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Cubans Fall Back on Bitcoin and other Cryptos For Bypassing US Sanctions
13.9.2019
It is a widely known fact that Cuba has been stuck in an analogue phase to date. Thus, the likeliness for the country to become a crypto hub is extremely low. However, things seem to be changing now, thanks to the mobile internet connectivity that was rolled out almost around one year ago....
Bittrex to List Hedera Hashgraph for U.S. & International Customers
13.9.2019
The United States-based, globally reputed cryptocurrency exchange, Bittrex has announced the listing of its highly anticipated project, Hedera Hashgraph, on its platform. Carved out as the brainwork of Dr. Leemon Baird, Hedera Hashgraph ($HBAR) will be made available for the trading purpose...
Walmart’s ‘Delivery Unlimited’ Service All Set to Be Expanded Across the United States
12.9.2019
Retail behemoth Walmart has possibly been the most innovative company when it comes to traditional retail, and over the years, it has tried a wide a range of tactics to enhance its already impressive market dominance. Over the past decade or so, the company has also devised ways to tackle...
US E-Cigarette Ban Stokes Fears Trump Could Target Bitcoin
12.9.2019
Trump proves ease of banning anything: Bitcoiners fear they could be next
CEO Jamie Dimon Says that JP Morgan is Preparing for Risks from Zero Interest in the US
11.9.2019
The issues surrounding interest rates have taken centre stage among financial circles over the past few months, and one of the most interesting yet controversial topics has been that of negative interest rates. Many countries in the world now have negative interest rates, and now it is being...
Circle CEO, Jeremy Allaire States that China has an Open-minded Approach to CBDCs
11.9.2019
Circle CEO, Jeremy Allaire, opined that China has the most open-minded way to deal with CBDCs (central bank digital currencies) to date. Further, Allaire said in a recent interview on Phoenix Chinese News that China’s national bank has the most forward-thinking considering Central Bank...
China Adds Almost 100 Tons to Its Gold Reserves
9.9.2019
The world has been in the middle of an economic downturn for most of 2019 due to a range of factors. The uncertainty with regards to interest rates and the continued United States–China trade war has brought on a lot of chaos on to the markets. Due to such chaos many investors have decided...
Binance Charity’s Kind Gesture Towards Dorian Victims, Raises Charity Fund
8.9.2019
Binance Charity, an initiative of the cryptocurrency giant Binance, is setting its pace for a campaign aimed to support the Hurricane Dorian’s victims. Finance Charity began accepting cryptocurrency donation funds on September 3rd for the planned campaign that promises to cater to the basic needs...
The US Department of Energy Permits Around 200,000 Dollars to Factom For Grid Security
7.9.2019
The DOE (Department of Energy) of the United States has granted about 200 hundred thousand dollars to a blockchain company called Factom. The project aims at protecting the national grid of power. As per the reports, the Department has awarded the said funds to the entity on 12th July 2019....
Bittrex Exchange Conducts WAX-WAXP Swap From ERC20 Token To New Mainnet Blockchain
7.9.2019
The United States domiciled cryptocurrency exchange, Bittrex has completed the upgradation of its framework by successfully channelizing the WAX-WAXP swap from ERC20 to a new mainnet blockchain. The users of WAX cryptocurrency tokens will now see a new ticker of $WAXP instead of its earlier...
Despite Potential Economic Slowdown; Citi Goes Big on Credit Cards
6.9.2019
When there is an economic slowdown, then the availability of credit dries up instantly and eventually, the government of the country’s central bank has to stimulate the economy through financial packages. Banks generally stop the tap as far as giving any kind of credit is concerned and eventually...
U.S. Congressional Probe Identifies Possible Gaps in Deutsche Bank’s Money Laundering Controls
6.9.2019
A decade or so ago, German banking giant Deutsche Bank AG was counted among the biggest banks in the world, but the financial crisis of 2008 hit the bank hard. Since the financial crisis, the bank has struggled to put its business into top gear again, and now it is faced with a legal issue...
NSA Reportedly Working to Develop Quantum-Resistant Crypto
5.9.2019
The United States NSA (National Security Agency) is reportedly attempting to develop a quantum-resistant crypto. As indicated by a tweet from Bloomberg cybersecurity journalist William Turton, Anne Neuberger, the director of the NSA’s Cybersecurity Directorate, stated at the tenth Annual...
NSA Reportedly Working to Develop Quantum-Resistant Cryptocurrency
5.9.2019
The United States NSA (National Security Agency) is reportedly attempting to develop a quantum-resistant cryptocurrency. As indicated by a tweet from Bloomberg cybersecurity journalist William Turton, Anne Neuberger, the director of the NSA’s Cybersecurity Directorate, stated at the tenth...
Bank of Armed Forces Criticizes Mastercard for Stopping Card Service in Venezuela
5.9.2019
One country that has been in the middle of a prolonged economic depression is Venezuela and despite the country’s vast reserves of oil, there seems to be no way out for the citizens. The country is suffering from severe food shortages, runaway inflation, and other troubles that one associated with...
NSA Working to Develop Quantum-Resistant Cryptocurrency: Report
5.9.2019
The NSA is pursuing the development of a quantum-resistant cryptocurrency, as reportedly revealed during the Billington CyberSecurity 10th annual summit in D.C
FIN Advises US Congress To Govern Cryptocurrencies Under Bank Secrecy Act
3.9.2019
The leading strategic advisory firm, Financial Integrity Network or FIN, has released an advisory recommendation for U.S. Congress concerning the regulatory measures of the cryptocurrency sector. In a testimony before the crucial hearing, FIN announced that it purports to establish a new financial...
High-Level Indian Panel Working on Far-Reaching Reforms in Country’s Fintech Sector
3.9.2019
The Fintech sector has become one of the fast-growing sectors globally, and it has become an important sector in India as well, which remains one of the biggest economies in the world. The government of India has pushed the usage of Fintech solutions for the everyday transaction and came up with...
SoftBank’s Brightstar and Wirecard Ink Cooperation Agreement
2.9.2019
The growth in Fintech has been nothing short of extraordinary over the past half a decade or so, and it is going to continue for the foreseeable. The development of technology and the wide use of smartphones as well as the internet made it possible for the Fintech industry to grow at a breakneck...
Analysts Project Tough Times Ahead for Banks After Gloomy Bank of America Forecasts
30.8.2019
More often than not troubles in the banking sector do not only ever stay restricted with one bank, unless of course, the issue is specific to the bank. For instance, if a bank loses its way due to risky investments, then it might not affect the whole sector, but when the issue becomes a structural...