Business news

Business news in the world of crypto & currency

Sep 16, 2019 at 10:23
Cryptocurrency Distopia by Facebook: Is it the End of Freedom?
One of the great advantages that Bitcoin has is that it is decentralized, and hence not controlled by any central agency. Cryptocurrency gives exceptional capabilities to counterspy on and command what individuals do, and putting that authority to a few persons or companies is not only extremely dangerous but also unsafe.
Sep 09, 2019 at 10:44
Investors are Leaving Blockchain & Cryptocurrency Industry
Several investors are gradually withdrawing from the Bitcoin, cryptocurrency and blockchain industry. This year has been a good period for cryptocurrencies as some popular digital assets, such as Bitcoin (BTC), recording over 100% in Return on Investment (ROI).  Albeit, funding has considerably condensed and investors appear to be backing off or considering to pull back. The big question however remains as to why this is happening at this time?
Sep 04, 2019 at 07:15
Founding Father of Blockchain Praises Electroneum, Compares Its Security with that of Bitcoin’s
Dr. Scott Stornetta is the blockchain co-inventor quoted in the Bitcoin whitepaper written by Satoshi Nakamoto, who created the first cryptocurrency in 2009.
Aug 19, 2019 at 13:31
Ethereum to Switch to ProgPoW Mining Algorithm in Upcoming Istanbul Hard Fork
The developers of Ethereum have announced a new hard fork, called Istanbul. Unlike most previous hard forks, Istanbul will be completed in 2 stages and will have 6 diverse codebase upgrades.
Aug 16, 2019 at 10:13
Bitcoin Now on Galaxy Note 10. Samsung Supports BTC in its Blockchain SDK
The world’s largest information technology firm, Samsung Electronics, headquartered in Seoul, South Korea, has successfully added Bitcoin support to its new upcoming distributed ledger tech (DLT) Keystore Software Development Kit (SDK), and the company has disclosed that its digital currency wallet is compatible with its latest Galaxy Note 10 smartphone handset. Samsung is one of the most active companies adopting cryptocurrency and blockchain solutions in 2018-2019.
Aug 14, 2019 at 13:06
Beware of Facebook Libra Scam: Fraudsters Are Stealing from Cryptocurrency Beginners
As the entire cryptocurrency ecosystem eagerly awaits the world’s leading social networking service provider Facebook officially launching its own USD-backed token called Libra, a large number of anonymous fraudsters have already started their bad practices of creating Facebook pages pretending to sell real Libra.
Aug 10, 2019 at 12:26
Apple, Citi, JPMorgan, BofA are Against Bitcoin Purchases
Several credit card firms have started forbidding Bitcoin and cryptocurrency purchases with various decent reasons. This very week, Apple Inc. in collaboration with two American multinationals financial services firms Mastercard Incorporated and Goldman Sachs Group, officially rolled out a new card providing customers 3% cash-back (discount) on products and services bought directly from Apple, and 2% discount on any products bought using Apple Pay – Apple’s electronic wallet service - and 1% on other related transactions.
Aug 08, 2019 at 13:27
Mastercard is Seeking Blockchain and Cryptocurrency Experts
Mastercard Incorporated, the United States based cosmopolitan financial services company with its headquarters in New York, is hunting for around 28 cryptocurrency and blockchain professionals in order to help strengthen its team within the distributed ledger technology (DLT) field. They are ready to hire a wide range of blockchain experts including many senior roles, as the corporation are proposing to be intense on creating digital asset and wallet products. Mastercard deals in services such as offering credit, prepaid and debit card payment services to its massive clients in over 26,000 financial institutions globally.
Aug 07, 2019 at 15:37
Regulators are Suspicious About Facebook’s Libra Network
The Office of the Australian Info Commissioner (OAIC) released a statement on Tuesday showing that it has joined other privacy regulators from different parts of the world I’m calling for more info about Facebook’s Libra Network. OAIC and other regulators including United Kingdom Info Commissioner’s Office (ICO), the European Union, the United States, Albania, Canada and Burkina Faso, want to know more about Facebook's information protection framework for its private cryptocurrency dubbed Libra that is expected to be launched in the first quarter (Q1) of 2020.
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