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Major Private Indian Bank Partners With Ripple for Cross-Border Remittances ! other crypto news

This is a daily round up of important blockchain and crypto news between March 29, 2019 and March 30, 2019 . The focus is on important news around developments in the blockchain space, on exchanges and crypto projects.

 Please note that this is neither the only nor the exhaustive list, we are constantly trying to improve the feed and if you have any feedback, please feel free to contact us


1. Crypto Exchange Bithumb Reportedly Hacked of Almost $19 Mln in EOS, XRP

Today, March 30, crypto exchange Bithumb posted on Twitter that their cryptocurrency withdrawals and deposits have temporarily been paused.In an explanation linked to the tweet, the exchange writes that at 10:15 (time zone unknown) on the 29th, they detected what they describe as abnormal withdrawals through their monitoring system. Read more

2. Chinese Shipping Giant to Explore Blockchain for Upstream Supply Chain Financing

China Shipbuilding Industry Company Limited (CSICL) is going to explore how it can apply blockchain to financing its upstream suppliers. CSICL is a subsidiary of one of the two largest Chinese shipping conglomerates, China Shipbuilding Industry Corporation (CSIC). CSICL signed a strategic cooperation agreement on supply chain services with Shanghai Bank.Read more

3. Major Private Indian Bank Partners With Ripple for Cross-Border Remittances

The partnership with Ripple comes as part of a wider initiative to apply new technologies to the bank’s remittances network. Also on March 28, Federal Bank launched two remittance platforms in the United Arab Emirates (UAE) for making payments to India.One of the platforms will purportedly allow non-resident Indians in the UAE to send money through exchange houses and banks using the Virtual Payment Address of the recipient. Read more

4. Canadian Municipality Set to Accept Bitcoin for Property Tax Payments

A municipality in Canada is set to accept bitcoin for property tax payments starting next month as part of a one-year trial. Starting April, approximately 36,000 residents of the town will now see bitcoin (BTC) as a payment option on the municipality’s website. Other cryptocurrencies like bitcoin cash (BCH), ether (ETH), litecoin (LTC) and XRP could also be added in the future, according to the statement. Read more

Disclaimer: The news articles cited or sourced are from platforms other than Coin Crunch India. CoinCrunch.in does not endorse nor support views, opinions or conclusions drawn in these articles. CoinCrunch.in is not responsible for or liable for any content, accuracy or quality within these articles. Readers should do their own due diligence before taking any actions related to the content. Coincrunch.in is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any information from the articles below.

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