Daily, May 15, ’18

Daily, May 15, ’18

Ripple, HSBC, Gemini, Consensus, BitPay, IBM, Russia, OKEx, Steve Eisman

  • Ripple continues to develop its empire and officially launches Xpring, a new investment initiative that will help finance entrepreneurs in exchange for using XRP and XRP Ledger.
  • The HSBC financial services provider today announced that it was using Blockchain technology for the first time for a trade finance transaction for agri-food trading company Cargill.
  • Gemini added Zcash, as well as coins Bitcoin Cash and Litecoin. In Zcash, users will be able to make their deposits from Saturday, May 19, and trade in pairs with the dollar will begin on May 22.
  • ‘Bankers Against Bitcoin’ organized a protest against bitcoin, which was held on the day of the Consensus 2018 opening. In fact, they were the supporters of bitcoin who wanted to demonstrate that the traditional financial sphere is losing its positions.
  • Joel M. Greenberg, Seminole County’s Tax Collector, announced that they now accept Bitcoin and Bitcoin Cash for taxes payments, driver license and ID card fee, tags and titles through BitPay.
  • IBM partners with Veridium Labs to allow companies track their carbon credits via blockchain.
  • The Russian Ministry of Finance will create a register of cryptocurrency investors who will have to disclose their personal data in order to participate in the local ICOs and operate on the local exchanges.
  • Chris Lee, OKEx CEO, resigned in order to ‘start a new life’, which coincided with news that OKEx turnover had reached over $2 bln in trades in the past 24 hours.
  • Steve Eisman, who became famous after he successfully managed to make millions shorting subprime mortgages ten years ago, doesn’t see what is the real value of cryptocurrency.
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