Tag Archives: News

Volvo Cars is the newest car manufacturer that decided to join the Responsible Sourcing Blockchain Network (RSBN) – a cross-industry collaboration for responsible sourcing of minerals, with the focus on strengthening human rights and environmental protection in mineral supply chains.As per the report sent to CoinSpeaker the consortium is pioneering the use of IBM’s blockchain technology for accountability and compliance in the mining and production of minerals from the mine to the...

Vertical Research Partners is the first company that started covering Virgin Galactic, the space company founded by British billionaire Richard Branson. They gave it a “buy” rating and said its risk “is misunderstood.”In his letter to investors analyst Darryl Genovesi wrote:“We think the technical risk to SPCE’s human spaceflight program is less draconian than the stock appears to be pricing in.”Virgin Galactic had its IPO last week, following the realization of its merger with Chamath...

Ripple Labs Inc, and its CEO Brad Garlinghouse are enmeshed in a lawsuit with Bradley Sostack who is the court-appointed plaintiff in a lawsuit that argues that Ripples monthly Escrow sales of its token constitute illegal sales of securities.The filing which was made public on Monday indicates that the new claim was made as a result of Ripples’ motion to dismiss the suit in September. Ripple is basing its argument on the statute of repose where the plaintiff didn’t file any charges within the...

Josh Riddett, CEO of Easy Crypto Hunter, thinks that Brexit could bear a lot of positive results for bitcoin and eventually push the cryptocurrency past the $1 million point.Riddett: BTC Will Spike Heavily in 20 YearsIn a recent interview, Riddett commented that bitcoin and other forms of crypto will likely serve as the predominant methods of payment within the next five to ten years and says that Brexit could ultimately cause bitcoin to hit one million pounds (about $1.2 million in USD).It...

$16,000 seems to be a popular number amongst bitcoin price predictors. Recently, Live Bitcoin News reported on a source that claimed bitcoin could potentially reach that number by the time November began. Sadly, this prediction didn’t come true, but that’s not stopping Changpeng Zhao – CEO of Binance, arguably the world’s largest and most popular cryptocurrency exchange – from touting $16,000 as a figure that will arrive “soon.”Changpeng Zhao – $16,000 Is On Its WayThe prediction that stated...

Xiaomi, which runs the race with Apple for the first position in the wearable sector, decided to add some spark into this race and make it more interesting.The Chinese electronics giant announced it is launching its first smartwatch. Dubbed the Mi Watch, the Chinese smartwatch looks pretty much the same as the Apple Watch.With its square body that has a crown and a button, it works with a 1.78-inch AMOLED display (326 ppi) that provides the always-on capacity and runs the company’s homegrown...

The Wall Street Bets, a Reddit branch dedicated to stock trading, is full of hot discussions around Robinhood. Traders were using the broken leverage system in the app to gain unbelievable profits. During his trade session, one of the traders had managed to turn $4,000 to one million thanks to the app’s code flaw that is still not fixed.The glitch allowed several other traders to access large amounts of illusive margin. A trader wrote that he had gained access to $50,000 of the funds while...

Controversial internet entrepreneur and founder of former content distribution site Megaupload Kim Schmitz, who is also known as Kim Dotcom has decided to postpone his token sale which was to occur on the cryptocurrency exchange Bitfinex. The token sale was for a new incentivized content sharing network which has been referred to as K.im.The K.im project was supposed to raise funding for the project on Bitfenex’s cryptocurrency exchange platform using an Initial Exchange Offering (IEO) and...

Photo: ShutterstockDmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.The Bitcoin keeps correcting inside a flat. There are expressed resistance and support areas on the chart but the quotations have not yet managed to escape the channel. There are chances that, however, the leading cryptocurrency might break through the upper border of the range...

Photo: RippleApart from being popular for using in its solutions XRP which is the third-largest digital currency in the world and has been for a long time, Ripple is also quite known for many of its offerings in the sector, including several divisions and partnerships. The company through its investment arm Xpring, has now invested into Flare Networks, a platform for smart contracts.According to an official Flare Networks blog post, Ripple has “completed a strategic investment into Flare.”...