The New Bitcoin Banks Are Here
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto
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News
4 Reasons Why Ethereum Classic Is Soaring — Up 40% This Week
Ethereum Classic (ETC) price has surged 40% this week on several bullish news stories, according to data from Coin360. Over the past seven days, ETC price has climbed from around $5.50 to roughly $7.30 by press time. It now sits in the number sixteen spot by market capitalization between Chainlink
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Facebook Faces European Union Antitrust Probe over Libra Cryptocurrency
According to Bloomberg, the EU’s antitrust regulators have started investigating the Facebook’s Libra cryptocurrency project.Earlier in August, EU authorities sent out questionnaires to the groups involved with the Libra project, stating that the Commission is investigating whether the new digital currency project would unfairly shut out rivals. The questionnaire is
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Amazon Cloud Outage Causing Major Issues at Some Crypto Exchanges
Problems with Amazon’s cloud service, AWS, are disrupting services at some cryptocurrency exchanges on Friday. The Binance exchange is seeing problems internationally, according to its CEO Changpeng “CZ” Zhao, who tweeted: It’s causing some 500 error messages on APIs and affecting
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Bitcoin Dominance Actually Above 90%, New Research Suggests
According to expert predictions, the Bitcoin dominance registered on CoinMarketCap has been tweaked for liquidity. Forecasting that in reality, the dominance could cripple the survival of Altcoins.As the current value of Bitcoin hovers around $10,000, it’s dominance upsurges in correspondence. According to CoinMarketCap’s estimate as at Thursday, 5th August. BTC dominance
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Libra Members Consider Quitting Project Due to Gov’t Pressure: Report
At least three of Facebook’s early backers for its planned Libra stablecoin launch are considering withdrawing their support in light of the fierce regulatory pushback.A report from the Financial Times on Aug. 23 alleges that two founding partners of Facebook’s Libra Association have held discussions about what their “right
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Bitcoin Payments 6x Cheaper for Municipalities, Says Canadian Exchange
Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments.As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that his company takes much lower fees than the ones that card institutions impose on
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Simetri Research Launches Dashboard for Short-Term Crypto Traders
Simetri Research, a crypto research and analysis service backed by digital currency reviewer Crypto Briefing and crypto price aggregator CoinMarketCap, has launched a new platform that displays short-term trading signals.Closing the information gapCrypto Briefing announced the new service, Coins on the Move, on Aug. 22. Coins on the Move
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Xendpay Joins RippleNet to Expand Global Money Transfer Services
Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions.Going beyond the U.S. dollarRipple announced the news on Aug. 20. Per the announcement, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of
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Japanese HR and Tech Giant Recruit Holdings Invests in Blockstack
Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings.U.S. startups look for Japanese partnershipsThe Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion USD, is purchasing Blockstack’s STACK tokens. Blockstack
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