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Electronics giant LG has confirmed that it is considering the release of a blockchain-powered smartphone – confirming earlier reports. Per a report from media outlet Fn News, an LG spokesperson stated, “We are preparing the necessary technology required to enable the use of blockchain technology on mobile phones.” The media outlet...
Japanese finance minister Taro Aso has told G20 central bank governors and finance ministers to delay their digital currency plans, claiming that most countries are not ready to issue digital fiats – including China. Bloomberg Japan reports that Aso warned counterparts at a recent G20 summit of finance chiefs, held...
After much theory, Senator Elizabeth Warren authoritatively propelled her 2020 presidential crusade on Saturday, where she promised to test the overly well off and individual Democrats who filled in as their capacity specialists. The choice to run denotes a huge takeoff for Warren, who under two years back disclosed...
According to data provided by CoinAtmRadar, there have been 306 new instalments of Bitcoin (BTC) ATMs around the world in May 2019. CoinAtmRadar shows that in May 2019, the net change in the number of ATMs installed for virtual currencies was 228 machines. As the market starts growing once...
Major cryptocurrency exchange Binance and Australian-based travel booking agency TravelbyBit brought their new cryptocurrency-backed travel rewards card to the Cryptoworld today. “Global travel meets mainstream crypto adoption in this latest venture from Binance and TravelbyBit, the company behind Brisbane Airport's transformation into the world's first cryptocurrency-ready airport,” their announcement says. The...
Binance Coin (BNB) continues to surprise cryptocurrency investors and enthusiasts in the space. The digital currency is currently growing over 14% reaching $17.36 per coin. The price action is linked to an announcement made by Binance a few hours ago. Binance Launchpad will be changing the way it works...
American parliamentarians are moving fast in an attempt to stop major IT companies from offering financial services and issuing cryptocurrencies. The draft discussion bill (which you can read in its entirety here), is entitled the Keep Big Tech out of Finance Act. The proposal has been circulated, per Reuters, to...
U.S.-based crypto exchange Kraken has finalized its takeover of Australia’s Bit Trade which brands itself as the country’s longest-running cryptocurrency financial services company. Bit Trade says it operates a blockchain asset investment and portfolio management platform, enabling customers with access to a number of crypto exchanges with the use of...
As it has been as of late uncovered, Quorum that is a blockchain created by US managing an account mammoth JPMorgan Chase Bank will be used for "tokenization" of gold bars. Prior, Scoopnix has effectively detailed that Quorum is a private blockchain-constructed exchanges stage situated in light of the code...
Bitcoin’s hash rate has been growing since the beginning of the current year after dropping at the end of 2018. After several months in which the cryptocurrency market has been recovering, hash rate has reached the largest value since October 2018. Bitcoin Hash Rate Reaches New High in 2019 As Bitcoin...