Visa CEO Plays Down Cryptocurrency Threat, Indicates Possible Intervention

Visa chief executive officer Alfred Kelly has said that cryptocurrencies are not a significant threat to his company’s electronic payments hegemony. He nevertheless indicated that the legacy financial intermediary may move into handling cryptocurrency if there is an incentive to do so. Also Read: Japan Approves Self-Regulation of Cryptocurrency Exchanges Kelly: Cryptocurrency More a Commodity Than … Read more

Unwriter Launches ‘Bitsocket’ — A Push API for the Bitcoin Cash Network

After a slew of new applications released over the last six months, on Oct. 24 the software developer Unwriter published another platform for the BCH ecosystem called Bitsocket; a real-time application program interface (API) for Bitcoin Cash. Essentially Bitsocket compliments Unwriter’s Bitdb ‘pull’ based API with a ‘push’ based infrastructure for transactions on the Bitcoin … Read more

SEC Suspends Trading in Company Over False Cryptocurrency-Related Claims

The U.S. Securities and Exchange Commission (SEC) has suspended trading in a firm for making several false cryptocurrency-related claims. Among them are the firm’s partnership with an SEC qualified custodian, regulated cryptocurrency transactions, and tokens that are fully registered with the commission. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Trading Suspension The SEC … Read more

Facebook and Twitter Beware — Censorship-Resistant Social Media Is Here

Over the past few months, Bitcoin Cash developers have been creating applications that are similar to social media and forum platforms like Reddit, Facebook, and Twitter. Anyone in the world can use these Bitcoin Cash-powered applications such as Memo, Blockpress, Keyport, and Matter which offer censorship-resistant versions of these social media giants. Also read: Facebook Purge … Read more