DLT Falls Short of Meeting Financial Market Demands

The World Payments Report 2018 published Oct. 16 has found that distributed ledger technology (DLT) is not currently capable of meeting financial market demands. The annual report was jointly compiled by consulting and technology services firm Capgemini and leading European bank BNP Paribas. To prepare the report, researchers conducted an assessment based on multiple criteria, […]

Nexo adds Ripple (XRP) as collateral option to raise cash

Nexo, a crypto-backed loan provider today has announced that Ripple native asset XRP has been added as the latest collateral option for its loan facilities. The addition, which is the result of a Nexo community poll will take effect immediately. Ripple’s (XRP) addition as a collateral option on Nexo enables holders to borrow against their XRP […]

Russian Accused of Hacking Public Servers to Mine Bitcoin Faces up to Five Years in Prison

A 21-year-old Russian from the Siberian city of Kurgan is facing criminal charges for illegally mining Bitcoins (BTC) via government-owned servers, local news agency Ura.Ru reports Tuesday, October 16, citing the regional office of Russia’s Federal Security Service (FSB). The investigation found that the man hacked public administration servers in three Russian regions. The breach […]

Crypto exchange Kraken adds support for Tezos (XTZ)

Bitcoin and cryptocurrency exchange Kraken today announced support for Tezos (XTZ). Trading starts Tuesday, October 16th. Margin trading will not be available at launch for XTZ but may be enabled in the future. Clients will be able to trade XTZ on both Kraken.com and the advanced platform at trade.kraken.com. Tezos is a decentralized computing platform for Turing-complete […]

Bitcoin News Summary – October 15, 2018

Here’s what happened this week in Bitcoin in 99 seconds.  Major exchange and Tether operator, Bitfinex, has imposed a temporary ban on all fiat deposits. Clients are no longer able to deposit Euros, Dollars, Yen or Pounds to the exchange. Withdrawals are reportedly working normally. Bitfinex has said that they expect the issue to […]

What the hell is going on?

Apparently there are Scam rumours for Tether and that all USDT pairs will be delisted from Binance is there any substance to it? That’s why all USDT pairs are pumping because everyone wants to get out of USDT. Looks like this is a short lived pump, is it? Apparently Kucoin suspended tether deposits and withdrawals. […]