Year: 2018

German State Bank KfW Tests Blockchain App for Public Finance Management in Burkina Faso

German state-owned bank KfW will trial its blockchain-driven app in Burkina Faso, where it also funds water supply and sanitation programs. Germany’s major state-owned bank KfW and Burkina Faso’s Ministry of Finance will test a blockchain application for use in public financial management, according to a statement posted Monday, Dec. 17. KfQ, ranked in 2017 […]

Italy: Securities Regulator Suspends Two Crypto Firms for Alleged Scam Investment Schemes

Italian securities watchdog CONSOB has halted two projects for allegedly offering fraudulent crypto investments. The Italian securities regulator, CONSOB, has suspended two projects for allegedly offering fraudulent crypto investment schemes. The 90-day suspensions were reported in an official statement on the CONSOB website published Monday, Dec 17. The Italian Companies and Exchange Commission, or Commissione […]

Tron [TRX] smashes its highest daily transaction record with over 3 million transactions

The week has started with all the cryptocurrencies doing fairly well in comparison to the previous week. This includes Tron, the tenth-largest cryptocurrency by market cap. The coin, which dethroned Monero [XMR], the most sought-after privacy coin, continues to advance in the market, both in terms of ranking and development. The cryptocurrency which is aiming […]

Ripple, XRP could trigger the bull run of 2019 and overtake Bitcoin [BTC]

Opinion XRP has been dormant for a very long time and as the end of 2018 approaches, much-needed news about Ripple’s partnerships with major financial institutions have started erupting in the crypto-space. In addition to the above, XRP and cryptocurrencies are being backed by major players in the financial industries, like the managing director and […]

Report Claims Over 80 Percent of Top 25 BTC Trading Pair Volumes on CMC Are Wash Traded

A new report claims the majority of the top 25 BTC trading pairs listed on CoinMarketCap (CMC) are based upon “grossly” inflated false volumes. A new report from data researchers at the Blockchain Transparency Institute (BTI) claims that the majority of the top 25 Bitcoin (BTC) trading pairs listed on CoinMarketCap (CMC) are based upon […]