Ripple partners with second-largest money transfer service MoneyGram

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Ripple announced a partnership with MoneyGram, the second-largest money transfer service in the world. Under the agreement, Ripple would become MoneyGram’s partner for cross-border payments and foreign exchange settlement using xRapid, the company’s XRP-powered settlement service. An industry defining milestone: together, @MoneyGram and @Ripple are solving the challenges with cross-border payments using the speed and…

DAI is the first stablecoin listed on Coinbase Earn

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Dai is the first stablecoin to be listed on Coinbase’s education portal, which will enable its users to earn $6 in the coin by participating in lessons. Coinbase adds DAI to its Earn program According to the company’s official blog post, starting from June 10, its customers will be able to earn DAI by watching…

Thailand’s largest commercial bank redacts statement on integrating Ripple’s XRP

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The Siam Commercial Bank (SCB), the largest commercial bank in Thailand, retracted a statement about using Ripple’s XRP token. The bank quickly issued a correction saying it had no plans on using XRP “as of now.” SCB hints at XRP integration Thailand’s largest commercial bank, the Siam Commercial Bank (SCB), caused quite a stir after…

Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash

Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash

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Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic crisis causing hyperinflation of the national fiat, the bolivar. Coincoin, a mining equipment supplier based in Caracas, is one of many Venezuelan businesses that have decided to accept cryptocurrencies. Bitcoin cash (BCH) is now among…

Litecoin’s onchain metrics show growing interest

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According to Litecoin.com, the recent onchain metrics for LTC indicate that a “potential floor of support and intrinsic user interest” in the proof-of-work-based cryptocurrency has been established. Litecoin network sees increases across key data sets The team at Litecoin.com, an online resource for the latest information for ongoing development of Litecoin, argued that several onchain…

Elipay Celebrates the First of 100s of Crypto-Accepting Merchants in Croatia

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On May 20, Eligma showed off its Elipay service, a crypto payment processing system that allows people to pay for products and services with cryptocurrencies at over 300 retailers in the region. The grand opening of Elipay’s Croatian launch started with the first transaction made by Bitcoin.com’s CEO, Roger Ver, at the five-star Navis Design…

Bitcoin Pizza Guy featured on Anderson Cooper’s 60 Minutes

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The beloved “Bitcoin Pizza Guy,” Laszlo Hanyecz, will be featured in the next airing of 60 Minutes where he will explain how he spent almost $800 million on pizza. Set to air on Sunday, it will be the first TV interview Hanyecz has ever given and will help bring Bitcoin to a much wider audience. Bitcoin…

Bitcoin rumors debunked, remains bullish

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The world’s largest cryptocurrency has managed to break the $8,000 mark sooner than expected but has seen a slight dip in value as rumors that have fueled the bull run got debunked. Some believe the dip was caused by eBay and TD Ameritrade shooting down rumors on their expansion into crypto. Rumors and speculation push…

Crypto hedge funds managed to survive the 2018 bear market

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Cryptocurrency hedge fund managed to survive the 2018 bear market that caused the price of Bitcoin to drop by over 70 percent. A report published by PwC and Elwood analyzed 150 crypto hedge funds that manage around $1 billion in digital assets and found that they suffered losses of only 47 percent. Industry suffers major…

Brave browser gaining impressive traction on Android, on par with Chrome

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Among mobile web browsers downloads, Brave has pushed its way into third, narrowly behind Google Chrome by Play Store rankings. Through a combination of innovative features including a native cryptocurrency, built-in privacy, and a streamlined experience, the app has been able to make headway in a well-entrenched industry. Brave Browser Shows Impressive Traction Data from…