Buterin said that Ethereum Classic can be integrated into Ethereum, and 38 out of 100 leading banks work with Ripple

BestChange
2 min readJan 21, 2020

38 out of 100 world’s leading banks work with Ripple

According to XRPArcade, at least 38 out of 38 world’s leading banks have tested or already implemented the system of international transfers Ripple, or are investing in it. The largest among Ripple’s partners is the Japanese holding MUFG whose asses are above $2,5 trillion.

Bank of America, the British HSBC and French Crédit Agricole are among other partners of the blockchain payment system.

38% of companies got hit by crypto-mining attacks

Check Point Research specialists interviewed IT specialists and senior executives of companies around the world, and it turned out that 38% of them experienced attacks with hidden cryptocurrency mining applications.

“Even though cryptomining declined during 2019, linked to cryptocurrencies’ fall in value and the closure of the Coinhive operation in March, 38% of companies globally were impacted by crypto-miners in 2019, up from 37% in 2018,” — the research says.

Vitalik Buterin: Ethereum Classic can be integrated into Ethereum

Ethereum’s co-founder Vitalik Buterin said that blockchain Ethereum Classic can be integrated into the Ethereum 2.0 eco-system.

“You can just use the same merger process to import the ETC state that is planned for ETH, and then the ETC execution environment code would enforce a different exchange rate vs beacon chain eth, based on the rate at the time of the merger (or some other pre-agreed formula),” — he wrote on Reddit.

Buterin said that the idea can be discussed if the Ethereum Classic community approves it. Earlier ETC underwent a hardfork Agharta for ensuring compatibility with Ethereum blockchain.

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