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Search Results for: ripple

LuLu Exchange Partners With Federal Bank to Enhance Cross-Border Payments

-LuLu Exchange partners with Federal Bank to enhance cross-border payments into India through RippleNet Cloud.-However, the new three-way partnership with the Federal Bank will help innovate new pathways in the payment service arena in India.   -Moreover, many people continue to exchange money using payment services even during pandemics. LuLu Exchange partners

February 12, 2021 2 mins read

Flare Network Spark Airdrop for XRP Holders, Only 2 Days Left

Flare airdrop and free Spark tokens made XRP propel. Full list of cryptocurrency exchanges supporting Spark airdrop. Coinbase does not plan to give Spark tokens until an unspecified date. Spark tokens will be available for claiming after December 12, 2020, at 00:00 AM UTC. Flare airdrop and also providing free

December 10, 2020 2 mins read

Australian First Crypto-friendly IPO Firm Will Accept Tether

Stax, an Australian crypto-friendly capital raising platform announced that West Coast Aquaculture (WCA) will conduct its first Initial Public Offering (IPO). WCA is a company that operates an aquaculture farm in Australia. It will allow investors to participate in its IPO purchase equity using the cryptocurrency Tether (USDT) or Australian

October 29, 2020 2 mins read

Gemini Executive Julian Sawyer Joins Bitstamp as New CEO

Bitstamp made an announcement that Julian Sawyer has been joined as Chief Executive Officer of the company, as it’s co-founder and former CEO Nejc Kodrič moves into a new advisory role on the company’s Board of Directors. Julian Sawyer, who currently serves as the managing director of the UK and

October 22, 2020 2 mins read

XRP Investors Reveals Strategy to Identify Highly Profitable Crypto

Crypto Bitlord identifies macro trends as part of his strategy to identify highly profitable cryptocurrencies. According to the analyst, Polkadot and Kusama could be projects with great potential. The early XRP investor, Crypto Bitlord, remembered in the 70th edition of Going Parabolic the days before the all-time high of the Bitcoin price and

October 1, 2020 3 mins read

Fisco Sued Binance for Illegal Laundering Over $9M

Fisco representatives filed a complaint on Binance in the Northern California District Court for the stolen funds from Zaif seeking the return of over $9 million. In the 2018 hack, Fisco, the Japanese exchange has lost nearly $60 million worth of crypto. This includes some units of Bitcoin (5966), Bitcoin

September 15, 2020 2 mins read

Stablecoin Market Gains $100M Per Day, USDT Surpasses XRP

Stablecoin marketcap increases by $100 million every single day, and the world’s largest stable coin Tether (USDT) outperforms Ripple (XRP) by marketcap. A stablecoin is a cryptocurrency pegged to other assets like the dollar or the euro. The current supply of stablecoins has been increasing by roughly $100 million daily

September 5, 2020 2 mins read

South Korean Crypto Exchange Coinbit Seized for $84 M in Wash Trade Allegations

South Korea cryptocurrency exchange Coinbit seized by police for allegedly making false transactions to obtain 100 billion won ($84m). As per the report from Seoul Shinmun, South Korea’s oldest newspaper, police accused Coinbit Owner Choi Mo and other managers for handling multiple accounts, controlling cryptocurrency prices, and raising transaction volume. 

August 29, 2020 2 mins read

Bitmex Restricts Ontario Residents As Mandated By Candian Regulators

Bitmex, a cryptocurrency derivative exchange will restrict access to users from Ontario, Canada, starting from Sep. 1, 2020, restrictions are mandated by the Ontario Securities Commission (OSC). The Ontario Securities Commission (OSC), an independent Crown corporation,  responsible for regulating the capital markets in Ontario. OSC’s statement comes not long after

August 26, 2020 2 mins read

Google, Facebook, Twitter Face $300B Class-Action Lawsuit for Crypto Ads Ban

The social media giants Google, Facebook, and Twitter are facing a $300 billion class-action lawsuit by cryptocurrency entrepreneurs, individuals, and companies for banning crypto and blockchain ads. JPB Liberty said, “A class action will be brought in the federal court of Australia against the social media giants’ Australian subsidiaries and

July 26, 2020 1 min read