Photo: BitBay / TwitterBitBay has become the latest major cryptocurrency exchange to create an Initial Exchange Offering (IEO) launchpad. IEOs have surged in popularity in recent years, largely replacing the ICO funding model. BitBay’s new platform will launch on November 18, with users given the chance to buy IEO tokens directly via EURO, USD, GBP and Polish Złoty. With 245 IEOs having taken place in the past few years, BitBay may be late to the party – but the exchange hopes to hit the...
Read More »With Google’s Support Fitbit Might Catch Up to and Overtake Apple Watch
Google’s parent company Alphabet has revealed that it will be purchasing popular wearables giant and smartwatch maker Fitbit, in a deal that will be closed soon. Worth $2.1 billion, many analysts agree that this deal has all the makings of a blow-up and could very seriously cement Google’s position as a strong contender in the smartwatch market, a market already largely dominated by Apple. While this is very interesting and important news, the market is starting to wonder whether or not...
Read More »Santander Buys Majority Stake in Startup Ebury for £350M
Spanish bank Banco Santander SA on Monday announced it is acquiring a major stake in the British payments platform Ebury. The price of this acquisition is, according to the announcement, £350 million ($453 million).Proud to announce that @bancosantander has bought a majority stake in Ebury! ? https://t.co/3F8Zisjz1u pic.twitter.com/15GC4O05A8— Ebury (@EburyUK) November 4, 2019Santander is buying 50.1 percent of Ebury’s stake, which makes it a stakeholder having a controlling vote. This...
Read More »AI and Blockchain to Revolutionize Warfare, Says Indian Defense Minister
Today most of the weapons are software-based and intricately networked. As IoT and cloud computing, as well as connectivity, have increased, hard to detect cyber threats have evolved. Cybersecurity is even more critical in military-dedicated networks. The challenge in the information age is to repeal attacks from multiple sources, proactively react and prepare for any contingencies.Modern warfare will include new technologies like Artificial Intelligence (AI), blockchain and big data as...
Read More »Google Pay to Accept Biometric Confirmations for Payments
Is what is seen by many as an innovation that will spark a revolution in the electronic commerce industry, Google Pay will now accept biometric security confirmations instead of the usual PIN code that people are already used to on the platform.Google Pay is formerly known as the Tez App which has already made its niche in the payments industry in terms of processing of transactions for users. SMS notifications on all transactions done within the Google Pay app recently became available and...
Read More »Warren Buffet’s Profits Receive Enormous Rise despite Market Uncertainty
Warren Buffett and his company had their total capital rising to a record of $128 billion during Q3 2019, сovering all the losses and showing the company has some great risk management tools. The measure supposes to help the company’s under-performing stocks, while some market analysts claim it will make the stocks fall faster. Berkshire spent 1.7 billion in Q1, 442 million in Q2, and 700 million in Q3 on repurchasing stocks in 2019. They also have changed the rules by which the stocks...
Read More »RRMine Expressed Its Ambition to Be the Largest Cloud Hashrate Platform
From October 26 to 31, 2019(PST), a series of activities was organized in the framework of the Vegas Blockchain Week and World Crypto Conference 2019 (WCC 2019) hosted in Las Vegas, USA. RRMine North America team was among the participants of these important events and had an opportunity to present its platform and share its views on the state of the mining industry in a public speech and a number of interviews. RRMine’s VisionYung Cheng Tsou, RRMine Global CEO, said that their goal and key...
Read More »Bitcoin Hit $20K in 2017 from Manipulation by One Single Market Whale
Most of the crypto community, especially Bitcoin hodlers, are almost always hoping for a spike like the one that happened in 2017, which saw the king coin hit its current all-time high of $20,000. Even though a terribly bearish market followed some months after, the spike is still often referred to as not just a game-changer, but a point where Bitcoin needs to reach again, to break out of its frequent periods of disappointing consolidation. However, some analysts have suggested that the...
Read More »World’s Largest Oil Producer Saudi Aramco Files for an Initial Public Offering
Saudi Aramco, the world’s largest and state-owned oil producer of Saudi Arabia, has announced its plans of Initial Public Offering (IPO) on Sunday, November 3. This is likely to be the largest ever initial stock offering with stocks listed on Saudi’s domestic stock exchange, Tadawul.An unspecified percentage of shares will be available for trading next month as the oil giant plans to raise anywhere between $20-$40 billion. Note that this will be just 1-2% of the stake sale for the company....
Read More »Stellar Lumen (XLM) Price Remains In Uptrend Above $0.0650
Stellar lumen price is showing a lot of positive signs above the $0.0650 support against the US Dollar.XLM price corrected lower recently after trading as high as $0.072.There is a key rising channel forming with support near $0.0650 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside near the $0.0660 and $0.0650 levels.Stellar lumen price is following a bullish path against the US Dollar and bitcoin. XLM price start a fresh increase as long as the...
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