Ripple: Banks Unlikely to Apply Blockchain for Cross-Border Payments in Near Future

Ripple: Banks Unlikely to Apply Blockchain for Cross-Border Payments in Near Future Ripple chief cryptographer David Schwartz claims that banks are unlikely to deploy blockchain to process international payments, citing low scalability and privacy problems, Reuters reports June 13. In an interview with Reuters, Schwartz argued that despite the fact that banks acknowledge blockchain technology’s potential in reducing transaction times and costs, the technology is…

EOS’s Experimental Launch Might Be Putting Investor Money at Risk

EOS’s Experimental Launch Might Be Putting Investor Money at Risk Who do you trust with your private key? That’s the question that may be on the minds of EOS token holders, who while incentivized to help the much-anticipated technology finally go live, haven’t yet done so. As EOS is set up to enable self-governance by its users, it’s these individuals and…

Bitcoin (BTC) Price Watch: One Downside Break After Another

Bitcoin (BTC) Price Watch: One Downside Break After Another Bitcoin Price Key Highlights Bitcoin price has broken below one triangle after another as bearish momentum strengthens. Price is now trading below the descending triangle bottom of $6,700 after previously falling below the symmetrical triangle. This signals that further losses are underway, but oscillators suggest otherwise.…

5 Percent of Monero in Circulation Was Mined Through Malware, Research Finds

5 Percent of Monero in Circulation Was Mined Through Malware, Research Finds A June 11 report by network and enterprise security company Palo Alto Networks has found that around 5 percent of all Monero (XMR) in circulation was mined maliciously. According to the research, the mining has been done via cryptojacking, the practice of using other users’ computers’ processing power to…