Blockchain has undoubtedly managed to "pave its way" to multiple industries. Just recently, IBM announced they will be investing in more than 1,500 jobs in blockchain, fintech and AI. The blockchain industry has exploded. Now, blockchain will be used on the Moon. As reported by IT Business, two organizations, For All Mankind and TODAQ Financial,…
Read moreThe Cagayan Economic Zone Authority (CEZA) took on board 15 offshore companies involved in fintech developments to settle in Luzon, a blockchain hub that is developed by CEZA. The cryptocurrency and fintech wave will contribute approximately $32 million in the area. The chief of CEZA, Raul Lambino, commented, as reported by Coin Journal: "Working with virtual…
Read moreReuters and Paradex just announced that Coinbase has acquired the San-Francisco-based cryptocurrency trading platform. Paradex is an innovative cryptocurrency trading platform, which allows trading without the creation of account. The platform is powered by the so called "0x protocol". The protocol enables the fully decentralized service that Paradex offers to its users. The trading between…
Read moreThe retail giant, Walmart, is moving fast with blockchain technology. The company just filed its new patent on a new implementation of blockchain into its retail business. Walmart is being revolutionary today in terms of offering the newest digital solutions to its customers. In those regards, the retail giant just published its new patent from…
Read moreAfter Goldman Sachs and Circle announced the launch of their own cryptocurrency, now another financial services giant is getting ready to launch their own digital currency by next year. The Japanese Mitsubishi UFJ Financial Group (MUFG) is said to launch the digital asset by next year. The coin, called MUFG Coin, will be launched with…
Read moreAfter Goldman Sachs came down with its own cryptocurrency (Circle USD Coin - through its startup, Circle), now the next digital asset tied to another fiat currency is coming to life. The idea of "stablecoins", or digital currencies whose value is pegged to a fiat currency is a rather innovative idea, one that some argue…
Read moreThe SEC has decided to go for an unconventional manner to teach people about ICOs and related scams. The SEC has just launched its very own fake cryptocurrency website, called HoweyCoin website. According to press, the SEC chose the Howey Coins because of the so called Howey Test, where the "an all too good to be…
Read moreCryptocurrencies are undeniably changing the way people live and think about money. Now, an upcoming ICO turns our home appliances into cryptocurrency mining machines. According to Coinschedule.com, HomeMine presents a unique opportunity for all to earn on the model of the so called "passive mining" that involves different electrical appliances. HomeMine is actually a device…
Read moreGoldman Sachs has just announced that it will be launching a new cryptocurrency called Circle USD Coin. In fact, Circle is a startup invested in by Goldman Sachs. The idea behind the new digital asset is to revolutionise how people transact on a daily basis. For example, while bitcoin was thought to be of transactional…
Read moreIOTA is currently the 9th largest cryptocurrency in terms of market capitalization with market cap of $6.7 billion, trading at $2.42 as of today. However, the price is now going up because IOTA announced a new partnership with the luxurious car producer Porsche. The 19% jump became evident after Porsche chose IOTA for a new…
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