Cryptocurrency

Facebook resumes Cryptocurrency Ads

Facebook has resumed cryptocurrency-related Ads after four months of ban. It initially banned crypto ads amid fears of fraudulent activities allegedly being perpetrated via such promotions. infomediang.com reported how the largest social media platform took the bold move at the end of January, 2018 banning all ads that promote cryptocurrencies, including bitcoin, and Initial Coin …

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UAE Blockchain Technology Strategy 2021 For Opportunities in New Technology

Blockchain technology in United Arab Emirate (UAE) is getting a strong backing just as the country’s government declared during the launch of “UAE Blockchain Strategy 2021.” During the launch, Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid believed that the adoption would support the UAE’s …

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Visa, Worldpay accept responsibility for Coinbase overcharging

Two major payments partner of Coinbase, Visa and Worldpay have accepted responsibility for overcharging Coinbase customers. In one of our posts yesterday, we reported that Coinbase customers took to reddit and other social media channels to complain about huge charges they incurred buying cryptocurrency on Coinbase. Some of the customers concluded that the overcharges were …

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Visa replies Coinbase on cryptocurrency overcharges, “It’s your fault”

Credit card and cash processing giant Visa is rebuffing the allegation that it’s responsible for overcharging cryptocurrency traders on Coinbase. “Visa has not made any systems changes that would result in the duplicate transactions cardholders are reporting. We are also not aware of any other merchants who are experiencing this issue. “We are reaching out …

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Samsung’s ASIC Chips to compete with Bitmain (for Bitcoin Mining Rigs)

Samsung, owner of one of the world’s largest semiconductor manufacturing plants, has started manufacturing ASIC chips for Bitcoin mining, reports say. The electronic giant had completed the development of its ASIC chips in 2017 and began mass production this month (January, 2018). Report says Samsung has been supplying its ASIC chips to a yet-to-be-named Chinese …

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LINE (Japanese Messaging App) to launch cryptocurrency exchange

Japanese messaging app giant, LINE, has announced its plan to launch its own cryptocurrency exchange firm. Last week, more capital firms queued to partner with another giant messaging app, Telegram, in the sales of its ICOs, which is expected to launch in the market soon. This time, Line, which knows that a huge number of …

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CoinCheck NEM Wallet Hacking: 10 Things We Know About Biggest Digital Asset Theft

Following the successful hacking and stealing of $534 million from CoinCheck NEM wallets, one of the Japanese largest cryptocurrency trading platforms Friday, January 26, 2018, here are some of the things you probably want to know: No. 1: Coincheck hacking is the largest cryptocurrency theft in the history of digital currency. It has left the …

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10 Things We Know From Collapse of BitConnect Lending

As you already know, BitConnect has stopped their Lending and Exchange Service, and they’ve already converted the people’s outstanding loans into BCC Coins. As a result of BitConnect ending its lending and exchange, a large Panic Sell was happening at the time of publishing this article and the BCC Coin has fallen enormously in value, …

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