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Tag Archives: News

New SIM-Swapping Case Ends with Threats of Violence

SIM-swapping cases appear to be a recurring incident in the cryptocurrency world, but the latest case involves two individuals displaying aggression that has yet to be seen in situations like this.SIM-Swapping: Is It Becoming More Common?The two people accused of the SIM-swapping are 21-year-old Eric Meiggs and 20-year-old Declan Harrington, who reportedly went after two very high-ranking social media executives. When they were caught, they allegedly spewed out threats to the victims’ family...

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Amazon Files to Challenge DoD’s Choice of Microsoft for JEDI Contract Suggesting ‘Political Influence’

Late last month, the United States Department of Defense announced that the much-discussed Joint Enterprise Defense Infrastructure (JEDI) cloud contract, had been finally awarded to Microsoft. After the announcement, many including Amazon itself seemed sincerely surprised that the contract didn’t go to Amazon. Now, Amazon has decided to officially challenge the contract award.According to a Federal Times report, Amazon Web Services (AWS) officially filed with the U.S. Court of Federal Claims...

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Cointelegraph Announces Its New Consulting Division to Support Blockchain Adoption

Famous cryptocurrency website Cointelegraph announced on Friday it is launching its own consulting allotment in order to enable the biggest companies to adopt blockchain as such. With that in mind, Cointelegraph plans to focus on thoroughly chosen blockchain participants that will be able to fulfill any promises they might eventually give to selected enterprise players.However, the whole selection process will not be that simple. There is already a huge criteria combo that they will have to...

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Cryptocurrency Mining Report Provides Financial Damage Figure

The environmental effects of cryptocurrency mining on our planet are allegedly more costly than we might have thought, according to a new report.Cryptocurrency Mining Report Provides a Dollar FigureThe document, which is entitled “Crypto Damages: Monetary Value Estimates of the Air Pollution and Human Health Impacts of Cryptocurrency Mining” has been published in the scientific journal “Energy Research and Social Science.” It was authored by several researchers at the University of New Mexico...

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Alipay to Serve 10 Million European Businesses in Five Years

Leading financial services company Alipay has indicated that it will enable 10 million European small and medium enterprises to be able to reach more than 2 billion customers which come from all corners of the world to Europe. Alipay intends to do this within the next five years. The payment service indicated this yesterday at the Alipay Partners Global Summit which held in London. It also expanded its partnership with Worldline which is its principal acquirer in the region and also...

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XRP Market Update: Ripple’s XRP Trend of Minor Losses

Current fundamentals show that the majority of crypto-currencies move widely in a range, extending their lateral trade, without showing any significant gain in the short term.The total market capitalization of cryptocurrency currently stands at about $ 238 billion, while Bitcoin accounts for about 65.8% of the total value and, in terms of market capitalization,  XRP is the third-largest coin and is not excluded from the recent downward trend, the crypto saves price of $ 0.270 per piece,...

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Microsoft to Launch xCloud Game Streaming with a Pack of New Games in 2020

Microsoft has hinted that its upcoming game streaming service xCloud, will be officially launched next year. The company has also announced a few new games that will be launched along with xCloud and will also be available on the current Game Pass feature available.At the company’s XO19 Xbox event currently ongoing in London, Microsoft made the revelation about xCloud, adding further details including that all xCloud subscribers will have access to the over 100 games available currently on...

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Following a Hike, Gold Price Drops Sharply Dragging Down Silver

This week, gold has been enjoying a continuous rally, reaching its record highs. On Thursday, it achieved $1,475.50 per troy ounce. Today, the gold price has dropped sharply, with markets suffering losses globally.The volatility of the precious metal’s price results from several factors.Firstly, in October, Serbian President Aleksandar Vucic recommended Serbia’s central bank to increase its gold reserves in order to protect against economic issues and financial uncertainty. Following the...

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Aston Martin’s New $189,000 SUV is the Last Card for the Automaker

In what has been a series of woes for a British icon, Aston Martin, which has been one of Britain’s most successful automakers in its heyday, has been unable to get its act together after its October 2018 Initial Public Offering (IPO). Best known for being the favorite of Ian Flemming’s James Bond when it comes to cars, the holding company Aston Martin Lagonda Global Holdings Plc hasn’t fared that well since last year.With its current premier brands (Vantage, DBS, and DB11 Volante)...

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Fundstrat ‘s Tom Lee Sets $25k Price Target for Bitcoin Comparing It to FAANG Stocks

On 15 November, during an interview for CNBC journalists, Tom Lee gives price prediction to set some fire. Cryptocurrency will show its potential as a “network value asset”, according to Tom. He said Bitcoin is similar to FAANG stocks that represent the top companies of the U.S. economy: Facebook, Apple, Amazon, Netflix, and Google. By referring to the shares of the companies above, Tom inkles that cryptocurrencies are gaining their value from supportive crowds:“Cryptocurrencies are network...

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