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Tag Archives: News

DAO.Casino Rebrands to DAOBet for Enhanced Market Positioning

One of the core elements to business strategies is name branding, as businesses always want to leave an impression that speaks of their products or services and to stand out among the competition. Gaming infrastructure platform DAO.Casino is one such firm to use this strategy to bring its users the best of blockchain to the gambling industry. The new name, DAObet, is one it believes will help provide more visibility for the platform with regards to their core operation.The responsibility of...

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McDonald’s (MCD) Acquires Startup to Add Artificial Intelligence to Its Drive-Through Restaurants

McDonald’s (MCD) is one of the oldest and most popular fast food restaurant chains in the world and as with any other establishments that have been around as long, the company is constantly seeking ways to improve its service and the experience it gives customers. The 79-year-old restaurant has now announced the acquisition of Apprente, in a bid to improve its service using automated voice commands.Founded in 2017, Apprente is a Silicon Valley startup which focuses on the use of artificial...

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Circle CEO Thinks China’s Cryptocurrency Will Lead the Crypto Competition

Over the last few months, big organizations and government institutions have shown interest in the crypto space. China’s central bank – People’s Bank of China (PBoC) – has fast-tracked its work on introducing a central bank digital currency (CBDC) to the market. However, China’s attempts to launching a CBDC come as a measure to counter the potential competition by Facebook‘s Libra.Commenting on this, Circle CEO Jeremy Allaire said that China has the most progressive approach towards CBDC....

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FAANG Stocks Seem to be Dropping the Ball, Could This Company Pick It Up?

Over the years, many investors have used several different methods and strategies, to ensure they have a strong enough position in the stock market. One sure way that pretty much guaranteed a significant passive income, was to buy FAANG (Facebook, Apple, Amazon, Netflix and Google/Alphabet) stocks and just watch them grow, as they are wont to do.This method has driven not just profits, but a generally positive sentiment among investors for a few years. However now, it seems those glory days...

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Nasdaq Lists New Index for Decentralized Finance Projects Called Defix

U.S. Stock Exchange Nasdaq has announced the listing of a new index that offers “real-time” tracking of blockchain projects within the decentralized finance (DeFi) segment. Dubbed as Defix, the index will track blockchain projects like MakerDao, Augur, Gnosis, Numerai, 0x and Amoveo.As per the official press release, the London-based Exante brokerage helped to launch Defix. Nasdaq has listed this Index under the ticker DEFX, which can also be tracked on Google and TradingView along with a...

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Binance’ New Futures Trading Platform Hits All-Time High of $150M in Daily Trading Volume

Leading Cryptocurrency exchange Binance recently launched its Tether (USDT) backed futures trading platform. The platform which is still in the early testing phase is available by invitation only. A Reddit post indicates that the platform has already reached an all-time high of $150 million within the past twenty-four hours. The futures platform covers only the USDT/BTC platform at this time.This comes after Binances’ announcement of the creation of the testnet for the futures platform...

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Bitcoin Price Analysis: BTC Testing Last Line Of Defense

Bitcoin price started a major downside correction after it traded as high as $10,954 against the US Dollar.The price is currently trading near a major support area at $10,000, which holds the key.There is a major bullish trend line forming with support near $10,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair remains well supported on dips near the $10,000 and $9,800, below which it could gain bearish momentum.Bitcoin price is struggling to bounce back above...

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Jay Clayton: Progress Is Being Made on a Bitcoin ETF

The path towards a bitcoin exchange-traded fund (ETF) hasn’t always been a clear one, and while steps are being taken to ensure things go smoothly, Securities and Exchange Commission (SEC) chairman Jay Clayton says there is still “work left to be done.” Clayton Says the SEC Still Has ConcernsIn a recent interview, Clayton comments that “progress is being made” when it comes to pushing a bitcoin ETF forward, though the SEC’s worries haven’t dissipated completely. There are several companies...

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Apple Admits Its Curiosity in Crypto Is Growing

Apple has admitted to keeping its eye on bitcoin over these past few months, saying it finds the asset “interesting.” Apple and Crypto… Are They Matching Up?Today is the launch of Apple’s new iPhone 11, and company executives say they’ve been watching bitcoin for some time, with serious interest sparking in the currency earlier this year. The company had previously exhibited a mixed reaction towards digital currency units in the past.Last week, Jennifer Bailey – the vice president of Apple...

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iPhone 11 Has Highest Quality Video, Fastest CPU and GPU Ever in Smartphone

After months of anticipation and speculation, Apple finally revealed the latest features at the Steve Jobs Theater.Tim Cook started with Apple TV + and said that first shows will be available on November 1 and there will be Apple originals every month in more than 100 countries at large. The price will be $4.99 per month for the whole family but users will get one year of Apple TV + for free.Long-awaited iPhone 11However,  the most interesting part was a hotly-anticipated presentation of new...

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