Changpeng Zhao CZ, CEO of the world’s largest cryptocurrency exchange Binance, said that blockchain scalability is “a largely solved problem for new blockchain projects.” However, his views did not sit well with Ethereum co-founder Vitalik Buterin who strongly disagreed with him. Zhao delivered his comment on the 21st of August 2019. This was in response...Read More
Apple officially launched its Apple Card payments service to US customers. Also, introduced its Daily Cash rewards program and other benefits. As per the announcement, iPhone users can easily apply for the Apple Card through the phone’s wallet app. Hence, start using it right away in stores, apps, and websites accepting Apple Pay. The Apple...Read More
Blockchain voting is an essential upgrade to US elections, 2020 presidential candidate Andrew Yang has said. Yang: Standing In Line To Vote ‘Ridiculous’ Currently causing a buzz on social media, Yang’s proposal would see traditional in-person voting replaced by a Blockchain alternative. It forms the latest in a series of policy stances for the Democrat,...Read More
Ethereum hasn’t done too well over the past year. Since peaking at $1,400 and nearly “flipping” Bitcoin, the cryptocurrency has embarked on a steep downtrend, shedding a large majority of its value as demand has tapered off.In fact, one ETH is now valued at under 0.02 BTC — a level not seen since the pre-ICO...Read More
Stellar Dips Below 0.06689 Level, Down 3% Investing.com – Stellar fell bellow the $0.06689 level on Wednesday. Stellar was trading at 0.06689 by 06:48 (10:48 GMT) on the Investing.com Index, down 3.25% on the day. It was the largest one-day percentage loss since August 21. The move downwards pushed Stellar’s market cap down to $1.35609B,...Read More
One of the leading Cryptocurrency exchange Binance announced to adjust the daily interest rate for borrowing USDT to 0.0275% from the previous rate 0.0225%, starting from 2019/08/22 0:00 AM (UTC). The platform also mentioned that after the above time, all existing borrowed USDT balances will have the daily interest rate automatically updated. Previously, on August...Read More
American investor and Morgan Creek Digital Assets co-founder Anthony Pompliano appeared on CNBC on August 20th. According to him, there is a lot of infrastructure making Bitcoin. Basically, to come out as a long haul asset in the global economy. During the course of interview, Kernen the host at CNBC asked Pomp whether he believed...Read More
Emails have become an essential part of our working and personal lives. But some people have found ways to exploit emails to spread viruses and other malware. One out of every 99 emails is a phishing attack; in a 5 day work week, this amounts to 4.8 phishing emails per employee. Business could even be...Read More
Apple officially launched its Apple Card payments service to the US customers along with introducing its Daily Cash rewards program and other benefits. As almost every tech giant is flexing its muscles to grab a share of the payments industry, Apple is no different! On Tuesday, August 20, the Cupertino-based tech giant officially launched the...Read More
Bitcoin miners in China already have to deal with a government that wants to stamp out their industry. Add to that natural disasters such as flooding and landslides, and they have a full plate to contend with.Sichuan Bitcoin Farms Hit by FloodsAccording to government services, monsoon flooding in China during July and August has claimed...Read More
E-cash inventor David Chaum has unveiled yet another cryptocurrency which he says is resistant to quantum computer attacks. Chaum plans for quantum armageddon In a blog post issued Aug. 20, Chaum championed the new offering, Praxxis, which has seen a six-month development process. The new blockchain follows on from Chaum’s Elixxir project, which debuted in...Read More
The European Union is actively probing Facebook’s Libra digital currency project for competition law violations, mainstream media report. Facebook’s Libra Has ‘Potential Anti-Competitive Behavior’ According to Bloomberg, which cited official correspondence August 20, the European Commission is quizzing Libra participants via a dedicated questionnaire. The document originally appeared earlier this month, and forms Libra’s latest...Read More
In today’s article, we will be looking at some factors and past price trends in order to formulate a Cardano (ADA) price prediction for August 2019. Short Cardano Description ADA is the native cryptocurrency of the Cardano platform, the first blockchain project that was developed based on a scientific philosophy, and the only one developed...Read More
A1 Telekom, one of the largest mobile network operators in Austria, is reportedly planning to take cryptocurrency payments at some of its store locations. Established in 1881 and headquartered in Vienna, A1 currently serves around 2.1 million fixed (home) lines and 5.1 million mobile connections throughout the European nation. The company will be testing crypto...Read More
The Dow Jones surged on Wednesday as Wall Street gambled that the Fed would execute titanic interest rate cuts in the coming months. | Source: AFP PHOTO / Stan HONDA By CCN Markets: The Dow executed a swift recovery on Wednesday, erasing its previous-day losses as Wall Street doubled down on its belief that the...Read More
The ‘IAMAI Vs RBI’ case took an unexpected turn, as the Supreme Court was met with several arguments from the petitioners’ end about the RBI’s jurisdiction where the petitioner presented the court with the exchanges’ plea asking a reconsideration of the ban. Justice Nariman said Exchanges are not asking to uplift the ban, but they...Read More
The supreme court hearing on Crypto vs RBI resumed on August 21 with RBI’s counsel, Shyam Divan, reading the IMC report pointing out the disadvantages of Crypto. During the course of arguments, the judge interrupts and asks how you are concerned with consumer protection, it is not your concern. It is Govt. concern and not...Read More
The international money transfer market is not merely big, it’s enormous. The foreign currency exchange trade volume reaches $4.8 trillion on an average day and last year global remittances to low and middle-income countries reached the record $529 billion. This number will, no doubt, keep growing as the globalization makes it easier for people to...Read More
Cardano price trend was bullish for the last couple of days; witnessing a fall since today morning ADA coin has recently broken below $0.048, heading towards further lows Cardano has traced a bearish trendline, which may pose as a resistance Cardano coin was having a bull-run from 18th August and today, it seems, it is...Read More
View Bitcoin quickly fell from $10,842 to $10,082 earlier today, confirming a rising wedge breakdown on the hourly chart. The bearish reversal pattern has opened the doors for a retest of $9,467 (Aug. 15 low). On the way lower, prices may find support at the 100-day moving average, currently at $9,882. The average served as...Read More
U.S. Secretary of State Michael Pompeo has said he believes that cryptocurrencies should be regulated in the same way as financial institutions. In an interview with CNBC’s Squawk Box on Tuesday, Pompeo was asked how best to regulate Facebook’s Libra or bitcoin. He responded: “My sense is this: We should use the same framework that we...Read More
Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project. A document seen by Bloomberg indicates that the European Commission is “currently investigating potential anti-competitive behavior” by the Libra Association. The report describes the document as a questionnaire suggesting the commission is concerned that Facebook’s planned digital payment system could unfairly...Read More
As soon as Bitcoin dropped below the $10,600 level and failed to climb over heavy resistance, it demonstrated a steep fall to $10,068 within a span of minutes. According to some analysts, the drop could possibly signal a short term trend line breakdown if the asset fails to close above $10,200. Even though yesterday we...Read More
Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether is enduring its first mainstream bear market, just as Bitcoin did back in 2014-15. Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet...Read More
American investor and Morgan Creek Digital Assets co-founder Anthony Pompliano says that Bitcoin will end up in every institutional investor’s portfolio. American investor and Morgan Creek Digital Assets co-founder Anthony Pompliano says that Bitcoin will end up in every institutional investor’s portfolio. In an interview with CNBC on Aug. 20, Pompliano said that every single...Read More
Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government projects. Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government projects. Arab News reported on Aug....Read More
A partner at venture capital firm Blockchain Capital says Bitcoin is a safe haven in the long run but it might not withstand severe crises. Spencer Bogart, a general partner at venture capital firm Blockchain Capital, thinks that Bitcoin (BTC) will be a safe haven in the long term. However, he has a nuanced view...Read More
Grant Thornton, the liquidators of hacked New Zealand Bitcoin exchange Cryptopia, have released an update on the progress made thus far. Cryptopia Used Co-mingled Crypto Wallets According to a statement released on its website on Wednesday (August 21, 2019), Cryptopia didn’t use individual crypto wallets. Instead, the Bitcoin exchange platform pooled customer funds into co-mingled...Read More
A market wide dump this Wednesday has seen $15 billion exit crypto markets as Bitcoin leads them back down again. The choppy conditions have continued and BTC has remained range bound for now but this could be its fifth foray into four figure prices.Weekly Crypto Gains Wiped OutSince the weekend, BTC has been steadily gaining...Read More
One of the leading Facebook Owned Messaging platform Whatsapp, is currently planning to launch Digital payments in Indonesia. The platform is in talks with different digital payments firms as well as a state-owned bank to launch digital payment. It aims to tap the nation’s fast growing e-commerce sector. According to the reports , WhatsApp is currently...Read More
