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Ripple Says Facebook Should Tap Into Blockchain for Payments: More to It or Just Wishful Thinking?
Recently we reported how a privacy-focused future is Facebook’s plan as shared by Mark Zuckerberg, the CEO of FB in its quarter first report. While Facebook manages to meet the user growth expectations, in the US and Canada, it has reached saturation. дальше »
2019-4-26 19:02 | |
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IMF Spring Meeting on “Money and Payments in the Digital Age” Says Crypto Payments Inevitable
According to a recent report by the Financial Times, the International Monetary Fund (IMF) and the World Bank are launching their own permission blockchain and a token called “learning coin.” The purpose of these tools will be to study the application of blockchain and cryptocurrency technology. As the report pointed out, the coin was developed […] дальше »
2019-4-24 19:20 | |
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JP Morgan Wants to Improve Efficiency in the Banking Payments System With Blockchain
JP Morgan Chase, a Wall Street financial giant with a mixed crypto history, has widened its use of blockchain technology intending to improve the flow of the payments system in the banking industry, states a report by The Financial Times on April 21. дальше »
2019-4-23 14:29 | |
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Report: Ransom Amounts Following Cyberattacks Rose by 90% in Q1 of 2019
A report published by Coveware, a company that assists ransomware victims in facilitating cryptocurrency ransom payments, claims that ransom amounts requested following cyber attacks increased by 90% in Q1 of 2019 as compared to Q4 of 2018. дальше »
2019-4-23 13:09 | |
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JPMorgan Wants to Utilize Blockchain Technology to Revitalize Banking Payments System
According to a report published by PYMNTS on April 22, 2019, JPMorgan Chase is mulling utilizing blockchain technology to bolster the banking industry’s payment system. The multi-national company is also considering getting onboard a number of fintech companies to develop the desired platform. дальше »
2019-4-23 19:00 | |
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PayPal Wins Patent for Ransomware Detection Solution
Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim's computer, locks up the files therein and demands a ransom before the files can be accessed again — often to be paid in cryptocurrency. дальше »
2019-4-19 21:17 | |
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Report: Cryptocurrency ransomware payments up 90%, thanks to Ryuk
Ransomware attacks are still doing the rounds and one in particular appears to be gaining pace. Cryptocurrency payments made to ransomware attackers increased nearly 90 percent in Q1 2019 over the previous quarter, according to ransomware support firm Coveware’s latest report. дальше »
2019-4-18 16:00 | |
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Britain’s ‘Competition Watchdog’ is Examining Visa’s Recent Acquisition of Earthport Plc.
As per an all-new report released by Reuters a couple of days back, the UK’s Competition and Markets Authority has released a statement saying that it will be “looking closely” at Visa Inc’s latest acquisition plans associated with payments provider ‘Earthport Plc’. дальше »
2019-4-8 13:15 | |
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SharesPost Reports Ripple is Setup Nicely For Cross-Border Payments Growth Industry
Ripple Is Well Positioned For Growth In The Cross-Border Payments Industry, SharesPost Reports If you follow crypto news, you have already heard of Ripple, the creator of the XRP asset and of the xRapid cross-border payment solution. дальше »
2019-4-5 17:13 | |
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DataLight Report: Bitcoin already ahead of Mainstream Platforms for Large Payments
Bitcoin is already the most popular payment system for high volume transactions, surpassing mainstream platforms like PayPal, Visa, and Mastercard, according to an April 1, 2019, study by DataLight. The cryptocurrency analysis platform believes that Bitcoin is on course to surpass these legacy payment platforms on all fronts within the next decade if it continuesRead MoreRead More. дальше »
2019-4-4 23:00 | |
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Ripple’s XRP can be used for more than just cross-currency payments, says CTO David Schwartz
Ripple has been in the limelight this year following several updates and partnerships from the company’s side. One main highlight was Ripple’s report explaining their partnership with over 200 companies, a commendable feat from the point of view of a cryptocurrency company. дальше »
2019-4-2 17:30 | |
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Each Transaction Costs the Bitcoin Network $45, Large Improvements Needed to Beat VISA
Bitcoin is sometimes cited as a potential competitor to leading payments processing service VISA. However, data from the Bitcoin blockchain suggests the network has a long way to go before it can match the convenience, speed, and cost of VISA. дальше »
2019-3-31 15:55 | |
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Crypto Clash: OmiseGo Denies $150 Million Acquisition, Slams Report as Fake News
The founder of Omise — the company behind the OmiseGo cryptocurrency — denied reports that his Ethereum-based payments platform was acquired for $150 million by Charoen Pokphand Group, Thailand’s largest private company. дальше »
2019-3-30 20:30 | |
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Zebpay Integrates Bitcoin Lightning Payments on Its Mobile App
Malta-based cryptocurrency exchange Zebpay now supports Lightning payments. The exchange announced the news via a blog post, where it claims to be the "first major exchange" to enable Lightning payments for its users. дальше »
2019-3-29 20:13 | |
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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes
Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world. дальше »
2019-3-29 18:20 | |
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LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC
The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. дальше »
2019-3-28 18:00 | |
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WeChat Pay to reportedly take on Google Pay and Paytm in India later this year
Chinese tech giant Tencent is looking to enter India‘s payment market with a UPI-based (Unified Payments Interface) WeChat Pay app, according to Entrackr. The report notes Tencent execs met with the National Payment Corporation of India (NPCI) three weeks ago to discuss obtaining a license, with plans to launch the service in May or June. дальше »
2019-3-22 14:11 | |
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Twitter/Square CEO Jack Dorsey is Hiring Crypto Engineers – to Serve Him or the Bitcoin Ecosystem?
Square’s CEO Jack Dorsey has announced that the payments startup’s ‘small way to give back’ to the cryptocurrency ecosystem is to hire up to four full-time crypto engineers and one designer. #BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem. дальше »
2019-3-21 16:31 | |
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Samsung Pay Will Integrate Cryptocurrencies for 10 Million Users: Report
Even before the official announcement of Samsung Electronics on the launch of the Samsung Blockchain Wallet, local publications speculated that Samsung Pay could be behind the high-profile crypto integration for the Galaxy S10. дальше »
2019-3-10 18:22 | |
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Volume Of Cash Transactions Drop As Digital Payments See A Steady Rise, UK Fiat Use Could End By 2026
Volume Of Cash Transactions Drop As Digital Payments See A Steady Rise A recent report called Access to Cash Review has predicted that in the next 15 years, the currently obtainable cash structure will be practically outdated. дальше »
2019-3-7 00:24 | |
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Cash ‘on the Verge of Collapse’ While Bitcoin Transactions Near Record Highs
A new report claims that cash is “on the verge of collapse” in the UK, with cash transactions expected to almost vanish in the next decade. Meanwhile, bitcoin transaction volume is surging towards an all-time high and mainstream vendors like Starbucks and Krogers are considering methods of cryptocurrency payments. дальше »
2019-3-6 14:42 | |
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Bitcoin Fights Back to $3,900 as Starbucks Clarifies its Crypto Deal With Bakkt
“Bitcoin has no real-world applications. ” How many times have you heard this? Despite the best efforts of every crypto enthusiast worldwide, the number of merchants accepting crypto is still relatively small. дальше »
2019-3-6 00:58 | |
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Bitcoin Cash Supporter Convinces Chess.com to Accept BCH for Memberships
The popular website Chess. com used to accept bitcoin, but like many other well-known merchants it dropped the BTC payment option. Now after some discussion with an avid Bitcoin Cash (BCH) proponent, the website is accepting BCH for payments for its diamond, platinum and gold memberships. дальше »
2019-3-3 01:40 | |
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Facebook to Launch Its Cryptocurrency for WhatsApp in H1 2019, In Talks With Exchanges
CoinSpeaker Facebook to Launch Its Cryptocurrency for WhatsApp in H1 2019, In Talks With Exchanges According to the New York Times report, Facebook plans to use its crypto token for in-app payments across its suite of applications. дальше »
2019-3-1 11:37 | |
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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »
2019-3-1 20:16 | |
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Square’s Surging Bitcoin Business Will Restore Confidence in Crypto
Square, the $31 billion payments giant, processed over $166 million in Bitcoin purchases throughout 2018. Square Bitcoin Revenue Eclipses $50 Million in Q4 According to the firm’s Q4 shareholder letter, Square processed the sale of $52. дальше »
2019-3-1 19:58 | |
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Blackmailers made $332,000 in Bitcoin during ‘sextortion’ scam
Cybercriminals raked in more than $300,000 in Bitcoin payments during a ‘sextortion’ email-based blackmail campaign, which was first spotted in 2017 but saw increased activity mid-last year. According to a report by UK firm Digital Shadows, which tracked a sample of 792,000 emails as part of their analysis, criminals received some $332,000 from more than 3,100 unique sender Bitcoin addresses. дальше »
2019-2-22 16:12 | |
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New Adamant Capital Report: Bitcoin is Primarily a Store of Value; Payments are Secondary
Back on February 20, Adamant Capital discussed Bitcoin (BTC) and how it can be used around the world. In a recent blog post, the company provides information regarding the fundamental drivers behind Bitcoin price movements. дальше »
2019-2-22 03:15 | |
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Report: Bitcoin Unable to Solve Problems of Traditional Payment Systems
An official from the Bank of Spain believes that Bitcoin is unable to solve the problems of traditional payments systems
дальше »2019-2-19 01:20 | |
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In the Daily: Shapeshift Beta, Coinsquare Acquisition, Grayscale Investment Report
In this edition of The Daily we cover the beta launch of a new platform from Shapeshift, an acquisition by one of the largest cryptocurrency exchanges in Canada – Coinsquare – and the latest Grayscale digital asset investment report. дальше »
2019-2-18 16:42 | |
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Ifwallet Becomes First Public BCH Light Wallet to See Support from Cash Accounts Platform
Bitcoin’s first block was mined ten years ago last month. The anniversary was commemorated with the launch of the Cashaccount. info platform by developer Jonathan Silverblood, which lets users link BCH addresses with more readable names to make the payments process simpler. дальше »
2019-2-17 20:37 | |
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Visa, Mastercard Plan To Increase Transaction Fees; Cryptocurrencies Don’t
Visa and Mastercard are planning to increase transaction fees for US merchants who accept card payments, Reuters reports. The hikes, which come into effect in April 2019, are likely to further damage already the fragile relationship between payment providers and merchants. дальше »
2019-2-16 22:00 | |
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In the Daily: Cryptocurrency Payments, Nvidia Losses, Suspended CFD
In the first edition of The Daily this weekend, we focus on a study estimating that 13 percent of people have used digital coins for payments. We also look at the latest financial report from Nvidia indicating losses due to falling demand for chips used in cryptocurrency mining. дальше »
2019-2-16 15:16 | |
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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
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JP Morgan Set to Launch its Own Native Cryptocurrency for Cross-Border Payments
Banking giant JP Morgan is ready to launch a trial on a blockchain-based international remittance system, according to a report by CNBC. JP Morgan’s Token Will Function Like Stablecoins The cryptocurrency, dubbed “JPM Coin,” will be pegged to the US dollar in a 1:1 ratio similar to stablecoins. дальше »
2019-2-15 16:59 | |
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Bitcoin Network’s Block Size Averages Record Biggest Ever, But Jury is Out on Being Spam or Real Payments
According to a recent report from various news outlets is that miners on the Bitcoin blockchain are mining some of the biggest blocks on record. More specifically, it was reported that, on February 12th this year, there was an average block size of 1. дальше »
2019-2-15 23:10 | |
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Bitcoin a ‘Major Concern’ for the Indian Government, if Used for Payments: Report
India has long been a nation that has taken a hardline stance towards cryptocurrencies. The risks associated with digital currencies such as money laundering and terrorism funding have long fueled the Indian government’s approach to dealing with digital assets. дальше »
2019-2-10 12:15 | |
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Binance CEO Reveals Future Plan to Use Ripple’s xRapid Platform to Facilitate Payments
Changpeng Zhao, CEO of Binance was recently on a live stream interview on Periscope and he revealed that the cryptocurrency exchange has plans to partner with Ripple in order to take advantage of their cross-border payment platform, xRapid, according to a media report on February 7. дальше »
2019-2-8 01:39 | |
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Facebook Acq-hires Blockchain Project Chainspace’s Team
Social media heavyweight Facebook has started its highly anticipated journey into blockchain by acquiring the team behind Chainspace. In a recent report, Cheddar noted that the Chainspace team, which is the first blockchain acquisition by Facebook, was working on a smart contract-based system to facilitate payments. дальше »
2019-2-5 18:19 | |
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Facebook Moves Closer to ‘FaceCoin’ Acquiring Its First Blockchain Startup
Social media mogul Facebook has made an advance in its blockchain effort by hiring a blockchain startup specializing in smart contracts and facilitating payments. Facebook ‘Acqui-Hires’ Chainspace According to financial media Cheddar, Facebook has hired a small blockchain company called Chainspace. дальше »
2019-2-5 12:30 | |
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Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee
The Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability. дальше »
2019-2-5 09:05 | |
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Ripple Community Rejoices As Merchants Can Now Accept XRP Payments With CoinGate
As cryptocurrency exchanges struggle to maintain their performance, payment gateways like CoinGate have manage to continually expand consumer options with crypto-based purchases. CoinGate supports multiple coins on their platform, and they have just added XRP to their lineup, according to a report from The Block. дальше »
2019-2-2 17:05 | |
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Companies Using RippleNet and XRP May Not be as Highly Reputed as Ripple Claims
Companies that have adopted RippleNet, a global payments network may not be as large as Ripple, a U.S-based fintech and blockchain company has touted them to be, if the findings of an anonymous Twitter user with username @TrollyTrollFace Per the report, Trolly McTrollface, a user on Twitter publicized his findings after investigating many companies which […] дальше »
2019-2-1 07:49 | |
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Chainalysis: Darknet Market Activity Nearly Doubled Throughout 2018
Darknet markets are going as strong as ever, if Chainalysis data is to be believed. In its latest Crypto Crime Report, published earlier this week, blockchain analytics firm Chainalysis reports that darknet market activity has nearly doubled throughout 2018. дальше »
2019-2-1 00:35 | |
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New Iranian Central Bank Draft Report Suggests Banning Some Crypto Assets from Payments, Bitcoin Included
A new draft report has come to light from the Central Bank of Iran. The report, titled, “Obligations and Rules Regarding Cryptocurrencies,” outlines new regulations for the use of cryptocurrency, which is surprisingly restrictive. дальше »
2019-1-29 17:37 | |
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