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 […]
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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 […]
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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 […]
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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. […]
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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 […]
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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 […]
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It’s almost five months since Europe’s General Data Protection Regulation (GDPR) went into effect. Although the initial buzz around the sweeping legislation has died down, we’ve seen momentum in the United States toward stricter state data privacy laws such as California’s Consumer Privacy Act (CCPA) as well as possible federal legislation. More laws, mean more tools. […]
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WhatsApp, the messaging app owned by Facebook, said on Wednesday (Oct. 10) that the bug that enabled hackers to take over apps when a user answered an incoming video call has been fixed. According to a Reuters report, WhatsApp’s comments that the problem is fixed came after ZDNet and The Register reported the security weakness, […]
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Regal Software has announced a collaboration with Mastercard that enables financial institutions to support virtual corporate payments. In a press release, Regal said its agreement with Mastercard will allow banks to provide an integrated payables platform that supports virtual card payments. Together, the companies are launching RegalOne, an application that provides integrated virtual cards to […]
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Cryptocurrency Initial Coin Offerings (ICOs) failed to surpass the $300 million fundraising mark for September 2018. ICO fundraising is now at its lowest point since mid-2017 as the crowdfunding scene continues to mirror the decline of the broader virtual currency market. Cryptocurrency ICO Fundraising Falls Below $300 Million in September 2018 According to Bloomberg, cryptocurrency […]
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