It seems that big companies as Facebook, Amazon and Google might be forbidden to launch their digital assets. If the Congress’s Bill pass – they could face with paying $1K penalties per day. Even though it’s not likely for bill to pass, it presents another obstacle for Facebook’s Libra.
Fidelity, Deloitte, Amazon, and 20 other firms are backing a new blockchain accelerator program that is set up by IDEO CoLab Ventures, a venture arm from design firm IDEO.
Popular crypto bulls and co-founders of Gemini Exchange, the Winklevoss Twins, have predicted that in two years, all the FAANG companies will follow Facebook’s footsteps and launch their individual cryptocurrency ventures.
The Mexican Federal District Government Transport and Highway department of the state of Coahuila has tapped DeepCloud AI to establish a tamper-proof vehicle registration using the DeepCloud AI infrastructure.
Flexa adds support for Litecoin on its payments network allowing users to pay in the cryptocurrency at the point-of-sale terminals at different merchant locations.
Two days ahead of schedule blockchain Harmony announced the launch of their mainnet that will, as per their words, solve the hardest challenges in blockchain i.e. ‘scaling linearly’.
Facebook’s Libra project is drawing scrutiny from global regulators soon after the announcement last week. After the US, European regulators have asked the company to furnish more details about its cryptocurrency plans.
Two blockchain startups partnered up to enable Amazon consumers use Ethereum for payments. For this to come true, CLIC Technology is collaborating with Opporty for an app-like browser extension.
U.S. Budget Chief made the request in a letter to Congress asking for a delay in the implementation of the National Defense Authorization Act, signed by President Trump and which contains provisions that target Huawei.
Evercore analysts think Apple (APPL) stock is undervalued but believe the company can continue to drive strong momentum in services while increasing average selling prices to partially offset iPhone unit declines.