A new start-up that offers dollar-back digital tokens, Tether, stated a few days ago that its systems had been hacked. This is according to cryptocurrency news site, CoinDesk. The company claims that $30.95 million worth of tokens is gone. A deleted post on its website, Tether wrote, “malicious actions…
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99Crypto
Japan Embraces the Cryptocurrency Movement due to China's Suppression of Digital Currencies
A year ago, China had 90 percent of the bitcoin trade. However, Beijing banned initial coin offerings or ICOs and regulators cracked down on bitcoin exchanges. In September, the bitcoin trade was taken over by another Asian dynamo. Japan realized bitcoin was a legal form of payment and now bitcoin…
American Express and Ripple work Together for Instant Blockchain Payments
NOTE: Ripple’ same day increase was over 10% recently due to their partnering with American Express. Instant blockchain-based based payments have been instigated by American Express. They are using Ripple, a fintech startup, to help U.S. commercial customers pay funds to U.K.-based businesses that bank with Santander…
India's Supreme Court is Calling on the Government to Control Bitcoin
The Hindu reported Tuesday that three justices on India’s Supreme Court sent out notices to the financial market regulator, the tax department, the central bank, and other government agencies requesting answers to an appeal on the bitcoin predicament. The court is concerned, as it said in its original petition,…