A $10 billion wealth advisor predicts the next Fed rate cut will launch the bitcoin price to a new yearly high. There's just one problem. | Source: Jim WATSON / AFP (i), Jan von Uxkull-Gyllenband/Shutterstock (ii). Image Edited by CCN. The Federal Reserve will hold its next policy meeting tomorrow, and analysts predict that the US central bank will adopt its second...
Read More »Facebook’s Head of Blockchain: Libra Won’t Create New Money
Libra continues to make waves in the community. The co-creator of Libra and head of Calibra, David Marcus, stated, among other things, that the planned stablecoin would not threaten nations’ monetary sovereignty, as Libra is not meant to create new money.Libra Won’t Challenge National SovereigntyIn a series of tweets, David Marcus responded to the recent backlash against Libra. He stated that Facebook’s project aims solely “to be a better payment network and system running on top of existing...
Read More »B2BinPay Customers Can Now Accept and Pay with EOS
[PRESS RELEASE]B2BinPay, a cryptocurrency payment gateway that enables businesses to accept payments in cryptocurrency, has integrated EOS. Customers can now add and accept EOS as a payment method for business.About EOSEOS.IO is a blockchain protocol powered by the native cryptocurrency EOS. EOS software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters.The technology’s blockchain architecture...
Read More »Is Ripple Decentralized or Not? Blockchain Expert Ends the Debate
Is Ripple decentralized or not? One expert weighs in. | Image: Shutterstock Ripple fans adamantly preach that the cryptocurrency runs on a decentralized network. A quick search of the term “Ripple Decentralized” on Twitter reveals hordes of accounts claiming that “The Standard” is decentralized in nature. Many are even ganging up in an attempt to prove their point....
Read More »Remittance Ripoff PayPal Will Die Where Facebook’s Libra Succeeds
PayPal's days of high-commission and conversion fees won't go on for long. | Source: BigTunaOnline/Shutterstock Facebook set the cat among the pigeons earlier this year when it revealed its cryptocurrency project – Libra. CEO Mark Zuckerberg scared the living daylights out of governments and private corporations alike with his ambitious project that aims to make...
Read More »Crypto Futures Spat Continues: BitMEX Blames Binance For Copying (Again)
The plagiarism saga involving BitMEX and Binance, perhaps the two most prominent cryptocurrency exchanges in today’s market, continues in full force. After Changpeng Zhao tweeted that a certain market maker had tried to attack its futures platform and that no one had gotten liquidated because of his company’s “innovation”, citing its liquidation policy, the CEO of BitMEX, Arthur Hayes, immediately responded that he’d give Zhao a course on copying and pasting in exchange for 51% of his...
Read More »High Throughput Blockchain Velas Lists on Leading Cryptocurrency Exchange BW.com
Velas AG, the developer of the AI-powered DPoS blockchain of the same name, has announced that its native token is to be listed on a major cryptocurrency exchange. From 15:00 UTC on September 18, VLX will be tradable on BW.com, one of the leading exchanges by trading volume. As a result, cryptocurrency investors across Australasia and the rest of the world will be able to buy and sell VLX tokens, and to use them to access services built upon the highly scalable Velas blockchain.Commenting on...
Read More »277 Chinese Arrested for Crypto Scam in Philippine Special Economic Zone
China and the Philippines are working to uncover a cryptocurrency scam involving hundreds of Chinese nationals. | Image: Shutterstock 277 Chinese Nationals have been arrested following a raid led by the Philippine Bureau of Immigration in Pasig city on Sept. 11. Crypto Scam Targets Philippines Acting on a tip from China, the Philippines is investigating hundreds of...
Read More »Fintech Startups Will Eat a Massive $280 Billion Banking Revenues by 2025
Fintech startups across the globe are making massive inroads in the global payments industry. As per the Accenture report titled Banking Pulse Survey: Two Ways To Win, non-banking financial startups will eat 15% share in global payments revenue by 2025. As per the estimates and the growth projections, this share translates to a massive $280 billion.As per the report, the global payments revenue is expected to grow at an annual rate of 5.5%. In 2019 itself, the global payments market is...
Read More »Samsung is Looking to Merge Its Galaxy S and Note Series by 2020
Samsung is widely regarded today as one of the best mobile phone manufacturers in the world. When this is narrowed down to the Android Operating System, Samsung very easily tops all of the rest. Every year, the company releases a new phone in its Galaxy S series and also another in the Galaxy Note series.For a while now, many have noted that there isn’t much difference with both lines and there is no need to have two different types. Now according to some speculation, there’s a chance that...
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