Cryptocurrency 

France Pushes to Block Development of Libra in Europe

France’s Minister of the Economy and Finance has said the country will block the development of Libra in Europe as it threatens “monetary sovereignty.” Bruno Le Maire stated that he had serious concerns about the disruption the planned Facebook-led cryptocurrency could have on governments’ economic power at a meeting of the Organisation for Economic Co-operation and Development in Paris. “This eventual privatization of money contains risks of abuse of dominant position, risks to sovereignty and risks for consumers and for companies,” said Le Maire on the subject of Libra. Libra would be decentralized like…

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Blockchain 

Cosmos (ATOM) Soars 55% This Week

Cosmos (ATOM) is the biggest mover in the crypto space over the past week amid growing optimism. Let’s analyze the key reasons. Key Drivers The Bitcoin rally that fired up the crypto space over the course of the first six months of the year may have slowed down considerably, but there are many other tokens that are making rapid gains in the market. One of those cryptocurrencies that has been making impressive gains over recent days is Cosmos (ATOM). The token has had a superb week and rallied by as…

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Cryptocurrency 

Crypto M&A Picks Up Momentum in Asia and Europe, Says PwC

Even a few years ago, not many would have thought that crypto M&A, or mergers and acquisitions, were ever going to be a thing. However, it needs to be kept in mind that the crypto space has grown and evolved at a remarkable pace over the course of the past few years. Nowadays, the industry surrounding cryptocurrencies has not only evolved dramatically, but an actual ecosystem has emerged. Key Details According to a new report by the consultancy firm PricewaterhouseCoopers, most of the fundraising, as well as M&A, work in…

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Blockchain 

Ripple CEO is Working Hard on XRP’s Success

XRP, the world’s third-biggest cryptocurrency by market capitalization, has not had a great year so far and Ripple has come under a fair share of fire over the state of affairs. The San Francisco-based startup holds the highest number of XRP tokens and has been responsible for developing greater awareness about the cryptocurrency. Ripple’s CEO Makes Bullish Note However, the poor performance this year has been blamed on the company’s practice of selling off large chunks of XRP, and many believe that this practice has depressed the price of the…

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Blockchain 

Santander Launches First Ever End-to-End Bond on Ethereum Blockchain

Spanish banking giant Santander (NYSE:SAN) has announced today that it has become the first bank to use blockchain to manage a bond issue. The bank reportedly issued $20 million USD worth of bonds on the Ethereum blockchain, where it will remain until the end of its one-year maturity. As part of the transaction, Santander used an ERC-20 token to represent the value of the bond, which it issued on Ethereum’s blockchain network. This ERC-20 token was then bought by one of Santander’s companies, Santander Corporate and Investment Banking (CIB), for the…

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Blockchain 

Mastercard Teams Up with Blockchain Firm R3 for Cross Border Platform

Payment leader Mastercard (NYSE:MA) intends to expand a blockchain platform for cross-border settlements in collaboration with Ripple-backed fintech research company R3. Over the course of the past few years, the cryptocurrency space has grown at a remarkably fast rate and after the hibernation of sorts in 2018, most cryptos have been back with a vengeance this year. One thing that needs to be mentioned in this regard is the way in which some of the world’s biggest companies have now identified the true power of blockchain technology. In a new…

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Blockchain 

Binance Coin (BNB) Tumbles Amidst Growing Competition

Binance Coin (BNB) is one of the notable losers in the crypto space over the past three months. The tremendous growth experienced by the cryptocurrency space over the past five years has seen the development of several new tokens related to a wide range of projects. The sheer interest and buzz about the sector led to the development of plenty of new tokens. While many failed, a large percentage of them succeeded and survived. One of the more interesting projects was the one started by Binance, the giant crypto exchange.…

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Blockchain 

Bitcoin Continues to Face Tough Hurdle on Trade War Concerns

One of the biggest events in the news cycle this year was the return of Bitcoin and the rally that went on in the first half of the year was quite remarkable. It helped in a surge of sorts in the wider crypto space as well, but many believed that the Bitcoin rally was going to continue. However, in July, the momentum was lost, and since then, the world’s biggest cryptocurrency has struggled to reach its earlier heights. That being said, there had been hope that the rising trade war…

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Blockchain 

NetCents Technology Wins Merchant Share

VANCOUVER, B.C., September 12, 2019 –  NetCents Technology Inc. (CSE:NC) (OTCQB:NTTCF) (Frankfurt: 26N) (“NetCents” or the “Company”). Canadian-based NetCents is unleashing payment freedom for cryptocurrency owners around the globe. Through its proprietary Merchant Gateway program, NetCents is winning the merchant share sign-up race and cementing its success as the seamless cryptocurrency processing payment model. In the first 3 days of September, NetCents signed-up more merchants than the entire month of May, building on its average 95% month-over-month increases. Merchants are rewarding the Company for its seamless integration of cryptocurrency processing…

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Blockchain 

uBUCK Technologies Signs Definitive Commercial Agreement with Datable Technology Corp.

VANCOUVER, British Columbia, Sept. 12, 2019 (GLOBE NEWSWIRE) – LiteLink Technologies Inc. (“LiteLink”)(CSE:LLT) (OTC:LLNKF)(FRA:C0B), a key player in logistics platforms and payment solutions, is pleased to announce that its wholly-owned subsidiary uBUCK Technologies SEZC (“uBUCK”) has signed a definitive commercial agreement with Datable Technology Corp. (“Datable”). Datable provides consumers of Fortune 500 brands with access to over 300 digital gift cards from leading companies including Starbucks, Walmart, and Target. The partnership with uBUCK provides Datable with a unique and flexible cash card offering that it’s brand customers are looking to…

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