Ripple’s XRP Sell-Offs ‘Negligible’ Says CTO as Crypto Stays 95% Down

A week after Ripple claimed 2019 was its “strongest year,” its relationship to the badly underperforming XRP is back in the spotlight. A senior executive at blockchain payment network Ripple has publicly defended the company against fresh criticism of its associated cryptocurrency, XRP. In an ongoing Twitter debate, David Schwartz, Ripple’s chief technology officer, rebuffed […]

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Euro-Pegged Stablecoin: The Ultimate Growth Driver for Crypto-Lending

Euro-backed stablecoins could make a digital currency truly borderless and more global than ever before. We live in the days of next-generation digital money emergence. Ultimately, the world lacks a clean balance sheet and an asset that has significant appreciation potential to create more loans against it. ​Euro-backed stablecoins can help boost the crypto-lending sector […]

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Bithumb Crypto Exchange Reportedly Considers Litigating $68.9M Tax Bill

Major South Korean crypto exchange BitHumb considers administrative litigation over $68.9 million tax bill. Major South Korean cryptocurrency exchange Bithumb is reportedly looking to undertake administrative litigation over an $68.9 million (80 billion won) tax bill. English-language local news outlet KoreaHerald reported on Dec. 29 that the local tax agency has handed down over 80 […]

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United Nations Must Embrace Blockchain: UN Secretary-General

United Nations secretary-general António Guterres said the organization must embrace blockchain technology. United Nations (UN) secretary-general António Guterres said the organization must embrace blockchain technology. According to a Dec. 28 Forbes report, Guterres believes that blockchain should be among the technologies used by the UN.  “For the United Nations to deliver better on our mandate […]

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