$15 Million Property Bought With Bitcoin (BTC), Ripple Reports Surge in XRP Transactions, and Ethereum Upgrade Countdown Begins – Crypto Newsflash

Bitcoin A $15.3 million luxury condo in Manhattan has reportedly been purchased using Bitcoin. According to the real estate outlet The Real Deal, Magnum Real Estate Group sold the property to a group in Taiwan called the “Affluent Silver International LLC.” “To complete the transaction the parties used Bitpay and Read more…

China Spotlights Crypto in State-Backed Media, Calls Bitcoin (BTC) First Successful Blockchain Use Case

China’s state-owned media outlet Xinhuanet has released a report recognizing Bitcoin (BTC) as “the first successful application of blockchain technology.” Chinese state newspaper today (Xinhua) Bitcoin: The First Successful Application of Blockchain Technologyhttps://t.co/85icR9FcAH pic.twitter.com/8ZOF6UBSzw — Matthew Graham (@mg0314a) November 11, 2019 The report provides an extensive overview of how Bitcoin Read more…

One of Peru’s Largest Banks Will Utilize XRP for Cross-Border Payments – The Ripple Effect

Banco Internacional del Peru, commonly known as Interbank, says it’s switching from Ripple’s payment messaging system xCurrent to the company’s XRP-powered payment product called On-Demand Liquidity (ODL). Interbank’s blockchain specialist Joisie Mantilla made the announcement at Ripple’s Swell conference in Singapore. “In Peru, we started thinking about cryptocurrencies when they Read more…

China and France Ink Broad $15-Billion Deal, Spotlight VeChain, Blockchain and Pivotal New Food Platform

The developers of VeChain, a blockchain-powered platform that focuses on streamlining supply chain management processes, is revealing plans to launch Foodgates, a cross-border logistics and trading platform. Announced at this year’s China International Import Expo 2019 (CIIE), the platform is the first cross-continental logistics and trades solution powered by the Read more…

Put a Ring On It: Bitcoin Bull Mike Novogratz Highlights China Effect on Crypto With More Countries Gearing Up for Digital Currencies

Countries are lining up to walk down the aisle with blockchain-based currencies. And the world’s second-largest economy is leading the way with the People’s Bank of China (PBoC) accelerating efforts to launch a digital currency that would allow the government to maintain control of its money supply while appealing to Read more…

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