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Blockchains LLC takes over Cambridge Blockchain, supported by PayPal

Blockchains LLC takes over Cambridge Blockchain, supported by PayPal

About one year has passed since Blockchain LLC also took over an Ethereum set-up, Slock.it. It gave the creators the positions of Vice President of the sector and director of crypto development. Different sources verified these reports. As Blockchain LLC is planning...

New Dawn for Facebook-backed Libra as it Rebrands to Diem

New Dawn for Facebook-backed Libra as it Rebrands to Diem

Progressing toward approval by regulatory authorities ahead of its launch in early 2021, the Libra Association has rebranded to ‘the Diem Association.’ The association has made key appointments to add new members to its team before the launch. Since its official...

Hackers transfer $100m of Bitfinex’s Stolen BTC

Hackers transfer $100m of Bitfinex’s Stolen BTC

Hackers accountable for the 2016 theft at Bitfinex have made an unexpected transfer of close to 100 Million USD worth of Bitcoin today after crypto prices got an all-time high. Hackers in charge of the movement of the stolen sum of 120000 BTC from Bitfinex in August...

Ripple sells 33% of its MoneyGram Investment

Ripple sells 33% of its MoneyGram Investment

Ripple, a San Francisco-based crypto firm, decided to sell 33% of its stake in MoneyGram for the first time since June 2019, when it had its investment in MoneyGram, the money remittance giant. The blockchain payment giant has 4 million of its shares in MoneyGram that...

Siam Commercial Bank, a RippleNet member partners with Lightnet

Siam Commercial Bank, a RippleNet member partners with Lightnet

PR Newswire made a press release stating that there has been a merger between two companies: fintech Lightnet Group and Siam Commercial Bank (SCB). These Singapore based finance institutions joined to improve the quality of payment amenities offered by Lightnet. About...

Facebook’s Libra to Launch in January

Facebook’s Libra to Launch in January

Libra, a new Facebook’s new digital coin, is reportedly ready to launch as early as January next year. As per the Financial Times (FT) report, which talked about the matter, Libra might launch as early as 2021 January but in a restricted format.

Chris Larsen move 1.8 Billion XRP as Ripple Token Surges to $0.71

Chris Larsen move 1.8 Billion XRP as Ripple Token Surges to $0.71

The former CEO of Ripple, Chris Larsen, is reported to have transacted more than 600 million XRP in a day. XRPL Monitor tracking company further reported that in an hour, 1.8 million XRP was moved in the Upbit platform, with tokens of XRP skyrocketing to 0.71 USD translating to more than a 55% rise.

TikTok & Co Go continue to pump rallying Altcoins once again

TikTok & Co Go continue to pump rallying Altcoins once again

Cents had rallied as the top scorers before crypto coins, Bitcoins, made a huge step surpassing USD 1 and are currently past $19,000. This is ironic as, on the other hand, they have a smaller volume of trades summed in comparison to Bitcoin's. TikTok has yet taken a...

Bitstamp contracts Sovos Software to automate tax filing reports

Bitstamp contracts Sovos Software to automate tax filing reports

Bitstamp has chosen Sovos to be their automatic crypto government levy reporter. The cryptocurrency trade platform will utilize Sovos' system to make analogue and digital tax payment as well as automatic tax reports that are timely regulatory compliance. The report...

Travala.com and BitPay jointly launches Bitcoin travel gift card

Travala.com and BitPay jointly launches Bitcoin travel gift card

Ease in travel as the renowned travel booking service provider, Travala.com forms a joint venture with one of the largest crypto firm in Atlanta, Georgia, BitPay. As many people continue to invest in the crypto space, major business corporations continue to accept...

Softbank CEO Admits That He Does Not Understand Bitcoin

Softbank CEO Admits That He Does Not Understand Bitcoin

The CEO Softbank, Masayoshi Son, admitted in a recent speech that he spends a good chunk of his time monitoring Bitcoin graph because he does not understand it. During the conference for the New York Times DealBook, the 63-year-old Japanese tycoon and philanthropist...

Facebook and Google to adopt bitcoin payment services after PayPal

Facebook and Google to adopt bitcoin payment services after PayPal

In an interview, the renowned businessman Jason Yanowitz, and also the founder of BlockWork Groups, took to Twitter and mentioned that big tech companies and financial co-operations are considering the use of bitcoins behind the scenes. Cryptocurrencies are immensely...

Skype Co-founder holds private wealth in Bitcoin and Ethereum

Skype Co-founder holds private wealth in Bitcoin and Ethereum

The co-creator of Skype, Jaan Tallinn, has invested a significant share of his private wealth reserve in Bitcoin and Ethereum. On Friday, Fortune further made public that the Estonia engineer, Tallinn, had had some of his capital invested in cryptocurrency for a while...

PayPal to Open Up Crypto Services to All Eligible U.S. Customers

PayPal to Open Up Crypto Services to All Eligible U.S. Customers

PayPal Holdings Inc. said that after performing a more restricted rollout over the past few weeks, it was opening its cryptocurrency platform to eligible U.S. customers. PayPal had already announced to the users about the plan in late October. Paypal will also reveal...

Ripple buys back XRP worth $46m as a strategy to raise its price

Ripple buys back XRP worth $46m as a strategy to raise its price

The crypto giant Ripple is in the move to create value for healthy markets within the XRP platform, and to cushion their traders, has purchased XRP worth $46 million. The purchase was made a few days after the launch of a new XRP product known as Line of Credit Beta,...

Cynthia Lummis, a bitcoin supporter wins US senatorial seat

Cynthia Lummis, a bitcoin supporter wins US senatorial seat

Cynthia Lummis vying under the Republican party has won the senate seat after beating a challenger from the Democratic party. Lummis is now representing Wyoming state in the Senate set to go for a six-year term. The newly elected Wyoming senator is a strong...

Almost $1Billion Moved From the 4th Largest Bitcoin Wallet

Almost $1Billion Moved From the 4th Largest Bitcoin Wallet

The fourth-largest wallet (whale wallet) having 69,369 Bitcoin with an estimated value of $1 billion were transferred to an unknown new wallet. According to BitInfocharts, the exact sum of bitcoins represents a whopping $955 million in market rates. It is the first...

Facebook embarks on a Bitcoin content-related censorship

Facebook embarks on a Bitcoin content-related censorship

Once again, Facebook has embarked on censoring all the posts that have the hashtag “#bitcoin.” on its platform.  It’s doing so to protect the public from accessing the information such as images, videos, and blogs having the bitcoin hashtag. As per the policies of...

Is there a trade set up for BTC on US election day?

Is there a trade set up for BTC on US election day?

While the United States is going on with the 2020 Presidential Election, a vast cryptocurrency value fluctuation is being experienced. When the sell-off commenced, the benchmark cryptocurrency was valued at $13,605. Bitcoin bulls have been attempting to break above...

Trump’s campaign website hacked, and Hackers Demand for Monero

Trump’s campaign website hacked, and Hackers Demand for Monero

Yesterday, around 7 p.m. Eastern Time, the Trump Campaign web Page quickly showed a message that read, "This site was seized." The mainstream media has had enough consistent fake news allegedly spread by President Donald Trump. The campaign team of the president...

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