Tag Archives: News

Not long ago XRP was a hit ‘per se’. Everybody was talking about it. However, in 2019, we can hear much about XRP once being a great tool for “pumping and dumping” and now is pretty much irrelevant. However, we don’t agree. It went up pretty strongly in July this year but the truth is that it’s fighting in the last few days to have its head above the water. At the time of writing XRP price was down 5.57% to $0,187 that is the lowest in more than two years.Usually, the losses in XRP present...

Automaker giant Tesla Inc. announced a price decrease for its Model 3 sedans that are built in China by 20% or more next year. Sources familiar with the situation told Bloomberg that Tesla hopes this move will attract new (and old) customers.However, it is not easy to just cut costs. Still, Tesla has an idea. It will try to bring it down by using more locally produced parts, allowing it to import fewer components and avoid tariffs in that way.New, lower prices might start at 355,800 yuan...

The city of New Orleans in Louisiana has declared a state of emergency after being hit with a massive ransomware attack.Ransomware Takes Out the Mardi Gras CityThe good news is that the city’s computer systems are still functional, and New Orleans is still alive and kicking. This can be attributed to fast action from city officials, who noticed a wide array of phishing attempts occurring last Friday. They quickly saw this as a sign that bigger things were about to come and shut down all...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.As we see, on D1 of the Bitcoin there is a reversal Wedge pattern forming, promising a reversal and an attempt of growth rather soon. For the bulls, it is important to secure above $7670, which will confirm the development of an uptrend.What is more, similar patterns are forming on the charts of...

Volvo Group after negotiations has decided to sell its Japanese trucking unit UD Trucks for the total sum of 250 billion yen ($1.3 billion) to Isuzu Motors Ltd. Sources indicate that the deal was consummated after a series of talks that saw the current transaction structure emerge. The two rival global automakers will also move ahead as allies rather than as rivals in what seems as a consolidation of their positions for mutual benefit.Based in Saitama, Japan, UD Trucks was sold to Volvo after...

Adyen, an outstanding payment company that allows businesses to accept e-commerce, mobile, and point-of-sale payments, has partnered with the global fast-food chain McDonald’s. Within Adyen’s deal with McDonald’s, the latter will use the Adyen platform to receive and process payments made in McDonald’s mobile app.As Bloomberg has reported, in the future, this option will be available globally. The UK will be the first country with this initiative implemented in the first quarter of...

The head of Tron Foundation Justin Sun publicly announced on Wednesday that he is going to grant $1 million to the young Swedish activist Greta Thunberg’s attempts to raise global awareness of climate change.Sun’s announcement came as a response to last week’s COP25 UN climate conference in Madrid that ended with no deal on carbon markets. The negotiations are postponed until next year when countries will have to come up with more ambitious goals to cut greenhouse gas emissions, in order to...

While it may sound like a marketing gimmick or a play on words, two founders behind blockchain startup Alchemy believe that their two-year-old startup might become the “Microsoft” of blockchain technology. In a series of serendipitous events, the founders Nikil Viswanathan and Joe Lau (who are both Stanford graduates) have been able to raise about $15 million from several investors that include billionaire Charles Schwab, Reid Hoffman who is LinkedIn’s co-founder, Stanford University and...

Bill Gates, one of the world’s most popular people and Microsoft co-founder, has something in common with the company’s CEO Satya Nadella. Can you guess what it is (if not to take the company that unites them)? It has appeared that they both like books.Bll Gates is known to be one of the world’s richest man especially. Though now this status belongs to Amazon founder Jeff Bezos, Gates had managed to take over Jeff Bezos some weeks earlier. But his popularity isn’t all about his money. If it...

As the global automobile industry is undergoing a transitional change, two big auto giants have announced a merger. On Wednesday, December 18, automobile giants Fiat Chrysler and Peugeot maker PSA revealed a massive $50 billion merger.With the auto industry eyeing a massive shift towards electronic vehicles, manufacturers are facing the heat of rising infrastructure costs. To alleviate these concerns, and move ahead confidently with new innovation, these companies have now joined hands. As a...