Category: Cryptocurrency news

Crypto Criminals Achieve a Record High, mining
Blockchain news

Cryptocurrency Criminals Achieve a Record High

Cryptocurrency criminals are blooming in spring, or as it seems. Blockchain analysis firm CipherTrace found near $1.4 billion-worth of crypto stolen over the first five months of 2020. The loss across the asset class is

RAKBank Partners with Ripple Blockchains
Cryptocurrency news

RAKBank Partners with Ripple Blockchains

The United Arab Emirates’ (UAE) largest retail and business bank, RAKBank, selected Ripple’s blockchain to provide cross-border payments from here on out. Ripple provides distributed ledger payments products for financial institutions. Announced Sunday, the partnership

Tether Treasury Prints Again
Cryptocurrency news

Tether Treasury Prints Again

Tether (USDT) Treasury unexpectedly minted another 120M USDT recently, even after it exploded by over 43% since early March. Nonetheless, the Treasury is showing no signs of slowing that down. The stablecoin’s market cap surged

India’s Crypto Consumption Sees Eye-Boggling Rise
Cryptocurrency news

India’s Crypto Consumption Sees Eye-Boggling Rise

Amid domestic economic issues, alongside a nationwide COVID-19 led lockdown, India resorts to crypto assets. The country’s highest court recently put aside the Reserve Bank of India’s order dated April 6, 2018 that prohibited banks

PBoC Sharpens Commitment to Crypto Yuan
Cryptocurrency news

PBoC Sharpens Commitment to Crypto Yuan

China’s central bank is opening back its commitments to creating a crypto version of yuan. The People’s Bank of China (PBoC) announced the notion on April 4. The notice was part of a summary of

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