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Tag Archives: News

Bitcoin Jumps Past $8,500, Marking Huge Gains

At press time, bitcoin – the world’s number one cryptocurrency – is trading for over $8,500. This marks a massive rise from yesterday, when the currency was trading for just under $8,200, and a $300+ spike is being welcomed by enthusiasts everywhere.Bitcoin Jump Is the First in Some TimeRoughly two weeks ago, bitcoin and its altcoin cousins suffered from what was arguably one of the worst bloodbaths in some time. The negativity doesn’t stem from how much bitcoin lost necessarily, but rather...

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Facebook’s Libra to Be Forked to ‘OpenLibra’

When Facebook‘s cryptocurrency Libra started struggling with keeping its co-workers to keep partners on board and all of the institutions happy, an alternative called OpenLibra came to address some of Libra’s potential flaws.OpenLibra is described as an “open platform for financial inclusion,” with a tagline: “Not run by Facebook” and it was announced at Ethereum Foundation‘s Devcon 5 conference in Osaka, Japan.Be it as it may, thirty blockchain companies and nonprofit organizations decided...

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Apple’s Augmented Reality Glasses are Coming Out Early Next Year

New claims are beginning to emerge that Apple is planning to introduce augmented reality glasses to the marketplace early next year. Sources indicate that popular Apple research analyst Ming-Chi Kuo released a research note from TF International Securities with the information. In the note, Kuo observed that Apple will be working with several different companies to make this happen on time. Kuo also indicated that plans to get the new devices on the production lines are already in place and...

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Call of Duty Mobile Reached 100 Million Downloads in One Week after Launch

On October 1, a new game Call of Duty: Mobile was rolled out by Activision Blizzard. The game, available in all regions that support Google Play and App Store, except China, Vietnam, and Belgium, has managed to reach 100 million installs just one week after it was launched. This incredible number of downloads in such a short period of time makes a new record in the gaming industry and allows us to consider Call of Duty: Mobile the best launch of a mobile game the world has ever seen.Call Of...

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Saudi Aramco to Publish IPO Prospectus Before October Ends

Before the end of October, Saudi Aramco, the world’s largest oil producer, will be filing a prospectus for its intended initial public offering (IPO). According to the Wall Street Journal, the publication is expected on Oct. 25 in Arabic, with an English version to be published on Oct. 27. Owned by Saudi Arabia, this is in line with the government’s plan to publicly list the company, as it prepares to make a final decision on whether or not to continue with the offering.After the prospectus...

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Instagram Releases New ‘Create’ Mode with ‘On This Day’ Option

A long-awaited photo and video-sharing social networking service owned by Facebook, Inc., Instagram’s ‘Throwback Thursday’ finally saw the light of the day. The new feature is now a part of the new Instagram “Create” mode that launches today in Stories, and the app now works beyond the camera.Create is a feature that makes Instagram a more ‘ubiquitous’ social network. However, be it as it may, this social network has the possibility to modify to a wider range of content formats.As for now,...

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Cryptocurrency Donations Without Limit to Politicians are Now Legal in Japan

In a surprise move that will spur further adoption of cryptocurrencies in Asia and globally, the Japanese can now donate unlimited amounts of cryptocurrencies to politicians and need not disclose this to the authorities. This was made known by Sanae Takaichi in a press conference two days ago. Sources indicate that she said that cryptocurrency donations don’t fall under the purview of the Political Funds Control Law and as such don’t need to be disclosed and can be donated without limit to...

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Robinhood Announces Revamped Cash Management Feature With 2.05% APY

Robinhood, the financial services and stock-trading company based in California, has just announced its launch of a new feature called Cash Management. According to the announcement, the new feature which will come with a Mastercard debit card will allow its users to earn an annual percentage yield (APY) of 2.05% on all unused funds left in brokerage accounts. Users can now visit Robinhood and join a growing waitlist, to take advantage of Cash Management and reserve a debit card.In December...

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Sony PlayStation 5 Officially Launches ‘Holiday 2020’ with a New Controller

After long waiting, Sony Interactive Entertainment has finally officially confirmed that its upcoming next-generation console will indeed be called PlayStation 5 and will be ‘launching in time for Holiday 2020’.We have already reported of Microsoft and Sony that decided to merge in order to fight competition from Amazon and Google in the provision of cloud gaming services that are expected to take the gaming world by storm in the near future.Playstation never had imaginative names. Since the...

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Binance Unveils P2P Trading Facility for Chinese Yuan

Photo: Binance BlogCrypto exchange Binance is on an aggressive development spree this year. On Wednesday, October 9, Binance has launched its new P2P trading facility for trading cryptocurrencies against the Chinese Yuan. Currently, this facility is only available for Android users. However, it has promised to roll-out this facility on iOS and web interface as well. In its announcement, the crypto exchange said:“Binance has launched P2P trading functionality with BTC, ETH and USDT available...

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