Huawei Delves Into Blockchain: Report According to a report from Alice Crypto, a blockchain industry member seemingly based in China, that was shared by popular cryptocurrency content creator BoxMining, Huawei might be getting into this nascent technological class. Every company in China is jumping on the Blockchain Boat. Huawei Blockchain...
The initial coin offering (ICO) craze of 2017 generated billions of dollars for many blockchain startups. However, many of the projects were either scams or never managed to develop any useful products. But New York-based startup Celsius, which raised $50 million in cryptocurrency in May 2018 during its ICO, appears...
Crypto investors have long been asking when Amazon, the massive American e-commerce giant, will integrate Bitcoin (BTC). These expectations make sense. If the platform accepted Bitcoin payments, users would effectively be able to stake their entire lives on cryptocurrency. So far, Amazon has been mum on the topic. The firm...
Libra May Sign on Banks… On Monday, the Libra Association — the somewhat decentralized body governing the Libra blockchain and crypto asset — finally ratified its charter. In a press release published on Monday night, the Libra Association confirmed the 21 member companies — seven less than the initial 28 mentioned...
Despite the recent lull in the Bitcoin (BTC) price, it is clear that the cryptocurrency market is back in another uptrend. Year to date, BTC has rallied some 200%; altcoins are up a similar amount in the same time frame. This is great, but it may just be about to...
Walmart announced two new immersive experiences in collaboration with Roblox. Walmart will be setting up two virtual spaces in Roblox dubbed Walmart Land and Walmart’s Universe Of Play for the users to enjoy and engage with. Walmart has recently decided to explore the domain of Web3 by partnering with gaming...
Yesterday, top finance news outlet Fortune reported that Ripple Labs — an American fintech company — has just completed a massive funding round, a Series C. The investment, $200 million — sourced from global investment firm Tetragon, Japanese finance-centric conglomerate SBI, and Route 66 Ventures. This funding round, one of the...
Gold Outperforms as Markets Tumble While many eyes are firmly on Bitcoin, the investment community would be remiss to forget gold. Over the past few months, the precious metal has been booming. In fact, it, alongside Bitcoin and its cryptocurrency ilk, is one of the best performing large-cap assets to...
Booming Mining Ecosystem When nearly half of Bitcoin’s hash rate — a metric used to describe the level of computational power backing the network and processing BTC transactions — seemingly disappeared overnight earlier this week, investors were quick to express their concerns on online forums. Cornell University professor Emin Gün...
Crypto lender platform Hodlnaut has laid off 80% of its staff In a blog post published Friday, the firm added how the decision to lay off employees has been taken to reduce the firm’s expenditure. Troubled crypto lender platform Hodlnaut has laid off 80% of its staff to reduce the...
Coinbase to Add Altcoins, Sees Criticism from Crypto Community Coinbase has long been an integral part of the crypto industry. Launched in 2012, the exchange and infrastructure provider has become a way for hundreds of thousands, even millions, to interact with the ecosystems of Bitcoin and other digital assets. But,...
For the longest time, the crypto market has existed independent of traditional financial structures. Indeed, banks have shunned users of Bitcoin, citing the potential illegality of transactions using BTC, and some of the world’s most powerful individuals have shunned digital assets as a whole. But, one leading industry executive believes...
