Tag Archives: News

Photo: The Coinbase BlogPremier cryptocurrency exchange Coinbase has announced that it will offer interest on deposits in stablecoin USD Coin (USDC) for 1.25% APY. This indicates its willingness to encourage more of its large database of users to deposit their holdings in the cryptocurrency token. Transferring the value of the US Dollar which in itself is a significant advantage, the move is aimed at bringing respite to crypto users who always face the volatility which occurs on most of the...

IKEA, the world’s largest multinational furniture retailer based in the Netherlands, has successfully settled an invoice, receiving payment for goods bought by Iceland’s Nordic Store, using Monerium’s programmable digital cash. The initiation and completion of the transaction were carried out via Tradeshift – a global leader in the supply chain financial sector – on the Ethereum blockchain. The digital cash used in this transaction is a direct virtual form of the Icelandic official currency...

Microsoft announced something we didn’t really expect – a new foldable Surface Neo counterpart with phone functionality. Dubbed the Surface Duo, it runs Android instead of Windows. It seems that the world strongly needs a “clasp” because foldable phones are starting to be very much “in fashion” again.Microsoft came as a direct challenge to Samsung’s Galaxy Fold but also the upcoming Motorola Razr. The main difference will be in the fact that you may choose between one big screen that bends in...

Telegram Open Network (TON) announced in its letter to investors that it is close to its planned launch.Mitja Goroshevsky, CTO of TON Labs, a startup building tools for TON developers, said that TON Labs itself “will run and manage its own validation pool.”He confirmed the authenticity of the letter saying that original investors received emails from the Telegram core team and that is expected from them to provide Telegram with their public keys by Oct. 16 using the key generator in order to...

There has been a lot of negativity surrounding the launch of Facebook Libra over the last few months. Global regulators and banking institutions have showered severe criticism over the project. However, despite several kickbacks, the Libra Association is proceeding ahead with its plans of mainnet launch.Recently, the Libra Association has published a new roadmap that highlights 4 major milestones to be attained before the launch of the Libra network. The Calibra team says that the first...

To make sure that Ripple‘s XRP begins to function on a broad basis, Ripple Labs has introduced the Xpring platform in order to enable third parties to be able to use XRP’s Mainnet for different kinds of applications like never before. One year after Ripple announced the existence of the platform, the XRP development team decided to enable just about anyone to be able to create smart applications that use XRP as the main token of execution of transactions.Ripple indicated this in a tweet that...

EOS price is currently correcting higher after it formed a support base near $2.650 against the US Dollar.The price is facing a lot of hurdles on the upside near the $3.050, $3.100 and $3.350 levels.There are two bearish trend lines forming with resistance near $3.050 and $3.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher towards $3.100 or $3.350, but upsides are likely to be contained.EOS price is currently trading near key resistances...

Microsoft Surface event started on a big note with the tech giant unveiling some impressive line of hardware. The most eye-grabbing announcements were the company’s new foldable smartphone Surface Duo running on Android and the Surface Earbuds running on Android.Company CEO Satya Nadella kickstarted the event while Surface chief Panos Panay took the wraps off from the new Surface offerings. Well, let’s take a look at some of the most-important devices unveiled at the Surface event. So without...

Litecoin price declined recently and traded below the $55.00 support against the US Dollar.LTC price is currently consolidating losses near the $55.00 level, with many hurdles on the upside.There is a major bearish trend line forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could recover in the short term, but $60.00 and $62.00 are likely to protect gains.Litecoin price is currently in a negative zone against the US Dollar and...

Last month, Google made a shocking announcement: that it had developed a supercomputer that could potentially solve very long and complicated mathematical equations. For some analysts, this meant only one thing: that bitcoin was about to become obsolete.A Supercomputer that Makes BTC Obsolete?Data pertaining to the computer was eventually published to NASA’s website, though the information was ultimately taken down potentially because it had not yet been confirmed.As we all know, bitcoin...