Tag Archives: News

It seems Facebook‘s Libra association is falling deeper and deeper each day. As per G7, the group of the biggest economies in the world report, it has, as quickly as possible, to prove that it is safe and secure and poses no risk for its users.In a massive slap to the social media company, the report says that cryptocurrencies (including not only Libra) are a big risk to a world’s financial system.The report says that even if Libra’s creators are able to address global concerns – the project...

On Saturday we reported how, after PayPal Holdings Inc. abandoned Facebook’s association Libra, the other big payment giants followed its example.Mastercard, Visa, eBay, Stripe and Mercado Pago have also pulled out and it seems this could become pretty large obstacle to the development of this cryptocurrency.Director at VanEck Gabor Gurbacs said the companies that abandoned Libra Association were actually pressured into leaving.As per Gurbacs, there is growing concern for Facebook’s ability...

Stellar lumen price is trading in a positive zone above the $0.0600 resistance against the US Dollar.XLM price is showing positive signs and is testing the key $0.0640 and $0.0650 resistances.There is a crucial bullish trend line forming with support near $0.0610 on the 4-hours chart (data feed via Kraken).The pair is likely to rise sharply above the $0.0640 and $0.0650 resistance levels in the near term.Stellar lumen price is gaining bullish momentum against the US Dollar and bitcoin. XLM...

In an unfortunate turn of events, messaging giant Telegram is facing major resistance from the U.S. SEC for token-sale of its native Gram (GRM) tokens. This has further resulted in the delay of the launch of the Telegram Open Network (TON) blockchain.Last Friday, the SEC issued an order calling Telegram’s token sale as “unlawful” under the agency’s securities laws. As a result, Telegram has push-ahead its plans of TON blockchain launch and GRM token issuance.Appraising the investors of this...

Photo: BitCherryThe Black Panther movies produced by Marvel Studios shows us an African country that has never been colonized and raid. As shown in the film, they are using the rare mineral called “Vibranium” to modernize and prosper the growth of their countries under a self-supporting condition. Such scenarios are leading the audience to have full delusions towards another possibility in Africa. But, is it possible for African countries, in reality, to use their natural resources to...

Ripple price started a fresh increase above the key $0.2660 resistance against the US dollar.The price is currently showing a lot of positive signs above the $0.2800 resistance area.There was a break above a major contracting triangle with resistance near $0.2580 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to climb further higher towards the $0.3000 and $0.3200 resistances.Ripple price is gaining bullish momentum above $0.2800 against the US Dollar....

Would you have ever thought that cryptocurrency and fast food would go together? Neither did a lot of people, but as it turns out, it’s happening. Through a new partnership with Ethereum and popular burger joint Fatburger…Fatburger and Ethereum: A Perfect Match?To be fully clear, it’s not just Fatburger itself, but the corporation that owns it. This corporation owns several restaurants and fast food joints, including Bonanza Steakhouse and Ponderosa Steakhouse. They all exist under the name...

Ripple’s XRP is leading the way as many of the industry’s top 20 cryptocurrencies are beginning to experience solid gains over the early morning and afternoon hours.XRP, Bitcoin and Ethereum Are Fighting for Their LivesAt press time, XRP has built itself up to 28 cents per unit – a near five-cent boost since it was first struck by the crypto bloodbath of last September. Bitcoin is also holding its own and is currently trading at just shy of $8,450. This is a spike of more than $100 in just...

Back in June, Live Bitcoin News reported that an online banking firm, Current, wasn’t very happy with Facebook or Libra, claiming that the project had potentially stolen its logo. Now, that anger has turned into a full-fledged lawsuit.Current Takes Facebook to CourtCurrent has filed suit against Facebook in a New York district court for allegedly stealing the logo of its company. When looking at the two examples, one can see that the bank’s properties may have been stolen. The logos of both...

Samsung’s announcement that TRON CEO Justin Sun would speak at the company’s forthcoming Developer Conference took many by surprise. The San Jose event, to be held over two days from October 29, will play host to developers, creators and technologists, with blockchain certain to be a major talking point.What to make of the Samsung-Sun linkup? Or is it premature to refer to it in such terms? After all, Sun is ostensibly in town to be a guest speaker tasked with discussing how the future of...