After JP Morgan Chase created its very own cryptocurrency, the JPM, tech giants such as Facebook (NASDAQ:FB) and Telegram are also thinking about creating their own digital coins in the very near future. According to press, Facebook is currently talking to different exchanges about the eventual listing of the Facebook digital coin. The speculation or…
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The U.S. tech giant Google has had an ongoing “Love-Hate-Relationship” with the cryptocurrency industry for the past year. It first banned crypto-related ads on Google Adwords back in March of 2018, citing a need to protect its customers from fraudulent offerings. It then reversed itself in late September by modifying the ban, effective in October,…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 21, 2018. Highlights include: BCH Leads Crypto Bull Run: Crypto’s recent bull run has been headlined by Bitcoin Cash, which has risen nearly 200% since Monday. The cause of this meteoric rise is possibly…
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FINRA has informed the public that it has fined Merrill Lynch, Pierce, Fenner & Smith Inc. for improperly selling shares in initial public offerings (IPOs) to industry insiders. Merrill Lynch will pay a $5.5 million fine, and disgorge $490,530 it earned as revenue from the sales. IPOs included Facebook, Inc. (NASDAQ:FB), General Motors Co. (NYSE:GM),…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 20, 2018. Highlights include: Markets Drop on Fed Hike: US markets dropped following the Fed announcing that it will raise interest rates from 2.25% to 2.5%. Even though they were expecting the hike, the…
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Major payment system providers like Visa (NYSE:V) and MasterCard (NYSE:MA) may be having nightmares lately and for good reason. The word on the street is that Facebook is aggressively moving forward with plans to create an internal payment system that connects overnight its 2.3 billion active customer base. How do you do this feat without…
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Facebook is on a hiring blockchain spree. The company has started forming a blockchain group in mid-2018, and now has over 40 "blockchain" employees. Facebook was rumoured to be launching its very own digital coin. David Marcus, who was a President at Paypal and a Board Member in Coinbase, has joined Facebook in the blockchain…
Read moreLeadCoin partners with Stox, a Blockchain-based prediction market platform to offer the $400 billion crypto industry a web marketing alternative to Google and Facebook LeadCoin, has just announced that it launches the first lead sharing network on the blockchain that offers businesses a new way to buy and sell high quality, unused leads in real-time.…
Read moreMark Zuckerberg is literally under fire these days, after it became known that Facebook has been misusing users' data in multiple ways. Cambridge Analytica was accused of using data provided by Facebook to get insight into people's voting "habits", preferences etc. After Mark Zuckerberg testified in front of the US Congress, the scandal seems to…
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Facebook recently got under fire for security issues. The social media giant was accused that leakage of information of users is misused by companies and especially by data analytics companies. The most recent example comes from Cambridge Analytica, a data analytics company that gained access to personal data of almost 50 million users. There were…
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