Tag Archives: News

Banking app Revolut has introduced a new feature that will allow many users to use the app just like any other bank account. The introduction of the direct debit feature for the UK pound has enabled users to be able to pay for goods and services with direct debit as it is becoming the norm for many businesses at the moment. Already Euro direct debit services were started last year. Many businesses prefer direct debits as card transaction fees and chargebacks are usually more problems than...

With the current expansion of and new entrants into the crypto space, ex-UBS employee Claude Waelchli has decided of a lifetime: to pitch his tent (and his life as well) with cryptocurrencies. After leading the Global team for the management of portfolios for ultra-high net worth individuals and institutions, Waelchi has decided to settle for nothing less than the best as he studied digital assets and to launch his own startup Tokenyz. The new cryptocurrency startup’s name is a play on the...

The recent Upbit hack crashed all the cryptos down and again reminded crypto investors how vulnerable this sector is. However, this was the last among seven majors hacks that happened this year. So, let’s mention some of them:CryptopiaAround January 15, New Zealand-based cryptocurrency exchange Cryptopia said there was $3.2 million in tokens stolen and the company went into the liquidation. However, on Jan. 20, it was reported that as much as $16 million worth of Ethereum (ETH) and ERC20...

Litecoin price is recovering nicely and trading above $45.50 against the US Dollar.LTC price is currently trading near a major resistance area at $48.80 and $49.20.There is a significant bearish trend line forming with resistance near $48.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to surge higher once it clears the $49.20 and $50.00 resistance levels.Litecoin price is attempting a crucial upside break against the US Dollar and bitcoin. LTC price...

As we all know, PayPal has been very supportive – for the most part – of Libra, Facebook’s new cryptocurrency project, but the company was also among the first to exit the Libra Association. PayPal has remained relatively quiet regarding the details of its exit, but now chief executive Dan Schulman is sharing his thoughts on Libra and explains why his company refused to engage any further in the project’s progression.Schulman: It Wasn’t Regulation that Spooked UsLibra is arguably one of the...

A new type of cryptocurrency called Grounder Coin is looking to be the first digital currency that can be used in space.Grounder Coin: Bringing the Planets Together?This raises a lot of questions. Have scientists discovered aliens that Earth people are now looking to do business with, and we think a universal form of crypto that will allow people and those aliens to pay for goods and services is the answer?Well, not exactly. As time progresses, more time has been put into colonizing other...

Okay. The bad news is that bitcoin is about to post its worst month this year. The good news is that the bearish behavior that’s been plaguing it as of late could finally be coming to an end.Bitcoin: Will the Negativity Come to an End?According to one source, all the technical signals suggest that the currency is about to turn itself around, and many enthusiasts say this news couldn’t have come soon enough. The month of November has been arguably the worst of 2019 for the world’s leading...

Manchester City, the champions of the English Premier League have struck a big deal recently. The owner of Manchester City has agreed to liquidate just over 10% of the stake in Manchester City to a private equity firm Silver Lake.City Football Group (CFG), the holding company of Manchester City is currently valued at $4.8 billion, and the deal has been concluded for a price of $500 million. As per the Financial Times report, CFG is an Abu Dhabi-controlled organization that owns Manchester...

As the cryptocurrency community grows in leaps and bounds, Bitstop which is one of the largest Bitcoin ATM operators in the world has installed five Bitcoin ATMs for starters across several locations of America’s largest retail mall operator Simon Property Group. This comes at a time when the cryptocurrency space is looking for ways to bring adoption to everyday people in a way that they can appreciate how the technology works.Sources indicate that the locations of the ATMs have already...

Matic Network, the platform working on solutions to the scalability issues of the Ethereum blockchain and using Plasma side chains and a Proof-of-Stake network, has announced its public incentivized staking testnet event Counter Stake is finally live.Counter Stake has arrived!Matic’s public incentivized staking testnet event is now officially live.We have released a detailed step-by-step guide on setting up your node. Over 3 million $MATIC tokens are to be shared among participants ?Read...