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There are significant strains of the broader crypto community grazed at cryptocurrency debit cards. Indeed, it is an irony that the very institutions crypto was actually designed for are arguably its most popular onboarding forms. Wirex: A popular company with a solid customer base, along with virtual products, it also offers a pin card. It is as well notorious for fees,...
A local outlet on July 19 announced that Tthe Liverpool City Council (LCC) announced that they will be using blockchain technology in mitigating the city’s climate impact. LCC explained that the effort to reduce the city’s climate impact is actually a bid in becoming the “world’s first climate-positive city by 2020.” The LCC will link with the Poseidon Foundation in conducting...
Guo Hongcai, a beef salesman from Shanxi province in China later turned to be an early bitcoin adopter. He is one of the many freshly minted millionaires who funnelled parts of their wealth to purchase real estate abroad. In April, Hongcai sold 500 bitcoins in the U.S., then he used the money in buying a 100,000 square-foot mansion in Los...
George Sax will be the new Global Head of Security at a crypto company. Sax, a highly efficient former deputy assistant director of the United States Secret Service recently joined Blockchain. Sax was responsible for combating cyber-related financial crimes and developing programs to protect the U.S. financial infrastructure in his 25-year career. He also had the opportunity to protect several...
Bitcoin prices have been remarkably trading north of $7,000 since the breakthrough of key price level earlier this week. What does this actually mean? These past few days, price action has really been encouraging. Its digital currency also rose to as much as $7,574.90 last Wednesday, after it surpassed $7,000 for the first time since June. Since last Tuesday, Bitcoin prices have...
The Philippine’s “Mother of all Banks” or the Bangko Sentral ng Pilipinas (BSP) and other commercial banks are currently exploring diffeent ways to use blockchain technology to fast-track payment and remittance services. BSP Governor Nestor A. Espenilla, Jr. mentioned that the central bank has been studying in order to tap the platform being used by bitcoin and other digital currencies...
Nippon Telegraph and Telephone (NTT), a Japanese Telecommunications giant, is on the verge of inventing new contract agreements based on blockchain technology.   The world’s 4th largest telecom-provider narrates how they could use the application to store contacts without allowing documents to be tampered with. As it is being outlined, the system would use blockchain to encrypt the contact and as...
Crypto Twitter versus U.S. Representative Brad Sherman actually happened just two days before.   On Wednesday, the Congress held a back-to-back hearings on topics concerning cryptocurrencies, on which Rep. Sherman was notably seen calling for a blanket ban on buying or mining cryptocurrencies   Although Sherman is only one among 400 lawmakers, social media observers and enthusiasts, turned their attention on the California...
The recent growth of cryptocurrency industry has quite improved startups’ access to finance through initial coin offerings (ICOs). This model is an improved alternative to capital or debt funding than other financial institutions because it provides a win-win situation for the startups and their participants. In the initial 5 months this year, $13.7 billion has been raised through 537 ICOs,...
It may seem as highly charged because of scams-and-fraud-related issues, initial coin offering (ICOs) are among the most popular and most important part of cryptocurrency boom. Generally, a company launches an ICO by selling tokens to interested investors in a manner similar to an initial public offering where the company is generating crowdsourced funding and allows completing its launch...