Tag Archives: News

The fate of Facebook’s Libra cryptocurrency is pretty much hanging in the balance and has somewhat been so since it was first announced a few months ago. There has been so much backlash from authorities, with Congress specifically asking Facebook to halt the development progress until further notice. Now according to Ethereum co-founder Joseph Lubin, the biggest problem that the Libra faces is Facebook itself.Lubin recently spoke to CNBC’s Squawk Box, and specifically mentioned Facebook’s...

Photo: Wikimedia CommonsI have big hopes for Christine Lagarde following her appointment as the new head of the European Central Bank. And here’s why (Warning: libertarian crypto enthusiasts should look away now).A company I co-founded held Bitcoin in the now-infamous Mt. Gox exchange. You may remember that back in 2013-14 it was the world’s leading Bitcoin exchange handling over 70% of all transactions worldwide. But in February 2014 things went horribly wrong as Mt. Gox suspended trading...

Apart from the popularity of its ride-hailing services, Uber is also very well-known as a market player all over the world and especially in the finance sphere for its continuous and rising loss over the years. Recently the company announced a report for its just-ended 3rd quarter which surpassed estimates predicted by financial analysts. However, Uber’s stock (now it’s trading at approximately $31) still lost up to 5% as the company still announced that it had lost well more than $1...

Some think it’s interesting while others consider it spooky but regardless of whether or not there’s a general consensus, everyone agrees that there’s something interesting or fishy happening on Reddit.  A very ominous post published a few years ago has now been edited by an unknown user and edited that’s generally supposed to be impossible.Six years ago, a Redditor simply going by u/Luka_Magnotta, published on the Bitcoin subreddit r/Bitcoin, what is probably the most gloomy Bitcoin future...

High school students in France will have an opportunity to gain basic knowledge of workings of blockchain and virtual currencies in the framework of their everyday studies.The French education ministry, Le Ministère de l’Éducation Nationale, is said to include Bitcoin and cryptocurrencies in the high school syllabus. Such a move is expected to help students understand the benefits of decentralized currency and its influence on mainstream financial systems.Bitcoin will be added to Economics...

Ripple Labs Inc. has already started making inroads in the financial space in Asia as sources indicate that TPBank based in Vietnam is the first financial institution in the country to join the blockchain payments network. RippleNet allows international remittances to take place in mere minutes rather than in days unlike traditional networks such as SWIFT and at much less cost as well.This was stated on the bank’s website which indicated the bank’s first foray into blockchain technology and...

Most crypto exchanges have for some time now had challenges operating within the United States. On the other hand, most of the countries in Asia and Europe have taken an initiative of offering straight forward legislation outlining how to conduct any business in the crypto space. But, the U.S. has dropped far much behind in that arena.Currently, there is no definite framework outlining running businesses and tax payments. Interestingly, there is not even any assurance by the government to...

Binance has now officially begun a survival of the fittest battle between two strongly emerging protocols in what is now the second round of the Community Coin Vote’s (CCV) new format. The Binance community is expected to vote between the ARPA protocol and the Carry protocol, two networks that have more than a few things in common.Voting DetailsThe process kicked off at 4:00 AM (UTC) today Nov. 5, and will run continuously for 24 hours, before closing on November 6, at 4:00 AM (UTC) as well....

Tron price corrected lower after trading towards the $0.0230 resistance against the US Dollar.TRX price is currently trading nicely above the $0.0188 and $0.0178 support levels.There is a key contracting triangle forming with resistance near $0.0202 on the 4-hours chart (data feed via Bitfinex).The price could continue to rise once it settles above the $0.0200 and $0.0208 resistance levels.TRON price is consolidating above key supports against the US Dollar and bitcoin. TRX price is likely to...

In a move that has seen Big Tech enter the crypto space on a whole new level, Microsoft has launched a platform on its Azure cloud infrastructure to make token deployment to become as easy as possible.Referred to as the Azure Blockchain Tokens platform, the platform aims to make the issuance and existence of blockchain tokens to become cloud-based and to also enable the operating environment of such blockchain projects to become seamless and as easy as possible.This was revealed at the...