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More firms are now using Ripple and XRP to send money across borders. This information was revealed by Ripple's team on May 7, 2020. According to the team, BTC Markets added XRP to its exchange in 2018. Since then, the cryptocurrency asset has been able to bring more sustainable growth for the biggest exchange in Australia, being a source of liquidity for faster and cheaper cross-border payments. Towards the end of 2019, the exchange became a partner with Ripple and applied for…

Digital currencies have come to stay and governments worldwide are finding means to adopt them for various reasons. Some are seeing digital currency transaction processing as an activity that is likely to pay off in the future. In recent times, Ukraine’s Ministry of Energy and Environment recommended the utilization of the excess power produced by nuclear power plants for processing digital currency in the country. Currently, there is production of excess energy by power plants in the country because COVID-19…

The TON community has marched on to build the "Free TON Blockchain" despite the legal battle between Telegram and the (SEC) The community claims that Telegram can no longer be involved in the project given the regulatory hurdles it faces from the SEC A vast majority of TONs will be distributed among users for them to participate in staking for the new blockchain On May 7th, 2020, the Free TON community launched the Free TON Blockchain and its native token…

People usually compare the cryptocurrency market to the traditional market. Bitcoin is volatile thereby making it a challenge for the investors in equity or other asset class. In spite of the volatility, Bitcoin and cryptocurrencies have been able to attract institutional investors over the previous 12 to 18 months. Nevertheless, the uncertainty that reflects in the traditional market has contributed to the achievement. On May 5, Kevin Kelly of Delphi Digital featured in the recent episode of Block Crunch. He noted that…

May 7 is the World Password Day. Interestingly, the cryptocurrency space has introduced an enhanced means of getting around insecure passwords and phishing attacks. That is, with this new solution, there is no need to utilize a password which criminals exploit to carry out cyber attacks. This solution is the lnurl-auth protocol which permits signing into a variety of accounts by receiving a QR code with a special message. Users will be able to utilize a public key attached to their wallets…

The famous cryptocurrency company, Ripple, has achieved yet another thing. The exchange now belongs to the ISO 20022 standards body, which is working towards a new data standard for payments and data messaging between global financial institutions. According to the firm’s claims, it is the first cryptocurrency firm focused on distributed ledger technology (DLT) to become a member of the group. Among other members of the group are several global commercial and central banks, as well as payment processing entities such as…

For most days last month, the performance of Ethereum was not impressive while Bitcoin was able to gain enough momentum that pushed its price to the upside to become the cryptocurrency asset with the best performance. In recent times, Coinmetrics released the State of the Network report which noted that the market capitalization of Bitcoin increased by 17% within the previous week. Likewise, it said that the active addresses rose to 928,000 (12.2% increment). Nevertheless, the outstanding statistic was the rise in Bitcoin transaction…

Bithumb Global is celebrating their 1st anniversary with a series of events named "BG Fortune Bags for 1st Anniversary". The events will be divided into three stages, starting May 1, 2020, 00:00 through May 10, 2020, 23:59 (UTC+8). Each Fortune Bag contains: 3USDT+2USDT equivalent of the high quality project tokens. Event 1: 1000 Fortune Bags for Deposit Event Rules: Users who register before 00:00 on May 1 and have never deposit on Bithumb Global within 60 days can get 1…

When it comes to cryptocurrencies, Bitcoin is known for being the leading coin in terms of market capitalization and dominance. It is such that it is referred to as the benchmark cryptocurrency and market analysts use its performance to forecast the entire market direction. People in the cryptocurrency space hold different opinion regarding the performance of Bitcoin and altcoins. According to a trader and technical analyst known as TraderSZ, the performance of altcoins will be better than that of Bitcoin…