Research: Swiss Fintech Startups Lag behind Other Countries

Switzerland’s fintech is failing to make an impact compared to New York, London, and Berlin, according to research, while Luxembourg and the Netherlands are threatening to overtake the country as a European fintech center. Other countries such as China, India, and Singapore are also making headway in the fintech industry. According to research group Statistica, […]

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IBM Launches Blockchain Cloud Services On Linux Server

IBM has introduced a cloud-based blockchain service for business-to-business networks that allows companies to test performance, interoperability and privacy of blockchain ecosystems. The company noted in a press release that the service is suited to organizations in regulated industries. IBM’s blockchain cloud is supported by IBM LinuxOne, which IBM considers the industry’s most secure Linux-only server. […]

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Bitcoin Price Compression Building Pressure

Bitcoin price keeps consolidating in a narrowing price range. Although there is a breakout building pressure in the chart, there is not yet any technical evidence of the eventual direction. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of […]

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Ripple: It’s Time for a Blockchain Cross-Border Payment Network

Blockchain or distributed ledger technology (DLT) has yet to achieve widespread use, but it is mature enough to begin commercial use. Ripple, a DLT technology provider, believes the time is ripe for banks to work together to initiate a network for more efficient inter-bank and cross-border payments, according to a white paper [PDF] by Ripple and […]

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Wirex Launches Free Bitcoin Virtual Debit Card

Wirex gets it.  Cryptos are only as valuable as the accompanying level of usability. Is this what mass adoption of bitcoin looks like? UK-based group Wirex is now offering a free virtual debit card through its pre-existing app. A user can easily download the app, register their account, download the card and then choose to load it with […]

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Russian Political Party Calls For Bitcoin Legalization

Boris Titov, the leader of Russia’s Party of Growth, called for the country to legalize cryptocurrencies like bitcoin and become a leader in blockchain development, according to Tass, a Russian news agency. Speaking at a press conference, Titov also said Russia can take advantage of its difficult economic situation to embrace blockchain technology as a […]

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Ethereum Gets Ready to Hardfork

Exchanges, miners, developers, users and ethereum’s entire ecosystem is getting ready for a historical and defining hardfork. Kraken, eth’s biggest exchange after Polonix, announced traders will be offered only one option, eth on the longest chain. If other exchanges follow Kraken’s example, which is likely, a chain split is practically impossible save for, at worst, […]

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Bitcoin Price Analysis: Consolidation Ongoing

Bitcoin price, as a commodity, criss-crosses its chart range. A reward-halving rally is still possible but is looking more and more unlikely as global commodities sink into a recession quagmire. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of analysis: […]

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Here’s Why Bitcoin Is Going Nowhere Fast: Financial Literacy

Bitcoiners love to believe their complicated version of money will win hearts and minds. But they might be overlooking one crucial aspect – most people don’t even understand traditional finance, let alone the uber complicated digital finance of the future. Almost two thirds of Americans can’t calculate interest payments. Yet, Bitcoiners believe their complicated digital […]

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Steemit Secures Hacked User Accounts, Advises New Passwords

Steemit, the blockchain-based social media platform that was targeted in a cyberattack saw malicious hackers hack user accounts and their balances. Since then, a recovery process has seen compromised accounts with balances over $100 USD, restored and refunded to the affected users. Blockchain-powered Steemit saw some 250 user accounts compromised along with $85,000 in Steem […]

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