The Future Coin

Bitcoin

$30,571.88

BTC -2.41%

Ethereum

$1,260.82

ETH -1.08%

XRP

$0.25

XRP -4.18%

Litecoin

$124.03

LTC -6.16%

EOS

$2.54

EOS -1.38%

  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • Blockchain News
    • Business News
    • Technology News
    • Policy & Regulations
  • Markets
    • Market News
    • Market Analysis
    • Price Indexes
    • Top Cryptocurrencies
    • Heatmap
  • Opinion
  • Cryptopedia
    • Explained
    • Bitcoin101
    • Ethereum101
    • Bitcoin Cash101
    • ICO101
    • Ripple101
  • Press Releases
No Result
View All Result
The Future Coin
No Result
View All Result
Home Ripple News

3 snippets to begin your day: Reddit and Ethereum, Ripple’s new project and more

by The Future Coin
June 19, 2020
in Ripple News
0
3 snippets to begin your day: Reddit and Ethereum, Ripple’s new project and more
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Reddit is serious about Ethereum

Reddit, the popular social media platform, made waves last month after it announced that it was going ahead with an Ethereum-powered ‘community points’ rewards system. However, while many believed Reddit will go slow, it would seem that it is instead steaming ahead after it partnered with the Ethereum Foundation to invite developers to build ETH scaling solutions.

The popular platform intends to “find a solution that will support hundreds of thousands of Community Points users on mainnet today, and can eventually scale to all of Reddit (430 million monthly users),” a blog added.

For the same, Reddit has invited community members to pitch in with demos that will simulate Community Points usage for 100,000 users, with other members encouraged to vet these proposals to better understand the trade-offs each such solution may have.

Talk about direct democracy, eh?

Another chapter for Global Payments

The global payments scene is getting quicker and more seamless by the day, thanks in no small part to the work of real-time settlement companies like Ripple. In what is yet another milestone for the San Francisco-based company, Ripple has now joined the likes of Huobi and Brave to form the Open Payments Coalition. According to a press release received by AMBCrypto, the Coalition, supported by 39 other members, will also be launching a Universal Payments system dubbed – PayID.

The development was welcomed by every member of the enterprise, with Ethan Beard, SVP of Xpring, Ripple, commenting,

“PayID is the beginning of building and open payments network that is designed for people and simplifies the experience of sending and receiving money.”

The launch of such a payment system will bode well for many industries, especially the remittance sector. With the likes of MoneyGram, Ripple is well-positioned to take advantage of such a system in place.

Lion held at gunpoint

Ransomware attacks aren’t new, neither are the culprits behind such attacks demanding cryptocurrencies in return. The latest such case is that of Australian drinks manufacturer, Lion, after it was hit by two sets of cyber-attacks this week.

The perpetrators behind the said attacks used the REvil ransomware to create backdoors in the beverage giant’s IT and cyber-security infrastructure. The hackers have asked for a ransom of $800,000 in Monero, which, if unpaid by the designated date, will be doubled to $16,00,000.

Incidents such as this highlight the importance of companies investing in the security of their IT infrastructure as hackers are often very keen on targeting conglomerates such as Lion in expectation of huge payoffs. Interestingly, the present example can also be cited to underline the fact that historically, Asian firms and organizations haven’t invested a lot in the security of their critical online infrastructure.

Your feedback is important to us!

Source link

EDITOR’S CHOICE

Blockchain in Pharmaceutical Market In-deep Analysis And Experts Review Report 2021-2026 – The Courier

Best car lifts for home garages in 2021

Is Bitcoin the new Gold? 

10 Reasons To Buy TomoChain In 2021 - Altcoin Projects

Issuance of dematerialised securities using blockchain technology - Starting 26 January 2021, the new law of 22 January 2021 applies!

AP Top Business News at 12:05 a.m. EST - WAVY.com

Best Pick For You

News

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business News
  • Ethereum News
  • Litecoin News
  • Ripple News

Features

  • Market Analysis
  • Opinion
  • Explained
  • Policy & Regulations
  • Top Cryptocurrencies
  • Technology News

Market Tools

  • Market News
  • Price Indexes
  • Bitcoin Price Index
  • Ethereum Price Index
  • Bitcoin Cash Price Index
  • Litecoin Price Index
  • Monero Price Index
  • HeatmapPartner

Cryptopedia

  • Explained
  • Bitcoin101
  • Bitcoin Cash101
  • Ethereum101
  • ICO101
  • Ripple101

© 2020 Coingraph

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • Blockchain News
    • Business News
    • Technology News
    • Policy & Regulations
  • Markets
    • Market News
    • Market Analysis
    • Price Indexes
    • Top Cryptocurrencies
    • Heatmap
  • Opinion
  • Cryptopedia
    • Explained
    • Bitcoin101
    • Ethereum101
    • Bitcoin Cash101
    • ICO101
    • Ripple101
  • Press Releases

© 2020 Coingraph

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
bitcoin
Bitcoin (BTC) $ 30,746.00
ethereum
Ethereum (ETH) $ 1,255.71
tether
Tether (USDT) $ 0.993168
polkadot
Polkadot (DOT) $ 15.74
ripple
XRP (XRP) $ 0.253118
cardano
Cardano (ADA) $ 0.320933
chainlink
Chainlink (LINK) $ 21.37
litecoin
Litecoin (LTC) $ 124.63
bitcoin-cash
Bitcoin Cash (BCH) $ 392.70
binancecoin
Binance Coin (BNB) $ 40.60
usd-coin
USD Coin (USDC) $ 0.997964
stellar
Stellar (XLM) $ 0.242184
uniswap
Uniswap (UNI) $ 14.00
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 30,822.00
aave
Aave (AAVE) $ 269.11
bitcoin-cash-sv
Bitcoin SV (BSV) $ 162.45
eos
EOS (EOS) $ 2.54
monero
Monero (XMR) $ 131.52
havven
Synthetix Network Token (SNX) $ 15.79
tezos
Tezos (XTZ) $ 2.78
nem
NEM (XEM) $ 0.228448
theta-token
Theta Network (THETA) $ 2.05
tron
TRON (TRX) $ 0.028380
celsius-degree-token
Celsius Network (CEL) $ 4.77
vechain
VeChain (VET) $ 0.027206
cosmos
Cosmos (ATOM) $ 7.20
dai
Dai (DAI) $ 0.999325
crypto-com-chain
Crypto.com Coin (CRO) $ 0.066318
neo
NEO (NEO) $ 21.42
compound-ether
cETH (CETH) $ 25.38
okb
OKB (OKB) $ 5.34
leo-token
LEO Token (LEO) $ 1.32
binance-usd
Binance USD (BUSD) $ 1.00
cdai
cDAI (CDAI) $ 0.021008
maker
Maker (MKR) $ 1,345.91
iota
IOTA (MIOTA) $ 0.402041
compound-usd-coin
cUSDC (CUSDC) $ 0.021512
huobi-token
Huobi Token (HT) $ 5.53
dogecoin
Dogecoin (DOGE) $ 0.007839
filecoin
Filecoin (FIL) $ 21.57
dash
Dash (DASH) $ 98.00
solana
Solana (SOL) $ 3.66
sushi
Sushi (SUSHI) $ 7.38
compound-governance-token
Compound (COMP) $ 223.11
zcash
Zcash (ZEC) $ 81.90
avalanche-2
Avalanche (AVAX) $ 11.50
ftx-token
FTX Token (FTT) $ 9.60
yearn-finance
yearn.finance (YFI) $ 28,349.00
kusama
Kusama (KSM) $ 93.41
ethereum-classic
Ethereum Classic (ETC) $ 7.01