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How Might Ripple’s Xpring Be Good News For Apple Pay?

Earlier this month, Ripple made an announcement in which highlighted the start of a new initiative by Ripple, designed provide investments to businesses that could see benefits from an integration of the XRP Ledger. Theoretically, Ripple want to use Xpring to provide growing businesses the opportunity earn investment through and integration of their services within the Ripple blockchain. This will use blockchain technology and digital assets to provide support to businesses invested, by Xpring. According to Ripple: “Xpring is a new initiative by Ripple that will invest in, incubate, acquire and provide grants to companies and projects run by proven...

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Legality Of The Reserve Bank Of Zimbabwe’s Crypto-Ban Called To Question

This month, the Reserve Bank of Zimbabwe (RBZ) weighed in on cryptocurrencies, announcing that they would be making moves to establish a ban on cryptocurrency trading. In an official statement, the RBZ said: “In order to safeguard the integrity, safety and soundness of the country’s financial system, and to protect the public in general, all financial institutions are hereby required to ensure that they do not you, trade, hold and/or transact in any way in virtual currencies.” See our full coverage of this story for yourself, here- https://cryptodaily.co.uk/2018/05/reserve-bank-zimbabwe-say-cryptocurrencies/ Reports out this week state that Golix, the main cryptocurrency exchange in...

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VeChain, Bytecoin And Qtum In Rapid Descent

The downfall of the cryptocurrency markets is continuing today, with all major currencies making substantial losses. This decline is not just isolated within the top ten currencies however, overall, the negative trend has swept through the markets and looks to be introducing the majority of cryptocurrencies to brand new lows. This market ‘hangover’ really is draining the life out of the majority of cryptocurrencies at the moment. Whilst the true impact of this can’t be measured just yet, the value of cryptocurrencies can, the outlook isn’t pretty at all. Of course, some cryptocurrencies are taking bigger hits than others. The...

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0x Up 12% As Paradex Confirm Coinbase Partnership

Big news! Paradex is joining @Coinbase! ? https://t.co/g2VhJBuwPU pic.twitter.com/bmaDcTWUk1 — Paradex (@ParadexIO) May 23, 2018 Breaking news this morning points towards a brand-new partnership between ERC-20 ‘relayer’ Paradex, and famed cryptocurrency exchange, Coinbase. Any partnership with Coinbase is treated as a big deal because as we know, Coinbase is a huge power in the cryptocurrency exchange world. Therefore, this is great news for Paradex which in turn, is even better news for the 0x cryptocurrency. What is Paradex? Paradex is a decentralised cryptocurrency relayer. This therefore acts as a wallet to wallet token transfer system, that facilitates the direct transfer...

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What Goes Down, Must Come Up

Another day, another gloomy outlook. The cryptocurrency markets are looking worse for wear today, with the majority of currencies down for yet another consecutive day. We are seeping into deeper and deeper territory at the moment, with little damage control carried out, many of the major currencies are at risk of falling below significant values, values that may provide some resistance when the markets decide to rise up once again – something that is of course likely to happen, eventually. This downwards trend has peddled the markets since the middle of May, now, as we approach the end of May...

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