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XRP Trades Lower While Ripple CEO Slams Bitcoin and Ethereum


XRP, the token associated with the California-based fintech firm Ripple, is down 1% today, while other major coins dropped 1%-4% today, despite good news from India. At pixel time (13:00 UTC), XRP trades at c. USD 0.233 and is also down 4.9% in a week, increasing its monthly losses to 7.5%....

Ripple Would Be Unprofitable Without XRP Sales, CEO Admits


Brad Garlinghouse. California-based fintech company Ripple would not have been where it is today without the monthly selling from its massive holding of XRP tokens, an admission from its CEO suggests. In an interview with the Financial Times published on Friday, Ripple’s CEO Brad Garlinghouse...

Cryptocurrency Payment Gateway Gocrypto Onboards 1,000 Locations Worldwide


On February 28, Gocrypto CEO Dejan Roljic revealed the payment gateway has officially onboarded 1,000 merchant locations during a recent company update that expanded upon the firm’s growth. Roljic also explained Gocrypto now has several locations in five countries and the company recently...

Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced


Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring...

Binance CEO Urges 'Unfairly Affected' Users to Contact the Exchange


Changpeng Zhao. After a week filled with a variety of technical glitches and performance issues on Binance, CEO Changpeng (“CZ”) Zhao has come out with an update to users where he invites affected traders to follow up with the exchange while admitting that more issues may arise in the future. In...

What a CEO’s Arrest Tells Us of Coin Mixers' Present and Future


The arrest of a Cryptoverse resident has brought to the surface yet again the questions of both the legality and the future of coin mixers, as well as the responsibilities of their developers. As reported yesterday, Larry Harmon of Akron Ohio, the CEO of Bitcoin media site Coin Ninja and founder...

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