Tag Archives: News

It seems like cryptocurrency and bitcoin ATMs are all the rage. Bitcoin ATMs Are Expanding QuicklyBear in mind that people aren’t necessarily at a point where they’re replacing fiat with cryptocurrency altogether, but bitcoin ATMs are serving a huge purpose for those in countries that lack financial infrastructure. In Latin America, for example, where these products seem to garner most of their business, countries such as Venezuela have been bogged down by socialism for years, leaving many...

So Fi has announced that it will be adding bitcoin, Litecoin and Ethereum to its investing platform now that it’s joining hands with Coinbase, arguably the biggest and most popular cryptocurrency trading platform in the United States. People will now be able to participate in exchange-traded funds (ETFs), stock trades and cryptocurrency transactions through one company. So Fi Is Growing Like CrazyApproximately 40 different coins are available for purchase and trade via So Fi, and customers...

Malta-based cryptocurrency exchange Binance has finally opened up it’s long-awaited “store” in America’s part of the crypto-space, by launching trading on its new exchange for U.S. users. Today, on September 24, Binance.US has been officially launched.https://t.co/AZwoBOy3iq Opens Trading For BTC, ETH, XRP, BCH, LTC, BNB and USDThttps://t.co/Sc8MkzYkn4 pic.twitter.com/wlv9SCshlM— Binance.US (@BinanceAmerica) September 24, 2019The company hopes that by doing so, it could enlarge its influence...

At press time, bitcoin is at its lowest trading point in several weeks and is presently sitting at just over $9,500. This marks the first time since August that the currency has fallen below $10,000. It also marks a fall of about $700 in just the last couple days.Bitcoin and Its Crypto Cousins Ain’t Doing So HotBitcoin, as analysts claim, has been experiencing lesser volatility over the past few months, but when movements like this occur, it’s hard to take these words as pure fact. If that...

Founded by Mark Zuckerberg and a few of his friends back in February 2004, Facebook has become the world’s largest social media platform and social networking service company. Today, the company has more than 2 billion active users and is also the second biggest platform for digital advertising only behind Google.Along with Amazon, Google and Apple, Facebook is regarded as one of the big four tech companies and has consistently maintained a monopoly in the social media space. However, even...

The logistics and supply chain industry has been topsy-turvy since the dawn of the new millennium. So many issues have made many logistics and supply chain systems to change from being simple down-to-earth and easy to use to becoming complex and most times incomprehensible.This has made many nightmares come true for organizations with losses ranging from thousands to millions of dollars. This has however changed over time with the introduction of solutions that have changed the outlook of the...

One of the greatest technology companies on the face of the earth IBM has indicated its willingness to work with social media giant Facebook on its cryptocurrency Libra. In a CNBC interview on Monday 23rd September 2019, the Blockchain services of the firm Jason Kelley indicated his organization’s willingness to work with just about anybody in the crypto space. He said:“Blockchain is a team sport… Our clients are ready to work with (Facebook) and we’re ready to work with all of them to bring...

London-based blockchain startup Everledger recently announced of securing a massive $20 million in Series A funding led by Tencent Holdings Ltd. Other major participants to this funding round included Rakuten, Fidelity, Graphene Ventures, Bloomberg Beta and Vickers Venture Partners.Founded in 2015, Everledger uses the blockchain technology to develop an immutable ledger for asset ownership. In addition, Everledger also looks to tap other emerging technologies like AI and IoT to create robust...

After the close of a successful deal, a third of Jack Ma’s online financial services provider, Ant Financial, is now owned and controlled by Alibaba Group Holding Ltd (BABA). The deal is more than a few years in the making as it was first proposed that both giant companies initiate much stronger collaborative efforts more than five years ago. Both companies were started by Ma.Originally starting as Alipay, Ant Financial was founded back in 2004 and by 2013, it had overtaken PayPal as the...

Photo: CTRL-labsFacebook said on September 23 that it agreed to acquire New York-based CTRL-labs. The acquired startup is creating a wristband that will let people communicate with computers using brain signals. Thus, the new device will let people control digital devices using their minds.CNBC reported that the deal is estimated to be worth around $1 billion. However, a Facebook spokesperson said that it is lower than the reported $1 billion. Andrew Bosworth, the Facebook Vice President of...