Bitcoin Magazine Tabit Insurance Raises $40 Million Bitcoin-Funded Insurance Facility Tabit Insurance SCC has announced the capitalization of a $40 million insurance facility, funded entirely in Bitcoin, according to a press release sent to Bitcoin Magazine. This marks the first time a property and casualty (P&C) insurer has held all of its regulatory reserves…

Move could sharply increase levies on China and India, major purchasers of Caracas’s crude

XRP (XRP) has dropped nearly 30% since hitting a seven-year high of $3.39 in January. Still, bullish news—like Ripple’s potential resolution in the SEC lawsuit and a new license in Dubai—has fueled a rebound. As of March 24, XRP was trading for as high as $2.47, up 38% from its year-to-date low of $1.79. XRP/USD…

Chinese electric vehicle company has benefited from rising demand for plug-in hybrids in its domestic market