Tag Archives: News

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...

Well, here’s a real downer. If you had high hopes for the possibility of a bitcoin exchange-traded fund (ETF) finally getting approved this October, you can douse those hopes in gasoline and set them on fire. Why? Not because the Securities and Exchange Commission (SEC) has decided against it, not because of any delays, but because the instigators of the ETF proposal – CBOE, VanEck and Solid X – are withdrawing it on their own terms. VanEck Pulls Out, No Answer GivenWhat happened? Seriously,...

If you thought bitcoin wasn’t doing well as of late, just look at some of its main competitors, specifically Stellar. The currency has fallen greatly since it peaked in early 2018, but then jumped back up during today’s early morning hours – only to drop back down a few moments later.Stellar Is Flailing at Press TimeIt’s another classic case of a cryptocurrency that doesn’t seem to know what it wants to do. Bitcoin enthusiasts have been seeing this quite a bit over the past few months....

Photo: ComcastNBCUniversal which is a United States media giant and Subsidiary of media conglomerate Comcast (CMCSA) is set to launch its streaming service named Peacock which of course is in tandem with its logo. Following NBC’s traditional content which comprises of NBC’s legacy content which has spanned the greater part of three-plus decades with sitcoms, original shows feature films and even fresh content and the unscripted ones will be made available for the new streaming service.The...

Photo: UnsplashA new Vegan focused exchange-traded fund (ETF) was launched on the New York Stock Exchangenew yor on Tuesday the 10th of September. Dubbed the U.S. Vegan Climate ETF with the code VEGN, the ETF costs 60 basis points for interested participants and it is the first vegan and climate oriented ETF that has been ever launched.Initiated by Beyond Investing which is itself a vegan and anti-animal investment service, the new ETF boasts of more than a few major holdings including...

With the massively exploding global internet user-base, the web is cluttered with a lot of information and companies providing web services are facing severe challenges in segregating the useful information and getting it to their users.Taking a step towards effective web monetization, open-source web browser Mozilla, Ripple-backed content platform Coil, and non-profit organization Creative Commons have pledged a whopping $100 million for a program dubbed Grant for the Web that aims at...

Things aren’t so great in the FedEx camp at the moment as the express shipping and logistics firm fell short of expectations on Wall Street for its first fiscal quarter of the year, which ended in August. This has led the firm to also lower its general expectations for its possible earnings for next year to between $10 and $12 in earnings per share. Due to this, FedEx stock’s (FDX) after-hours trading fell more than 9%.Based on the report posted for the quarter, the company reportedly pulled...

Photo: CoinspeakerTechnology innovation startup GitLab which operates fully remotely has raised $268 Million in series E funding ahead of the planned IPO. This was revealed on Tuesday the 17th of September by the company. This brings to $426 Million the total amount invested since 2015 and the $2.75 Billion the total valuation of the company which is more than twice the valuation when last year’s $100 Million series D funding took place. It was led by Goldman Sachs and Iconic...

Binance, one of the world’s leading crypto exchange is opening its platform for the American market today, on September 18. In the official post published by CEO Catherine Coley, it was noted that Binance US will support the biggest coins in the market and will offer to make US Dollar deposits as well. The blog post reads:“We will be accepting inbound transfers of BTC, ETH, XRP, BCH, LTC, USDT, and USD upon appropriate account verification.”But what’s about Binance Coin (BNB)? It was not...