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Ripple Announces Line-of-Credit Service to Source Capital for Instant Cross-Border Payments

RippleNet customers using the on-demand liquidity (ODL) feature can ask for a Line-of-Credit by purchasing XRP from Ripple on a credit basis. This helps to instantly source capital required by businesses to grow their businesses at scale.On Thursday, October 8, San Francisco-based blockchain startup Ripple Labs Inc announced its new

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Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin

Israeli bitcoiners take note: a handful of Knesset members are seeking to ease Israel’s hefty taxation of cryptocurrencies.Four Knesset members from the nationalist Yisrael Beiteinu party on Tuesday introduced a draft bill that would effectively end Israel’s 25% capital gains tax on bitcoin by redefining certain “distributed digital currencies” as

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Chamath Palihapitiya’s Social Capital Holds Bitcoin From 2013 Amid Talk of Public Listing

A Silicon Valley fund manager holds bitcoin purchased seven years ago as it mulls being publicly traded. Palo Alto, Calif., investment firm Social Capital invested in bitcoin (BTC) in 2013, CEO Chamath Palihapitiya revealed Wednesday in an investment conference call. Bitcoin was trading between $13 and $1,200 in 2013 and today

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