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A number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4.6 trillion in cash sitting on the sidelines right now, could very well flow into precious metals and crypto-asset markets. Moreover, other investors have … Read more
The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding. Go to Source Powered by WPeMatico
With ransomware attacks up 200% in the last two years, Cointelegraph looks at some of the methods bad actors are employing and how to avoid them. Go to Source Powered by WPeMatico
Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance. Go to Source Powered by WPeMatico
During the last three months, the U.S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying individual corporate bonds on a regular basis. Moreover, … Read more
The Islamic Development Bank’s research organization has partnered with Blocko to build a blockchain credit management system. Go to Source Powered by WPeMatico
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher Giancarlo, and members from the Electronic Transactions Association. The Covid-19 outbreak and following panic, … Read more
Ripple has slowly been building up a global network of partners who use their technology and services. If Navin Gupta is to be believed, there are nearly 350 financial institutions using RippleNet, with more to be added in the near future. Ripple’s technology has been of great interest to banks and other financial service providers. … Read more
Money troubles are surprisingly common among Americans – more than half of Americans regret not saving more money for later in life and of those, most regret underfunding their retirement accounts, emergency funds, and the money toward the education of their children. As of 2020, American total household debt reached a new high as Americans … Read more
The Saudi Arabian Monetary Authority has transferred funds to local banks using blockchain technology. Go to Source Powered by WPeMatico
