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Western Union Confirms Testing Ripple Technology For Money Transfers

The financial services provider Western Union (WU) is testing transactions with the use of Ripple’s(XRP) Blockchain-based settlement system, the company’s Chief Financial Officer Raj Agrawal said in an interview with Bloomberg Feb. 14. The globally known money transfer company Western Union confirmed that it is testing Ripple following more than a month of rumor-fuelled speculation that began in early January. …

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DigixDAO (DGD) Price Up 60% Despite Market Drop, Outperforms All Top 100 Cryptocoins

DigixDAO jumps to $791M market cap despite general crypto market downtrend. January 2018 has been a volatile month for cryptocurrencies worldwide, with major news developments including increased South Korean regulation, Facebook banning cryptocurrency advertising, India pushing toward a crack down, and news of Tether and Bitfinex subpoenas. This has served to temper some of the wild …

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Tightening cryptocurrency regulations

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The recent theft of roughly ¥58 billion worth of cryptocurrency holdings from a Tokyo-based virtual currency exchange — the largest-ever heist of its kind — makes the case for more steps to tighten oversight of such exchanges, including stricter security requirements, for the protection of investors. At the same time, …

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