Crypto news

The Canadian social media and messaging app company Kik said to be thinking about possible shutting down of its popular Kik messaging app.Two people familiar with the matter claim that the company is moving all the app’s users to alternative platforms. They also added 70 employees of Kik’s Israeli cryptocurrency subsidiary Kin being noticed about possible layoffs even though some will allegedly be offered the option of transferring to a new company that is based on the same technology, the...

Photo: OverstockOnline retail giant Overstock announced that they’re enthroning Jonathan Johnson, who was previously temporary signed, to be no its permanent CEO. Just for reminder, 10 days ago, the company’s, now ex CEO Patrick Byrne, announced that he’s dumped all of his equity holdings in the company over because, as he said, both the “deep state” and the government for his sale.In a cryptic message to “Erstwhile Teammates” on his personal website, Patrick Byrne was “explaining” the...

Networking giant Cisco Systems decided to go with the blockchain-based platform developed by SingularityNET to host its decentralized AGI project.SingularityNET is a startup that labels itself as a “decentralized artificial intelligence” company, and them working with Cisco Systems on such an ambitious project is a big deal.When talking about artificial intelligence technologies it should be clear that this is in no way new technology. But the truth is, its development is something that...

In what seems like quite the endorsement for cryptocurrencies, the chairman of the global provider of secure financial messaging services, Swift, said that cryptocurrencies are causing an extraordinary change in the financial industry. He also mentioned Libra, the cryptocurrency created by social media mogul Facebook. Worthy Mention and EndorsementSpeaking at the Sibos 2019 conference in London, the chairman of Swift, Yawar Shah, made quite an endorsement of cryptocurrencies. He said that...

À l’occasion de la Paris Retail Week, le créateur de logiciels de gestion de point de vente Global P.O.S devrait annoncer que sa plateforme d’acceptation de paiement Easy2Play permettra aux enseignes clientes qui le souhaitent d’intégrer les paiements en bitcoins à compter de 2020. Parmi les clients de Global P.O.S on compte une trentaine d’enseignes dont Boulanger, Foot Locker, Décathlon, Conforama, Maison du Monde, Intersport,...

Right in the heart of Europe, the Bratislava Castle in Slovakia will host the second annual BLOCKWALKS European Conference. Top-level government officials and prominent industry leaders in smart technology, blockchain, and Internet of Things join to discuss the current and future applications of blockchain and smart technology in the public sector.Tibor Vincze, the Project Coordinator of BLOCKWALKS 2019, had these words to say about the focus of this year’s conference:“The conference is a...

Elementus, which seeks to locate illicit transactions involving digital currency, has garnered nearly $4 million in funds from Fidelity Investments, a company that has become rather friendly with crypto over the past year. Elementus Is Getting the Money It NeedsThe funding round was led by Morgan Creek Digital and saw several other institutions pledging their dollars and cents towards the company including Avon Ventures and Devonshire Investors. In addition, Stage 1 Ventures and Robot...

Since Bitcoin came into being, we have a global decentralized digital cash system that can bypass the entire banking system. But like cash, it has its own set of risks.If you lose the keys to your coins, you lose the coins. Bitcoin investors know about it, but it scares new users and they’d rather leave their money to third parties that act as custodians, keeping their assets safe for them.Some people use hardware wallets but again, their keys can get lost as well. Seed phrases can be...

The Intercontinental Exchange (ICE), which owns the New York Stock Exchange (NYSE), launched its own bitcoin futures contracts for the first time on Sunday.Futures Contracts Are All the RageThe idea regarding futures contracts and trading physical bitcoins has been intriguing to most, with other companies like Chicago’s CME recently saying it will also launch bitcoin futures starting in early 2020. What’s special about ICE’s bitcoin futures is that this potentially marks the first move of...

The People’s Bank of China (PBoC) announced that the long-awaited central bank-issued digital currency will not be ready in November as it had been predicted in crypto circles. From the bank, they added that reports saying Alibaba and Tencent are among the first financial institutions to receive the currency was incorrect.This came as a surprise because just few weeks ago we could hear that it will “be better than Libra“, and they even enthroned their new digital currency chief Changchun Mu...