Revolut, a British financial technology company that offers banking services, has signed a new deal with payments giant Visa. As a result, Revolut will expand its services to 24 new markets, or a total of 56 around the world, and hire 3500 employees.Under the terms of the agreement, Revolut will primarily issue Visa-branded cards in the global expansion. As Reuters reports, Visa will initially enable Revolut to launch in Australia, Brazil, Canada, Japan, New Zealand, Russia, Singapore and the...
Read More »Desperate Maduro Trumpets Crypto Payments with China and Russia
Venezuela’s President Nicolas Maduro has openly declared his regime’s love for cryptocurrencies like Bitcoin and Ethereum. The controversial politician on Tuesday said his government is using cryptocurrencies to access national and international payment infrastructure. He confirmed that Venezuela’s finance minister and central bank are close to introducing “new instruments.” It would give every Venezuelan access to “national and international payments through the central bank’s accounts.”...
Read More »Venezuela To Be Able To Make Crypto Payment Soon, President Maduro Says
Venezuela’s economy has been struggling for years. The country has been trying to break out of that situation utilizing blockchain with several attempts so far. In a recent interview, President Nicolas Maduro said that the government will be using cryptocurrencies as a method for free national and international payments.Venezuela’s Crypto SolutionPresident Maduro appears to be looking for new ways to provide payment methods for the Venezuelan population. The central bank and the finance...
Read More »Ethereum Ropsten Testnet Splits After the Early Launch of the Istanbul Upgrade
Ethereum testnet Ropsten split following the release of the Istanbul upgrade. This occurred because the upgrade was expected on approximately October 2nd, 2019 and at a block height of 6, 485, 846. The upgrade was released about 48 hours earlier on September 30th at around 3:40 a.m UTC.This, of course, has expectedly caused quite a bit of difference in terms of block confirmation times. Ethereum foundation community manager indicated in a tweet that there is no cause for alarm in this...
Read More »Amazon is Looking to Offer Its Cashierless Go Service to Hundreds of Retail Locations
Back in 2016, e-commerce giant Amazon announced its plans to establish a large chain of convenience stores in the United States. Called Amazon Go, the stores are mostly automated and run on computer vision, deep learning algorithms and sensor fusion without cashiers, allowing customers to grab items they need to from the store, and simply walk out.Since inception, Amazon has opened 16 Amazon Go stores with several of them in Washington, Illinois, California and New York and the company still...
Read More »BitTorrent File System On Track for Its Q3 2019 Target With Official Mainnet Launch
BitTorrent File System (BTFS) achieves an important milestone with its official mainnet launch. This is a major step ahead in proceeding ahead with the complete integration with the BitTorrent ecosystem.BitTorrent is a popular and the world’s largest peer-to-peer file-sharing platform. Last year, the TRON Foundation acquired the BitTorrent platform. The BTFS is a protocol and the network’s mechanism that enables peer-to-peer storage and sharing of digital content in a decentralized file...
Read More »16,500% ROI: EOS Fined $24 Million After Raising $4 Billion in Unregistered ICO
The US Securities and Exchange Commission (SEC) has come to a settlement with the company behind one of the largest initial coin offerings of 2017 and 2018, Block.one. EOS raised a total of $4 billion, and the firm will pay a fine of $24 million for running an unregistered ICO.Block.one to Pay $24M FineThe SEC has reached a settlement with the creator of EOS, Block.one. According to the agency, the company must pay a fine of $24 million for running an unregistered ICO. That’s because ICOs...
Read More »Sequoia-Backed Band Protocol Enters DeFi With Ether-Denominated Binary Options
Photo: Band Protocol / MediumBand Protocol, Sequoia-backed data management company, has launched the mainnet of its decentralized trading app. The news follows Band Protocol’s announcement about going live on Ethereum mainnet.2/ Another key highlight today is the launch of BitSwing Mainnet, which represents a perfect example of dApps made possible with $BAND oracle.?Available now on: https://t.co/I5Phc78KEb— Band Protocol (@BandProtocol) September 30, 2019Features of BitSwingCalled BitSwing,...
Read More »ChainDD Will Present the Best 2019 US-China Fintech and Blockchain Summit
[Press Release]ChainDD, a leading media company headquartered in Beijing, China with more than 3 million readers globally, is about to host its 2nd-year Fintech and Blockchain Summit under its “CHAINSIGHTS” brand to engage innovators and supporters from fintech and blockchain industries in the US and China. This event will be held on 10/10/2019 from 8:30 AM to 9:30 PM at the New York Marriott Marquis at New York City.Last year’s conference was a resounding success, with close to 300 attendees...
Read More »Tron (TRX) Price Analysis: Bulls Losing Momentum Near Key Resistance
Tron price started an upside correction from the $0.0117 low against the US Dollar.TRX price is currently trading near the key $0.0150 and $0.0152 resistance levels.There was a break above an ascending channel with resistance near $0.0144 on the 4-hours chart (data feed via Bitfinex).The price could climb sharply if there is a proper close above $0.0150 and $0.0152.TRON price is currently correcting higher against the US Dollar and bitcoin. TRX price needs to surpass the $0.0152 resistance...
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