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PayPal CEO Holds Bitcoin and Only Bitcoin

Dan Schulman, CEO of payment processor PayPal, revealed during an interview that he does indeed own Bitcoin (BTC).On Nov. 20, Fortune reported that PayPal CEO Dan Schulman stopped by its offices where he discussed a variety of topics, including the reason for PayPal’s withdrawal from the Libra Association and whether he is the proud owner […]


Nestle, Carrefour Extend Blockchain Tracking Effort to Baby Milk

Nothing is more important to new parents than the safety of their infants, and food giants Nestle and Carrefour aim to use blockchain to help appease that instinct.Following on from a previous food tracking effort by the two companies, based on IBM’s Food Trust platform, Nestle and Carrefour will track baby milk products and provide […]


Bitcoin Hovers Near Price Support as Long-Term Bear Cross Looms

Bitcoin risks falling below key support near $8,550, with a widely followed bitcoin price indicator teasing its first bearish turn in over a year.The top cryptocurrency by market value is currently trading at $8,610 on Bitstamp, having bounced up from the 50-day moving average (MA) support at $8,543 earlier today.The 50-day MA has been restricting […]


Google Collects Us Patient Data In Secret, Another Call For Blockchain

New reports indicate that Google has been secretly collecting US patients’ data from over 2,600 hospitals in order to train its new AI project.CODENAME ‘PROJECT NIGHTINGALE’A recent report published by The Wall Street Journal indicates that Google has been collecting medical data on millions of US citizens through something known as the ‘Project Nightingale.’ According to […]


Coca Cola Using Blockchain for $21-Billion-per-Year Network

Coca Cola’s bottlers are implementing blockchain technology to manage their cross-party transactions.A Business Insider report on Nov. 5 revealed that Coke One North America (CONA) — the tech firm that manages IT operations for the soda giant’s bottlers — is using a blockchain solution developed by German software firm SAP to manage its supply chain.Managing […]


Class Action Accuses Tether and Bitfinex of Market Manipulation

A New York-based legal firm has filed a lawsuit against Tether and Bitfinex, accusing them of cryptocurrency market manipulation.“Largest Bubble In History”Roche Freedman filed a class-action suit alleging that the stablecoin firm and affiliated crypto exchange have been involved in defrauding investors, manipulating markets and concealing illicit proceeds, the firm’s founding partner Kyle Roche tweeted […]


XRP is a Security, According to US Cryptocurrency Exchanges

XRP is almost a security, according to a council created by US’s biggest cryptocurrency exchanges.Crypto Ratings Council (CRC) awarded XRP a four on the scale of five – the highest value indicating that an asset is a security. It noted that Ripple, a San Francisco-based blockchain remittance company, sold XRP tokens or token interests before […]


Taxation May Have Negative Effects on Cryptocurrency

With all the glitz on crypto these days, from telecommunications, finance houses, sports to the media, more than ever before, the spotlight is on crypto, but one wonders why crypto hasn’t grown larger than it is now, the simple answer is taxation.Breaking the IceIn the last few years, it would have been unimaginable to think […]


Mastercard’s New Cryptocurrency Division: Why It’s Important

Mastercard (NYSE: MA) is already a partner with Facebook (NASDAQ: FB) on its Libra cryptocurrency project, but it seems like the payments giant has even greater ambitions. In this segment from Industry Focus: Financials, host Jason Moser and contributor Matt Frankel, CFP, discuss what Mastercard could have in mind.To catch full episodes of all […]

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