A deeper look into Starbucks’ crypto plans. The United States coffeehouse chain Starbucks is one of the most mainstream companies to look into crypto, and its intentions have finally been confirmed this week: The company has teamed up with Microsoft to track its beans with a blockchain. Moreover, reports say that the coffee giant might […]
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For the first time in three years, the Royal Bank of Scotland and Barclays have managed to speed up commercial real estate transactions using blockchain. The first properties record are to be digitized in England and Wales. Recently, Barclays and the Royal Bank of Scotland (RBS), with the participation of enterprise software company R3, successfully […]
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The U.S. senate is seeking information on Facebook’s secretive cryptocurrency project. The Committee on Banking, Housing, and Urban Affairs of the United States Senate is seeking information on Facebook’s reported cryptocurrency project. The committee addressed its concerns to Facebook founder and CEO Mark Zuckerberg in a letter on May 9. In a series of questions, […]
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Speaking to mainstream media, insiders said a reinvented “PayPal Mafia” had started working at the firm’s blockchain division. Social networking giant Facebook is hiring PayPal staff ahead of its alleged cryptocurrency launch, Bloomberg reported on May 8. Facebook, which has courted rumors over its planned entry into blockchain and payments for around a year, could […]
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More on Facebook’s potential expansion into crypto. Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface. Most recently, the Wall Street Journal (WSJ) reported that Facebook […]
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Stablecoin tether is apparently only backed 74% by cash reserves, and Elon Musk and Vitalik Buterin get friendly on Twitter. Top Stories This Week Fractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers According to documents released by USD stablecoin tether’s (USDT) lawyers, the company behind the stablecoin only has enough fiat […]
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Crypto markets are experiencing a major bull move, with all of the top 20 coins seeing significant growth over the day. Friday, May 3 — the crypto markets have rallied today, with bitcoin (BTC) breaking new 2019 highs. All the top 20 cryptocurrencies by market cap are seeing significant gains over the past 24 hours, […]
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Sources tell the Wall Street Journal there exist multiple plans for integrating the coin into the lives of users. Social media giant Facebook is seeking investments worth $1 billion for its rumored cryptocurrency stablecoin, the Wall Street Journal (WSJ) reported on May 3. Citing people familiar with the plans, the publication revealed Facebook was currently […]
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Around half of the 80 lobbying entities included bitcoin and/or blockchain in their areas of interest. Around 40 entities lobbied for bitcoin (BTC) and blockchain-related causes in the United States in Q1 2019, political news site Roll Call reported on April 30. Citing data from the Federal Electoral Commission, the publication stated that around half […]
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Crypto startup Moon is launching a web browser extension that allows e-commerce shoppers to use their LN BTC wallets. Crypto payments processing startup Moon is launching a web browser extension that allows e-commerce shoppers to use their Lightning Network (LN) bitcoin (BTC) wallets for purchases on sites like Amazon. The news was reported by Moon’s […]
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