Russian crypto exchange YoBit tweeted that it will pump the price of 10 random coins. Cryptocurrency exchange YoBit is going to perform a pump scheme on random coins, according to an Oct. 10 tweet. A pump and dump scheme is a form of fraud that attempts to artificially boost the price of an asset through […]
Continue Reading
HSBC and Standard Chartered have vowed to continue supporting Chinese companies amid ongoing trade tensions, according to reports Wednesday (October 10). Global Trade Review said the FIs, which operate as two of the largest trade finance providers in Asia, have emphasized their commitment to the Chinese market and existing government initiatives including Made In China […]
Continue Reading
The European Commission announced Wednesday (October 10) that it plans to provide European Union states with guidelines for handling national schemes to sell passports and residency permits to wealthy foreigners. Reuters, citing the European Commission, reported that the move comes as lawmakers and those running for office have been raising concerns about money laundering. Reuters […]
Continue Reading
First Data, the global commerce-enabling technology company, and BlueSnap, a payments technology provider, announced on Wednesday (October 10) a partnership to combine BlueSnap’s All-in-one Payment Platform with the suite of global and local payments solutions offered by First Data. In a press release, the companies said the partnership will also provide BlueSnap with access to First […]
Continue Reading
By some accounts, the 2018 holiday season is going to be a bang-up year for retailers. Unemployment is down and consumer confidence is up. Holiday sales for U.S. retailers are expected to increase 4.8 percent this year, according to the National Retail Federation (NRF) — well above the 3.9 percent increase experienced over the past […]
Continue Reading
A recent study by Chainalysis states that Bitcoin whales do not make markets more volatile. A new study by blockchain research firm Chainalysis shows that Bitcoin (BTC) whales are not responsible for price volatility. The study examined the 32 largest BTC wallets, which reportedly represent 1 million BTC, or around $6.3 billion. BTC whales are […]
Continue Reading
The Foreign Ministry of Thailand has invalidated the passport of an alleged Bitcoin scammer, rendering him unable to return to his home country for prosecution. The Foreign Ministry of Thailand has revoked the passport of an alleged crypto scammer, which has reportedly rendered him unable to return to his home country for prosecution, the Bangkok […]
Continue Reading
Technology from the Mobility Open Blockchain Initiative’s tournament for blockchain in auto tech will be showcased publically at an event hosted by BMW next year. The Mobility Open Blockchain Initiative (MOBI), and the Trusted IoT Alliance (TIoTA) have launched a tournament for blockchain applications in vehicles, according to an official press release published Oct. 10. […]
Continue Reading
While children are sitting in schools studying the “real” three Rs (reading, writing and arithmetic), payments peeps will be looking at the local version: risk, rewards and real time. What all three have in common is being on the rise. Businesses want to get paid and get paid faster (or instantly, if possible), and are willing to go […]
Continue Reading
Waze Carpool, the Google-owned app that connects people with rides, announced Wednesday (Oct. 10) that the service is now available nationwide. In a blog post, Waze Carpool said it now has 110 million monthly active users globally, and that every month, more than 12 million Waze users report over 60 million incidents. But with traffic […]
Continue Reading