Cryptocurrency News

In the latest cryptocurrency news, the general counsel of Ripple, Brynly Llyr, has decided to leave the blockchain payments startup. A spokesperson confirmed the news on Friday, though her departure was already in the rumor mill.

The Supreme People’s Court of China has issued a new set of rules – applicable with immediate effect – related to internet court cases. According to these new rules, Blockchain technology can be used to authenticate electronic evidence in legal disputes.

One of the most high profile cryptocurrency exchanges and wallet service providers in the world, Coinbase is considering launching its own Bitcoin ETF (exchange traded fund). To this end, the company has reportedly linked up with the world’s biggest asset manager, Blackrock Inc.

Bitcoin Diamond’s (BCD) token price skyrocketed by 256% yesterday, despite the fact that the rest of the cryptocurrency markets were in the middle of a massive freefall. Yesterday’s pump is now being attributed to the world’s number 23 cryptocurrency (by market capitalization) being listed on Binance.

The cryptocurrency market was trading steadily in Asia and Europe, however, in the early hours of trading in the US today, at about 5.50am ET (10.50 am BT), the digital asset lost more than $500. This drop in Bitcoin’s prices led to a massive freefall in the entire cryptocurrency market, with all the major cryptocurrencies’ prices plunging.

According to the official post on its website, IBM reported that it is launching a Stellar based payments network called Blockchain World Wire (BWW). The tech giant is going to demonstrate this new network to representatives from international banks at the annual Swift conference that is scheduled to be held in October this year in Sydney.

Walmart has applied for yet another patent, showing how invested the retail giant is in exploring all possible options in Blockchain technology that could help improve its business. This new patent is called Systems, Devices and Methods for In-Field Authenticating of Autonomous Robots.

Three years ago, Microsoft Corporation was the first in the world to link Blockchain and the cloud through its cloud services platform, Microsoft Azure. Since then, the company has been slowly and quietly connecting its other products and services to Blockchain technology.

The Japanese financial regulator, the Financial Services Agency (FSA) is further tightening regulations around Cryptocurrency Exchanges in the country.

There is no doubt that Firefox is among today’s most popular web browser. While it may not be as highly-celebrated as Google’s Chrome, it certainly has a market of its own. Now, it is getting upgraded in order to block crypto mining malware in future releases.