Are you intrigued by cryptocurrency but find it as perplexing as a cryptic crossword? Fear not! We’re here to guide you through this beginner-friendly exploration into the realm of digital currencies. It’s time to unravel the complexities of cryptocurrency and set you on a path to navigating this exciting digital landscape safely.
Concerns over the potential impact of tech company layoffs on the integrity of the 2024 elections are being raised by three U.S. senators. Democratic Senators Amy Klobuchar from Minnesota, Peter Welch from Vermont, and Dick Durbin from Illinois are questioning whether recent workforce reductions at Meta (formerly Facebook), Alphabet (the parent company of Google), and Twitter could compromise the fight against misinformation.
Circle CEO Jeremy Allaire has recently revealed to Bloomberg TV that the increased US regulatory scrutiny of cryptocurrencies has significantly impacted the market capitalization of the USD Coin (USDC). This crackdown comes in the wake of the FTX exchange collapse, a major banking crisis, and the depegging of the USDC.
If you’ve never found yourself hanging around the horned-rim glasses wearing literary fans or the all in black art crowd, you may not be familiar with the word “meta” and it’s many uses. Its origin story, like many others, takes place in ancient greek mythology. Meta was the first wife of the Athenian king, Aegeus. The word itself, Meta, is derived from μετά, meta, meaning “beyond” or “after”. Meta was the equivalent to the Latin “post-” or “ad-”. However, the contemporary version of Meta is not very old; meta appeared for the first time in 1988. Despite its age, Meta, has many definitions, all of which make it an uncanny name for the future of technology… or rather, of all things.
Paypal, the parent company of Venmo, recently announced plans to increase prices for the “instant transfer” service, affecting both of their popular financial applications (Paypal and Venmo).
The service, an “instant transfer”, essentially allows you to transfer some or all of the balance in your Venmo or Paypal account to your bank account or debit card in seconds. Paypal and Venmo already charge for this service, but soon it will be even more!
You can now buy cryptocurrency like Bitcoin with Paypal and Cash App! Paypal offers more crypto choices, but Cash App has better offerings.
Smart entrepreneurs and marketers use social media to promote their products and services, as they have realized these social hangouts are ideal for connecting with customers. And as new platforms keep coming up all the time, it is important for savvy entrepreneurs and marketers to keep an eye out for…
Cognizant, an American company providing IT services based in Teaneck, New Jersey, is one of the latest victims of the infamous Maze ransomware. The IT services provider operating in more than 37 countries, with a turnover of $16bn, said the attack took place on Friday, April 17th. According to the…
As the Covid-19 pandemic continues to bite, the market has experienced upheavals with huge swings and wild drops. These triggered a market-wide circuit breaker four times in March. Circuit breakers are pauses in trading with the hopes that the market will calm down. On Monday, the International Monetary Fund (IMF)…
Walmart, through its joint venture Walmart Apollo, has filed a patent for a Walmart coin based on blockchain. The new cryptocurrency (“Walcoin”, anyone?), intended to be a stablecoin.
Is Facebook Aiming to Become a Cryptobank with Facebook’s Cryptocurrency Libra and Cryptowallet Calibra?
Facebook has announced Facebook’s new cryptocurrency Libra, along with Facebook’s crypto wallet Calibra, and it’s that cryptowallet that may be the bigger consumer news. Is Facebook trying to become a cryptobank?
There have been several challenges to Bitcoin’s first-to-market dominance of the cryptocurrency space, including Ethereum and Zcash. However these stand-alone cryptocash startups will be facing a new challenge from a 500 pound gorilla, namely Facebook. (Some are already referring to this stablecoin as ‘FaceCoin’.)
The newest malware ransomware making news is B0r0nt0K (similar to ‘BorontoK’ only the Os are replaced with 0s). While it has hit at least one Linux server, experts say that it also has the potential to lock up Windows servers. Unfortunately, at the moment there seems to be no B0r0nt0k antivirus defense.
If you’re wondering “What is blockchain” (also known as “block chain”), you’re not alone. Unless you’ve been following Bitcoin, you may only be hearing the term “blockchain” for the first time now, as it’s been in the news lately.
The United States now has 4 Bitcoin ATM locations: Seattle, Washington; Austin, Texas; Cambridge, Massachusetts; and Denver, Colorado. Coincidentally, Colorado has also just launched its own local currency, called Colorado COjacks (pronounced “cojax”, or, if you prefer, in an homage to the Tootsie Roll popping detective, Kojacs).