Blockchain 

Blockchain Island Malta to Put All Rental Contracts on the Blockchain

Malta has welcomed cryptocurrency with open arms for the last two years—so much so, that several major crypto-related operations have set up shop there. In a bid to become the world’s greatest blockchain island, the company has brought major Asian exchanges Binance and OKEx, as well as Indian exchange Zebpay to its shores. Now, the jurisdiction is once again putting blockchain technology to good use and embracing it wholly. The Prime Minister, Joseph Muscat, announced yesterday evening that every rental contract in Malta would be registered on the blockchain. Rental…

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Blockchain 

Bitcoin Price Crosses the $11K Mark For the First Time Since March 2018

Since the beginning of 2019, Bitcoin price has been on the rise, gaining over 170%. On Monday, BTC price surged past the $11,000 mark, a new high since March 5, 2018. Demand for the coin has been reinvigorated by Facebook’s move to have its own digital currency. Bitcoin Price Up 13% from Friday to Over $11,300 According to Coindesk’s Bitcoin Price Index, Bitcoin price hit an intraday high at 5.30 am HK/SIN on Monday reaching a high of $11,307.69, which was almost a 13% gain from last week Friday. This…

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Blockchain 

Facebook Wasting No Time Developing Recently Announced Libra Coin

Last week, the world received highly anticipated news. After the story circulated through the media ranks for months, Facebook finally confirmed it. Yes, the social media giant has moved into the crypto market, rolling out a cryptocurrency called the Libra coin. While a new venture for the company, Facebook is wasting no time jumping in. Here’s the latest happening with Facebook and the Libra coin. Facebook’s Libra Coin Needs Data Engineers This week, Facebook posted a job description indicating that it’s looking for a data engineer to work at Calibra wallet,…

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Blockchain 

LiteLink Enters Into Strategic Alliance with SPARE to Bring the Virtual ATM Network to uBUCK Customers in the US

VANCOUVER, British Columbia, June 24, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), 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 strategic alliance with Spare CS, Inc. (“SPARE”) to bring virtual ATM capabilities to uBUCK customers. SPARE is a mobile ATM app that allows users to convert their digital balance into cash at registered merchants without the need for a debit card, credit card, or a brick and mortar bank. The agreement will…

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Blockchain 

Bitcoin (BTC) Price Continues the Bulls Run, Near 5 Digits Mark

Bitcoin price has surged this week to a fresh year-to-date high at the back of Facebook announcing that it is creating its own digital currency and payment network. BTC price is currently closing on the psychological mark of $10,000 per coin. In the last trading session, Bitcoin gained around 7% to $9,766 on the Bitstamp Exchange. Since the beginning of the year, Bitcoin has gained close to 160%, taking the coin to a new year-to-date high. Facebook’s Announcement Fuels the Rally The surge in BTC is a result of a number…

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Blockchain 

The Growth of Cryptocurrency Investments in Singapore

Cryptocurrency is one of the major topics that analysts and investors have been talking about for the last few years. In the last 5–6 years, the rise of cryptocurrencies has been dramatic, with lots of ups and downs that even experts were not expecting. Singapore is one of the major nations outside the US that has incorporated virtual currencies for payment or transaction purposes. Crypto investing is so huge in Singapore that the IRAS had to regulate and build a separate set of tax guidelines for the businesses using cryptocurrencies for…

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Cryptocurrency 

Regulators Discuss Cryptocurrency Legislation Ahead of G20 Summit

The cryptocurrency regulation debate is expected to be at the center of the upcoming G20 summit where representatives from various countries will evaluate the new legal action course that has been proposed by the International Financial Action Task Force. The FATF is expected to release the proposals for new international standards governing cryptocurrency business on June 21. Blockchain Representatives at G20 Event The summit has the support of legislators and it is expected to have on board Virtual Asset Service Providers (VASP) as well as national blockchain associations. This summit…

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Blockchain 

Breaking Down the Barrier Between Fiat and Crypto

It can be tough to get started with cryptocurrency because, at first glance, it does not seem easy to buy coins and tokens. The big exchanges such as OKex and KuCoin focus almost exclusively on crypto-to-crypto purchases, and while that is certainly useful, it does not help people who are just starting. Additionally, once people find a reliable fiat-to-crypto service, they then likely have to transfer their coins to another crypto exclusive exchange if they even want to consider buying some of the lesser-known altcoins. Every crypto fan has likely…

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Cryptocurrency 

Facebook Enters the Crypto Space with Libra Coin

On Tuesday, Facebook and its partners unveiled its new cryptocurrency dubbed Libra coin that will transform how its over 2.38 billion users perceive the use of crypto to make purchases. Libra to Bring “Unbanked” Individuals to the System The project is offering a stable digital currency that expects to bring more unbanked individuals into the system. The Libra coin will be backed by stable financial assets and managed through a governing body. The coin is expected to make an entrance into the market in the first half of next year. The…

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Blockchain 

Is Cryptocurrency the Future of Advertising? How Brave Wants to Use Data

Wouldn’t it be great if there were no ads bothering you while you surf the Web? Or if your data wasn’t everyone’s business? Companies use your data to personalize your experience and bring you more relevant ads and content. Yet, most people are not comfortable with their data being a commodity, and they also don’t see the results they are promised by giving up their data. As a result of recent data and privacy turmoil, people started taking their privacy online more seriously. You get flooded with ads on a…

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