An expert from the People’s Bank of China thinks the country has to study USD-backed cryptocurrencies and to launch its own yuan-backed stablecoin. The Chinese government should consider launching its own yuan-backed stablecoin despite the current ban on cryptocurrencies, an op-ed in Chinese financial journal CN Finance reports Tuesday, Oct. 9. An expert from the […]
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Hacked Japanese crypto exchange Zaif has announced its business plan with Fisco to provide financial support for affected customers’ assets. Hacked Japanese cryptocurrency exchange Zaif has announced an official plan to provide financial support for affected customers’ assets, in an official notice posted today, October 10. As previously reported, the exchange suffered a security breach […]
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The New York Attorney General and the Connecticut Attorney General are investigating the Google data breach that may have exposed the private data of at least 500,000 users. Google announced Monday (October 8) that it is shutting down Google+ after finding a security bug that made the data accessible to developers. In a blog post, Google said […]
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ShippingEasy has announced that it is integrating with Amazon’s Alexa to expedite package delivery for its eCommerce sellers customer base. The partnership with Amazon will allow eCommerce sellers to use their Alexa voice assistant device, or download the Alexa app on their smartphone, to carry out hands-free business shipping tasks, including managing orders, shipping orders, […]
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If data is the new oil, then it could be said that retailers are sitting on data gushers. After all, they have terabytes of data flowing across their various retail channels — and then use the insights that come from it to build better consumer experiences. It sounds elegant and obvious. The problem — Karen Webster noted in a recent conversation with […]
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Ridesharing company Uber is considering getting back into the grocery delivery game. CEO Dara Khosrowshahi said that due to the company’s success in the delivery of food, which reached $6 billion in bookings earlier this year, it makes sense to take another look at the grocery market. “With Eats, we’re getting into the business of […]
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Mastercard has been awarded a patent for a proposed blockchain system that would support multiple types of currency. According to Coindesk, the patent describes how a firm may need to store different types of transaction data on the same platform, which is difficult to do on a single blockchain. So Mastercard wants to implement a […]
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As is often the case with these big hardware events – the Made by Google Event was both surprising and not. Much of what was rolled on a New York stage yesterday afternoon (Oct. 9) was anticipated and well known long before the stage presentations began: the new Pixel phone was described as “exactly as […]
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Could APIs be the missing link in the quest for world banking services domination? One startup seems to think so. APIs are being used across the financial landscape to help traditional banks and FinTechs deliver products to a wider audience, including underbanked populations. This means developers can tap them to extend financial benefits to users […]
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What “Blockchain Promotional Act 2018” might mean for the US industry. Last week, two US lawmakers introduced a bill dubbed the “Blockchain Promotional Act 2018” in the House of Representatives. Its main purpose is to establish a common definition of ‘blockchain’ technology along with a blockchain working group that would potentially overview studies for federal […]
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