Please share if you find this article interesting. Western Union Confirms Testing Ripple Technology For Money Transfers The financial services provider Western Union (WU) is testing transactions with the use of Ripple’s (XRP) Blockchain-based settlement system, the company’s Chief Financial Officer Raj Agrawal said in an interview with Bloomberg Feb. 14. The globally known money transfer company Western Union confirmed that it is testing Ripple following more than a month of rumor-fuelled speculation that began in early January. The announcement comes after Western Union reported its 2017 results, claiming a revenue of $1.4 bln - a 5 percent increase over the previous year. As Ripple’s CEO Brad Garlinghouse told Bloomberg, WU has decided to look into their platform in order to fa
Please share if you find this article interesting. Soros Fund Becomes Number 3 Shareholder of Overstock, CEO Known For Pro-Bitcoin Stance George Soros’ investment fund became the third-largest shareholder in the pro-cryptocurrency retailer Overstock last year, data shows, according to an article published by CNBC on Thursday, Feb. 15. According to a filing from the US Securities and Exchange Commission (SEC) reported by CNBC Thursday, Soros Fund Management had secured 2,472,188 shares in Overstock by the end of Q4 2017. Patrick Byrne’s online platform became the first major corporation of its type to accept Bitcoin for payments in 2014, a practice it continued before announcing a new trading-focused venture in September. After the unveiling of its partnership involving subsidiary
Please share if you find this article interesting. Crypto Exchanges Launch P2P Platforms from Latvia and Bulgaria - Bitcoin News Technology While European institutions are issuing another series of warnings about the risks and sins of dealing with bitcoin, crypto communities on the Old Continent are trying to preserve freedoms not granted by Brussels. Two exchanges from opposite corners of New Europe have announced plans to offer peer-to-peer cryptocurrency trading. Latvia-based Hodlhodl has launched its new P2P platform in beta-mode, and Bulgarian Crypto.bg is developing its own service that may replace the fiat medium with a token. Also read: Global P2P Crypto Markets Experience Record Volume Throughout December Going Global Intensive work to develop decentralized and un
Please share if you find this article interesting. Cisco And Ukrainian Cyber Police Uncover $50 Mln Bitcoin Phishing Scam Technology conglomerate Cisco and the Cyber Police of Ukraine have revealed a Ukrainian Bitcoin (BTC) phishing ring that has stole over $50 mln over a three year period, Cisco’s threat intelligence team Talos reports. Talos was first alerted to the phishing threat on Feb. 24, 2017, when a Ukrainian-based phishing scheme, COINHOARDER, targeted the blockchain.info wallet service through Google Ads that contained “gateway phishing links” and generating over 200,000 client search queries. The Google Ads would appear to represent the real blockchain.info Bitcoin wallet by using domain names that closely resembled that of the official wallet, like blockchein.info. T
Please share if you find this article interesting. 94-Year-Old Berkshire Hathaway VP: It’s ‘Disgusting’ People Buy Bitcoin Berkshire Hathaway vice chairman Charlie Munger described Bitcoin as “totally asinine” Wednesday in what some consider will be one of his last public forums, Financial Times reports Thursday, Feb. 15. Speaking at the 2018 annual general meeting of the Daily Journal Corporation, Munger, who is 94, outed himself as one of Bitcoin’s most outspoken naysayers. Asked about what he described as the “Bitcoin craze,” Munger’s response was that it should receive a government crackdown. “I expect the world to do silly things from time to time, because everybody wants easy money,” he told shareholders at the meeting. “It’s just disgusting that people are taken in by som
Please share if you find this article interesting. Bitcoin Looks Above $10K, But Resistance May Await Having hit two-week highs, bitcoin is now aiming for the $10,000 mark and beyond, but further gains may be transient, the charts indicate. Bitcoin (BTC) picked up bid yesterday following a bullish breakout on charts and rose above $9,000 in a convincing manner. The cryptocurrency moved higher to $9,961 today – the highest level since Feb. 1, as per CoinDesk's Bitcoin Price Index (BPI). As of writing, BTC is up more than 60 percent from the Feb. 6 low below $6,000. Furthermore, in the last 24 hours, BTC has appreciated by nearly 12 percent. The price rise should put to rest the fears that bitcoin may take a beating or move in a sideways manner during the Chinese holiday lull. Besi
Please share if you find this article interesting. How to Get Paid for Your Web Search: A Startup to Give Data Control Back to Users The massive share of $550 bln advertisement market belongs to search engines and social networks accumulating private data, but the founders of a new startup BitClave believe they can change the situation. A Blockchain startup BitClave based in Mountain View, California is aiming to reduce the cost of online advertisement by eliminating the middlemen. “Too much money goes to the hidden ad network with too little added value for business and customers,” the company said in the white paper. The idea behind the startup is to give control back to the users, who could profit from every search result in which they meet the customer profile. Users would be
Please share if you find this article interesting. PR: Fysical's Location Data Proves Racially Diverse Crypto Crowds Are Wealthiest - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Fysical, a decentralized location data market, used location data from its 1,000 data suppliers to prove that racially diverse crypto crowds are also the wealthiest. It analyzed millions of anonymous location data points from the attendees of six major cryptocurrency and blockchain conferences to create insights, study foot traffic p...
Please share if you find this article interesting. Coinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTC - Bitcoin News Services While its trading clients might have preferred Coinbase to focus on improving its core service, the exchange is busy now expanding into another market. Coinbase Commerce has launched to help online stores handle payments in four leading cryptocurrencies. Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether Coinbase Commerce San Francisco-based cryptocurrency exchange Coinbase has developed a new service that aims to simplify for merchants the adoption of multiple cryptocurrencies as payments for goods and services. Coinbase Commerce facilitates the acceptance of cryptocurrencies by monitoring, validating and...
Please share if you find this article interesting. Crypto All Stars Brings Your Favorite Twitter Traders to the Blockchain - Bitcoin News Smart Contracts Blockchain based trading cards are all the rage, with one estimate placing the transaction value of ethereum games at $10 million a day. While the vast majority of these games are derivative and ephemeral, that’s not to say they can’t provide short-term entertainment. The latest addition to the Crypto Kitties stable is Crypto All Stars, which promises to bring all your “favorite Twitter shitposters” to the blockchain. Also read: People Are Paying Thousands of Dollars for Crypto Celebrities on the Blockchain Pyramid Scheme Meets Proof of Ego This week’s must-have blockchain game is next week’s relic, so the odds of Crypto Al