Spending the value of your crypto without spending the actual coin

August 02, 2019 BY Mariela Naydenova

Spending the value of your crypto without spending the actual coin - by Nexo

Spending your cryptocurrencies is one of the goals of many companies. Startups around the world think of innovative solutions on how to allow investors to actually spend their digital coins. One financial startup, however, is doing a different thing. Nexo, Arrington XRP capital-backed company, revealed a special debit crypto card with a line of credit…

August 02, 2019 BY Valentina Kirilova

Bitcoin has been challenged of late, but compelling benefits are undeniable

July has finally ended. It seemed to be a month where every government official, including President Donald Trump, regulator, and died in the wool crypto skeptic decided to make a concerted effort to banish Bitcoin and the notion of cryptocurrencies from the public consciousness. After several years of endless debate, Indian authorities even stopped their…

New chapter in India crypto ban debate – Massive brain drain anticipated

August 02, 2019 BY Valentina Kirilova

Top Indian IT Trade Group blasts government’s proposed ban of cryptos

Crypto advocates in India are not going down without a fight, even though crypto skeptics seem to have finally turned the tide of debate in their favor. The crypto debate in the world’s second most populated country has been raging for several years with stern warnings from the nation’s Supreme Court to finalize proposals post…

July 29, 2019 BY Mariela Naydenova

Why was the $4.6 million lunch between Justin Sun and Buffett postponed?

Just in the beginning of June 2019, Leaprate reported on the incredible $4.6 million-lunch between Justin Sun, the the CEO of BitTorrent and the founder of TRON, and the Wizard of Omaha, or simply Warren Buffett. Justin Sun entered a bid for the lunch and won it. Warren Buffet has been known to hold auction…

July 29, 2019 BY Valentina Kirilova

Per departing CEO, TD Ameritrade will take cautious route on retail cryptos

Crypto enthusiasts have been eagerly awaiting the launch of retail Bitcoin trading at investment giant TD Ameritrade. After all, with over $1.3 trillion under management and 11 million clients, any moves in the crypto market by this formidable firm could result in significant upward pressure on current prices. Twitter was on fire recently when one…

July 24, 2019 BY Mariela Naydenova

Robinhood with a new valuation of $7.6 billion after funding round of $320 million

Robinhood is what many now know as probably one of the fastest rising and most successful unicorns of Silicon Valley - or startups that have achieved a valuation of or more than $1 billion. The "no commission" crypto broker rose to fame several years ago when it revolutionised the way people trade and the perception…

July 19, 2019 BY Valentina Kirilova

Iran announces gold-backed crypto coin – Is a global crypto war imminent?

Although recent press reports may contend otherwise, not all central banks are opposed to the notion of cryptocurrencies. The World Economic Forum released a report back in April that revealed that there are several ongoing central bank led projects that involve blockchain technology in support of what is called a Central Bank Digital Currency (CBDC).…

July 17, 2019 BY Valentina Kirilova

If Russia ends its ‘Love-Hate’ of cryptos, can it be the ‘King of Blockchain’?

As Russian government officials continue to debate the efficacy of cryptocurrencies and blockchain technology, industry observers are curious as to why there has not been a major push to lead in this arena. Observers have noted that Russia is definitely a “global powerhouse for development talent and business acumen in the blockchain space”, but, unlike…

Analyst predicts Facebook’s FaceCoin could earn up to $19 billion by 2021

July 15, 2019 BY Mariela Naydenova

This is the authority that will regulate Facebook's Libra

Right now, it is vital for cryptocurrencies to gain some regulatory "love", otherwise the future of digital coins is bleak. Just now, the US suggested that they will discourage tech companies from issuing digital currencies, and it seems by all means that Donald Trump, the US President, is not a fan of crypto. Probably the…

July 15, 2019 BY Valentina Kirilova

Chinese authorities may be contemplating a Central Bank Digital Currency

There is a maxim in corporate strategy that suggests that you may never be able to guess accurately guess how the market may receive a new product offering, but the moment the announcement is made, the consequences and reactions from competitors become abundantly clear immediately. Such may now be the case with Facebook’s Project Libra.…

Category: Digital Currency