internet Security Giant Identifies High-Risk Security Vulnerabilities

Potential EOS Mainnet Launch Delay: Internet Security Giant Identifies High-Risk Security Vulnerabilities

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Qihoo 360, China’s largest internet security company, recently published an announcement that the upcoming EOS mainnet launch scheduled for June 2, 2018 could potentially be delayed due to a series of high-risk security vulnerabilities that could cripple the entire EOS network. The May 29th announcement states that the 360 team identified a flaw within the…

Bithumb to Lower Withdrawal Limit for Crypto Traders Not Using Real-Name System

Bithumb to Lower Withdrawal Limit for Crypto Traders Not Using Real-Name System

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One of South Korea’s largest cryptocurrency exchanges, Bithumb, has reportedly announced that it will gradually lower the withdrawal limit for any accounts that have not been converted to real-name ones, citing risks of financial crimes. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Lowering Withdrawal Limit Bithumb reportedly said on Monday that it has “decided…

Prague Subway System Now Has Ten New Bitcoin ATMs

Prague Subway System Now Has Ten New Bitcoin ATMs

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One of the largest Bitcoin ATM manufacturers in the world, General Bytes, has recently installed ten new cryptocurrency ATMs throughout the Prague subway in the Czech Republic. Now commuters riding the Prague Metro can purchase digital assets at various locations spread out across the fifth busiest metro system in Europe. Also read: Yahoo! Japan Confirms Entrance…