Business

Ripple asks court to drop fraud charges
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10 June, 2020

Ripple asks court to drop fraud charges

Attorneys for Ripple said the plaintiff had failed to establish that representations were false.
‘Black’ reward miners steal $6.6M in power from Russia’s energy providers
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10 June, 2020

‘Black’ reward miners steal $6.6M in power from Russia’s energy providers

Illegal block reward mining operations in Russia have reportedly stolen more than $6.6 million worth of electricity from energy producers.
Ghana to begin testing central bank digital currency
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10 June, 2020

Ghana to begin testing central bank digital currency

Ghana has been working on a digital currency for months now, and as the deputy governor of its central bank...
Saudi Arabia uses blockchain to inject funds into local banks
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10 June, 2020

Saudi Arabia uses blockchain to inject funds into local banks

Saudi Arabia’s central bank has revealed that it used blockchain to inject liquidity into local banks as part of its...
Chinese bank issues $17M in commercial paper via blockchain
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10 June, 2020

Chinese bank issues $17M in commercial paper via blockchain

Zheshang Bank’s use of a blockchain illustrates how the technology can be used to enhance traditional financial product transactions.
Coinbase dangles analytics tool in bid to align with US feds
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9 June, 2020

Coinbase dangles analytics tool in bid to align with US feds

Coinbase has offered to license out its analytics platform to the U.S. Internal Revenue Service and the Drug Enforcement Administration.