The cofounders of Google, Larry Page and Sergey Brin, have just announced that they will be stepping down from their roles in Alphabet. The current CEO of Google, Sundar Pichai, will now take over the mother company as well as the next CEO. Both Sergey and Larry will remain shareholders and on the board of…
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The British Virgin Islands and blockchain company LIFElabs.io are partnering to launch the BVI~LIFE digital coin. According to the press release from December 3, the launch of the currency is part of a broader effort to grow the financial technology sector. The initiative is to be presented at the BVI Digital Economy symposium on December 3rd.…
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It is no surprise that Tezos (XTZ) skyrocketed, as Binance is set to launch the "zero-fee" staking of XTZ today. Tezos is an open-source blockchain project that basically evolves by upgrading itself. What this means is that the digital coin can have its updates without going through a hard fork. The staking service that Binance…
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Alibaba Cloud and the Credits blockchain platform have teamed up to revolutionize the Chinese logistics market with blockchain. The companies will develop software and hardware solutions for solving the payment and trust issues currently present in the Chinese market. The partnership will see the use of modern, innovative business models such as 3PL. What this…
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SoftBank has been recently in the news primarily because of the WeWork "ordeal". However, the Tokyo-based conglomerate has now entered the blockchain space by releasing a debit card with built-in blockchain wallet. The card is developed in collaboration with the US-based wallet developer company called Dynamics. The product is names SBC Wallet Cards and it…
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While many wonder what would happen to the price of Bitcoin, very few investors think about where the next boom of the crypto would come from. It is not only the price that would determine the next step for Bitcoin, but also the developments that would come in due course. According to Jack Dorsey, the…
Read moreHSBC is revolutionising the way the bank tracks and records assets. Currently, Reuters reported that HSBC plans to shift around $20 billion worth of assets from paper records to a new digital blockchain platform. The shifting is expected to take place by March and it will be one of the biggest deployments of blockchain ever…
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After years of chasing the founder of the largest Ponzi scheme in the crypto world, Ruja Ignatova, her brother, Konstantin Ignatov finally pleaded guilty for committing fraud and money laundering. Not only did he admit these crimes, but he also accused the founder of a racehorse fund of stealing $110 million from the Ponzi scheme.…
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Charles Schwab Corporation, one of the largest brokerage firms in the US, has set its sight on TD Ameritrade (TDA) in a potential $26 billion acquisition. When the news broke today, both companies saw their share prices go up (Charles Schwab went up by roughly +3.5%, while Ameritrade - by +7.0%). According to press, the…
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Bitcoin is getting new traction in South American countries. While the price fluctuations of the currency are still valid and the market is extremely volatile, there is no denial that the "people's currency" is "rain making" in South America. According to recent press releases, adoption of Bitcoin in South America has increased significantly in the…
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