Tag Archives: Companies

The prevalence of underbanked people in the United States is a cause for concern. Currently, eight percent of 115 million households in the United States alone are underbanked or don’t have access to banking services such as checking accounts, savings, loans, or lines of credit. This prevalence is driven largely by high fees, inconvenience, and a distrust of traditional banking systems. While there’s no fast or easy solution to America’s underbanking issue, could cryptocurrency ATMs be the...

The People’s Bank of China (PoBC) announced they are nit against PayPal’s desire to acquire a 70% equity state in GoPay (Guofubao Information Technology Co. [GoPay], Ltd.). With this step, Paypal is becoming the first international entity that will be offering its online payment solutions in China.GoPay mostly works as a provider of a number of payment products for various industries including cross-border commerce, aviation, tourism, etc.According to the information revealed by the company,...

For now, 36 countries from the European Economic Area (EEA) will be able to enjoy zero fee crypto and fiat exchange, while Austria, Ireland Spain are soon to follow.Get the Most Out of Crypto With No Fees at AllBitcoin, Ethereum and Litecoin will be the first available crypto choices on the HOLD app, with easy exchange, buying and selling all within the app. Deposit at any time with crypto or with fiat from SEPA transfers direct from users’ bank account.This essentially means that crypto...

Last week, the Intercontinental Exchange (ICE) launched its regulated Bitcoin Futures contracts. While there was a lot of buzz before the launch, Bakkt failed to make an impact on the market.The Bakkt futures contracts saw very lukewarm response from investors. With one week since its launch, the Bakkt futures contracts have just $5 million in total trading. Bakkt’s Bitcoin futures contracts come in two options – daily and monthly settlement. The daily contracts settlements have received an...

Bunq, a fintech startup mobile bank that provides accounts and other financial services, will be spreading its services to another 22 regions, pushing the number of countries it operates in, all the way to 30. The company, based in Amsterdam, will also be supporting both Apple Pay and Google Pay for all of its customers with Travel Cards in certain countries including Spain, Italy, Belgium, France, Ireland, and the Netherlands.The Bunq company, which already operates in the above countries,...

What is the most used crypto in the world today? Many may think that it is Bitcoin since it accounts for over 67% of the digital-asset world’s market value. They could be wrong. Although dependable figures on trading volumes are rare to come by in the unpredictable crypto finance world, CoinMarketCap.com data shows some interesting reports.The token that has the highest daily and monthly trading volume is Tether that has a market capitalization that is over 30 times smaller than Bitcoin....

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...

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...

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...

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...