Bitcoin price pulls back by over 15% from the recent and new ATH that the coin had hit in the first week of the ongoing month at $42k, while currently corrects downsides and trades at $35.1k. Bitcoin is an ultimatum in the world of traditional finances, and currently, it trades anywhere below Continue Reading
The week has kicked off on a high. Global stocks are on an upswing on the back of traders awaiting new economic data and announcements from the Federal Reserve economic symposium at the Jackson Hole summit this week. Traders have chosen to put the pessimism of the COVID-19 pandemic behind them and instead focus on […]Continue Reading
The debate between cryptocurrency and Fiat currency has just got interesting. Especially in the wake of the coronavirus epidemic, which has literally devastated our overall economic scenario, questions are now put up against the efficacy of the fiat currency to save our global financial system. The highly contagious disease has virtually put a full stop […]Continue Reading
The Japan-based global payment network operator JCB Co., Ltd. and blockchain technology provider, Keychain, today signed a strategic agreement. The companies announced that they are going to collaborate to leverage the power of blockchain in the payments space. Keychain has developed its range of services in the blockchain space considerably and some of its services […]Continue Reading
Payoneer, one of the leading cross-border payment services providers headquartered in New York, has acquired Optile, an open platform of payment orchestration based in Germany’s Munich. The move was announced yesterday on December 10, 2019, through a press release. However, the terms of the acquisition have not been revealed. Payoneer also took to the micro-blogging […]Continue Reading
According to the Airlines Association of South Africa (AASA), there will be a negative impact on economic growth due to an uncontrolled South African national carrier SAA exit. Recently, the board of directors of South African Airways talked with the shareholder of government. The board declared that the issue would be resolved if the company […]Continue Reading
Avanci has signed a patent license agreement with Volvo Cars. Avanci is an online marketplace that connects wireless technology patent owners with companies developing products and systems based on the Internet of Things (IoT) that are looking for new wireless technologies. Volvo Cars become the 14th auto brand to sign with Avanci. This agreement gives […]Continue Reading
A new bill proposed in the German Parliament has provisions to allow customers to store their Bitcoin other cryptocurrencies in German banks from 2020. The bill will allow banks to treat cryptocurrency, just like any other traditional asset. Also, banks will enable transactions in cryptocurrency on their online banking platforms. The adoption of cryptocurrency has […]Continue Reading
Cybersecurity firm Bad Packets LLC has found a group of hackers is actively scanning the internet for Docker accounts with exposed application programming interface endpoints (API) and use them for mining of the cryptocurrency Monero. The hacker group is currently scanning more than 59,000 IP networks for API vulnerability. Monero is a privacy coin, which […]Continue Reading
Tron price descends by 8% on a week-long run The improvement in the coin might stay this time The bearish run in Tron seems to end their course. The coin is likely to move in a direction where traders could mark profit. The improvement in the TRX coin is quite impressive. The investment in Tron […]Continue Reading