Wed, May 08, 2024

Cryptocurrencies

Crypto mining company

Cryptocurrency Startup Layer1 and its Approach to Bitcoin

It is not a secret that crypto mining is a profitable business. However, one cryptocurrency startup found a way how to earn money even when they turn off crypto miners. The name of this startup is Layer1. Importantly, famous people such as billionaire Peter Thiel supports this startup. Interestingly, Layer1 started to install steel boxes …

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Cryptopia's former employee steals $245,000 in crypto

Cryptocurrency as an Alternative to Remittance Systems

Sub-Saharan Africa has a huge remittance market, as people who left their home countries send billions of dollars every year. Nevertheless, they have to use slow and centralized remittance systems. Furthermore, such systems charge transaction fees as high as 9%. Interestingly, mobile payments are even more expansive than centralized remittance systems. Moreover, mobile payments charge …

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Crypto trading and new opportunities

Toronto Stock Exchange welcomes First Public Bitcoin Fund

  Recently, Canadian asset manager 3iQ has become the very first company to dispatch a reserve fund. The fund is attached to Bitcoin BTC on the Toronto Stock Exchange TSX. 3iQ takes care of the Fund’s investment and portfolio management. The firm started working on the market  way back in 2012. Moreover, it has recently …

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blockchain on keyboard – WibestBroker

Blockchain: Tron Conducts Hostile Takeover of Steem

BLOCKCHAIN NEWS: Yesterday, reports suggested that Justin Sun and major exchanges conducted a “hostile takeover” of the Steem blockchain. Sources said the majority of Steem’s witnesses, who are the decision-makers for the blockchain’s operations and governance, were replaced by what seemed to be accounts with connection to Tron. The significant exchanges that participated in the …

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tron cryptocurrency concept – WibestBroker

Cryptocurrency: Tron’s Hostile Takeover of Steem

CRYPTOCURRENCY NEWS: Justin Sun and other major exchanges executed a hostile takeover of the Steem blockchain, according to sources. Two weeks ago, Tron acquired Steemit Inc. CEO Justin Sun appeared to be consolidating power over the decentralized blockchain. The day saw the majority of Steem’s witnesses gone. Accounts connected to Tron replaced the decision-makers for …

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Wibest –investigation plan: A folder with a close-up word “claims” and a note written under “investigation”.

Investigation plan: U.S. Unveil Antitrust Investigation Plan

Recently, two groups of US state attorney generals declared a separate antitrust investigation plan. This probe is regarding large tech companies that comprise the Alphabet’s Google and Facebook. The first investigation was led by New York, including seven other states and the District of Columbia that focuses on Facebook. Read more about the investigation plan. …

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Wibest – Fb: Persons handling phones discussing further goals regarding the digital coin.

Political Danger Rises on Fb’s Digital Coins

On June 18th, Facebook announced its idea to make global digital coins. The crypto was known as the Libra. Since then, the system and regulators have increased criticism onto the project for several cases. Global regulators, finance ministers, and central bankers are concerned that Libra may drift and, in some cases, weaken their jobs. Given that, investors, critics, …

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ital Coins: Cameron and Tyler Winklevoss

Winklevoss Twins in Talks About Joining Libra Digital Coins

Earlier, the Winklevoss twins say they are in discussions with Facebook about joining the Libra Association. Facebook founder Mark Zuckerberg and twins Cameron and Tyler Winklevoss have quite a conflict in the past with each other. In 2004, the conflict shot from the fact that the twins charged the Facebook founder for $65 million. All due to stealing their idea for …

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Digital Coins: Bitcoin coins on Israel's flag.

Israeli Digital Coins Holder Go Up Against Banks

Holders of digital coins in Israel, whose numbers have been surging in recent years, are now experiencing a critical problem. In many cases, the local banks decline to let them open an account. It is where they can deposit money earned from the sale of bitcoin or other cryptocurrencies. It appears, however, that local bitcoin …

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Digital Coins: Bitcoin golden coin with Israel flag in the background

Israel Digital Coins Holder Appeals for Policy Disclosure

According to a report from daily local news, Bitcoin holders in Israel have made legal action. The move is against local banks. It is after denying responsibility in opening accounts for customers seeking to deposit money from cryptocurrency sales. The holders and other commercial banks are demanding the Bank of Israel. The demand has to …

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Terra: Futuristic Technology Theme Background with Light Effect.

Terra Stablecoin Signs with Bugs for Crypto Payment Alliance

Terra, a Blockchain payment system and stable coin issuer, added to its e-commerce alliance the South Korean music streaming platform Bugs. There are now 25 partners in the Singapore-based company’s South Korea-focused payment ecosystem as reported on August 14. The Terra Alliance uses CHAI payment solutions provider as its front-end. CHAI includes a mobile payments …

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Stock markets on September 9

Bitcoin Rises amid People’s Bank of China’s Crypto Pilot

On Monday in Asia, the price of Bitcoin strengthened. Meanwhile, the People’s Bank of China (PBOC) said its digital coins “can now be said to be ready”. Although it will not affect the overall movement of the market. Bitcoin increased 0.1% to $11,409.8. Ethereum grew 1.1% to $212.66, while XRP traded 1.0% to $0.30274 and …

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Block Chain: Design of Etihad check in counters.

Etihad Airlines Arranges Travel-Focused Block Chain

In a news report, the national carrier of the United Arab Emirates Etihad Airways said it has collaborated with blockchain-based platform for the travel industry Winding Tree. This is to explore how blockchain can aid in distribution. On Aug. 8, Etihad joined a variety of other leading international airlines that already deploy the Winding Tree …

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