Facebook looks to create Cryptocurrency for WhatsApp
Facebook cryptocurrency could soon be a reality through one of its purchases - WhatsApp. Facebook is very quietly trying to power money transfers and enter the foray into the cryptocurrency ecosystem. Earlier this year, Facebook announced a blockchain group. ...
US Lawmakers Introduce “Token Taxonomy Act” to Exclude Cryptocurrency from Securities Exchange Act
Cryptocurrency regulations may become clearer in the near future in the United States! 2 congressmen introduced a bill Thursday that would specifically exclude cryptocurrencies and digital currencies from the decades-old definition of a security. Cryptocurrency...
Ethereum Aims to Fire All Miners.
Bitcoin has reportedly fallen through its break-even cost of mining three times in the last few months. Proof-of-Work (PoW) is now being questioned by skeptics as economically viable. MarketWatch contributor claimed that BTC, with its hashrate drought, is poised to...
Western Union to Add Cryptocurrencies.
Is Western Union adopting cryptocurrencies in the near future? According to a blog post, it seems like the financial services company is going to be entering the foray! WU (Western Union) has revealed that its evaluating cryptocurrencies and will be prepared and...
Coinbase Launches Convert, Direct Crypto to Crypto Conversion for US Residents
Coinbase has been announcing news after news for the last few days as part of its 12 Days of Consecutive Announcement. Their latest announcement – Coinbase allows direct conversion of cryptocurrencies into other digital assets! Coinbase is rushing to make it more...
Facebook Hires 40 Ex-Paypal Executives to Lead Blockchain Division
There’s been moves made to bolster the Facebook Blockchain Division – did you catch it? Facebook has hired 40 ex-PayPal members to work for them. As the dominant social media company in the world, Facebook is intensifying its efforts to start its foray into the...
President Trump Appoints Crypto Advocate as New Chief of Staff
Crypto friendly White House staffer Mick Mulvaney is the new acting White House Chief of Staff. Formerly the director of the Office of Management (OMB), Mulvaney will replace John Kelly as the gatekeeper to the White House. Mulvaney is an outspoken supporter of...
Coinbase Adds Near-Instant Cash Withdrawals to PayPal
Coinbase Paypal withdrawal is now active! Major US cryptocurrency exchange Coinbase has introduced fee-free cash withdrawals to PayPal according to an announcement published by Coinbase. This has been available to some savvy sleuths for a couple of weeks now but was...
Crypto Bank Launch by Robinhood!
Crypto friendly banking will be upon us before we know it. We have some great news coming from the UK and the US today - Revolut and Robinhood have separately announced new products that could be a boon for the crypto industry in the long-term. This is just the next...
TD Ameritrade Explores Option of Adding Cryptocurrency to their Platform
TD Ameritrade exploring XRP and cryptocurrency! TD Ameritrade, a US Brokerage service that is used by 11 million retail investors, announced that they would be exploring cryptocurrency options for its users. They responded to a question about whether it will give its...