Ripple CEO: Bitcoin Controlled by Chinese, Absurd to Think it Could be Primary World Currency

Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. Also read: Crypto and Virtual Reality Meet in Ken Liu’s Science […]

The post Ripple CEO: Bitcoin Controlled by Chinese, Absurd to Think it Could be Primary World Currency appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Top 3 Industries About to Be Transformed by Blockchain

Blockchain technology represents an emerging sector and new paradigm of technology whose implications are massive. Speculation aside, it is becoming increasingly clear that blockchain is going to revolutionize a number of industries in national and global economies. Here are three such industries where blockchain-led disruption is imminent. 1. Insurance The insurance industry is a mess, […]

Go to Source

Powered by WPeMatico

Calm Before the Storm? Little Fluctuation Among Bitcoin, Altcoins in Past Week

In terms of activity, this past week has been no different than any other in the realm of cryptocurrency. With recent SEC and CFTC statements on cryptocurrency, Ripple’s multi-million dollar research fund, and EOS mainnet launch all taking place this week, the beginning of June has certainly been eventful. However, this has not translated into […]

Go to Source

Powered by WPeMatico

Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies

Thailand Unveils Details of Crypto Regulations, Legalizing 7 CryptocurrenciesThe Securities and Exchange Commission of Thailand has unveiled the details of the country’s regulatory framework for cryptocurrencies and initial coin offerings, including licensing requirements, fees, and a list of seven approved cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Approved Cryptocurrencies The Thai Securities and Exchange Commission (SEC) announced on Friday the […]

The post Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Switzerland Shows the Way: Bank First to Offer Crypto Business Accounts

Switzerland Shows the Way: Bank First to Offer Crypto Business AccountsSwitzerland’s legacy bank, Hypothekarbank Lenzburg, announced this week it was accepting cryptocurrency related businesses as account holders, something many legacy financial institutions outright refuse. Long viewed as a progressive society way ahead of its time, the Swiss are once again leading, … this time it’s doing so in the crypto revolution. Also read: Fidelity Investments […]

The post Switzerland Shows the Way: Bank First to Offer Crypto Business Accounts appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Data Prediction Sites Show More Conservative Cryptocurrency Price Forecasts

Data Prediction Sites Show More Conservative Cryptocurrency Price ForecastsThere are a lot of members within the cryptocurrency industry who have tried to predict the price of digital assets like Bitcoin Core (BTC). Furthermore, there are also a ton of bigwig Wall Street types who also try to predict the price of cryptocurrencies — While some of their BTC forecasts predict the currency’s value […]

The post Data Prediction Sites Show More Conservative Cryptocurrency Price Forecasts appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Former Ripple CTO to Give Ethereum a Run for Its Money with New Startup

Stefan Thomas, the developer who served as Ripple’s CTO until last month, has announced the launch of Coil, a startup that will develop a new model of smart contracts. Making the announcement on his Medium page yesterday, Thomas described the motivation behind founding Coil as the need to build a new business model for the […]

Go to Source

Powered by WPeMatico