28. Where now for Ripple? & Blockchain gets all Zuck’ed up
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We begin this week's news by discussing Mark Zuckerberg's interest in decentralisation, as he made it his 'challenge of the year' to study how it could 'fix' Facebook. Speaking of Zuck, XRP (Ripple's crypto-currency) had an incredible run up peaking at over $3.80, making Ripple co-founder Chris Larsen actually wealthier than Mark Zuckerberg for a short period of time. This massive run saw Ripple monetarily become the second largest crypto asset in terms of market cap, so, as you can imagine Simon and Colin discussed the project at great length! Regulators are always a hot topic in the crypto sphere and this week was no different as Texas regulators ordered Bitconnect to cancel their token sale. We also saw Visa drop their cryptocurrency backed debit cards due to violation of operating regulations, which had users scrambling. Tying into 'dropping users', Bittrex, Binance and Bitfinex all halted new user sign ups due to incredible demand. Binance in particular claimed that they were seeing over 250,000 new…