In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
Originally developed to speed up and reduce the cost of cryptocurrency transactions, the technology was first used to work with Bitcoin. However, due to the growing popularity of altcoins, their developers are beginning to realize how necessary this technology is for working with cryptocurrency.
Ripple is confidently moving forward and strengthening its position. According to Bloomberg, Western Union CFO Raj Agrawal announced the start of the process of studying digital currency technology XRP, thereby confirming rumors about cooperation between the companies that had been circulating for about a month. So far, this news has not affected the XRP rate in any way.
In the third edition of the Forbes Fintech 50, a list of the 50 largest fintech companies of 2018, released on February 13, 11 of the 50 companies use blockchain technology or are in some way related to the cryptocurrency market.
According to Reuters, fewer than 100 of the 250,000 taxpayers (or 0.04%) who filed federal tax returns this year using Credit Carma reported income from crypto transactions.
The Lympo platform will take part in the organization of the Danske Bank Vilnius Marathon, which will take place on September 12 this year in Vilnius. 14,000 participants in the 10 km race will be awarded LYM tokens through the Lympo digital wallet.
IBTimes reports that Bitmain is developing Antminer F3, an ASIC miner for Ethereum mining. Production is planned to begin at the end of February, and the device will go on sale approximately in the second or third quarter of this year. As for the price, it will be $2500 - $3000.
Dave Maynor and Jeremiah O'Connor, Cisco researchers, have revealed a phishing scheme that helped scammers make "tens of millions of dollars" in cryptocurrency.
According to a Moody's report released on February 14, two months after CME and CBOE began operating, the launch of futures will likely not affect their credit ratings. Representatives of the rating agency are confident that the measures taken by trading platforms to minimize credit rating risks give every reason to classify the risks as frivolous.
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