Tag Archives: News

Top features on NEO like on-chain and off-chain governance as well as Delegated Byzantine Fault Tolerance (DBFT) have already made it one of the more appealing blockchains for businesses and enterprises. Now, the project is adding additional features that improve functionality.What Is NEO3 Preview1?NEO3 Preview1 is the first look at some of the changes that are anticipated to occur when the project transitions from its current NEO2 protocol to NEO3. NEO3 TestNet, which was also released on...

Open banking fintech company Deposit Solutions received its latest financing round of just over €40m involving Deutsche Bank. Part-owner and German Venture Capital firm Finlab revealed this in a statement on Wednesday. As part of the financing round, the shares of the Fintech startup were revalued according to the International Financial Reporting Standards (IFRS) and the company is now said to be worth about €1 Billion.Last year, the startup also received a financing round of €100 million...

U.K based fund transfer service, TrasnferWise Ltd, has announced that in its last fiscal year, the company’s revenues recorded growth by more than 50%. TransferWise which is fully backed by Sir Richard Branson as well as Peter Thiel’s Valar Ventures, had its fiscal year-end on the 19th of March, which confirms the company’s three-year consecutive profit streak.TransferWise successfully pulled in 179 million pounds (about $223 million) in revenue which is an increase of more than half of the...

The world’s largest cryptocurrency exchange by trading volumes, Binance, said that it will launch its over-the-counter (OTC) trading platform next month. More importantly, Binance says that the OTC platform will provide gateways to deposit fiat currencies including the Chinese Yuan.In a media session at the Shanghai Blockchain Week on Tuesday, September 17, Binance’s co-founder and chief marketing officer He Yi said that the platform will support fiat-on-ramp through OTC for the Chinese...

LinkedIn, the largest social networking service for connecting career and business professionals, has rolled out a new LinkedIn Skill Assessments feature. With the new service, users are able to take tests to verify their skills and then add a ‘verified skill’ badge to their profile.Finding the #job meant for you just got easier. Stand out with LinkedIn’s new Skill Assessments: https://t.co/8GqnebwjLC— LinkedIn (@LinkedIn) September 17, 2019LinkedIn has conducted a research and found out that...

Photo: UnsplashAmazon Music has done what other major streaming services are yet to do; the inclusion of an “HD” subscription option into its streaming service. Now Amazon Music is in the league of streaming platforms like Qobuz, Tidal, and Deezer, which can boast of high-quality audio options, though these platforms are “smaller” when compared to Amazon Music. The streaming services that are actually comparable to Amazon Music like Apple Music and Spotify are yet to join the high-resolution...

Litecoin price climbed higher recently and tested the $80.00 resistance area against the US Dollar.LTC price is currently trading above the key $72.20 support area, with positive signs.There is a major bullish trend line forming with support near $70.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is trading above the $70.00 and $72.20 support levels.Litecoin price is currently correcting gains below $75.00 against the US...

Social media giant, Facebook, has partnered with Luxottica, the parent company of Ray-Ban, to create smart Augmented Reality (AR) glasses.Luxottica previously partnered with Google in 2014 to design, build, and sell the Google Glass wearable device.The project, codenamed ‘Stella,’ is being developed to test the consumer market about a Facebook visual product and set to feature high-end functions. Stella is slated for launch sometime between 2023 and 2025 and will have a camera on the frame of...

As the stablecoin race catches up, cryptocurrency exchange Binance wants to position its Venus stablecoin more aggressively. Taking a dig at Facebook‘s Libra, Binance said that the Venus will be a government-friendly alternative to the Libra Coin.Last month in August 2019, Binance unveiled its plans to launch stablecoins and other digital assets pegged to fiat currencies across the globe. This initiative is part of the company’s plan to form major partnerships and alliances with global...

Crypto payments provider Bit Pay has announced that it will soon support Ethereum payments, allowing merchants to continue their journeys in adopting and accepting altcoins and assorted digital assets as means of payment. Bit Pay checks, validates and confirms transactions on all current blockchain networks within the digital currency space. Bit Pay and Ethereum Are Joining HandsEthereum is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. In a...