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R3 v. Ripple Lawsuit To Be Decided In NY As XRP Loses Its Appeal To CA Court

R3 v. Ripple Lawsuit To Be Decided In NY As XRP Loses Its Appeal To CA Court

BITCOIN
Please share if you find this article interesting. R3 v. Ripple Lawsuit To Be Decided In NY As XRP Loses Its Appeal To CA Court Ripple Labs Inc., the company behind the Ripple settlement system, has lost its opportunity to hold the court hearing over a contested contract with its rival R3 in its home state, California, Bloomberg reported March 13. In September 2017, the R3 consortium filed a lawsuit in Delaware and New York against Ripple, claiming that the latter had violated a prior agreement between the two companies about the purchase of XRP digital currency. The contract included an option allowing R3 to buy up to 5 bln XRP tokens at a price of $0.0085 each at any time before the end of 2019. Ripple further filed a counterclaim in California, accusing its former partner of i...
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US: Wyoming Set Precedent By Creating New Asset Class For Cryptos, Hopes to Inspire Feds

US: Wyoming Set Precedent By Creating New Asset Class For Cryptos, Hopes to Inspire Feds

BITCOIN
Please share if you find this article interesting. US: Wyoming Set Precedent By Creating New Asset Class For Cryptos, Hopes to Inspire Feds The US state of Wyoming has now created a new class of assets in defining cryptocurrency as “Utility Tokens”, reports Forbes March 13. As previously reported by Cointelegraph, the Wyoming state legislature passed House Bill 70 on March 6, which effectively exempts crypto from state securities regulations. The bill was signed into law by Governor Matt Mead March 8. The new law excludes developers and sellers of tokens from state securities laws under the condition that they meet a certain number of caveats, namely that it must be used as a token for the exchange of goods and services and must not be marketed as an investment. Co-founder of the
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World’s Central Bank: Crypto Could Risk Bank Runs – Bitcoin News

World’s Central Bank: Crypto Could Risk Bank Runs – Bitcoin News

BITCOIN
Please share if you find this article interesting. World’s Central Bank: Crypto Could Risk Bank Runs - Bitcoin News Featured How many central banks are actually considering their own version of cryptocurrency is unclear, Russia and Venezuela being the most infamous examples. To perhaps ward off serious consideration from more established economies, the Bank for International Settlements (BIS), the world’s central bank to central bankers, is suggesting state-backed crypto might destabilize commercial banks’ customer deposits, negatively impacting the “efficiency of financial intermediation.” Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Central Banks Warned About State-Backed Crypto Chairs of two BIS working groups, Klaus Löber (European Central Ban
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EOS, Cardano and Tezos: Sleeping Giants Starting to Stir – Bitcoin News

EOS, Cardano and Tezos: Sleeping Giants Starting to Stir – Bitcoin News

BITCOIN
Please share if you find this article interesting. EOS, Cardano and Tezos: Sleeping Giants Starting to Stir - Bitcoin News Altcoins EOS, Cardano and Tezos are cryptocurrency’s big sleepers. The latter project has lain dormant since last summer while its legal troubles played out, while EOS and Cardano have been beavering away, but have yet to produce the goods. With signs that all three projects are now stirring into life, investors might finally see a return. The question is, which of these sleeping giants – if any –  can lay a glove on Ethereum? Also read: Kathleen Breitman: Tezos Will “Go Rogue” and Launch Soon Ethereum’s Party Poopers Are Late to the Party Assessing the merits of EOS, Cardano, and Tezos is impossible without assessing the merits of Ethereum. Its shadow l
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PR: Credits.Energy – New Revolutionary Cryptocurrency with Mobile Mining App Aims to Support GREEN Energy – Bitcoin News

PR: Credits.Energy – New Revolutionary Cryptocurrency with Mobile Mining App Aims to Support GREEN Energy – Bitcoin News

BITCOIN
Please share if you find this article interesting. PR: Credits.Energy - New Revolutionary Cryptocurrency with Mobile Mining App Aims to Support GREEN Energy - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. New Revolutionary Cryptocurrency With Mobile Mining App Aims to Support GREEN Energy Cred is a new state of the art universal cryptocurrency with its own mobile app that is dedicated to support green energy and solve the pesky issues posed by Bitcoin. Denver, CO. March 2018. A new unique cryptocurrency is all...
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Platform Plans to Unite World Karate Community Through Blockchain and Cryptocurrency

Platform Plans to Unite World Karate Community Through Blockchain and Cryptocurrency

BITCOIN
Please share if you find this article interesting. Platform Plans to Unite World Karate Community Through Blockchain and Cryptocurrency Global karate organization BoutsPro aims to bring together an estimated 190-mln strong karate community by using Blockchain. As there are so many different styles of karate, there are many different governing organizations (Such as ITKF, WKF and WFF) overseeing tournaments and rankings. The BoutsPro white paper outlines how bringing all elements together needs a strong fund management system which can generate revenue from multiple sources, for example, sponsorship and advertisements. The company highlights how the teaching of karate differs from other mainstream sports such as football, where players can get started and develop without the need ...
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Survey Finds South Korean Youth the Most Active Crypto-Investors – Bitcoin News

Survey Finds South Korean Youth the Most Active Crypto-Investors – Bitcoin News

BITCOIN
Please share if you find this article interesting. Survey Finds South Korean Youth the Most Active Crypto-Investors - Bitcoin News News A survey released this week reveals that many South Koreans in their 20s are actively investing in digital assets. The region has become a hotbed for cryptocurrency exchanges as more than 2 million South Korean citizens own one of the top digital assets. Also Read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce South Koreans in Their Twenties: The Most Active Crypto-Investors According to the regional publication Yonhap, South Korean residents in their 20s are very active when it comes to cryptocurrency investments and trading. South Korea is Asia’s fourth-largest economy and its become a popular region for trading digital currencie
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Monero Eyes $200 Reversal Target After Hard Fork Delay

Monero Eyes $200 Reversal Target After Hard Fork Delay

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Monero Eyes $200 Reversal Target After Hard Fork Delay The privacy-focused cryptocurrency monero (XMR) has been dumping the last few days on the news developers have postponed a highly anticipated hard fork by six weeks. As of writing, the world's 11th largest cryptocurrency by market capitalization is trading at $258 - down 10 percent in the last 24 hours, according to data source CoinMarketCap. A week ago, XMR was solidly bid around $380, reporting 90 percent gains over lows seen in February as investors seemingly bought with an intention of making free money via the "moneroV" hard fork, originally scheduled for March 15. However, on March 9 the developers announced a delay as requested by users, trading platforms and large min...
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DHL, Accenture Reveal Blockchain Prototype To Tackle Pharmaceutical ‘Tampering’

DHL, Accenture Reveal Blockchain Prototype To Tackle Pharmaceutical ‘Tampering’

BITCOIN
Please share if you find this article interesting. DHL, Accenture Reveal Blockchain Prototype To Tackle Pharmaceutical ‘Tampering’ Logistics giant DHL announced it had partnered with Accenture and created a Blockchain-based supply chain prototype March 12. In a joint press release, the two companies presented a trend report for Blockchain in tandem with what appears to be ongoing plans to introduce the technology to global pharmaceutical supply. “DHL and Accenture created a blockchain-based serialization prototype with nodes in six geographies to track pharmaceuticals across the supply chain,” the release reports. “The ledger tracking these medicines may be shared with stakeholders, including manufacturers, warehouses, distributors, pharmacies, hospitals, and doctors. Lab-simula
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Bitcoin ‘Not The Answer To Cashless Economy’ Says European Banks’ Top Brass

Bitcoin ‘Not The Answer To Cashless Economy’ Says European Banks’ Top Brass

BITCOIN
Please share if you find this article interesting. Bitcoin ‘Not The Answer To Cashless Economy’ Says European Banks’ Top Brass Executives from the European Central Bank (ECB) and Bank of International Settlements (BIS) have said Bitcoin is “not the answer to the cashless economy,” in a statement released March 13. Writing in a commentary on a BIS report into so-called central bank digital currencies (CBDCs), Benoît Cœuré and Jacqueline Loh added that banks should improve remittance options and not necessarily resort to CBDCs. Benoît Cœuré is a board member of ECB and the chair of the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures and Jacqueline Loh is the chair of the BIS Markets Committee. Bitcoin is a “challenge” to be met through enha