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Equities on major United States stock markets closed the trading session on Friday mostly lower, ending the worst week since the 2008 financial crisis. The Dow Jones and S&P 500 each dropped 12% and 11% in a week.Wall Street went through a historic drop this week all “thanks” to fast-spreading coronavirus that worried investors and traders. Novel coronavirus (COVID-19) developments grabbed the investors’ focus as the World Trade Organization (WHO) updated the coronavirus global risk to...

Joining the Libra Association, Tagomi will contribute at least $10 million to spend on the developing cryptocurrency. It will also support Libra, providing the necessary technical and policy assistance.Crypto prime brokerage Tagomi joins Facebook‘s Libra Association. The company will be the 22nd member of the Association and the second to join since the group’s formal foundation in October 2019. Tagomi President Marc Bhargava has already confirmed the news. But the formal announcement from...

Ripple’s XRP price may be on the road to the next big move, as the company is actively expanding the scales of its activities and joined the Top 100 Remittance Companies list being the only crypto-related company there.Ripple network sent 54 million in one week from the U.S. to Mexico, according to the reports. Such a big volume level pushes XRP price greatly, even though the recent downfall. With the company reaching the top 100 cross-border payment corporations chart, new horizons are...

The Dow Jones Industrial Average (DJIA) futures, as well as the Nasdaq futures and the S&P 500 futures, are moving higher thanks to a number of factors.On account of the United States celebrating President’s Day, the stock market trading remains closed. However, the after-hour trading sessions are still live as major indices surge to continue the market rally further.Today, following the Nasdaq futures and the S&P 500 futures, the Dow Jones futures also showed a modest rise....

After tweeting about a problem with PayPal and SquareCash, the CEO of Coinbase Brian Armstrong has been offered a solution by Ripple-backed Moneygram.Many traditional financial institutions are against the cryptocurrency sector. Unsurprisingly, several of these institutions go out of their way to stifle any transactions passing through their corridor, which has any bearing with cryptocurrency. Another occurrence has happened between PayPal and the Coinbase CEO, which sparked a lot of...

On Wednesday, it got about that American online payments company PayPal had partnered with UnionPay International (UPI), a subsidiary of the Chinese leading payment processor UnionPay. For both companies, the deal is a good way to expand their networks and penetrate into new markets.Jim Magats, senior vice president of global payments at PayPal, commented:“At PayPal, we are proud of this landmark agreement with UnionPay International and the global impact that this creates for our joint...

Pornhub, the popular adult website, has updated its payment methods and has added Tether (USDT) as an option. Just months after PayPal stopped supporting the platform, the cryptocurrency world introduces a viable alternative.TRON and USDT On PornhubThe adult platform announced that it had added the most-widely used stablecoin Tether (USDT) as a new payment option. The report clarifies that USDT is backed by the U.S. dollar, “meaning one USDT token is equal to one U.S. dollar.” Furthermore, it...

Tether (USDT) now joins Pornhub payment options along with Cosmo Payments which is a global payment processing app. Plus all that, the popular porn site added a direct deposit option for Australia and Puerto Rico. Heads up Models! We just added USDT, @CosmoPayment & more to our Payment Method options! Click here for details: https://t.co/LgyZuMasd4#USDT #Cosmopayment pic.twitter.com/BcnzK5Z6RN— Pornhub Model Help & Updates ✈️ XBIZ LA + AVN 2020 (@PornhubHelp) January 22, 2020Pornhub...

British multinational telecommunications conglomerate Vodafone has quit Facebook‘s Libra Association. Both Vodafone and Libra have already confirmed the information.According to Vodafone, they will use resources intended for Libra to develop its digital payment service M-Pesa. M-Pesa enables customers to send, receive and store money securely via a basic smartphone. Used mostly in Africa, the service enables all businesses to collect payments, make stock purchases and pay salaries. Moreover,...

Credit card giant Visa is acquiring Plaid, San Francisco-based company that focuses on democratizing financial services through technology. The sum of the acquisition made up $5.3 billion, which is twice as much as Plaid’s valuation in 2018.We’re incredibly excited to share that Plaid is joining @Visa!Together, we’re looking forward to expanding our products for developers and connecting consumers with the fintech services that are making money easier for everyone. More details...