Facebook plans to launch its own cryptocurrency, a coin called GlobalCoin in 2020. The news report comes from BBC. The cryptocurrency will reportedly become available in several countries in the first quarter of 2020. However, trials are going to start by the end of 2019. Facebook's cryptocurrency and blockchain initiatives are some of the most…
Read more
You can now pay your phone bill with Bitcoin. And that is thanks to AT&T, which became the first mobile network to accept digital coins as method of payment. All payments will be facilitated through BitPay, a cryptocurrency payment processor. Just recently, major companies have decided to accept cryptos as payments. Such companies include Home…
Read more
If cryptocurrencies are to gain the global acceptance necessary to expand and prosper, can the industry achieve that goal by ignoring 23% of the inhabitants on our planet? In much the same manner as the retail foreign exchange trading industry created special Islamic accounts and processes that were in compliance with Shariah law, it would…
Read more
Management for Bitfinex and Tether had their day in court, which may have resulted in more disclosures than its executives may have wanted. While the beleaguered crypto exchange and stablecoin manager was alleged to have mishandled cash reserves for Tether’s “USDT” stablecoin, the revelations in the courtroom confirmed what had been rumored for months. Executives…
Read more
Paxful, a peer-to-peer bitcoin marketplace, has just released a series of educational workshops throughout Africa in 2019 in conjunction with the official launch of their wallet app. They have also pledged to continue aiding the growth of entrepreneurship in emerging markets by giving away bitcoin to those who attend the workshop and download the wallet…
Read more
When in doubt, punt, an old adage that applies when conservative individuals do not have the courage of their convictions to move forward in a positive manner. The SEC has decided, once again, to delay not one, but two decisions regarding applications for the much anticipated Bitcoin Exchange-Traded Fund (ETF). Crypto enthusiasts did not hold…
Read more
As has been the case many times over in recent months, Bitcoin analysts are in a quandary about what will happen next. There is firm agreement that nearly a dozen fundamental factors are converging in such a way as to create a “Perfect Storm” of sorts, the reason many use to explain Bitcoin’s “parabolic” trend…
Read more
Cryptocurrency scams and theft are undeniably two of the largest and most serious problems in the crypto space. Security issues arise almost every month now. The latest “casualty” was Binance, through which hackers stole $40 million in digital coins. The stolen amount was equivalent to around 7,000 Bitcoins at that time. Hackers stole API tokens…
Read more
An interesting phenomenon is taking place on the global financial markets. The measures taken by the Trump Administration to tighten up global trade and “restore” the powerful place of the US as a number one economic power are seriously affecting the global political and economic powers. The most recent talks on how to neutralize the…
Read more
Over the past couple of years, the SEC has been “struggling” with the case of whether to approve or not the numerous Bitcoin ETF applications coming its way. The SEC so far has somewhat felt “uncomfortable”judging the applications, as the Commission has stated that it needs further knowledge and expertise in the field in order…
Read more