Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Following China’s extreme devaluation of the Yuan, the U.S. Treasury Department has labeled China a “currency manipulator.” Global stocks are already taking hits and economists believe a global recession is likely.
Fed announced creating a system that would allow consumers and businesses to send and receive money instantaneously allowing any U.S. bank to immediately complete debits, virtual transfers and checks.
After days of struggle, Bitcoin price has finally found its way out of the slowdown. Exactly before 1 week, the coin was being traded near 9000 USD, and now it is racing with its full might towards 13,000 USD.
Samsung has announced that it will be adding thirteen new apps to its official DApp store – Blockchain Keystore. This addition officially brings the total number of apps on the app store to 17.
IBM announced a new blockchain network aimed at improving manual and cumbersome supply chain management. The new blockchain network is called Trust Your Supplier.
Huawei is in the process of creating its own proprietary operating system called Hongmeng. It is expected that they will release a 2,000-yuan (roughly $290) Hongmeng-powered phone in the fourth quarter.
Just recently, Fever, a startup which helps companies to plan events, has announced that they have raised $35 million. The funding round was led by Rakuten Capital and the funds will be used for further Fever expansion.
China’s Central Bank now wants to develop a virtual currency to compete with the recently unveiled Facebook’s Libra aiming to gain the lead in the development of the cryptocurrency and blockchain technologies.
Global markets, mostly in Asia, are beginning to feel serious impact from the China-U.S. trade war as stocks set record losses, triggering emergency meetings and threats of protest.
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Mastercard incorporated trio job vacancies for its website, searching for pros in blockchain product management. The company is particularly anticipating creating a blockchain wallet solution, which will perhaps compete against Facebook’s Calibra.
To help guide you through the process of buying crypto, here are some of the best tips you can bring along as you purchase cryptocurrencies online.
Second Litecoin halving ended with 75 % of Litecoin mined and the price of the Litecoin at $99.6. Even though Litecoin previously fell out of #4 market cap spot, it came back with the growth of the huge 14.63 percent.
Google slashed $300 off the price of its premium flagship Pixel 3 and Pixel 3 XL phones, bringing them to the lowest price in recent memory. Pixel 3 phones now cost between $100 and $120 more than the mid-range Pixel 3a phones.
Former White House Chief Strategist, Steve Bannon, has expressed his views about the potential power of Bitcoin and blockchain, as a key part of a Global revolt.