Visa Files for Digital Currency Patent
The patent filed in November 2019 said this invention will bridge the advantages of cryptocurrency to fiat currency provided by central banks.
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Global
Users Removed $200 Worth of Bitcoin on Exchanges
If users are moving their Bitcoins outside exchanges, it could mean they are holding to these assets for a longer period of time.
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Stablecoin Supply Exceeds $10 Billion
Tether (USDT) continues to dominate, representing 85% of the total stablecoin supply. USDC follows at a very distant second (7.2%).
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Telegram Abandons Gram Token Project and Open Network (TON)
Telegram CEO Pavel Durov announces it is discontinuing the Telegram Open Network (TON) and the GRAM token after a regulatory battle with the US Securities and Exchange Commission (US SEC).
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Ripple Co-Founder Sold 1.8 Million XRP a Day in April 2020
News site The Crypto Associate commented that McCaleb’s constant sell pressure is creating a daily price suppression for XRP.
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Crypto Tracker App Blockfolio Fixes Security Hole Quietly
Popular crypto tracking app Blockfolio patched a security vulnerability that, if left alone, could have potentially put their users at risk.
Read more Report: Quiet Q1 2020 for Ripple-MoneyGram Partnership
The MoneyGram CEO stated that what they have with Ripple is a “good partnership” and he expects they will generate profits on “new services and new corridors”.
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Bitcoin Wallets with 0.1 BTC is increasing
As the bitcoin halving draws near, a new report suggests that the number of users with at least 0.1 BTC (Php 44,000 when this is written) is increasing.
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Research Suggests Ransomware is Down Due to COVID-19
The number of successful ransomware attacks has decreased to a level not seen in several years.
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Ripple Sues YouTube for Allowing XRP Giveaway Scams
The lawsuit concerns scams on YouTube that entice investors to send XRP to specific wallets in exchange for a bigger amount of XRP in return.
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