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China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s petrochemical industry has accomplished the first-ever blockchain-enabled digital warehouse receipt pledge financing transaction to minimize costs for small and medium enterprises (SMEs) in this sector.  Tackling sluggish financing The transaction also deployed the internet of things (IoT) to hasten to finance, as this has been a challenge faced by many enterprises. It involved Nanchu … Continue reading China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby

Democrat House Speaker Nancy Pelosi (D., Calif.) has told the White House it has 48 hours, or until Tuesday, to reach a deal with Democrats if it hopes to provide an additional round of economic stimulus before the elections next month. Senate Democrat Nancy Pelosi has put a hard deadline on the stimulus negotiations between … Continue reading Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby

Ripple CEO Brad Garlinghouse Says Japan or Singapore Could be Firm's New Home

In an interview with Bloomberg on October 21, Brad Garlinghouse, the CEO of financial technology company Ripple Labs, disclosed that the firm has identified Singapore and Japan as the most crypto-friendly countries, followed by Switzerland, the United Kingdom, and the United Arab Emirates. The Ripple CEO said that while the blockchain firm would like to … Continue reading Ripple CEO Brad Garlinghouse Says Japan or Singapore Could be Firm's New Home

Trump Ends COVID-19 Pandemic, according to White House Release

Good news! The Trump Administration has ended the COVID-19 pandemic, or at least according to the list of his accomplishments from the White House Office of Science and Technology Policy. According to the release on Oct. 27, The Trump Administration’s list of science and technology accomplishments credits the White House for taking “decisive actions to engage … Continue reading Trump Ends COVID-19 Pandemic, according to White House Release

Ripple Supporters Appeal to the White House to Classify XRP as a Digital Currency

In a move to support Ripple, XRP advocates have decided to file a petition with the White House asking it to declare the asset a virtual currency. Demands of the Ripple community The movement was led by an anonymous supporter going by the initials of “J.W.” Per the petition, some individuals in the cryptocurrency industry … Continue reading Ripple Supporters Appeal to the White House to Classify XRP as a Digital Currency

Ripple’s Brad Garlinghouse and Chris Larsen File for Motion to Dismiss SEC Lawsuit

Ripple co-founder Chris Larsen and CEO Brad Garlinghouse have filed for a motion to dismiss lawsuits they have received over XRP. Following the SEC’s amended complaint towards the firm, both lead executives have appealed to District Court Judge Analisa Torres, filing for a motion to dismiss the lawsuits they have both been served with by … Continue reading Ripple’s Brad Garlinghouse and Chris Larsen File for Motion to Dismiss SEC Lawsuit

Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder

Bitcoin (BTC) has been on overdrive as it surpassed the psychological barrier of 58k and hit $58,156 on March 11. Even though the leading cryptocurrency has retracted to $56,721 at the time of writing, it has recorded green bullish candlesticks for seven consecutive trading days. Dan Tapiero, the co-founder of fintech and digital asset firm … Continue reading Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder

U.S. House of Representatives to Create Crypto Task Force Joining SEC and CFTC Members

The US House of Representatives passed a bill dubbed “Eliminate Barrier to Innovation Act of 2021” (H.R. 1602). The bill aims to create an entity predominantly made up of employees from two regulatory bodies, the US Securities and Exchange Commission (SEC) and the Commodities and Futures Trading Commission (CFTC), with the goal of overseeing cryptocurrencies … Continue reading U.S. House of Representatives to Create Crypto Task Force Joining SEC and CFTC Members

Brad Garlinghouse Stated that Ripple does not Lag behind Bitcoin's Energy Usage FUD

Since last week, Elon Musk announced on Twitter that Tesla would no longer accept bitcoin as a payment method because of its energy consumption issues. After his statement, Bitcoin (BTC) and other digital currencies fell sharply, which aroused public concern about the environmental degradation of cryptocurrencies. Bitcoin once fell to $30K on May 19, and … Continue reading Brad Garlinghouse Stated that Ripple does not Lag behind Bitcoin's Energy Usage FUD

White House Top Tech Adviser Holds Millions in Bitcoin

Politico media company featured Timothy Wu, a top tech advisor for the Biden administration recently. The media outlets cited a personal financial disclosure that Wu recently filed and estimated that he owns between $1 million and $5 million in Bitcoin. The adviser also owns between $100,001 and $250,000 in Filecoin, which provides decentralised crypto storage services. … Continue reading White House Top Tech Adviser Holds Millions in Bitcoin

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