Tag Archives: News

Eccentric millionaire John McAfee is in the news again. This time, the 2020 presidential candidate found himself mocking Justin Sun on Twitter, saying that he had a bad habit of hyping up events that ultimately never occur.McAfee Points the Finger at SunMcAfee is referring to the $4.5 million lunch Sun allegedly had planned with Berkshire Hathaway CEO Warren Buffett. Over the summer, the lunch was marketed in a way one might advertise a bitcoin hard fork. The situation was being looked at by...

Coinbase, that is a well-known large crypto exchange based in the U.S., has taken a decision to reinstated GBP moves targeted at its UK users. This has become known from the recently published official blog post.The company has further incorporated full support for five brand new crypto assets: XRP, Stellar (XLM), Augur (REP), 0x (ZRX) and Basic Attention Token (BAT) – to GBP digital wallets as the firm reported on a material day. Successful Cooperation between Coinbase and Clearbank Last...

Photo: Vanguard / LinkedInThe Vanguard Group is currently running tests on a new foreign exchange (FX) service which is powered by blockchain technology and will run peer-to-peer. The mutual fund giant is doing this to encourage asset trading and make this activity easier for managers, letting them trade currencies without the costs associated with involving the big investment banks.Bloomberg reports that a familiar source close to the project has revealed that the platform has already been...

Verisart is a platform designed to conduct certification and verification of artworks of different types which is carried out with the help of blockchain. Now it has become known that it has managed to get $2.5 mln in seed financing. The list of the most prominent participants of this round included Sinai Ventures, Galaxy Digital, EOS Fund, and Rhodium. The money raised will be used for further expansion of the company’s art platform.Robert Norton, who is a co–founder and CEO of Verisart...

Apart from its ongoing antitrust investigation as put forward by the Federal Trade Commission (FTC), Facebook is also having a rough time regarding its proposed digital currency, the Libra. A few months ago, Facebook announced its plans to float its own cryptocurrency and also released a whitepaper to the effect.As part of the announcement, a Libra Association was announced, an association made up of several big companies including Uber, Mastercard, Visa, eBay, Spotify and many other...

XRP is the third-largest cryptocurrency by market cap and it is probably the only cryptocurrency with established relationships with traditional financial institutions. If you’ve been following cryptocurrencies, you’ll probably be wondering if you should buy XRP in 2019. XRP was released in 2012 by Ripple Labs Inc with the singular aim of becoming a blockchain-powered solution for sending money across borders seamlessly.You probably won’t be excited to buy XRP in 2019 when you consider the...

Ripples’ XRP has been pegged to several cryptocurrency pairs on Binance DEX independently of Ripple‘s Mainnet. Binance CEO Changpeng Zhao indicated this in a tweet:This was suppose to be announced a bit later. But such is the nature of blockchain project, #transparency. Can't hide anything.Well, there you go, #XRP (on chain pegged) on #BinanceChain and @Binance_DEX.Guess which flood gates this opens up? https://t.co/Mxpm5jZCfz— CZ Binance (@cz_binance) October 3, 2019Binance Dex, the platform...

On Thursday, after Facebook announced its new Threads app, Snap Inc. (SNAP) stock fell up to 7%. Facebook’s latest attempt to clone features already being used by Snapchat is only one of many, which has since pitched both social media giants together in the public eye.Even though Threads is a stand-alone app, it allows users already on Instagram to exchange status updates and media including photos and videos, to specific people who make up their “close friends”, an Instagram feature which...

Bird, a startup that rents out electric scooters, has acquired an extra $275 million in Series D funding round led by CDPQ and Sequoia Capital. After raising that amount at a valuation of $2.5 billion, the company claims that is a testament to its effort to improve its unit economics.Notably, the new funding raises Bird’s post-money valuation to almost $2.8 billion. This funding round comes just a few months after reports emerged that Bird wanted to raise a Series D round at a $2.5 billion...

Bitcoin cash price is currently correcting higher after testing the 200 support against the US Dollar.The price is facing a lot of hurdles on the upside near $240 and $250.There is a key bearish trend line forming with resistance near $240 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could test the $240 and $250 resistance before it resumes its decline in the near term.Bitcoin cash price is trading in a bearish zone below $250 against the US Dollar. If BCH/USD...