Crypto News – 22 July

Tron hits a home run: The Tron community celebrated after it was revealed that its weekly trading volume had surpassed that of Ethereum and EOS

Read more at https://bit.ly/2JUPXZZ

Brian Armstrong on Facebook’s Libra: According to the CEO of Coinbase, Libra can be the key to crypto-adoption on a global scale

Read more at https://bit.ly/2SwbfRD

Ryan Taylor on ‘masternodes:’ Taylor, CEO of the Dash Core Group, in a recent interview has claimed that the implementation of masternodes was one of the biggest innovations of the Dash Network

Read more at https://bit.ly/2XUVh9O

South Korea suffers from crypto-crimes: According to data released by the Korean government, crimes associated with cryptocurrencies have caused a financial loss of nearly $2.3 billion in the last two years

Read more at https://bit.ly/30Hh2Xw

Dan Hedl on Steve Mnuchin’s remarks: According to the Co-founder of Interchange, the Treasury Secretary should not focus on crypto, but should instead focus on the billions of US Dollars used for nefarious activities

Read more at https://bit.ly/2JHh6AN

What is presently the best investment?: In what is good news for crypto-enthusiasts across the world, a recent CNBC market analysis has revealed that Bitcoin and Silver are better market investments than Gold

Read more at https://bit.ly/2xZJuYp

XRP outperforms BTC, ETH: The XRP community celebrated after it recorded the most transactions in the last 24 hours, while also recording a yearly-high in terms of blockchain transactions

Read more at https://bit.ly/2M6YDPB

Massive XRP movement catches the eye: Despite some uncertainty around XRP’s price, over 9 million XRP were moved to Bitstamp from an unknown wallet

Read more at https://bit.ly/30LxSV6

Tim Draper on banks and Bitcoin: According to the billionaire, new tech will always win; despite the fact that banks and financial institutions are ganging up against Bitcoin

Read more at https://bit.ly/2Y4LrNP

Brad Garlinghouse on Donald Trump’s Bitcoin views: The Ripple CEO made news after he revealed that he agreed with President Trump and Secretary Mnuchin’s views, claiming that new techs may be prone to abuse

Read more at https://bit.ly/2YrARop

Bitbns to launch in the UAE: CEO of Bitbns, Gaurav Dahake, revealed that the Indian exchange is soon launching in the UAE, adding that Bitcoin is the best shot at holding money

Read more at https://bit.ly/2JL3DIt

Coinbase CEO on exchange’s goal: According to Brian Armstrong, the San Francisco-based exchange will focus on expanding the cryptocurrency industry as a whole in the next five years

Read more at https://bit.ly/2LzhJhV

Is BitMEX struggling after CFTC investigation?: A day after news broke out that the CFTC was investigating the Arthur Hayes-led exchange, it was revealed that BitMEX’s outflows were dwarfing its inflows by 6 times

Read more at https://bit.ly/2Ylc3hA

Another crypto-exchange bites the dust: Fairx, a crypto-venture whose objective was to set up a ‘national licensed bank,’ revealed on Twitter that it was shutting down owing to a lack of funding

Read more at https://bit.ly/32FgvHk

Grayscale Investments’ new update: According to the investment firm’s latest update, the firm’s total AUM recorded a brief resurgence and climbed to $2.6 billion after the Facebook-Libra hearings before the Senate and the Congress

Read more at https://bit.ly/2SzX2Dh

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