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Author: cashtechnews

Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others. The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment. Corrections, feedback, and ideas should be submitted through the website contact form.

Italian Banks Successfully Test Data Reconciliation Via Blockchain

October 14, 2019cashtechnews

The reconciliation data of an entire year of Italian banking activity on a blockchain platform, announced the local banking association. The Italian Banking Association (ABI) successfully processed the reconciliation data of an entire year of local banking activity on a blockchain platform. The association announced the successful test of the Spunta Project’s system in a […]

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Kik Announces It’s ‘Here to Stay’ in Apparent Reversal of Fortunes

October 14, 2019cashtechnews

Social media and messaging app Kik has revealed it’s “here to stay,” in an apparent reversal of earlier plans to shut down amid legal difficulties. Canadian social media and messaging app Kik has revealed it’s “here to stay,” in an apparent reversal of earlier plans to shut down amid legal difficulties. In an official tweet […]

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Crypto IRS Audits: Hire Professionals or Do it Yourself?

October 14, 2019cashtechnews

The IRS is hunting crypto user identities. If you are audited, should you hire a professional or do it yourself? Do it yourself or outsource it? Rightly or wrongly, most people seem to fear the IRS, and an IRS audit can be daunting, even if it is entirely by correspondence. Most considerations are arguably the […]

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Bitcoin Price: Sudden Sunday Drop Has Analysts Eyeing $7.8K Support

October 14, 2019cashtechnews

A test of resilience for Bitcoin price now revolves around an area with $7,400 as its bottom, one market analyst suggests. Bitcoin price (BTC) returned to sideways trading on Oct. 14 after a sudden dip on Sunday evening saw markets lose 2% in minutes. Cryptocurrency market daily overview. Source: Coin360 Bitcoin claws back lost ground […]

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Report: Telegram’s ‘Force Majeure’ Clause Curbs Investor Compensation

October 14, 2019cashtechnews

Telegram’s pledge to return money to investors in the event of a delay to the launch of its blockchain network may be superseded by a “force majeure” clause in its purchase agreement. Telegram’s pledge to return money to investors in the event of a delay to the launch of its blockchain network may be superseded […]

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Litecoin Turns 8 — Charlie Lee Says Foundation Not Near Bankruptcy

October 14, 2019cashtechnews

As Litecoin celebrated its eighth birthday on Oct. 13, its founder Charlie Lee fended off criticism about LTC and the Foundation’s finances. As Litecoin (LTC) celebrated its eighth birthday on Oct. 13, its founder Charlie Lee had to fend off crypto Twitter’s FUD — fear, uncertainty and doubt — about the altcoin. Lee’s original post […]

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Sudden Cyworld Shutdown Puts Clink Crypto Investors at Risk: Report

October 14, 2019cashtechnews

South Korean social media platform Cyworld has shut down operations prompting concerns about the future of its Clink cryptocurrency. South Korea’s Cyworld social media platform shuttered its services on Oct. 1 without giving any prior notice, English-language local media The Korea Times reported on Oct. 14. What’s more, the website for its Clink (CKCT) crypto-asset […]

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BMW, General Motors, Ford to Start Testing Blockchain Payments in Cars

October 14, 2019cashtechnews

Tests of a blockchain car identification and payment system deployed by automakers Renault, BMW, General Motors, Ford and Honda will start next month. Five major automakers — BMW, General Motors, Ford, Renault and Honda — will start testing a blockchain car identification and payment system next month in the United States. Automakers envision self-paying cars, […]

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Dutch Central Bank: World Will Need Gold if Entire System Collapses

October 14, 2019cashtechnews

The Dutch central bank raised eyebrows by admitting fiat could fail and society would then need actual sound money to survive. Fiat money will become inferior to gold in the event of a total collapse of the world’s financial system, one of Europe’s central banks has said. Gold will rescue the economy from “collapse” In […]

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Growth of BTC Millionaires Now Matches Bitcoin’s Early Years: New Data

October 14, 2019cashtechnews

Bitcoin wallets containing more than 1,000 BTC are now increasing at a rate seen only before the Mt. Gox collapse. The number of Bitcoin (BTC) addresses containing more than 1,000 BTC ($8.3 million) is growing at the same pace in 2019 as before 2014, new data shows. Woo “super bullish” on wallet trend Uploaded to […]

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