One of the biggest advantages Bitcoin has over the traditional financial networks is the low transaction-fee model. This has been amply demonstrated amidst the ongoing furor in the U.S. over the ‘Ukraine Whistleblower’ as fundraising effort on GoFundMe gets underway. Less than a week since a complaint from an anonymous CIA agent alleged that President Donald Trump had sought foreign help in his 2020 re-election efforts, the GoFundMe page opened to assist in meeting the Whistleblower’s legal...
Read More »Ripple’s Xpring Is Now Open Developer Platform
To make sure that Ripple‘s XRP begins to function on a broad basis, Ripple Labs has introduced the Xpring platform in order to enable third parties to be able to use XRP’s Mainnet for different kinds of applications like never before. One year after Ripple announced the existence of the platform, the XRP development team decided to enable just about anyone to be able to create smart applications that use XRP as the main token of execution of transactions.Ripple indicated this in a tweet that...
Read More »#720 Zerbricht Libra von innen, nationale Digitalwährung USA & Coinexchange.io macht dicht
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 720. Heute geht’s um folgende Themen: Vier große Partner der Facebook Coin Libra bekommen kalte Füße, Nationale digitale Währunge in den USA & Coinexchange.io macht aus finanziellen Gründen dicht 1.) Zerbricht Libra von innen? Vier große Partner der Facebook Coin bekommen kalte Füßehttps://cryptomonday.de/breaking-zerbricht-libra-von-innen-vier-grosse-partner-der-facebook-coin-bekommen-kalte-fuesse/ 2.) US...
Read More »German Serial Entrepreneur Marvin Steinberg Discusses the Benefits of STOs
Photo: ShutterstockAn abbreviation STO stands for Security Token Offering. STOs are similar to ICOs but have some fundamental differences. For instance, security tokens are regulated offering like traditional securities and are subject to the same legal compliance requirements. Their key difference is that a security token records the ownership of the investment product on a blockchain.The interest in STO lists has grown recently as startups and established companies are looking for new...
Read More »Broadridge Adds Cryptos and Exchange-Traded Derivatives to Its Portfolio
Photo: Broadridge / LinkedInBroadridge Financial Solutions, a United States-based corporate services company said on Tuesday they are ready to add cryptocurrencies and exchange-traded derivatives capabilities to their offerings. With the acquisition of Shadow Financial Systems, Inc., this service provider that is a famous supplier for public companies that provides them with proxy statements, annual reports and shareholder communications solutions, such as virtual annual meetings – is...
Read More »Visa, Mastercard and Other Major Libra Backers Want to Pull Out from the Deal
Since its launch on June 18, 2019, Facebook’s Libra project has encountered mixed reactions. Now, four payment companies that had joined the social media giant as founding members of the Libra Association are hesitant. They have developed cold foot over whether to formally sign on to the crypto project. The issue was explained by people familiar with the matter.According to a new Bloomberg report, MasterCard, Visa, Stripe, and PayPal are allegedly stalling at officially joining the...
Read More »U.S. Manufacturing Index Hits 10-Year Low and Points to Imminent Recession
There is more than a lot to take in when considering the current economic and political landscape in the United States. Quite recently, an official impeachment inquiry was announced by Nancy Pelosi, the Speaker of the House of Representatives, against President Donald Trump. Long before this, many people including economic analysts and businessmen alike, have been strongly of the opinion that the U.S. is on the verge of a recession and more people seem to be corroborating this. Now apart from...
Read More »Bitcoin Price to Hit $90,000 After May 2020 Halving, Predicts Germany’s Top Bank
One of Germany’s biggest banks, Bayern LB, has just published a report where it pitched Bitcoin against gold, with a very bullish conclusion. According to the Munich-based bank, Bitcoin price will hit $90,000 by 2020, more than 4 times its current all-time high and per the report, the bank believes that Bitcoin will do much better than gold, especially after the upcoming halving next year.In the report titled “Is Bitcoin outshining gold?”, Bayern LB considers the stock-to-flow (SF) ratio. The...
Read More »Morningstar Brings Blockchain into the $117 Trillion Debt Securities Market
Chicago based securities rating firm Morningstar has moved ahead of the rest of the securities ratings agencies to begin rating blockchain-based debt securities which are backed by debt assets in the real-world. Being the first time, a rating agency would attempt such a move, the rating firm already has its hands in the cryptocurrency pie as it has been working on building models that provide accurate methods of rating blockchain-based securities.This move is also an indication that the firm...
Read More »There Are Only 10% Alive ICOs, How Did They Survive?
Out of the multitude of ICO projects, raising money, only a small part actually delivered something that could be called a product. Almost 90% of all ICOs failed. There’s a term in venture capital, “a death valley”, meaning the period from the receiving initial investments to the moment of becoming profitable.Usually, a very small percentage of projects manage to cross the death valley, because every unexpected obstacle can ruin their plans. It happens due to a lack of experience, bad...
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