Crypto news

As we’re learning, there are multiple uses for blockchain technology (i.e. supply chain data), and IKEA Iceland is proof of that.IKEA and Ethereum: A Solid Match?The furniture conglomerate’s Icelandic offices recently settled an invoice on the Ethereum blockchain, and payment was issued in virtual currency. Ethereum is often sought after for its smart contract capabilities, making it one of the top blockchain to build new coins and decentralized apps on.Unfortunately, according to co-founder...

Bitcoin’s bounce from lows of $7,714.70 on September 30th gave bulls a solid reason to be optimistic. At that point, the number one cryptocurrency shed over 44% of its value from the 2019 top of $13,880. To some traders, this price action is not out of the ordinary. More importantly, they expect bitcoin to resume its uptrend soon. Trader Rekt Capital is unfazed by the current bitcoin pullback. | Source: TwitterUnfortunately, the bounce was short-lived and bitcoin resumed its bearish trend....

As we have seen in the crypto world, nobody is safe from crypto-based ransomware, and in the case of one Spanish city – Jerez de la Frontera – that lesson is being learned all over again.Jerez Under FireA hacker has apparently taken an entire city hostage. The computer network of Jerez de la Frontera has been locked up by a malicious actor who is demanding bitcoins in exchange for loosening his or her hold on the system. The attack first began on Tuesday night with what were deemed small...

A compter de 2020 la plateforme d’acceptation de paiement Easy2Play de Global P.O.S [1] permettra aux enseignes de son réseau [2] d’intégrer si elles le souhaitent les paiements en bitcoins. La solution proposée par Global P.O.S s’appuie sur sur une application « crypto » dédiée : EasyWallet. Avec Stéphane Djiane, CEO de Global P.O.S et Hugo Briand, Blockchain Lead et Architecte Digital chez...

Eccentric millionaire John McAfee is in the news again. This time, the 2020 presidential candidate found himself mocking Justin Sun on Twitter, saying that he had a bad habit of hyping up events that ultimately never occur.McAfee Points the Finger at SunMcAfee is referring to the $4.5 million lunch Sun allegedly had planned with Berkshire Hathaway CEO Warren Buffett. Over the summer, the lunch was marketed in a way one might advertise a bitcoin hard fork. The situation was being looked at by...

Coinbase, that is a well-known large crypto exchange based in the U.S., has taken a decision to reinstated GBP moves targeted at its UK users. This has become known from the recently published official blog post.The company has further incorporated full support for five brand new crypto assets: XRP, Stellar (XLM), Augur (REP), 0x (ZRX) and Basic Attention Token (BAT) – to GBP digital wallets as the firm reported on a material day. Successful Cooperation between Coinbase and Clearbank Last...

The year 2017 was the year of Bitcoin. Its price rose by a stunning 20x and the whole world suddenly wanted to get a share of the “new gold”. The “Bitcoin bubble” refers mainly to the last two months of that year, November and December. At that time, anyone who said anything online about Bitcoin saw a massive amount of traffic, and everyone was rushing to buy. YouTube played a major part in the crypto revolution. 2017 was the year that many YouTube influencers, or crypto YouTubers, came into...

The walls are all but crumbling down around Facebook’s embryonic ‘cryptocurrency’ venture, as PayPal allegedly considers calling quits on Libra. Libra Back(er)s Against the Wall First Visa, and MasterCard, and now PayPal. Things aren’t looking too rosy for Libra, as regulatory watchdogs continue to hound the project. Today, a fresh batch of conjecture is boiling over, as the Financial Times reports that representatives from PayPal abstained from yesterday’s Libra association meeting. 28...

Ripple (XRP) has seen a promising 5% increase over the past week, bringing its price up to $0.25. The latest increase is largely due to XRP rebounding against BTC as a continues tryout to break above the resistance of the 3100 SAT level. The coin has struggled over the past three months after dropping by a steep 36%. However, the market looks to be on the road for bullish recovery. XRP is the third-largest cryptocurrency with a market cap of $10.87 billion, according to CoinGecko.Looking at...

Photo: Vanguard / LinkedInThe Vanguard Group is currently running tests on a new foreign exchange (FX) service which is powered by blockchain technology and will run peer-to-peer. The mutual fund giant is doing this to encourage asset trading and make this activity easier for managers, letting them trade currencies without the costs associated with involving the big investment banks.Bloomberg reports that a familiar source close to the project has revealed that the platform has already been...