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Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles
5.12.2019
The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going...
$4 Billion US Fintech Startup Sofi Receives New York Bitlicense
4.12.2019
Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...
Despite the Recent Slump, Crypto Prices Improved a Great Deal in 2019
2.12.2019
As far as prices are concerned, 2019’s cryptocurrency markets fared much better than the year prior. Currently, the entire market capitalization of all digital assets is hovering just above the $200 billion mark. The following is a look at the cryptocurrency market’s biggest gainers...
Ripple Transfers 1 Billion XRP Tokens From Escrow Wallet and Back Again
2.12.2019
Ripple transfers a total of 1 billion XRP tokens from its escrow wallet today, only to send it back minutes later
Sino-Russian Ties Make a Step Forward by Starting a $55 Billion Pipeline Project
2.12.2019
World Trade plays the most important role in today’s global economy and in the times when many big nations conflict with each other, there is always a scope for new associations. Averting the role and hegemony of the United States, Russia seems to have strengthened its agenda of “Look East” after...
Study: Blockchain Can Reduce Food Fraud By $31 Billion Within 5 Years
30.11.2019
The food industry could save up to $31 billion in food fraud savings by tracking supplies on the blockchain
Despite St. Louis Branch Warnings, New York Fed Pumps $108 Billion Into US Economy
29.11.2019
On Wednesday, November 27, the U.S. Federal Reserve pumped $108 billion into the American economy using overnight repo tactics and 15-day repos. The central bank explained the move will stimulate more liquidity into the faltering U.S. economy, but economists from the St. Louis Federal Reserve...
HSBC to Track $20 Billion in Assets on a Blockchain Next Year
27.11.2019
HSBC plans to track $20 billion in private-placement assets on its Digital Vault, allowing investors real-time access to their records
Ant Financial Plans to Raise $1 Billion Fund for New Start-ups
27.11.2019
Alibaba founder Jack Ma, owned Ant Financial, is making plans to attract around $1 billion in investment for a fund aimed at startups in Southeast Asia and India. According to a source, the company looking to invest in startups that are focused on markets in which mobile internet is growing...
Charles Schwab All Set to Acquire TD Ameritrade in $26 Billion All-stock Deal
26.11.2019
Discount brokerage TD Ameritrade is all set to be acquired by Charles Schwab in an all-stock deal worth $26 billion, according to an agreement Ameritrade stockholders will get 1.0837 worth of Schwab stock for each of their shares. It reflects a 17% premium over the Ameritrade stock’s 30-day average...
Market Update: Uncertainty Strikes Crypto Traders After Week-Long Downtrend
25.11.2019
Three days ago, cryptocurrency markets were holding foundational support after coins plunged 2-14% and the entire cryptoconomy dropped below $200 billion. Crypto prices continued to slide in a bearish trend, and over the last 12 hours, the entire market valuation of all 3,000+ coins lost another...
Market Update: Cryptos Shed Billions in Rapid Sell-Off
22.11.2019
Digital currency prices have been dropping in value this week and on November 21 the entire cryptoconomy fell below $200 billion. At the moment, most cryptocurrencies are down between 4-12% in the last 24 hours and 10-25% over the last seven days. Traders are currently pondering what will happen...
Crypto Platform Celsius Network Reaches $4.25 Billion in Total Loans
17.11.2019
Crypto platform Celsius Network reached $4.25 billion in total crypto loans
China to Spend More Than $2 Billion to Further Blockchain Adoption by 2023
12.11.2019
Despite the tough stance adopted by Chinese authorities against cryptocurrencies, the spending of the world’s most populous country on the blockchain technology is going to shoot through the roof. International Data Center (IDC) has recently reported that China is going to spend more than...
Wirex Launches Visa Travelcard to Transform 800 Billion Dollar Payments Industry of APAC
11.11.2019
Wirex, a cryptocurrency and fiat transfer platform headquartered in UK’s London, has recently unveiled its latest offering in the form of next-gen Wirex Visa Travelcard. The firm believes this card could help transform the 800 billion dollar payments industry of APAC. The official announcement...
Danske Bank Caught Using Gold Bullion to Launder Illicit Funds
10.11.2019
The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch...
DigiByte and Alex Kruger Left Sarcastic Remarks on Stellar Burning 55 Billion of Its Native Cryptocurrency XLM
6.11.2019
In a shocking turn of events, Stellar Lumens, a crypto-blockchain company focused on global payments and decentralized economies, burned 55 billion of its native token XLM. The move has sparked a big controversy in the community, with crypto influencers lashing it heavy criticisms, while the owners...
Will Stellar’s 55 Billion XLM Burn Trigger a New Bull Cycle?
5.11.2019
Stellar Lumens’ 55 billion XLM token burn could have a positive long-term impact on the price
Coca Cola Using Blockchain for $21-Billion-Per-Year Network
5.11.2019
Coca Cola’s bottlers are using a blockchain solution from German software firm SAP to manage their supply chain
Stellar Burns Over 55 Billion Tokens Worth $4.7 Billion USD
5.11.2019
The Stellar Development Foundation announced the burn of 55 billion XLM, stating that remaining tokens will be used for network development