IBM Throws Support Behind Cryptocurrency, Stronghold
International Business Machines Corp is throwing it’s support behind a new cryptocurrency pegged to the U.S. dollar, in a partnership with U.S.-based financial services provider Stronghold that adds...
View ArticleSwitzerland Seeks To Stop The Exodus Of Cryptocurrencies
Swiss regulators are ramping up efforts to stop an exodus of cryptocurrency projects from the country, after two of only a handful of banks active in the nascent sector shut their doors on it in the...
View ArticleZooz Acquired By Online Payment Firm PayU
Online payment company PayU, a subsidiary of Naspers has announced that it has agreed to acquire Israeli payment technology provider Zooz to support its expansion in high-growth markets. PayU’s...
View ArticleIs PayPal Exposing User Transactions
"I used Venmo's public API to download all public transactions of 2017, pulling in a total of 207,984,218 transactions. By looking through users and their transactions, I learned an alarming amount...
View ArticleIBM, Partners Testing Blockchain App Store
Foreign exchange settlement provider CLS, IBM and nine banking institutions, including Barclays Plc and Citigroup Inc, are testing a platform to access blockchain-based applications. The platform,...
View ArticleIBM And Bank Test Blockchain
CLS settles over $5 trillion of payment instructions a day for its members which include many of the world’s largest financial institutions such as Barclays and Citi.
View ArticleCrytocurrency Scams On The Rise, Says British Authorities
Cryptocurrency scams are falsely using images of celebrities and posh London addresses to scam consumers into parting with cash, Britain’s Financial Conduct Authority said last week. Cryptocurrencies...
View ArticleChina Continues Taking A Hard Line Against Crytocurrencies
In an ongoing campaign to stifle the growth of once-flourishing cryptocurrencies it sees as a threat, the Chinese government has ordered more than a half dozen online news outlets to shut down and...
View ArticlePayPal Teaming Up With Brazilian Bank On Digital Payment Service
Digital payments company PayPal Holdings Inc has confirmed a partnership with Brazil’s biggest private lender Itaú Unibanco Holding SA to offer its services to the bank’s card clients. PayPal’s...
View ArticleECB Squash Rumors Of Digital Currency Issuances
The European Central bank will not be issuing a digital currency any time soon because the underlying technology is still fragile and the use of physical cash still high in the eurozone, the ECB...
View ArticleIT Professional Goes To Twitter To Expose About Zero-Day Flaw
Maybe if I somehow manage to find one good bug, I can sell i for alot of money so I don't have to do this stupid work anymore for a while. I think I'll do that. — SandboxEscaper (@SandboxEscaper) 27...
View ArticleIs Blockchain Safe For Voting
New York University's Brennan Centre has estimated that replacing aging voting machines over the next few years could cost well over $1 billion.
View ArticleGlobal Economist Labels Bitcoin, Blockchain As Scams
New York University professor and global economist Nouriel Roubini testified before the U.S. Senate Committee on Banking last week, saying cryptocurrencies such as bitcoin are the mother of all scams...
View ArticleWill The CryptoCurrency Crash
Meanwhile, daily transaction values were down from more than $3.7 billion to less than $670 million in the same period, writing in a study with the catchy title The Future of Cryptocurrency: Bitcoin...
View ArticleBritain Said To Considering Bans On Crytoassets
Britain appears to be moving towards banning some retail financial products based on bitcoin and other cryptoassets and widen its regulatory net to capture potentially “illicit activity” that could...
View ArticleIBM Inks Deal With UK Based Travelport For Blockchan Technology
With the integration of Travelport and IBM's capabilities they will aim to develop new services, such as the ability to highlight the best time for travel related bookings.
View ArticleIntel Plans To Outsource Some Chip Production
Despite shortages, Intel still reported good Q3 financial results, beating its estimates and reporting a $19.2 billion revenue, with a gross margin of 64.5 percent and net income of $6.4 billion.
View ArticleBitcoins For Payments Experienced A Drastic Decline In 2018
The use of bitcoin for commercial payments has experienced a drastic decline this year, even as the original digital coin starts to fulfill one of the basic features of any payment currency: stability....
View ArticleSirin To Debut Blockchain Enabled Smartphone
Swiss-based Sirin Labs will begin offering its first blockchain-enabled smartphone starting today; the device will give users a secure method to access cryptocurrency exchanges, store their digital...
View ArticleOhio Will Now Accept Bitcoins For Tax Payments
Ohio has begun accepting bitcoin as a form of tax payment from businesses, making it the first U.S. state to do so. The Ohio Treasurer’s office said it is working to help make the state a national...
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