Tag Archives: News

It’s the very first week of 2020 and we are having a big-bang announcement from tech giant Samsung. The Korean tech giant has announced a ‘Lite’ version of its two flagship handset – Galaxy Note 10 and Galaxy S10.While carrying its flagship ballpark, both these handsets cater to the needs of users looking for mid-range devices. Both these new versions will restore some of the key features of the flagship models. This includes the Signature S Pen, the latest camera technology, long-lasting...

Snap Inc, the parent company of multimedia messaging app Snapchat, has acquired Ukraine-based startup AI Factory. This computer vision startup is the same company that has worked on creating Snapchat’s Cameos feature.AI Factory’s company profile shows that it provides several artificial intelligence business solutions for “image and video recognition, analysis and processing” . Thus, the Cameos feature also works on the same image and video processing technology developed by the company.The...

 AMF ( ‘Autorité des marchés financiers) is the authority for financial markets there granted ICO approval earlier this week. It gave the approval as conditional based on certain factors. The authority gave its approval based on certain conditions. These conditions tally with standard best practices the world over. It also demonstrates the need for simplistic rules for the activities within the cryptospace. The new rules are to ensure the security of the digital assets to be issued, effective...

As we’ve mentioned in the past, bitcoin does not – and cannot – appeal to everyone, and now we can add another angry doubter to the growing list of skeptics.Bitcoin Doesn’t Please EveryoneThe latest person to say “no” to bitcoin is Tendayi Kapfidze, a chief economist at Lending Tree. He recently referred to bitcoin in negative terms, calling it a “pyramid scheme” that invokes questionable means of making money for its investors.He stated:It’s a pyramid scheme. You only make money based on...

We’re just a few days into the new year, and bitcoin is continuing to show signs of depreciation.Bitcoin Continues to Head SouthThe currency remains a popular investment, but bitcoin’s price has started 2020 out with a few significant nosedives. The currency has fallen (once again) below the $7,000 line, and many are wondering if the year will continue to take bitcoin on a whirlwind of drops.While it’s probably too early to tell, 2020 is simply continuing the trends set forth by the previous...

Bitcoin may be down, but it’s still given users a lot of happiness.Bitcoin Has Outdone All Other InvestmentsPer one source, the currency has risen by more than nine million percent over the past ten years. The 2010s were an up-and-down decade. Many were recovering from the Great Recession that had occurred roughly two years earlier, and several people in the U.S. who had worked in the manufacturing industry were stuck looking for new jobs given that the country had shipped many of its...

Microsoft co-founder and billionaire, Bill Gates has a new wish this year and for the next decade starting 2020. In his new year’s wish, Bill Gates asks the government to increase the taxes on the rich.Off lately, Bill Gates has been quite vocal about tweaking the country’s taxation system wherein the ultra-rich pay more taxes to balance the growing income inequality. Therefore, he endorses a tax system that favors “taxing large fortunes that have been held for a long time”. In his latest...

As expressed in the Reuters release, Ripple is getting ready to reveal the most recent Brazilian cooperation in mid-2020. Louise Antonio, overseeing chief of Ripple, said that uncomplicated Brazilian financial guidelines assume a principal role in the organization’s expansion in the nation. Ripple talks about XRP‘s utilization of transfers with banks and controllers.Besides Brazil, Ripple intends to extend to all the South American nations, for example, Chile, Peru, and Argentina.Ripple as of...

The price of oil has now jumped and is on its way to $70, in the wake of a recent U.S. airstrike on a top general from Iran. Authorized by President Donald Trump, the airstrike targeted and killed General Qassem Soleimani. The general was the leader of the Revolutionary Guards’ Quds force.In response to the development, brent futures jumped over 4% even as tensions began to heighten.According to a report from the Pentagon, Soleimani was killed because he was “actively developing plans to...

Merchants in Venezuela are turning to adopt cryptocurrencies amidst the ongoing economic crisis in the country. The latest reports suggest that burger giant Burger King is now accepting cryptocurrency payments in Venezuela.For this, Burger King has partnered with Panama-based Cryptobuyer to accept payments in digital currencies. Thus, Cryptobuyer will now act as the payment gateway for Burger King’s clientele. Reports suggest that the first trial of this partnership took place last week on...