Crypto news

American multinational megabank, Wells Fargo, has revealed its plans to launch a digitized platform which will be used for internal settlements. The service, Wells Fargo Digital Cash, as well as the company’s own U.S. dollar-backed stablecoin, are slated for debut in 2020 and targeted at making USD transfers with a broader plan to accommodate transfers in other currencies within the whole Wells Fargo network.Wells Fargo is an American community-based financial services firm that offers...

Almost a year since American businessman William Sean Creighton was kidnapped in Costa Rica, and a $1 million ransom subsequently paid in Bitcoin, he has been confirmed dead. Creighton’s body was found in a cemetery on Costa Rica’s central pacific coast last week, nearly 12 months after the Bitcoin ransom was paid. According to ESPN, the death of the American entrepreneur who founded the 5Dimes sportsbook was confirmed by the officials of Costa Rica’s Judicial Investigation Department on...

Marshal Lion Group is a company that dared to transfer its achievements in fiat finance to the blockchain platform. The company has been operating since 2015 in the non-bank lending market. During this time, more than 10 thousand satisfied customers made up the company’s portfolio. But there could have been even more of them, if not the well-known problems: the need for guarantees, intermediaries, the involvement of third parties, lengthy coordination and clarification. Marshal Lion Group...

Im Interview mit BlockTV erklärte Draper, dass seine berühmte 250.000 $ Bitcoin-Preisprognose konservativ ist. Der Risikokapitalgeber Tim Draper ist bezüglich des Bitcoin-Preises immer optimistisch. Anfang dieses Jahres prognostizierte Draper für die kommenden drei Jahre einen Bitcoin-Preis von 250’000 US-Dollar. Gegenwärtig hält er diese Vorhersage für zu konservativ:...

May 22 is popularly known as Bitcoin Pizza Day, as it marks arguably the most famous Bitcoin transaction ever. A Florida man named Laszlo Hanyecz paid 10,000 bitcoins for two large pizzas on that day. With the Bitcoin price hovering at just over $10,000 today, that purchase now appears outrageous.However, the infamous transaction might prove to be a positive example of Bitcoin being used as a currency for payments, while the debate as to whether Bitcoin should be seen as a store of value or a...

Ethereal Summit: Der Grund für den Ethereum-Preisanstieg? Der Bitcoin-Preis war in den letzten sieben Tagen konstant, aber bei Ether hat sich viel getan! Ether ist seit Samstag auf dem Vormarsch. Tim Draper lässt dies jedoch kalt, er denkt, dass wir auch bei Bitcoin in naher Zukunft eine Aufwärtsbewegung sehen werden: Ether schneidet derzeit viel besser ab als alle anderen...

Tim Draper has made a real name for himself in the world of crypto given his consistent bitcoin price predictions and his purchase of Ross Ulbricht’s bitcoin stash during an auction following the Silk Road creator’s arrest. Draper Thinks His Prediction Falls Short of BTC’s PotentialHis most recent price prediction says that bitcoin will reach $250,000 per unit by the time 2023 rolls along. However, in Draper’s own words, this prediction is relatively “conservative.” He comments that several...

It seems Facebook’s woes are starting to mount as the European Central Bank (ECB) revives plans to create its own digital currency in direct competition to Libra and bitcoin. Yet another Libra challenger steps up to the plate. This time, it isn’t China’s incipient central bank digital currency (CBDC) but instead a newly proposed CBDC from the ECB. According to Reuters, speaking at a news conference after a meeting of EU finance ministers in Helsinki, ECB board member Benoit Coeure noted that...

The Bitcoin price has remained relatively stable in recent days. However, we have seen such periods in the past, and based on its past behavior, we can assume that another move is around the corner.Bitcoin’s stability in recent days has affected altcoins, which have showed signs of waking up as market players have returned to trading in the past week. We saw some major altcoins painted in green.Bitcoin’s mining difficulty is also setting new records.Source: Blockchain.comBitcoin’s dominance...

Union Mobile recently announced the launch of their blockchain project called ELYNET which aims to provide differentiated mobile services using blockchain technology. The ELYNET team is composed of telecom veterans with more than 50 years of combined industry experience. They have harnessed this expertise to realize ELYNET’s innovative take on the telecom industry – to use blockchain technology to provide essential telecom services.ELYNET’s team members are no strangers to innovation. As...