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Tag Archives: News

Binance Joins Hands with Shyft Network for KYC Data Sharing

Binance will now work with the Shyft Network provides industry-wide solutions to meet the FATF requirements. For this, the network uses its database bridging, identity passporting, and data attestation infrastructure. As crypto exchange Binance spreads its wing in the global market, it is working on complying with the Financial Action Task Force (FATF) regulations. Recently, Binance joined hands with public blockchain protocol Shyft Network for cross-industry KYC data sharing.The Shyft...

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Facebook Cancels F8 Developer Conference Due to Coronavirus Concerns

The coronavirus has a serious impact on many spheres of social life. This year Facebook will not hold its F8 developer conference due to the fears and risks related to the virus.Social media giant Facebook Inc (NASDAQ: FB) announced that it has canceled this year’s F8 developer conference due to fears caused by the coronavirus spread. The F8 developer conference is the biggest event hosted by the company, where it brings together more than 5000 developers and also entrepreneurs from all over...

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AAPL and MSFT Stock Down around 7%, Coronavirus Fears Drive Tech Shares Crazy

Tech stocks are negatively influenced by the coronavirus and are falling seriously. The most significant drops were demonstrated by AAPL and MSFT yesterday.Most of the tech stocks fell yesterday notably.First, it was Microsoft Corporation (NASDAQ: MSFT) that said it will not meet its guidance.Microsoft (MSFT) and CoronavirusPrecisely, it wrote, quite worrying letter to investors in which it says:“Because of closely monitoring the impact of the COVID-19 health emergency, for the third quarter...

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TSLA Stock Losses 12% as Tesla Sales Fall in China Despite Start of Local Production

While Tesla (TSLA) stock has fallen sharply over the last week, shares are still up 230% over the past six months. At the same time, the sales of Tesla’s vehicles in China are falling.Tesla Inc (NASDAQ: TSLA) stock dove over 12% on Thursday after it was announced that its car registrations in China almost halved in January compared with December 2019.It said:“Citing state-backed China Automotive Information Net, which gathers industry data based on insurance purchases, Bloomberg reported...

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Moderna (MRNA) Stock in Mad Scramble: Shares Soared, Stumbled and Tanked

On Thursday, Moderna (MRNA) stock was on a wild ride. Just in a few hours, it skyrocketed, continuing its previous growth, then halted, and fell. Now in the pre-market, it has started to gain again.Again revisiting the situation on the market which is currently so volatile that it seems impossible to keep track of all rapid changes taking place. A prime example of chaos in the stock market is Moderna Inc (NASDAQ: MRNA). On Thursday, just in a few hours, Moderna (MRNA) stock skyrocketed,...

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Why Audiences Are Disadvantaged When It Comes to Film and TV

To ensure a high-tech approach that empowers creators of all levels with a model that truly values fans, Filmio uses a blockchain ecosystem. It helps to incentivize fan-creator-investor interaction.With movie tickets being so expensive, and time being a precious commodity, a bad film can leave ticket purchasers feeling used and angry. Television, streaming media and other in-home entertainment options are becoming more popular as a result, but these venues can burn fans when they waste a...

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Ripple’s Partner SBI Remit Announces Collaboration with Fukushima Bank

Ripple’s partner, SBI Remit will closely work with Fukushima Bank, which is one of the major Japanese financial institutions, to enable the fast transfer of money.SBI Remit, a partner of Ripple which uses its RippleNet, announced that it will partner with one of the largest banks in Japan Fukushima Bank. The partnership will see Fukushima Bank responsible for handling all SBI international remittance services.The representative director of SBI Remit Nobou Ando stated:“With the steady rise of...

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Gilead Sciences (GILD) Stock Surges after Launching Phase 3 Studies for Coronavirus Treatment

Gilead Sciences (GILD) stock surged and reached an all-time high after the company confirmed the launching of phase 3 studies of coronavirus treatment.Gilead Sciences Inc (NASDAQ: GILD), an American biotech company that specializes in researching, developing and commercializing drugs, has seen its stock surge after it announced the launching of phase 3 studies for naval coronavirus (COVID-19) treatment. The stock price broke a very critical resistant level at $68 to trade above $70.Amid the...

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Dow Jones Plunged 1000 Points as CDC Warns of Possible Coronavirus Outbreak

The global markets have been bleeding for the fourth straight day in a row after the U.S. Health officials warned against a possible coronavirus outbreak. In just four days the S&P 500 has crashed over 10% registering its fastest crash to date. Dow has lost 1000 points.Things are clearly not looking good for the global markets as threats of a global coronavirus outbreak intensifies. On Thursday, the Dow Jones dropped 4.5% over 1000 points dragging down several bluechip stocks as well!On...

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Bitcoin Cash Analysis: Primed For More Losses Below $300

Bitcoin cash price declined heavily below the $360 and $350 support levels against the US Dollar.The price tested the $300 support area and it is currently correcting higher.There is a short term ascending channel forming with support near $318 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to move down below the $315 and $300 support levels in the near term.Bitcoin cash price is trading in a downtrend below $350 against the US Dollar. BCH/USD...

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