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Crypto news

Breaking news headlines about Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and blockchain technology.

Crypto news

PayPal: Bitcoin maybe becoming a popular choice for payment

PayPal: Bitcoin maybe becoming a popular choice for payment

08:26 am 2018-02-22

John Payne, CFO of PayPal, said the currency of the Bitcoin could legitimize it when it was a future public choice for payments. In his remarks to the Wall Street Journal, Rennie confirmed that his company was one of the first companies to support Bitcoin and accepted it on the Braintree platform since 2015. He pointed out that it has become an unreliable currency for transactions because of the high volatility currently being witnessed, Currencies. Asked whether digital currencies will become more popular than ever before as a payment currency, Rennie says there is…

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Brazils largest bank starts relying on the ripple to handle payments

Brazils largest bank starts relying on the ripple to handle payments

06:35 pm 2018-02-21

Itaú Unibanco, the largest bank in Latin America, will use the Ripple network to handle cross-border payments and remittances, the Ripple team said on Wednesday. The Ripple platform is used in most banks in South Korea and Japan, to settle payments between international financial service providers. The Ripple team noted that remittance providers in large remittance markets, such as Brazil and Canada, have started using Xvia, a payment solution developed by Ripple, to handle payments on Blockchain Ripple. Beetech in Brazil and Zip Remit in Canada aim to address payments on the blockchain ripple network…

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Bitcoin applies the SegWit update completely

Bitcoin applies the SegWit update completely

12:57 pm 2018-02-21

SegWit is very important in the digital currencies world because it paves the way for a new layer of technology that is likely to be faster and less expensive, and is focusing on expanding the network. After months of dispute over the update, it was activated in August, an unusual development for developers in the currency of the Bitcoin, which is the strongest currency in the digital currency market, and may move this update to the rest of the other virtual currencies. (SegWit) - focusing on facilitating the transmission of SegWit conversions from the software virtualization…

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BISB is studying the application of blockchain

BISB is studying the application of blockchain

12:25 pm 2018-02-21

Hassan Al Jarrar, Chief Executive Officer of Bahrain Islamic Bank (BISB), listed on the Bahrain Stock Exchange, said that digital currencies should be regulated by Bahrain's regulators before they can be adopted by banks. "The jars" said the bank was considering an important part of the Bitcoin," a Blockchain technology that could be used as an electronic record for the introduction of transactions instead of paper transactions. He pointed out that the Islamic Bank of Bahrain is considering the current period in the technique of "Blockchain" as electronic records to enter information. He…

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Customers are trying to withdraw 20 trillion dollars because of a defect in a Japanese platform

Customers are trying to withdraw 20 trillion dollars because of a defect in a Japanese platform

12:11 pm 2018-02-21

Doth reported an error in the digital currency exchange system in Japan, making users to make the most of the sale of "Bitcoin". The Zaif exchange, operated by Osaka-based Tech Bureau Corp., saw the brief glitch last week which enabled traders to make crypto purchases for free, according to Reuters.  According to Reuters, customers realized this imbalance, making them make the most of it, for 20 minutes, where they managed to get free coins, worth about $ 20 trillion, at the time, and then sell again quickly. The company announced on Tuesday the incident, confirming that…

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753 million dollars Raised in First Sale of petro

753 million dollars Raised in First Sale of petro

08:40 am 2018-02-21

Venezuelan President Nicolas Maduro said Petro's digital currency had earned $ 753 million on its first day, the initial result of currency purchases. Maduro said on Tuesday in his blog on Twitter that he did not provide any evidence to support the allegation, even though the messages came directly from his official account. The currency came in response to the financial sanctions imposed on Venezuela, which is currently facing a severe shortage of financial resources, and announced the Venezuelan President of his intention to establish a digital currency…

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Mark Carney attacks Bitcoin and describes the failed currency

Mark Carney attacks Bitcoin and describes the failed currency

05:19 pm 2018-02-20

Governor of the Bank of England Mark Carney said that Bitcoin has largely failed as a currency and its value is unstable and that it can not be a useful way to buy things. "It has largely failed so far ... and has no traditional aspects of money, , And no one uses them as a means of exchange, "but the basic technology used by digital currencies can help to verify financial transactions in a decentralized manner. Carney said policymakers can not eliminate financial crises, but they can make them less likely and less severe when they…

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Moodys: Sama agreement with Ripple has a positive impact on the Saudi economy

Moodys: Sama agreement with Ripple has a positive impact on the Saudi economy

12:05 pm 2018-02-20

Moody's said that the agreement between Saudi Arabian Monetary Agency (SAMA) and the financial technology firm Ripple would positively affect the banking sector in Saudi Arabia. An analyst at the agency said the cost of completing and managing cross-border payments would be reduced by 10 percent, providing Saudi Arabia's banking sector with $ 200-400 million a year. Last week Sama signed an agreement with Ripel, in cooperation with some local banks, to offer a pilot program to manage cross-border payments using the "Blockchain" technology. The agency explained that the program will contribute to speeding up…

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​Standard and Poors: Digital currency is less than a risk to banks

​Standard and Poors: Digital currency is less than a risk to banks

11:47 am 2018-02-20

Standard & Poor's ratings agency denied the information circulating that the digital currency would break the global financial system. "Electronic currencies are no longer a threat to banks and have no significant impact on the stability of the global financial system because of the collapse of their value," it said in a note published on Monday. "Digital currencies are just a speculative tool," said analyst Mohammed Damak and his team. "Its collapse will not affect the financial market. It is too small to disturb the stability of the global financial system and banks. "Retail…

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Venezuela launches its digital currency to overcome the economic crisis

Venezuela launches its digital currency to overcome the economic crisis

11:29 am 2018-02-20

Venezuela is preparing to launch its own digital currency, like the world's most famous Bitcoin, on Tuesday in light of the economic crisis. Venezuelan President Nicolas Maduro said on his blog via Twitter that the currency would be released at midnight on Tuesday at 7 pm Moscow time. In December, Maduro unveiled the new currency, called Petro, and confirmed at the time that technology would help Venezuela overcome the financial blockade. The currency will be backed by the country's oil reserves. The initial value…

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