Daily Crypto News;
Russian Blockchain Alliance Publishes Whitelist Of Crypto Companies
Daily Crypto News Russia's blockchain and cryptocurrency alliance has created a registry of firms that offer blockchain and crypto-related products or services in the country.
The white list, published by the Russian Association of Cryptocurrencies and Blockchain (RACIB), includes the names of companies which are involved in cryptocurrency mining, investment, training, marketing, legal, and initial coin offering (ICO) related services.
The white list includes more than 50 companies, which are "trusted organizations which have already passed the verification procedure," according to RACIB.
The firms' entry into the registry is made possible only after successfully undergoing a three-stage verification procedure. They are, "certification for traders of crypto assets," "certification for mining equipment suppliers" and "certification for mining farms."
RACIB estimates that crypt-blockchain firms have lost more than $4.3 million from fraudulent schemes organized by scammers and incompetent companies, which never took off.
Ripple Appoints New Senior Vice President for Business & Corporate Development
Daily Crypto News San Francisco-based tech enterprise Ripple has appointed Facebook’s former global director of Financial Services & Payments Partnerships Kahina Van Dyke as its new senior vice president of Business & Corporate Development.
With over two decades of experience in banking and technology under her belt, taking on key roles within the traditional financial services industry as she works with the likes of Citibank and MasterCard, Van Dyke will now be sitting as Ripple’s new SVP for Business & Corporate Development, as she drives more strategic partnership for the tech company.
In an announcement published Wednesday, Van Dyke discussed the most challenging issues of cross-border payments, as she told Ripple in an interview: Read More
Rumors of Bitcoin Ransom Demand Mar South African Abduction Case
Daily Crypto News Police are in hot pursuit for a businessman who was abducted close to his offices in Cape Town. Sources say that a ransom of 50 Bitcoin has been demanded in exchange for the man’s freedom.
According to a July 11 report by News24, Liyaqat Parker has been abducted by five armed men on Monday at his office in Parow, Capetown. Since the kidnapping, rumors have circulated that a ransom has been demanded in exchange for the businessman’s safe return.
Meanwhile, a report from another news outlet Netwerk24 states that the ransom demand was made through an email sent on Tuesday. Read More
Abra Now Supports Bitcoin Purchases Through Credit Card
CFTC Goes After CabbageTech Owner Patrick McDonnell in Crypto Fraud Case
While the case of the CFTC or the Commodity Futures Trading Commission against CabbageTech owner and alleged crypto-fraudster Patrick McDonnell is being wrapped up in court, the hearings in New York regarding the case have been anything but simple.
McDonnell allegedly defrauded investors out of almost $500,000 according to a lawsuit filed by the CFTC in January. As such, the regulator is seeking a permanent injunction against the owner of CabbageTech.
There have been notable developments on the regulatory front regarding the case such as a ruling backing the agency’s argument of cryptocurrencies being a form of commodity from March. Read More
The post Daily Crypto News ; Russian Blockchain Alliance Publishes Whitelist Of Crypto Companies appeared first on FandomFare.