Cryptocurrencies

JP Morgan: Digital Money Foundation Laid, Blockchain In Banking Years Away

A recent report by a Major United States bank JP Morgan Chase suggested that current blockchain developments are lying down the foundation for digital money, but adoption is still years away. A report published by JP Morgan on Feb. 21 suggests that the finance industry is moving beyond blockchain technology. Blockchain in banking still years …

JP Morgan: Digital Money Foundation Laid, Blockchain In Banking Years Away Read More »

Half of Predictions Are Right Half the Time — BTC’s Halving Divides Opinions

The renowned Mike Novogratz, founder of digital assets merchant bank Galaxy Digital, has once again voiced his predictions on the price of Bitcoin (BTC) in light of the impending Bitcoin halving set for May 2020. According to Novogratz, the inceptive cryptocurrency will likely breach the $20,000 benchmark in 2020. The prediction comes a couple of …

Half of Predictions Are Right Half the Time — BTC’s Halving Divides Opinions Read More »

Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects

</header> <strong>China’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories.</strong> Also read: Bitcoin, Tesla Stock, Tron: How Warren …

Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects Read More »

Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced

</header> <strong>Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring and simplification programs in the bank’s history,” explained interim …

Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced Read More »

New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card

Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR). By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR), Bitsa announced on Feb. 21. …

New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card Read More »

How to Find Your Nearest Bitcoin ATM

</header> <strong>Cryptocurrency markets have experienced a few intensive weeks since the start of the year that took prices to 2020 highs in mid-February. The overall bullish sentiment is attracting more interest towards the crypto space. There are many ways to get started with Bitcoin but one the most accessible options is to find an ATM …

How to Find Your Nearest Bitcoin ATM Read More »

Illegal Crypto-Bookmakers Pose Risk to Integrity of Hong Kong Horse Racing

The rise in unregulated cryptocurrency betting markets poses a threat to the integrity of horse racing in Asia. So warned Hong Kong Jockey Club’s executive director of racing integrity and betting analysis, Tom Chignell, at the Asian Racing Conference in Cape Town. As reported in the South China Morning Post, Feb. 21, the evolving landscape …

Illegal Crypto-Bookmakers Pose Risk to Integrity of Hong Kong Horse Racing Read More »

In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix

</header> <strong>Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims to limit the use of paper money …

In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix Read More »

The Future of Crypto: The Latest Cryptography Advances Set to Change Blockchain

Cryptocurrencies could not exist without cryptography. Advances in this field can have far-reaching impacts on blockchain technology and its potential. We will examine the opinions of industry experts on the latest cryptographic advances and their potential for cryptocurrencies. Zero knowledge proofs: more than just privacy Director of research at blockchain firm Blockstream and mathematician Andrew …

The Future of Crypto: The Latest Cryptography Advances Set to Change Blockchain Read More »

Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam

</header> <strong>With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other well-known scams.</strong> Also read: …

Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam Read More »