Facebook is determined not to take “no” for an answer when it comes to FinTech. Facebook Inc. has launched a new subsidiary group to promote “payments and commerce opportunities” with David Marcus, Libra’s co-creator, in charge of the division. The subsidiary, called Facebook Financial or “F2” will run its payments projects, including a planned Facebook […]
Continue Reading
As private investors withhold seed funding from blockchain enterprises, venture capital firms armed with public funds are filling the void. Securing seed money for blockchain startups is a tricky business in normal times, but with a pandemic raging, it’s really touch-and-go. Private investors have been walking away from startup deals lately, looking to conserve working […]
Continue Reading
Binance’s debit card process makes it a more of a centralized bank-like institution than the decentralized tech dreamed by Bitcoin’s creator. Satoshi Nakamoto years ago envisioned an ecosystem that would be independent of the centralized financial system that dominates the global economy today. His creation sparked a global community of enthusiasts and an entire industry […]
Continue Reading
Blockchain is transforming industries left, right and center — but how could this technology benefit the art world? The art world has had a tough time lately. The coronavirus pandemic has forced many galleries and museums to close, with sales of premium pieces also affected. But there could be a solution that helps the industry […]
Continue Reading
Blockchain is making further inroads with municipal authorities in China, as the mayor of Loudi supports its use to combat crime. The mayor of Loudi, a city in China’s Hunan province, has characterized blockchain technology as a powerful “weapon” that can effectively tackle crime. At a meeting of Loudi’s Municipal Public Security Bureau on Aug. […]
Continue Reading
China’s first government-backed blockchain initiative has just launched an official international website. China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website. Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project. Integration with six permissionless blockchains He Yifan, CEO […]
Continue Reading
The native token of Japanese messaging giant LINE is now available for trading on crypto exchange BitMax. Crypto exchange BitMax just made Japanese messaging app LINE’s token available for trading. According to an Aug. 6 notice from LINE, the biggest messaging app in Japan with 84 million active monthly users will be making its native […]
Continue Reading
Strategies from the world of traditional finance could offer promise for miners who want to lower the risk associated with holding inventory. To a newcomer, crypto mining may sound deceptively easy — essentially, a way to switch on a machine, walk away and watch the lucrative crypto rewards roll in. But the reality is a […]
Continue Reading
The BAND native token will be supported for trading on Huobi Global beginning August 10. Band Protocol, the cross-chain data oracle platform, said that its token BAND has been listed on Huobi Global exchange. The company clarified in a press release on its blog that trading on BAND token will start on August 10. Huobi […]
Continue Reading
LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19. Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic this year. It stated that over 10,000 blockchain companies were established between January and July. […]
Continue Reading