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South Korea Might Soon be Spending Billions on Blockchain Development
14.7.2020
President Moon Jae-in wants to allocate billions of dollars to strengthen industry 4.0 technology
Billions and Billions: How Brands Take Blockchain From Niche to Normal
30.6.2020
“The value we create inside of our virtual worlds will become indistinguishable from the value we’ve historically created outside of them.”
Wirecard: Crypto Card Users’ Funds Locked as UK Regulator Suspends Subsidiary
27.6.2020
UK Financial Conduct Authority (FCA) on Friday suspended the license of Wirecard Card Solutions (WCS), a unit of troubled Wirecard AG, which is responsible for issuing Visa cryptocurrency debit cards. It means some users of cards such as Crypto.com’s Mco visa debit card and Tenx’s visa...
Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe
25.6.2020
Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2.1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations...
Wirecard CEO Quits as Crypto Card Firm Reveals Missing $2.1 Billion Does Not Exist
22.6.2020
Wirecard chief executive officer quit as the crypto card payments firm revealed that the €1.9 billion ($2.1 billion) missing from its accounts may not exist. CEO Markus Braun resigned on June 19, after nearly 20 years at the helm. James Freis has been appointed interim chief executive,...
Crypto Card Issuer Wirecard Missing $2.1 Billion Cash, Company Shares Plunge 62%
19.6.2020
About 1.9 billion euros ($2.13 billion) worth of cash is missing from one of Wirecard’s trust accounts and the crypto debit card provider cannot as yet account for the money, the company reported on Thursday. In a statement, the major German payment processor blamed “spurious”...
Bitgrin Minted Billions of Tokens Despite 21M Supply Cap, CoinMarketCap Warns
4.6.2020
The Bitgrin network saw billions of tokens minted, despite a supposed max supply limit of 21 million XBG
Vodafone to Connect 'Billions' of Energy Producing Devices Using Blockchain
27.5.2020
Vodafone plans to link billions of distributed energy generating assets to grids using the Internet of Things and blockchain technology
Winklevoss Biographer Writes Newest, BTC-Heavy Episode of 'Billions'
18.5.2020
Another episode of the fifth season of “Billions” focused on crypto mining
US Treasury to ‘Borrow’ $3 Trillion for a Single Quarter – Anticipates Taking Billions More for Q3
5.5.2020
On Monday, the United States Department of the Treasury announced it will be “borrowing” a record $3 trillion to help support the American economy. The move comes after the Federal Reserve dished out over $6 trillion to private dealers before the first U.S. Covid-19 death, and the $1.5...
New Season of 'Billions' Opens With Bitcoin Mining Bust
4.5.2020
Crypto fans have been discussing actively on social media about the new Bitcoin-related episode of “Billions” series
Bitcoin Goes Mainstream (Again) in Billions Season 5 Premiere
4.5.2020
A fragment of the official poster for the fifth season of Billions.
This weekend’s big TV show event had a bitcoin (BTC) bent – with series five of Showtime’s Billions drama series focusing largely on the world’s most popular cryptocurency.
The first episode of the series aired over the weekend...
Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
24.4.2020
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain...
Largest US Banks Expect Billions in Loan Losses, Profits Plunge
19.4.2020
Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...
Billions in Crypto 'Dry Powder' On Exchanges Ahead of Bitcoin's Next Move
17.4.2020
With the stablecoin market remaining at record-high levels for well over a month, more analysts are taking it as a sign that crypto traders have not given up on higher prices, but are simply waiting for an opportunity to enter bitcoin and other digital assets once again.
As reported, many crypto...
Recent Class Action Lawsuit Could Cost Binance Billions of Dollars
10.4.2020
Could past compliance missteps lead to the eventual downfall of Binance?
BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving
16.3.2020
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
Rewards-to-Crypto Plan May See Billions of USD Converted Into Bitcoin
7.2.2020
If the Cryptoverse is lucky, a new app could see billions of American rewards points converted into cryptocurrencies, such as bitcoin (BTC).
“The legacy payments infrastructure is ripe for disintermediation,” Jeff Sprecher, founder and CEO of Bakkt operator Intercontinental Exchange (ICE) told...
Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges
26.1.2020
On January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that...