Cryptocurrency Headlines on Week 16, 2018 - Part 1

in #news8 years ago

crypto news.jpg

Headlines:

  1. Russia: Crypto Bill Review Regulates Crypto-Fiat Transactions Over $9.6K, Report Says

  2. Citizen Zuck: Facebook Claims To Protect Us From Scams, But Who Will Protect Us From Facebook?

  3. Central Bank Of Kenya Warns Banks Against Dealing In Crypto

  4. Vietnam Toughens Measures On Crypto Amid Suspicion Of Biggest Scam In Industry History

  5. XRP ‘Absolutely Not’ A Security Says Ripple Chief Market Strategist

  6. Bank Of America Seeks Patent On Blockchain-Based Data Storage System

  7. ‘China’s Google’ Baidu Launches Blockchain-Based Image Rights Protection Platform

  8. World’s Second Largest Crypto Exchange OKEx Moves To ‘Blockchain Island’ Of Malta

  9. China: Blockchain Conference Shut Down By Police, Organizers Claim ‘No Legal Issues’

  10. BitFlyer Exchange Toughens User Verification Amid Watchdog Scrutiny

  11. Mastercard Eyes Blockchain for Fighting Fake Identities

  12. Bitmain Gets Go-Ahead for US Bitcoin Mining Operation

  13. Yahoo Japan Buys Stake in Cryptocurrency Exchange

  14. Bitcoin Exchange Implicates Employee In $3 Million Theft

  15. IT Giant Tech Mahindra Joins India's Early Blockchain 'Bulls'

  16. Moody's: Blockchain Could Save US Mortgage Industry $1 Billion

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bitcoin processes the next block of transactions about once every 10 minutes. Given that in the Bitcoin network, a transaction is added to the block system only after checking with about six miners, processing may take about an hour.

Yes, it is still much faster than existing bank cross-border transfers, but rather slowly compared to other crypto-currencies.

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