Ripple Donates $29 Million XRP to US Public Schools

Ripple, a leading real-time gross settlement system, currency exchange, and remittance network, has announced its $29 million donation in support of public schools in the United States. Helping Educators Inspire the Next Generation Ripple, home to the third largest cryptocurrency by market capitalization and founded by one of the wealthiest individuals in the world, has generously donated $29 million to support public schools in the United States. “Every Rippler, from the executive team to our newest hires, started their careers in one place — the classroom,” wrote the company in an…

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Betrium: A Gambling Platform and Betting Exchange Like No Other

Betrium is poised to take the online gaming/gambling industry by storm with its betting platform that is part bookmaker and part betting exchange. The first gambling platform to offer volatility stabilization and franchising, Betrium is attracting serious interest from investors and would-be partners. Bitcoinist recently sat down with the Betrium team to learn more about the platform and its future holds. Bitcoinist: For our first-time readers who might not be familiar with your platform, give us your 15-second ‘elevator pitch’ on what Betrium is. BT: Betrium is the global sports betting…

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South Korean Exchange Paying Users to Report Illegal Crypto Schemes

The Kakao-backed cryptocurrency exchange Upbit has launched a system to reward users for identifying fraudulent multi-level schemes related to cryptocurrencies. The exchange has already identified and reported 20 such schemes to the police. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Reporting Illegal Schemes South Korea’s largest cryptocurrency exchange Upbit has invited all of its users to use its new system aimed at identifying multi-level, illegal scams posing as cryptocurrencies or initial coin offering (ICO) tokens. Upbit wrote in its announcement recently that the number of illegal…

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Markets Update: Cryptocurrency Prices Begin to Sink Once Again

Cryptocurrency prices have dropped considerably over the past 48 hours since our last markets update. Currently, the entire digital asset ecosystem has lost more than $32 billion since that time, and BTC/USD values have once again dipped under the $8K range.   Also Read: 80,000 New Merchants in Europe Gain Option to Accept Crypto BTC Sees Another Drop Below $8,000 USD Traders are seeing quite a bit of bearish sentiment within cryptocurrency markets as more than 60 percent of the top digital assets are seeing losses. BTC/USD markets are hovering just…

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Crypto Regulator CFTC Chairman Takes Funding Cuts “Incredibly Personally”

The United States’ Commodity Futures Trading Commission (CFTC) has received a $1 million USD budget cut. The announcement has come following the CFTC Chairman, Christopher Giancarlo requested an increase in the regulator’s budget of 12 percent. Also Read: 80,000 New Merchants in Europe Gain Option to Accept Crypto CFTC Request For Funding Increase Answered With Budget Cut It has been reported that the Commodity Futures Trading Commission has received a $1 million dollar cut to its approximately $250 million budget. The agency appears to have taken significant offense to the funding…

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Twitter Confirms Restrictions on ICOs and Cryptocurrency Token Sale Ads

Twitter has confirmed the reports from earlier this month that it will ban ads for Initial Coin Offerings (ICOs) all around the world. From now on any project that is conducting a token sale will only be allowed to run ads on the social network if it can prove it is legally regulated in the targeted country. Wallets and exchanges will also have a high bar to cross. Also Read: Misleading Cryptocurrency ”Partnership” Announcements Are Getting Ridiculous Twitter Restrictions Social networking service Twitter (NYSE:TWTR) has updated its Restricted Content Policies…

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PR: Ubank Launches Blockchain – Based Platform to Enable Mass Consumer Investment in Cryptocurrency

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. Ubank launches a Token Sale for Ubcoin Market, a peer-to-peer ecosystem that would allow its users to become crypto investors simply by selling real goods and receiving cryptocurrency in exchange. The team behind the mobile payments app Ubank expands its business and launches a blockchain…

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Bitfinex Bans Venezuela’s Petro Token

Bitfinex, the largest cryptocurrency exchange, has issued a statement today regarding its restriction of Venezuela’s state-issued Petro Token (PTR). Bitfinex has No Love for Petro Near the middle of February, the government of rapidly-declining socialist country Venezuela launched Petro – the world’s first state-issued cryptocurrency. The cryptocurrency is purportedly backed by the oil-rich South American country’s oil reserves, but many view the project as little more than an attempt at circumventing US-imposed economic sanctions. One such company sharing this view is Bitfinex, the largest cryptocurrency exchange in the world. In…

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Paxful is Leading the Charge of P2P Finance Against Centralized Institutions

Peer-to-peer finance is heralding an economic revolution, and Paxful is leading its charge against centralized financial institutions. The world is changing despite the fact that a large percentage of the populace is unaware of this fact. An economic revolution is taking place online through the auspices of P2P finance that features the buying and selling of cryptocurrency, especially Bitcoin. Paxful, the innovative cryptocurrency exchange, is helping to lead this decentralized revolution against traditional financial institutions. Old Systems Are Failing Banks and other centralized entities have long held a monopoly upon…

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Malta to Become a Cryptocurrency ‘Global Pioneer’ Says Country’s Prime Minister

While a lot of European countries are keeping a distant and rather unfriendly disposition towards the cryptocurrency market, Malta is clearly taking a proactive and welcoming position. Speaking at a political rally in Mqabba over the weekend, Prime Minister Joseph Muscat announced that Malta is in ongoing talks with numerous potential investors from the cryptocurrency field who are interested in relocating their businesses to the country. Binance is Only Leading the Way Back on March 23rd, Binance, one of the world’s most important cryptocurrency exchanges, announced that they were seeking…

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