Cryptocurrency 

Will Amazon Ever Add Cryptocurrency to Its Platform? Maybe!

Around one-third of Americans use Amazon.com to buy just about everything. The company holds around 90 million US-based Prime members and the average subscriber spends around $1,000 annually on the site. The wide assortment of products at low prices has helped make Amazon one of the most valuable companies in the world. Except, its frequent shoppers want access to more products on its site, including medical marijuana, prescription drugs, and cryptocurrency. Amazon and Cryptocurrency Investing.com conducted a polled study of 1,000 Amazon shoppers and found that 13% were “OK” with…

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Cryptocurrency 

Buy Ethereum on Opera | Browser Wallet Accepts ETH Purchases

Web browser Opera announced earlier today that Android users can now buy Ethereum (ETH) directly from its browser wallet. For reference, ETH is currently selling for $104.75 USD per coin according to CoinMarketCap. Buying Ethereum on Opera To make Ethereum transactions possible in this manner, Opera has partnered with regulated crypto brokerage Safello to provide the cash-to-crypto exchange. Further, the browser is making life even easier by enabling payments with credit and debit cards. It has also implemented other payment networks such as Sweden’s Swish. According to the web browsing…

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Cryptocurrency 

Facebook Acquires Blockchain Startup Chainspace

According to financial news outlet Cheddar, Facebook has acquired a blockchain startup called Chainspace. Another move for the tech giant into the cryptocurrency space perhaps? Chainspace Founded by University College London researchers, the Chainspace blockchain describes itself as “a planetary scale smart contracts platform” and is comprised of a “distributed web of blockchains for scalability, speed, and privacy.” According to its website, the company says that it is excited to be “moving onto something new.” Assumedly this is its new venture with Facebook. Facebook Acquires Chainspace? Facebook has confirmed that it…

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Cryptocurrency 

Genesis Capital | Crypto Lending Weathers a Bearish Market

Crypto lending firm Genesis Capital processed $1.1 billion in loans last year. This is according to the company’s recently released ‘Lending Snapshot’ for Q4 2018. Genesis Capital The figure shows the massive growth in processed loans as Bitcoin price fell over 44% in 2018. The first Digital Asset Lending Snapshot was released at the end of Q3 2018. This reported that Genesis processed $553 million in loans from the period starting March 2018. Therefore the most up-to-date figures show that “Q4 loan originations increased more than 100% in the final three months of 2018…

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Cryptocurrency 

Crypto Hacks Take $1.7 Billion in 2018

Yesterday, a rather shocking cryptocurrency anti-money laundering report was released by the crypto analytics company CipherTrace. This report states that around $1.7 billion worth of cryptocurrency was obtained illegally in 2018. What’s more surprising is that crypto hacks happened three times more than in 2017. No wonder institutional investors don’t want to put big money into the crypto industry yet. Crypto Hacks Worth $1.7 Billion Of the total stolen in 2018, over $950 million was from cryptocurrency exchanges. This is 3.6 times more than what was stolen from exchanges in 2017.…

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Cryptocurrency 

BitTorrent Token (BTT) Sale Over in Minutes

The BitTorrent Token (BTT) sale on Binance took place yesterday. In under 15 minutes, $7.1 million was raised, selling 50 billion BTT token. Binance announced the conclusion of the sale via an official blog post on their website. BitTorrent Token (BTT) Sale The token sale ran in two different sessions: One for purchasing BTT with TRON (TRX) and the other purchasing BTT with Binance Coin (BNB). Both sale sessions ended quickly. This didn’t go without a hitch though. It seems Binance wasn’t fully prepared for the amount of traffic it was…

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Cryptocurrency 

Bitcoin Revolution Scam | Malta Warns of “Get-Rich-Quick” Scam

An alleged global scamming scheme called ‘Bitcoin Revolution’ is doing the rounds and traders are being warned not to fall for it. The Malta Financial Services Authority (MFSA) issued a warning against it today via an official document. Bitcoin Revolution The alleged crypto scam likens to a typical get-rich-quick scheme and operates through several websites, though only one has been officially named: the-bitcoinrevolution.org. The scheme has been advertised on social media platforms and has used the images of prominent local personalities claiming they have become rich from the crypto investments. Unregistered According…

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Cryptocurrency 

Malta Warns of “Get-Rich-Quick” Scam

An alleged global scamming scheme called ‘Bitcoin Revolution’ is doing the rounds and traders are being warned not to fall for it. The Malta Financial Services Authority (MFSA) issued a warning against it today via an official document. Bitcoin Revolution The alleged crypto scam likens to a typical get-rich-quick scheme and operates through several websites, though only one has been officially named: the-bitcoinrevolution.org. The scheme has been advertised on social media platforms and has used the images of prominent local personalities claiming they have become rich from the crypto investments. Unregistered According…

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Cryptocurrency 

John McAfee Will Run His Presidential Campaign Overseas

US entrepreneur and crypto enthusiast John McAfee has fled the United States to conduct his 2020 presidential campaign. The McAfee 2020 Campaign is, as of this day, in exile. I am being charged with using Crypto Cuttencies in criminal acts against the U. S. Government. More videos coming shortly. Stay tuned. pic.twitter.com/C75zcbnKTD — John McAfee (@officialmcafee) January 22, 2019 John McAfee Runs for President John McAfee is the founder of the famous McAfee antivirus software. Back in June of 2018, the cryptocurrency enthusiast announced his plans to run for the US…

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Cryptocurrency 

NASDAQ CEO | Friedman Thinks Crypto Deserves Place in Our Economy

It bodes well for cryptocurrencies everywhere that the CEO of the world’s largest exchange, NASDAQ, has their back. Specifically, Adena Friedman thinks they “deserve an opportunity to find a sustainable future in our economy.” The comments were made yesterday by Friedman in a posting on her LinkedIn profile. The president and CEO of the Nasdaq exchange was writing ahead of her scheduled appearance at the World Economic Forum at Davos. NASDAQ CEO and Crypto Friedman believes crypto will have an important part to play in the future, believing “the invention itself [is] a tremendous…

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