Tag Archives: News

A Canadian cryptocurrency trading platform known as Einstein Exchange is being invested by local law enforcement after it mysteriously shut down, leaving several customers unable to withdraw their funds.Einstein Disappears, Leaving Customers BehindAfter repeatedly emailing the exchange regarding why withdrawals were taking such an unusually long period of time, one user recalls receiving the following message:As you have been told several times by several team members, by constantly emailing...

Bitcoin mining in China is no longer in the line of fire.Bitcoin Mining Is A-OKFollowing several years of going back and forth on the subject, regulators within China’s borders have finally decided that bitcoin mining should be allowed to continue without interference from the government. The country had long considered banning the process of extracting new bitcoins as a means of protecting the environment, though now it appears those fears have subsided.The bulls are seeing this as a huge...

In what seems to be an innovation, customer relationship management solutions company Salesforce has built its content management system. Reports indicate that the content management system was developed in-house rather than purchased by the company. The general concept is that organizations can be able to get content across to their clients using this system which is fully integrated with Salesforce’s family of products.According to claims by Salesforce, little or no technical knowledge is...

One of the biggest crypto exchanges Coinbase has arrived with a surprise decision for its customers. For the first time, Coinbase customers in the U.S. can earn rewards just for holding the Tezos cryptocurrency.Dubbed as the staking reward, Coinbase said that it would be staking the Tezon (XTZ) tokens on behalf of its customers thereby distributing the rewards directly to their Coinbase account.Cryptocurrency staking is the process that allows a crypto holder to earn income by participating...

Silvergate Bank, a crypto-forward bank, has officially gone public on the New York Stock Exchange (NYSE). The initial public offering (IPO) has been a long time coming as plans to launch officially began last year.On Nov. 7, the NYSE’s official Twitter account posted a tweet confirming the IPO celebration as well as Silvergate’s ticker – NYSE: $SI.NYSE Opening Bell ?: Silvergate (NYSE: $SI) celebrates their IPO day https://t.co/FX3OQcP0dU— NYSE ? We Are Living Tech (@NYSE) November 7, 2019A...

Photo: ShutterstockRemember Blockbuster video stores, Nokia mobile phones, the Palm Pilot, and Polaroid cameras? All were once dominant in their respective fields, but no longer. The reason? They were all overtaken by technological advancements that rendered them irrelevant or obsolete in the eyes of their customer base. And something similar is happening in the banking industry. The days of queuing at the counter and having a chat with the bank clerk when your turn comes appear numbered....

Bitcoin cash price is facing a strong resistance near the $308 level against the US Dollar.The price is currently trading above a couple of key supports near the $288 and $282 levels.There is a major bullish trend line forming with support near $286 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could decline further if there is a break below $286 and $284.Bitcoin cash price is correcting gains below the $300 level against the US Dollar. BCH/USD might extend its...

Software giant Microsoft is developing a new way to ensure newly created cryptocurrency tokens are easy to audit and much harder to fabricate.Microsoft Brings Azure to the TableKnown as Azure Blockchain Tokens, the platform has been utilized by several video game companies to create tokens that players can earn through gameplay. Now, Microsoft is taking the system to new heights and spreading its services to companies like General Electric, which is now among the first major conglomerates...

David Marcus – the head of Facebook’s blockchain division – had some unusual things to say about bitcoin.Marcus: BTC Isn’t a CurrencyIn a recent interview with CNBC, the Facebook boss explained that he didn’t think BTC was a currency, and instead claims it has similarities with precious metals which cannot necessarily be used to purchase items but are a great store of value.In the interview, Marcus explains:I don’t think of bitcoin as a currency. It’s not a great medium of exchange because of...

Stellar, the world’s tenth-largest cryptocurrency by market cap, has seemingly jumped in price by more than 20 percent over the past day following an announcement by executives that the currency would undergo a massive “burn.”Stellar Is Up in FlamesThe process of “burning” crypto involves deleting it from existence. It does not reside on any blockchain or ledger, nor can it be purchased or added to any wallet address. The currency is gone, and it can never be bought, sold or traded in the...